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ACROSS

Search Results for: european retail – Page 42

ADVOCACY IN THE EU – WHY IT MATTERS

An important judgement clarifying European rules on retail establishment; a very strict EU data protection regime; a binding number of charging points for e-vehicles for buildings with more than 10 parking spaces. These are a few examples of important, new rules for the retail property industry adopted by the EU in recent years — and together, they’re a good example of why European policymaking is increasingly important for our sector.

The good old days

The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.

Shopping center–risk in store?

The tenants’ involvement in security management in malls is crucial, says Erik Engstrand, CEO of Safe ShoppingCenters. Retailers play a very important part in everything from risk mitigation in their operations to emergency response.

VIA Outlets FY 2018 results | Brand sales exceed 1bn Euros

VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – reports strong results for 2018, boosted by increased footfall (+3.5% year-on-year)* and an increase in the average spend per guest (+5.6% year-on-year)*. This positive performance has been achieved amidst the current challenges facing the retail sector.

Projects & Openings Europe

Birmingham City Council has recently announced Lendlease as its development partner to deliver the transformation of the 17-hectare Birmingham Smithfield site.

KGAL BUYS WESTFALEN SHOPPING CENTRE

Strong performance due to good location and high retail centrality – Independent investment and asset manager KGAL is further expanding its portfolio of special real estate AIF, with a high-footfall and established specialist retail centre. The Westfalen Einkaufszentrum (WEZ) is located in the north of Dortmund city centre in Germany.

Entering India

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.

Taking the Plunge: From Shopping Mall to Entertainment Center

For years, malls in the United Arab Emirates have been surpassing each other with endlessly new, breathtaking attractions: With features such as ice rinks in the middle of the desert, aquariums, and roller coasters or an entire VR world, shopping has long since become an experience in this region.

An 8-year Acquisition Term

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.

NEINVER takes over the management of Silesia Outlet in Poland

NEINVER, the leading outlet operator in Poland and Spain and a market leader in Europe, announced it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German speaking countries. NEINVER will be responsible for management, marketing and leasing.

THE NEW, INCREDIBLE CHAPTER OF NICOSIA MALL

Cyprus’s ambitious shopping, leisure, and dining development opened its doors on November 21, 2018, revealing an extraordinary space that has been designed to please.

PROJECTS & OPENINGS EUROPE

SPAIN: Finestrelles | POLAND: Vis à Vis Wilanów | FRANCE: Nice Lingostière | GERMANY: OEZ | RUSSIA: Rublyovo-Arkhangelskoye Smart City | GERMANY: Gropius Passagen | SERBIA: IPM | HUNGARY: New Campona | ITALY: COM Caselle Open Mall | GERMANY: Erlangen Arcaden

“We Saw the Interest of Investors Vanishing”

From the outbreak of the financial crisis until 2016, hardly any new shopping center openings occurred in Spain and Portugal, reports Francisco Cavaleiro de Ferreira, Managing Director of Multi in Iberia. Now, the markets have recovered.

Fortune Favors the Brave

The retail real estate industry has faced many challenges in the decade since the crash. Most fundamental among them was a textbook case of falling demand facing rising supply.

10 YEARS ACROSS – EDITORIAL

When we presented the first print issue of ACROSS exactly 10 years ago, an epochal event shook the world economy. The US-investment bank Lehman Brothers went bankrupt with a deafening bang and caused the biggest economic crisis in recent years. The real estate industry was hit particularly hard.

Rhein-Ruhr Zentrum in Mülheim: Once Stagnant, Now Completely Revitalized

The German Ruhr region is regarded as the largest catchment area in Europe – even ahead of the metropolitan areas of London and Paris. In that region – specifically in Mülheim – Rhein-Ruhr Zentrum, which opened in 1973, is now undergoing a 200-million-euro modernization.

Why Polish People Love Click & Collect

EPP is the leading owner of malls in Poland. CEO Hadley Dean emphasizes the importance of the correct weighting of online shopping competition.