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ACROSS

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“Complete Predictability Is an Illusion”

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Coca-Cola opens first European Retail Flagship in London

Coca‑Cola Great Britain announces the launch of its first flagship store in London. Located on Long Acre, Covent Garden, the new retail destination offers a range of limited-edition apparel collections, exclusive designer collaborations, gift items, and unique drinks creations.

Altera Vastgoed appoints Maria Molenaar as Chair of the Supervisory Board

Altera Vastgoed NV announced the appointment of Maria Molenaar as the new Chair of Altera’s Supervisory Board. The General Meeting of Shareholders voted in favor of her appointment, which completes the Supervisory Board’s new line-up. The other current members are Roelie van Wijk-Russchen and Heino Vink.

Mall of Switzerland appoints Multi for property and asset management

Multi Corporation is appointed property and asset manager for Mall of Switzerland, effective June 1, 2022. Mall of Switzerland is a modern, four-storey shopping center with 65,000 sq m of GLA, over 80 shops, a 12-screen cinema, restaurants, leisure options, and a parking garage for 1,600 vehicles.

LaSalle acquires £600m UK designer outlet portfolio

LaSalle Investment Management has acquired two outlet centers in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon, for £600 million from Nuveen Real Estate.

Winner of Kern Award 2022 announced

During the Kern Annual Congress in the Q-Factory in Amsterdam, the ‘Groningen Grote Markt Oostzijde’ project, submitted by the Municipality of Groningen, VolkerWessels Vastgoed, and MWPO, was declared the winner of the Kern Award 2022 by jury chairman René Vierkant.

Christoph Andexlinger succeeds Stephan Mayer-Heinisch at ACSP

One year ago, the long-standing chairman of the Austrian Council of Shopping Places (ACSP), Stephan Mayer-Heinisch, announced his retirement after 21 successful years. His long-standing deputy, Christoph Andexlinger took over the function of the chairman, for which he had already been elected last year, as planned during the General Assembly.

Centre:MK receives Green World Award

The retail destination centre:mk Milton Keynes in the UK has been recognized for its sustainability achievements over the last 24 months with a Green World Award. The Green Apple Awards enable companies and organizations to win environmental recognition not only for themselves, but also for their countries.

Multi as new Asset Manager for Vulcano Buono

Vulcano S.p.A. has appointed Multi Corporation, via its subsidiary Multi Italy, as the asset manager for the iconic shopping center Vulcano Buono located in Nola, Italy.

Pull&Bear opens flagship store at Alexa

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

Supernova Ljubljana Rudnik Expansion celebrates opening

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

Multi Poland: Marketing is a Key Value Driver for Real Estate Assets

In times of unpredictability, marketing spending is usually the first candidate for budget cuts. Marketing management in the commercial real estate sector must be highly focussed on the issues that are fundamental to the business of property owners which directly contributes to increasing their value.