Advertisement

Search Results for: foc – Page 28

Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.

Renovating existing buildings and reducing new construction is the order of the day. Christoph Andexlinger, CEO of SES, uses the example of KING CROSS Zagreb to explain how the company is developing the established, aging center into a state-of-the-art mall with a high quality-of-stay via a complete refurbishment, thereby elevating it to the next level of success.

Repurposing existing properties is a value-adding approach, benefiting both the capital market and users. Union Investment is changing direction for the better by considering the value chain holistically. Managing Director Henrike Waldburg explains the corporate positioning and why it is worth investing in transformation from a financial and social perspective.

The project development of a congress hotel and residential tower

Kaufland intends to significantly reduce CO2 emissions in the future in the construction of new stores and for modernization measures. Currently, the retailer is testing various alternatives to materials such as concrete and steel at pilot locations. In Bratislava, the company is opening the largest timber store in Slovakia, while in Tuttlingen, Baden-Württemberg, a store is being built using recycled building materials including items such as walls, the facade and the parking lot.

The German transaction market for retail space recorded a low transaction volume of around EUR 2.8 billion in the first half of 2023 – compared with around EUR 7.8 billion in 2022 as a whole. Overall, it can be seen that online retail is having a negative impact on the development of sales in stationary retail even after the Corona pandemic. However, stationary retail for everyday needs in particular, such as retail parks in residential areas with a high population density, is proving robust and benefiting from the new situation. These trends extend much further than just Germany, as similar patterns can be recognized on other European markets as well.

As a participant and contributor to the world of hospitality for over 30 years, Will Odwarka shares in this column insights, thoughts, and concepts that represent the contemporary challenges of our industry either as part of a retail environment or as standalone operations. He will do this without sugarcoating and superficial bumper sticker statements.

The retail park: a cornerstone of modern consumer culture that has long been a popular destination for shoppers seeking convenience, variety, and an all-in-one shopping experience. As technology and consumer preferences continue to evolve, the future of retail parks faces both challenges and exciting opportunities. Joseph Jarvis, Content Marketer at Chainels, explores how retail parks are likely to adapt and innovate to remain relevant in the rapidly changing retail landscape.

The European shopping center market overvalues design and investment but needs to pay more attention to atmosphere, interaction, and service, says Will Odwarka. This hurts the centers and especially their gastronomy section. The founder and CEO of Dubai-based Heartatwork Hospitality Consulting explains in his conversation with ACROSS editor Reinhard Winiwarter why excellent, personable service is the prerequisite for everything in the field of gastronomy.

Signa subsidiary SportScheck currently operates 34 stores in Germany. These will be expanded by three top locations, each with 2000 to 3000 sq m of space: Frankfurt’s Zeil, Berlin’s Tauentzienstrasse and Leipzig’s Hainstrasse.