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While the threat from e-commerce is a dominant theme for retail real estate in the Nordics, the well-located retail centers in Nordic capital city regions driven by local supply offer a more positive outlook.

On June 23, 2016, the people of Britain voted to leave the European Union. More than 30 million people voted, with a much higher than expected turn out, especially in the younger voters.

ACROSS asked local industry players how they assess the Brexit’s impact on the British retail real estate market. Here are their statements.

Brexit is no longer just a word—since June 23rd, it has been a real threat. While British exit advocates celebrate the country’s seeming newfound sovereignty, the shock is all the more severe for Brexit opponents. No wonder, since it means the wholesale redefinition of the closely linked economic relations between the UK and the EU.

Located in the city of Loulé in southern Portugal, MAR Shopping Algarve will be a meeting place with a total of 83,000 sq m, including a mall, an open-air leisure area, and the Designer Outlet Algarve.

Sonae Sierra and Caelum Development opened the ParkLake shopping center on September 1. The Romanian capital’s retail real estate market has now increased by 70,000 sq m GLA.

The shopping center investor Cemagg has entrusted the real estate service provider Bilfinger Real Estate to represent it as the builder-owner and to provide consulting and project development services for Dreiländergalerie in Weil am Rhein in Baden-Württemberg.

Dubai Holding has announced updates on the development of Mall of the World, a concept for an all-season city district offering a wide range of leisure, retail, cultural, residential, wellness, commercial, hospitality, and pedestrian options.

The Old Academy in Munich was once reserved for Jesuits, academics, and then statisticians. Now, Signa Holding wants to revitalize the historic complex in the city center.

Futureal is specialized in developing large-scale mixed-use properties in Hungary. In his interview with ACROSS, CEO Tibor Tatár tells us which challenges have to be met in this sector and talks about current projects.

Plus City’s extension was opened on September 1. This mall in Upper Austria’s Pasching is a microcosm that has become a self-contained leisure and shopping city.

Colliers recently published a “Retail Market Overview” of the first half of 2016 in Bulgaria. It indicates that the market will undergo sustainable development, with decreasing levels of supply and stable demand until the end of the year.

“VIVO!” is a supra-regional brand strategy Immofinanz pursues at its shopping centers. The flagship project is VIVO! Stalowa Wola in Poland, which opened almost one year ago.

ACROSS takes a closer look with Toni T. Jörgens of ESP. Design Studios on how storytelling and integrated design processes can be useful to turn shopping centers into engaging customer experiences.

On June 30, Bill Kistler was appointed as ICSC’s Executive Vice President and Managing Director of EMEA. In his interview with ACROSS, he talks about his goals, cooperating with the EU—and a positive future for the industry.

In this interview with ACROSS, Anne Murray from InvestGlasgow and Stephen Bibby from Cushman & Wakefield explain the Scottish city’s investment opportunities.

RETAIL TECHNOLOGY | Gift cards are becoming more and more popular. With a shopping center gift card, consumers are always sure to give the right present. That is why it is also important for malls continuously to adopt to this trend and offer their own individualized gift cards.

A lot has been said and written in the past years about the necessary reorientation of shopping centers and other retail locations, and at least as many measures were also realized since then.

In 2009—for the first time in history—the world’s urban population exceeded its rural population. By 2030, the number of people living in cities around the world is expected to increase by one billion.

The mixed-use-property Eurovea in Bratislava is being extended. In an interview with ACROSS, an owner Peter Korbačka explains why Eurovea is in urgent need of expansion.