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Following its completion just a few months ago, Soravia is expanding its Retail Park Liptovský Mikuláš location in Slovakia. The potential for exciting fashion concepts is tremendous.

Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.

Real estate investors both in and out of Germany rely on specialist retailers and specialist retail parks: They offer constant pulling power, stable revenues, and solid customer footfall – all of which require clearly positioned product and sector concepts, which signal to investors that their investment is both solid and sustainable.

The three mega-topics of the European society, “globalization”, “digitization” and “demographic development,” are now known to all. Only the resulting changes for the respective business models are still unclear in many places.

Outlet Centers are still a niche market in the international retail real estate business and an asset class of its own. Today, there are more than 200 outlet centers spread over Europe but there are significant differences regarding the degree of saturation and maturity levels.

VIA Outlets is continuing the transformation of its portfolio across Europe. An expansion and remodeling program of €29 million, focusing on three outlets in Sweden, Spain, and Poland, began last autumn to help increase the overall guest experience and better position the outlets as premium shopping destinations across Europe.

Atrium has been extremely active in Warsaw over the past few months. CEO Liad Barzilai intends to further optimize the portfolio in the city.

Ingka Centres, formerly IKEA Centres, unveils a major new strategic vision that will see it invest €5.8 bn over the next three years – and sets off for the Indian subcontinent.

Helaba finances Atrium European Real Estate’s purchase of Wars Sawa Junior for EUR 170 million. The shopping center, located in the Polish capital, comprises 26,000 sq m of retail space.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.