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ACROSS

Search Results for: european retail – Page 46

Millennials as a Driver

Tom McGee, President and CEO of ICSC, says new Asian malls will be tailored to meet the needs of the younger generation. Existing shopping centers in Europe and the US are changing accordingly.

Development Slows, but Pipeline Remains Strong

The latest European Shopping Centers report by Cushman & Wakefield shows that shopping center development activity in the first half of 2017 increased total floor space across Europe to 160.8 million sq m at the midpoint of the year.

PROJECTS & OPENINGS EUROPE

Bispevika in Norway, Eperia in Slovakia, Loom and Wilmersdorfer Arcaden in Germany, Vialia and Palmas Altas in Spain, CityLife Shopping District in Italy, Meadowhall in the United Kingdom.

Size Does Matter

The drafters of the Savills Global Luxury Retail Report have discovered that luxury retailers are currently focusing on top locations.

“We want to expand our activities”

Commerz Real is putting out feelers for new shopping centers. In an interview with ACROSS, Katharina von Schacky, Global Head of Real Estate Markets Shopping, reports that purchase prices are somewhat unrealistic.

EAT THE MALL

Dining, enjoying, relaxing, and shopping. Center operators are completely revamping their menus.

Bargain hunting in Poland

According a Colliers-report the increasing competition in this market segment will force numerous objects to undergo qualitative changes in order to survive.

Big data and new metrics in shopping centers

Visitor traffic and sales are now insufficient for understanding a shopping center’s evolution. New metrics now prevail: tools that allow us to know more about our visitors and their behavior, such as how they interact with our brands and with other competing centers. Such insights are key in an environment of global economic digitalization.

A South African in CEE

An example: Hystead recently purchased “The Mall” in Sofia, one of the largest shopping centers in Bulgaria.

Passionate expertise

TREC Real Estate Consulting GmbH was founded in 2014 in Düsseldorf. The company focuses on investment management and commercial property-management for retail properties. What the four shareholders have in common is their professional position, their wealth of expertise as well as their joy in doing their job.

“Our Centers Boast High, Urban Quality”

Marcus Wild, CEO of Austria’s SES Spar European Shopping Centers, tells ACROSS about the company’s 10-year anniversary and why malls have long needed to be more than mere shopping destinations.

Kiev’s mega malls

Ukraine is the one of the biggest markets in Europe with 42.5 million consumers. After a steep fall in 2014/2015, the country’s economy has started a gradual recovery.

“Virtuality is a magnet word”

Il Centro in Milan, Bonarka City Center in Krakow, and Westfield in London stand out from the mass of European malls, says Árpád Török, CEO of TriGranit. The latter in particular because of its focus on virtual reality.

Focus on Visitors and their Comfort

Many criteria must be fulfilled for a shopping center to function nowadays. The experts on ACROSS’s Advisory Board responded to a survey about criteria for success and named their favorite malls.