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The portfolio consists of two prime assets, the ‘Opernplatz 2’ at the entrance gate to Frankfurt’s ‘Goethestraße’ shopping street and the ‘Beursgallery’ department store on Hoogstraat, Rotterdam’s most frequented shopping mile.

Zagreb’s city center shopping malls need to be transformed into the pseudo living rooms of the Croatian capital. Conversely, shopping centers located on the outskirts of Zagreb have to be developed into supraregional shopping and entertainment destinations.

Shopping centers have been opening up on their sides towards the outdoors for quite some time. Now they are opening up on their rooftops as well. Green and activity roofs are all the rage right now.

Green Belt and brownfield are well-known terms. The time for proper consideration of the Gray Belt has arrived. Review of the Gray Belt would give us an opportunity to re-appraise how we use our precious land – and it would give retail park owners the financial imperative to become curators of experience.

Unibail-Rodamco-Westfield’s (URW) Westfield Mall of the Netherlands will be located in the Randstad area, the economic heart of the country, which includes four of the nation’s largest cities: Amsterdam, Utrecht, The Hague, and Rotterdam +++ Ingka Centres has recently unveiled a major new park at its Mega Ekaterinburg mall in central Russia +++ Broxbourne Borough Council and Hertfordshire County Council have selected Sovereign Centros as their development partner for a £400 million mixed-use scheme at Brookfield Riverside in Cheshunt, Hertfordshire.

Global real estate services firm Cushman & Wakefield took the third spot in the 10th competition of PRCH Retail Awards, which recognised companies for their strongest contributions to the retail market development in Poland in the last decade.

Multi Corporation announces the departure of Josip Kardun as CEO, effective November 1, 2019. Josip Kardun was appointed to the Management Board in 2017 and after two and a half years at Multi wishes to step down to pursue personal business interests.

“Recent research carried out by Leisure Development Partners, in cooperation with Mapic, has shown that introducing a leisure concept into a retail space increases its footfall by up to 4 percent and the retail spend by up to 16 percent.”

Union Investment currently counts 13 retail parks in its portfolio. Henrike Waldburg, Head of Investment Management Retail, and Roman Müller, Investment Manager Retail, explain how they manage their performance.

At the beginning of October, Union Investment and ACROSS invited leading industry experts to Hamburg to discuss the present as well as the future of retail parks. The following is a brief review.