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THE NEW, INCREDIBLE CHAPTER OF NICOSIA MALL

Cyprus’s ambitious shopping, leisure, and dining development opened its doors on November 21, 2018, revealing an extraordinary space that has been designed to please.

PROJECTS & OPENINGS EUROPE

SPAIN: Finestrelles | POLAND: Vis à Vis Wilanów | FRANCE: Nice Lingostière | GERMANY: OEZ | RUSSIA: Rublyovo-Arkhangelskoye Smart City | GERMANY: Gropius Passagen | SERBIA: IPM | HUNGARY: New Campona | ITALY: COM Caselle Open Mall | GERMANY: Erlangen Arcaden

“Clicks to Bricks” – An Unexpected Retail Trend

Just a few years ago, many retail commentators were predicting that by 2020, online retail (“clicks”) would have completely taken over and driven physical (“bricks and mortar”) stores to extinction.

Services and Leisure Take Center Stage

The modern mall has changed beyond all recognition – and necessarily so. Physical malls increasingly reflect the evolving needs of consumers and the accelerating pace of contemporary life. What was fast has become faster. At every turn, technology plays a role. The retail industry has unlocked online sales channels, which complement a brick-and-mortar approach, rather than simply competing with physical stores.

Projects & Openings International

Al Farwaniya Property Developments has recently shared the tenant line-up for its super-regional Reem Mall project in Abu Dhabi. +++ Benoy has announced its second project with Hong Kong China Travel Service (HKCTS) – Ningbo If Mall. +++ Macerich and Simon have announced the formation of a 50/50 joint venture to create Los Angeles Premium Outlets. +++ The construction of the KWG M Cube, a 40,000-square-meter shopping center designed by MVRDV, has recently been completed.

About a Sophistication

Outlet centers have proved to be one of the most successful businesses in the retail market.

“We Saw the Interest of Investors Vanishing”

From the outbreak of the financial crisis until 2016, hardly any new shopping center openings occurred in Spain and Portugal, reports Francisco Cavaleiro de Ferreira, Managing Director of Multi in Iberia. Now, the markets have recovered.

Fortune Favors the Brave

The retail real estate industry has faced many challenges in the decade since the crash. Most fundamental among them was a textbook case of falling demand facing rising supply.

Year after Year …

… innovative retail real estate projects and refurbishments are unveiled at Mapic in Cannes. These are just a few examples.

Rhein-Ruhr Zentrum in Mülheim: Once Stagnant, Now Completely Revitalized

The German Ruhr region is regarded as the largest catchment area in Europe – even ahead of the metropolitan areas of London and Paris. In that region – specifically in Mülheim – Rhein-Ruhr Zentrum, which opened in 1973, is now undergoing a 200-million-euro modernization.

Taking a Look at the Current European Real Estate Investment Market

Given the current skepticism prevailing among the international real estate investment community, particularly regarding the retail real estate segment, it is important to try to identify its underlying reasons, separating the thoughtful ones from the more provocative ones.

A Breath of Fresh Air at Westgate Shopping City

A change in ownership has taken place at the mall in Zagreb, Croatia. Denis Cupic, Head of Asset Management, comments on the background as well as the effects on tenants and customers.

Who Is the Most Innovative of Them All?

The retail industry is going through seismic change, fueled by changes in demographics, consumer behavior and – perhaps most notably – technological advancements. Recent figures show that e-commerce currently makes up one-tenth of total retail sales worldwide, and this number is set to increase over the years to come.

Why Polish People Love Click & Collect

EPP is the leading owner of malls in Poland. CEO Hadley Dean emphasizes the importance of the correct weighting of online shopping competition.

Repositioning outlet retail

There’s no denying that these are challenging times for retail, with shopping center landlords having to work harder to increase footfall and convert this to spend. On paper, this is simple – make your retail assets attractive places to shop, introduce popular retail and F&B brands, and people will want to spend money there.

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Shaping Spaces: Top Placemaking Projects of 2025
Across the globe, developers and architects are reimagining what it means to create “retail space.” The projects featured in this special edition, selected by leading industry experts, represent more than just successful developments; they are blueprints for the future of how we live, shop, and connect.
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