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A Time of Retail Parks and Convenience Centers

In Poland, 2020, a turbulent year, has brought about many changes in the retail market. The unexpected occurrence of the pandemic has complicated the situation for both contractors and tenants. However, Covid-19 has not so much initiated new trends as it has dynamized the existing ones. It is not only about the growing importance of the omnichannel approach, especially with regard to e-commerce; the increasing share of retail parks and convenience centers in retail sales also ranks as one of the key trends. As research has shown, smaller-scale commercial formats have been most successful in dealing with the challenges brought about by the pandemic.

McArthurGlen appoints new group managing director of leasing

McArthurGlen is pleased to announce the promotion of Nick Brady to Group Managing Director of Leasing. In this role, Brady will be responsible for overseeing all brand acquisition and asset management for the Group’s 25 designer outlets in 10 countries across Europe and in Canada.

E-commerce will create billion dollar shopping centres

Mall operators with large portfolios of retail destinations that embrace e-commerce next year will generate a billion dollars in sales by 2025, according to Coniq’s recently published industry predictions for next year.

Redevco finishes transformation of Parque Corredor Shopping Center in Madrid

European urban real estate investment manager Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.

People in move

Recruitments, promotions and appointments…

Projects & Openings Europe

The opening of the largest inner-city regeneration project in Rotterdam in recent years, Forum Rotterdam, took place on September 24, 2020, with a small gathering and in full compliance with the current Covid-19 guidelines +++ Recently, the refurbishment of TresAguas has completed in the Madrid district of Alcorcón +++ Over the last few decades, Atrium Ljungberg has redeveloped Sickla, a suburb of Stockholm, from an industrial estate into a vibrant, living city district

MAPIC Digital conferences highlights

A women-lead opening panel featuring 3 international retail real estate leaders: Joanna Fisher (ECE), Cristina Santos (Sonae Sierra) and Anne-Sophie Sancerre (URW).

Shoe-stopping brand set for The Boulevard

Dune London, one of Europe’s most recognisable footwear brands, has announced its intention to open a new store in Northern Ireland’s prime retail site – its first outlet store in Northern Ireland.

The winners of the 11th edition of PRCH Retail Awards!

On Thursday, 5 November 2020, the Polish Council of Shopping Centres (PRCH) announced the winners of the 11th edition of the competition. Among the awarded projects, there were those of companies such as: EPP, eobuwie.pl, Cromwell Property Group or Play. This year, a special prize was also awarded to the representatives of APSYS Poland.

People in move

Recruitments, promotions and appointments…

“Remodeling, Remerchandising, and Remarketing”

Since VIA Outlets acquired Landquart Fashion Outlet five years ago, the occupancy rate has risen to a strong 96 percent. Center Director Mathias Bommer explains the measures that have led to this development.

Small Country, Saturated Market

The Swiss have a relatively large number of designer outlets at their disposal. A project that has recently been abandoned for good does nothing to alter the situation.

A new shopping destination in northern Spain

Recently La Torre Outlet Zaragoza was opened. This venture a joint project of Pikolin Group and GPA, managed by ROS Retail Outlet Shopping. The scheme’s concept of an open-air shopping destination complies with all the current safety measures.

Rethink and Reshape Retail Space

Multi is currently carrying out several refurbishment projects within its portfolio, all of which center around the creation of spaces that are integral parts of their respective communities.

Christmas 2020 Lies Ahead

As shopping centers and retail spaces experiment with the so-called “new normal” following months of closures, restrictions, and cancelled events, we should not forget that “the most wonderful time of the year” still lies ahead of us, and it deserves to be celebrated in style.

Yet another hurdle cleared

Modern retail stock in Romania will exceed the 4 million sq m threshold by the end of the year. Several openings were postponed due to Covid-19.

New senior hires at Scotch Corner Designer Village

The senior management of Scotch Corner Designer Village has been strengthened with two highly experienced appointments that will further strengthen the project team for the outlet and leisure destination, headed up by developer, Scotch Corner Richmond LLP.