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OUT NOW – LATEST ISSUE! ++ The New Role of Retail ++ About Mixed Used Real Estate Drivers ++ The Storm of the Century ++ Turkish Market Report ++ Westfield Mall of the Netherlands ++ and much more.

“According to a study by Simon-Kucher & Partners, customers miss brick-and-mortar retail, with 90% of respondents indicating that they are looking forward to being able to visit local stores again once the lockdown has been lifted.”

Immofinanz has announced that it will begin refurbishment of the VIVO! Baia Mare shopping center on 1 June. The refurbishment work will bring new tenants to the center’s portfolio and will cover a total area of more than 10,000 sqm, equivalent to one third of the gross leasable area of VIVO! Baia Mare. The work is scheduled to be completed in the fourth quarter of 2021.

The food court of Etele Plaza scheduled to open this September in Budapest, Hungary will feature a direct connection to the roof terrace, unique interior design, and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and open kitchen concept. The requirements and dining preferences of all generations are considered during the design of the unprecedentedly spacious venue among Hungarian shopping malls.

On 18th May, the eagerly anticipated official opening of the new extension of Designer Outlet Warszawa was celebrated with a pink ribbon-cutting ceremony in consideration of the Covid- 19 restrictions. With additional 5,500 sqm and more than 25 new stores and restaurants, Designer Outlet Warszawa is the new flagship outlet destination of Poland with a gross lettable area of 23,000 sqm and a unique mix of more than 130 international and Polish designer, fashion and lifestyle brands.

This online event format was held for the third time this year. Three top-class panelists outlined the industry’s developments that were accelerated by Covid-19. A big and prominent expert-audience followed the discussion.

As a Member of the Management Board of the Spar Group, Marcus Wild has been responsible for real estate, the sports retail chain Hervis, and business process management since January 1, 2021. He is also responsible for SES, a shopping center subsidiary, which he steered to market leadership in Austria and Slovenia in his role as CEO. In this interview, we speak with an industry player who has “switched sides”.

“Incorporating the latest trends and changes in shopping behavior in our managed outlets centers, they will be back stronger, driven by innovative glocal marketing.”

The first Delta Planet shopping mall in Serbia extends for 40.000 square meters, has two floors and 850 parking spots for visitors and was built in only 14 months. Visitors will have shops of leading fashion brands, many restaurants and cafés, bookshops, home décor shops and a special attraction in the form of the most modern cinema with 5 auditoriums at their disposal.

The concept of retail parks during the pandemic has become especially popular among local residents, because thanks to the large areas, good location and separate access to shops, you can safely combine pleasant and useful things – shopping, working and spending free time.

Primark’s new flagship store in Forum Rotterdam, developed and managed by Multi Corporation, has opened its doors. The store, which has created more than 300 new jobs, is Primark’s 21st store in the Netherlands and 392nd globally.