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Tricks of the trade for shopping center survival

The UK currently has 23 sq ft of retail space per capita. Although this is half the rate found in the US, it is significantly more than in other developed countries like Canada (13 sq ft) and Australia (6.5 sq ft).

Turnover turbo for shops

The mobile app shopkick aims to turn shopping into a kind of mini vacation. ACROSS spoke with shopkick co-founder and CEO Cyriac Roeding about bonification systems and the future of retailing.

Ukraine’s Retail Real Estate – Survival Strategy

Unsurprisingly, project development in the country has been interrupted. But in Kiev alone, about 20 malls with around 1 million sq m of GLA are currently at various stages of completion, possibly opening in 2017-2018, according to UTG.

81,000 sq m of New Retail Space for the Belgian Capital

In Machelen, north of Brussels, Uplace, an independent real estate group in the lifestyle business, is building Uplace Brussels. The concept intends to be beyond what is available in shopping centers in Belgium.

It’s time to check out Spain!

The Spanish economy seems to be recovering. Nowadays, the country enjoys growth forecast at 3.1% according to the IMF, and consumer confidence is increasing in view of the latest public data. Many things have improved, but it is necessary to continue working on reducing unemployment rates and on making family spending growth possible.

Christmas for individualists

Festive Christmas decorations and shopping centers are now inseparable. The creation of highly emotionally charged habitats adapted to the respective mall is central to the philosophy of First Christmas. A matter of views.

Strengthening the industry’s voice

In an interview with ACROSS, John Coyne, the new Chief Executive of the British Council of Shopping Centers (BCSC), argues decisively for the relaxation of Sunday trading laws in the United Kingdom. His aim in general is for the industry to be even better heard by the government.

Concentrating its presence in countries

Many retailers do not have retail parks on their radar. The concentration principle Immofinanz is following with its Stop.Shop. chain will change all that. Nicolas Fernandez de Retana, the new Director Asset Management Retail Europe, explains how it works.

Downtown Mall Opens in Upper Austria

By opening architecturally outward, the Weberzeile fuses with downtown Ried. Total integration is the new shopping center’s motto. Patios, windows, and balconies provide communication between the users and the environment.

Another Riviera

There are many shopping centers named Riviera. Another not-too-small one – with approximately 100,000 sq m of GLA – will open next spring in Moscow.

Growth in an unstable summer in Portugal

When historians one day do a detached and objective analysis of the events that are taking place in Europe during this summer, they will certainly highlight the negative connotation of a multitude of occurrences already called the “perfect storm.”

Transport hub with a new shopping dimension

The Istanbul New Airport is set to become the largest of its kind worldwide. Its opening is planned for the end of 2018. Around 53,000 sq m of retail space will sweeten passengers’ stays there.

“Viewed globally, we’re focusing on Asia”

According to Tanja Nedwig, Marketing & Communications Director of Cross Jeans, the denim market is benefitting from the current oversupply. It makes the market interesting, since differences can and must be underscored. In an interview with ACROSS, she explains that the company also plans to expand into Scandinavia, the UK, and Asia.

Small and mid-sized projects continue

A look at Lithuania: According to the “Real Estate Market Report 2015 – Baltic States” by Ober-Haus, not a single large shopping center has opened its doors in Vilnius in the last five years. Developers are trying to exploit attractive locations by offering small and medium-size malls, however.

“We plan to dispose of our logistics properties”

Henrik Stadigh, Director Shopping Centers, and Pia Arrhenius, Senior Vice President, Corporate Planning and IR, tell ACROSS that the Finnish real estate investment company Sponda will concentrate in the future on office space and shopping centers.

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