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ACROSS

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credit: Kaufhaus Tyrol

Kaufhaus Tyrol in Innsbruck Sold – New Operator Takes Over Following Signa Bankruptcy

The Kaufhaus Tyrol, a prominent shopping center located on Innsbruck’s Maria-Theresien-Straße, has been sold following the bankruptcy of Signa Prime Selection AG. The newly established company KHT AcquiCo SARL has acquired the property. While the exact purchase price remains undisclosed, reports suggest the sale amounted to approximately €140 million.

Will Odwarka is the Founder and CEO of Heartatwork Hospitality Consulting. /// credit: ACROSS, Will Odwarka

Will’s F&B Insights: The Mirage of Fast-Franchising – How Underdeveloped Restaurant Concepts Damage the Industry

An increasing number of underdeveloped restaurant concepts are rushing into franchising—putting not only investors at risk but also eroding trust in the industry as a whole. In his incisive article, Will Odwarka, Founder and CEO of Dubai-based Heartatwork Hospitality Consulting, warns in his latest F&B column against the “myth of easy money” and explains how lack of concept maturity, insufficient support, and short-term thinking can backfire in the long run.

credit: Bernhard Claßen for GCSP

Christine Hager Joins Management Board of Sonae Sierra Germany

Christine Hager has been appointed to the management board of Sierra Germany GmbH with immediate effect, succeeding Jorge Morgadinho. A seasoned executive and real estate expert, Hager has been part of the leadership team since Sonae Sierra took over the property management division in 2022, and she reports directly to the executive board of Sonae Sierra in Portugal.

credit: NEINVER

NEINVER Appoints David Hernández as New Sustainability Manager

NEINVER, a leading European company in the development, investment, and management of outlet centres, has announced the appointment of David Hernández as its new Sustainability Manager. His appointment forms part of the company’s evolving ESG strategy – an essential pillar of its business model and a key driver of its decarbonisation roadmap.

credit: Balfin

BALFIN Group: Shaping the Future of Real Estate in the Western Balkans and Beyond

With a dynamic mix of shopping malls, retail parks, hotels, and residential developments, BALFIN Group is setting new benchmarks for real estate in Southeast Europe. In this exclusive interview, the company’s Vice President of Real Estate Asset Management, Csaba Toth, outlines BALFIN’s growth strategy, from expanding its footprint across the Balkans to entering mature Western markets. He explains how the group is redefining retail, embracing digital innovation, and why its integrated approach makes BALFIN a one-stop gateway for international investors and retail brands eyeing this fast-growing region.

credit: HyperIn

PEOPLE POWER: THE UNTAPPED ESG VALUE IN RETAIL REAL ESTATE

ESG is everywhere in commercial real estate – on investor slides, in procurement tenders, in board-level commitments. However, while the environmental and governance pillars are well-institutionalized, the social side often remains vague, difficult to quantify, and harder to activate. That gap caught my attention, states Jean Carlos Delgado, Brand and Marketing Director, HyperIn Inc.

credit: umdasch

A new dimension for travel, enjoyment and shopping: umdasch realises Smartseller store at Nuremberg Airport

Opened at the beginning of April, the new 1,100 sq m Smartseller store offers travellers an innovative duty-free shopping experience combined with high-quality food and beverage offerings and a sense of regional identity. The Store Makers at umdasch took on the entire project management for the store construction and ensured a smooth and high-quality implementation with the delivery and installation of furniture, light sculptures and catering elements.

credit: Eurofund

GRADUAL CHANGE: THE NEW MID-RANGE BETWEEN LUXURY AND DISCOUNT CONCEPTS

From the rummage table to the feel-good factor: Discount concepts are no longer stigmatized, and luxury concepts are booming. That’s not to say that mid-range concepts are disappearing, but if you want to survive somewhere between the two poles, you’d better deliver. In an interview with ACROSS, Olaf Ley, CEO of Germany Retail at Eurofund, describes the most important changes in consumer behavior in recent years and provides insight into the developments concerning the Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, as well as Eurofund’s expansion plans.

credit: Kinexio

The great retail divide: Why polarization is reshaping the retail landscape

Market analysts show that retail is becoming increasingly polarized: Consumers are shifting toward either high-end experiences or low-cost purchases, leaving mid-market retailers struggling. This divide affects both retailers and locations — with vibrant city hubs thriving while smaller towns face challenges.

credit: umdasch

Digital, local, sustainable: the new DNA of travel retail

Travel retail is an industry in transition, driven by a resurgence in travel activity, new consumer expectations, technological innovations, and a growing demand for sustainable concepts. Michael Ripfl, Sales Director for Nordics & Travel Retail at umdasch The Store Makers, provides an in-depth insight into current developments, long-term trends, and specific project examples. It becomes clear that what once began as the “sale of spirits and tobacco” has now evolved into a complex interplay of retailtainment, locality, and an innovative customer approach.

credit: SES

Further brand debuts in SES centers:International retailers opting for top locations

