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Search Results for: european retail – Page 10

The 24th Retail Symposium showed that – despite the turbulent times – the Austrian retail and retail property sector is by no means pessimistic about the future. The industry rather works on new concepts and possibilities to tackle new challenges with determination.

In view of the war events in Ukraine with incomprehensible suffering for the civilian population, the retail alliance “Leben gehört ins Zentrum” (“Life belongs in the center”) together with the German Council of Shopping Places have launched a broad Ukraine donation campaign. The donations will be used for medical supplies. The campaign is launched in cooperation with the University Hospital Schleswig-Holstein.

By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

Retail Real Estate: It is an asset class that has undergone a number of radical changes in recent years. Steffen Hofmann and Klaus Mennickheim, who run their own advisory firm, have built up an excellent international reputation as leading independent advisors. In an interview with ACROSS, they explain why specialist knowledge is so important right now, why the “retail bashing” that can often be heard falls far short of the mark, and why they have decided to rename their successful company at this point in time.

In the retail sector, the dividing line between winners and losers is particularly sharp as a result of the pandemic. Correspondingly, a substantial number of retailers in Europe will suffer from “Financial Long COVID” for years to come if politicians do not react, says Dr. Stephan Mayer-Heinisch, who spoke with ACROSS about COVID-19 from a strategic point of view.

The pandemic might be a topic causing fatigue for some, but the fluctuations and changes in the market are exciting to experience and full of positive developments. How have we survived this ever-changing world? What has changed, what can we learn? Let’s look at the fast and exciting flow of 2021 in this overview of the Turkish retail real estate market.

“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”

On September 9, 2021, Patrizia AG has disposed of a portfolio of retail parks located across Western Germany. The portfolio, comprised of 12 established retail assets totaling around 180,000 sq m, has been sold on behalf of clients to MEAG, the asset manager for Munich Re and Ergo.