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Technology is the main power to support RE achieving ESG goals.

Real estate (RE) is the world’s most significant store of wealth. It is more valuable than all global equities and debt securities combined, and almost four times that of global GDP. The value of all the world’s real estate reached 326.5 trillion US-Dollar in 2020.

HUGO opens at Złote Tarasy shopping center. /// credit: Cushman & Wakefield

HUGO opens its first store in Poland

Złote Tarasy shopping center has signed up a new tenant. HUGO, a brand of one of the world’s upmarket fashion companies Hugo Boss, opened its first Polish brick-and-mortar store there on Monday.

Kortumhaus in Bochum, Germany. /// credit: Holger Peters

HIH Invest Sells Kortumhaus Landmark Building in Bochum

HIH Invest Real Estate (“HIH Invest”) sold a mixed-use office and retail building from the portfolio of a closed-end institutional fund to wohninvest Holding, a company domiciled in Fellbach near Stuttgart.

Nikolaus Huter is Managing Director of Huter Invest, the investor of FOC Slovenia ///credit: Huter Invest

Outlet Center development Fashion Outlet Village Slovenia: “We see a high interest from international brands.”

Slovenia’s first Fashion Outlet Village is scheduled to open in 2024/2025. The HG Invest investor group around the Tyrolean company Huter Invest is developing it. Nikolaus Huter, Managing Director of Huter Invest, spoke to ACROSS about the development, the advantages of locations close to the border, and why more and more offline shopping locations should be converted to outlet centers.

credit: Mindspace

FLEX OFFICE SPACE AT SHOPPING CENTERS: A LIFELINE OR A LIABILITY?

Mixed-use is the order of the day for the entire placemaking industry. As a result, shopping centers have increasingly become home to coworking and flex office solutions. While the flex office market in the US shows a growth rate of 25 percent, more and more European shopping center operators are taking advantage of this fresh source of revenue.

“We want our retailers to perform to their best ability”

Dan Mason, Co-Founder and Managing Director at Realm, discusses the developments and challenges of the outlet market, the opportunities a UK-based operator sees in Europe, and how the training of a five-star hotel group can be a key to increasing sales, performance, and motivation.

credit: Atrium

Grand opening of Promenada: Convenient location, size and format attracts new customers

Modern, smart, pleasant – with these words describes Atrium the re-opened shopping center in the heart of the Praga Południe district of Warsaw, which has been attracting the latest design concepts in retail. After the completion of the second stage of redevelopment Promenada can now expand its catchment area due to its convenient location and carefully curated retail and service offer.

Ton van de Grampel, Chief Human Resources Officer at Redevco and Marrit Laning, Chief Strategy & Innovation Officer at Redevco.

REDEVCO: SOCIAL KPIs NEED TO BE BROADENED TO DEEPEN THE PARTNERSHIP WITH THE PLANET

New times and challenges lead to new official guidelines: Redevco has redefined its mission statement in order to lead the transformation of cities to ensure that they are sustainable and liveable, in line with the company’s goal of contributing to the health and well-being of people and the planet. In this joint interview, Marrit Laning, Chief Strategy & Innovation Officer, and Ton van de Grampel, Chief Human Resources Officer, discuss the key objectives and explain why social KPIs need to be added.

credit: HBB

VIKTORIA KARREE BOCHUM: CITY AND NEIGHBORHOOD IN HARMONY

A commercial district that combines several uses is being built in the middle of the German city of Bochum. HBB explains the challenges and restructuring of department stores, using this mixed-use development as an example.

credit: WISAG

FM SERVICE PROVIDER FOR RETAIL REAL ESTATE: FUTURE PARTNER FOR RETAIL

The property expert WISAG Facility Service offers specialized solutions and service packages for different market sectors. This also applies to retail real estate. WISAG deals with all the fundamental questions of the retail sector, far beyond the company’s core business. Joaquin Jimenez Zabala, who is responsible for WISAG’s business activities in the retail real estate sector, explains this and more to us.

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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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