When international retailers scout new markets, SES Spar European Shopping Centers is often their first port of call. The latest market entries – including KIKO Milano and Fashion&Friends in Slovenia, and the global debut of HIGGINS in Vienna – confirm SES’s position as a launchpad for brands with global appeal. With high foot traffic, premium locations, and standout architecture, SES centers continue to attract major players in retail looking to make a strong first impression.

credit: Big Poland

BIG Strengthens Market Presence in Poland with Tenth Retail Park

BIG Poland has completed the acquisition of OTO Park Koszalin, adding 38,000 sq m of gross leasable area to its portfolio. With this latest deal, the company now operates ten fully commercialised retail parks across Poland, including sites in Łubna (near Warsaw), Lubin, Andrychów, Gorzów Wielkopolski, Ostróda, Myszków, Włocławek, Olsztyn, and Suwałki.

From Fashion to Leisure: Transforming Shopping Spaces for Tomorrow’s Cities

A radical transformation: As traditional retail declines and department stores shutter, cities are reimagining these spaces as vibrant hubs of leisure, culture, and community. From immersive entertainment in London to rooftop farms in Antwerp, this shift reflects more than just changing consumer habits – it’s reshaping urban life itself, explains Herman Kok, Associate Partner at DISCvision. Discover how tomorrow’s cities are turning shopping into experience, and malls into modern agoras.

credit: NEINVER

NEINVER Cuts Emissions by 5% in 2024, Reinforces Net Zero Commitment

NEINVER, a leading European investor, developer, and operator of retail outlet centers, has announced a 5% reduction in operational greenhouse gas emissions and a 3% drop in energy consumption for 2024, despite record-breaking temperatures and rising visitor numbers across its portfolio. The results, outlined in the company’s newly released 2024 Sustainability Report, underscore the effectiveness of NEINVER’s ongoing environmental strategy and its commitment to achieving Net Zero emissions.

credit: BBE

BBE Handelsberatung Appoints Dr. Philipp Hoog as Partner

With the promotion of Dr. Philipp Hoog to partner as of July 1, 2025, BBE Handelsberatung underscores its long-standing commitment to shaping the future of retail and consumer goods through expert strategy and innovation.

credit: SES

“RETAIL’S CORE FUNCTION IS CURATION”

The demands placed on brick-and-mortar retailers have intensified significantly: Experiences, clear positioning, and top-quality levels are no longer optional, but mandatory. “Only those who provide a sense of clarity stand a chance of survival.” Christoph Andexlinger, CEO of SES Spar European Shopping Centers, speaks with ACROSS about the realignment of traditional shopping centers, the power of regional retailers, and why mid-range segment retailers will only have a future, if they are uncomprisingly clearly positioned.

credit: umdasch

umdasch is rethinking the Car Showroom: How Placemaking Is Shaping the Automotive Sector

How are design, technology, and sustainability transforming the automotive trade from traditional showrooms to digitally connected spaces? The recently published ninth edition of inSites – a special publication by umdasch – titled “From Showroom to Brand Room”, explores which emerging trends are overturning traditional retail concepts, why the quality of stay has become a must-have, and why integrating digital touchpoints is essential.

credit: Placewise

The Future is Automated: Unlocking the Power of Marketing Automation at Shopping Centers

In today’s evolving retail landscape, marketing automation is no longer optional, it is essential. Shopping centers, once purely transactional spaces, are now transforming into dynamic destinations for experience, entertainment, and community connection. However, in a world in which consumers expect relevance, immediacy, and personalization, how can centers deliver consistent, high-quality engagement without overwhelming their marketing teams?

credit: Kaufland

SUSTAINABLE BY DESIGN: HOW KAUFLAND IS FUTUREPROOFING ITS STORES WITH EDGE CERTIFICATION

EDGE certification is a key part of Kaufland’s bold plan to slash CO₂ emissions across its vast real estate portfolio. From triple glazing to heat recovery systems, Dominik Uhe, Head of Investor Relationship Management at Kaufland International describes how a data-driven approach is transforming Kaufland’s properties into models of green retail – and why Kaufland believes sustainability starts with the building itself.

Credit: European Real Estate Brand Institute

HBB Wins European Real Estate Brand Award for Third Consecutive Year

Hamburg-based real estate developer HBB has once again been recognized as Germany’s top retail developer, receiving the prestigious European Real Estate Brand Award for the third year in a row. The accolade highlights HBB’s strength in innovation, sustainability, and brand resilience in a rapidly evolving market.

SOLAL AWARDS 2025 WINNERS ANNOUNCED AT AN INNOVATIVE GALA EVENT IN WARSAW

The winners of the 2025 Solal Marketing Awards were announced at an outstanding gala event at fashionable leisure venue Fabryka Norblina in Warsaw. The live event was the first celebration of the most effective and innovative marketing campaigns in the shopping center industry since the pandemic. A record-number of entries in eleven distinct categories were received, with finalists joining the event from countries right across Europe, Canada and South Africa.

CEO PERSPECTIVES 2025 – When the Tenant Thrives, the Asset Flies
What will it take in 2025 for an asset to take off? For this special, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.
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