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The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Vienna’s Neubaugasse in the seventh district has developed well in recent years. It has once again become a shopping street with many specialty stores and places to sit and linger. Strolling around here is fun again.

During the Kern Annual Congress in the Q-Factory in Amsterdam, the ‘Groningen Grote Markt Oostzijde’ project, submitted by the Municipality of Groningen, VolkerWessels Vastgoed, and MWPO, was declared the winner of the Kern Award 2022 by jury chairman René Vierkant.

Newsec launches a new initiative, Newsec Digital Accelerator, to further enhance the position within digitalization and sustainability. Christoffer Börjesson is appointed to head up and continue developing this strategy.

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

JLL’s new management board is made up of a team of leaders featured with cross-sectional competences, and experience spanning both the real estate market and other sectors.

Ulrike Gehmacher has taken over the sustainability agendas of Immofinanz as the Head of Group ESG. In this role, she has been responsible for the group-wide coordination and implementation of the company’s sustainability strategy since the beginning of February 2022, leading a cross-functional ESG committee that implements a sustainable value chain in the company.

ACROSS Magazine with a current situation report from Ukraine and in conversation with Vitalii Boiko, CEO of NAI Ukraine.

CEE real estate developer, investor, and operator, Prime Kapital, announced that it has raised a €125 million green club loan facility for its development joint-venture with listed property investor MAS plc, real estate investor listed on the Johannesburg Stock Exchange.

Many retail real estate companies are currently hesitant to promote their sustainability efforts. The fear of being accused of greenwashing if the location or company is not 100% sustainable outweighs the potential upside of leasing to green-minded tenants. Yet, there is a clear and simple strategy when it comes to marketing one’s sustainability efforts without fearing to be accused of greenwashing.

Frederic Rouleau, Country Asset Manager, head of the Polish division of Multi Corporation explains in this interview how to demonstrate the value of shopping centers in investors’ portfolios.

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.

Without a doubt, outlets are an outperforming retail format. Therefore, it is a very dynamic sector. Dominic Brady, Partner at KLM Real Estate, explains the current trends outlet operators are facing from the brands and consumers’ perspective.

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.

13 best development projects from around the world have been honored in Cannes. The winner in the category “Best Shopping Center” is CAP300 in France. Frederiksberg Allé 41, Denmark, is the winner of the category “Best mixed-use Development”.