Sustainability has earned an important role in the retail property sector in recent years and sustainability goals are now a pillar of outlet centers’ strategies.
NEINVER, a Spanish company specialised in property investment, development and management, Europe’s second-largest operator of outlet centres and sole tenant and operator of Halle Leipzig The Style Outlets, is celebrating the centre’s first anniversary, coinciding with the expansion works that start in this month of April.
A city center location is always more complicated, expensive, and time-consuming for new retail projects than an alternative on the periphery. Despite these hurdles, investors and developers have created projects across Europe that not only serve existing markets but are also catalysts for growing demand and transforming cities.
According to Bożena Gierszewska-Mroziewicz, Head of Neinver Poland, outlet centers are moving forward to offer a complete experience that responds to growing expectations.
According to Savills, the Swedish capital is currently the most attractive destination in Europe for shopping center investments due to its reputation as a “safe haven” and its relatively affluent population.
What customers have long demanded of malls is now being demanded of designer outlets. They must offer customers more than shopping, says Henrik Madsen, Managing Director Northern Europe at McArthurGlen, in an interview with ACROSS.
On April 11, McArthurGlen, Europe’s leading owner, developer and manager of designer outlets, and TH Real Estate, one of the largest real estate investment managers in the world, officially opened Phase V of Designer Outlet Parndorf, taking its gross lettable area (GLA) to 36,500 sq m.
After 15 years in the Unibail-Rodamco Group, Olivier Nougarou has decided to embrace new entrepreneurial challenges and will leave the Group at the end of April 2017.
After last year’s announcement of the expansion of their food & beverage concepts to Rotterdam The Hague Airport and Roermond Designer Outlet, HMSHost is entering a new channel: downtown.
The Dukat shopping centre in Olsztyn will be managed by Knight Frank. Dukat is a subsequent retail location in the property portfolio under Knight Frank’s management.
Thor Equities, a global leader in urban real estate development, leasing and management, has signed a contract to acquire the retail space at 54 Rue de Rennes in Paris for €15 million.
The ACROSS Advisory Board is happy to announce its latest addition and welcomes Patrick Delcol, the CEO of BNP Paribas Real Estate for CEE since 2013, as its new member.
In 2016, the Italian shopping center sector continued the positive trend begun in 2015, with retailers’ sales performing well. This confirms that, after years of crisis, the shopping center format is growing once again.
In an interview with ACROSS, Dietmar Reindl, COO of the listed Austrian company IMMOFINANZ, explained the advantages of retail parks and why an umbrella brand strategy in retail properties is surely worthwhile.
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