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Clearly weakened indicators of investment

BNP Parisbas Real Estate recently published “At a glance: UK shopping center & out of town retail market, December 2016.” One of the headlines is that investment volumes fell by around a third compared to 2015 for both the retail warehousing and shopping center markets.

Projects & Openings International

Designed by Chapman Taylor’s Madrid studio, Mall of Qatar has officially opened its doors to the public after its soft opening on December 10, 2016.

Slight Fall in the Pace of Expansion

According to the recent study “Expansion Trends 2016” by EHI and the Hahn Group, diminishing turnover and declining footfall is putting retailers under pressure.

EATING IN A POST BREXIT WORLD

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.

Hungary surges ahead

Over the past 18 months, the Hungarian property market has seen one of the most successful and dynamic expansions of any country in CEE, with Budapest identified as having the highest rate of return in the entire region.

Retail Asset Management as a Holistic Approach

According to Stephan Austrup, Head of Retail in Germany at TH Real Estate, omni-channeling and digitalization are key drivers of change. In all acquisitions and in business plans for existing portfolios, he therefore considers the impact of this change on retail formats, retailers’ required floor plans, and whether the property provides the necessary layout flexibility.

NEINVER enters the Czech market – Partnered with The Prague Outlet

Neinver is continuing its growth in Europe by entering the Czech market, the eighth country in which the company has a presence. The company has partnered with The Prague Outlet to forge a joint venture launching Prague The Style Outlets, the first premium outlet center in the Czech Republic.

MAPIC 2016

The Most Exciting Retail Real Estate Projects.

Projects & Openings Europe

Cheshire West and Chester Council recently unanimously accepted plans to develop the Northgate area of the city center for a retail-led, mixed-use development.

Projects & Openings International

Vicinity Centres and Perron Group have welcomed the approvals from the Metro Central Development Assessment Panel and the City of Bayswater of the redevelopment of Galleria at Morley.

ENTERING A NEW GENERATION

Neinver is currently the only outlet operator offering an omni-channel B2B2C business model.

Service and Information Needs in Retail Parks

From May to June 2016, facility management employees in 11 German retail parks recorded what concerns visitors, store employees, and suppliers had for them. Here are the results and the conclusions facility service supplier Wisag draws from them.

Radical Simplification

Bayerische Versorgungskammer acquired the Stafa Tower last June. Immediately prior to the transaction, BEHF Corporate Architects refurbished and modernized the 100-year-old Viennese building.

BREXIT

How the United Kingdom’s exit from the European Union will affect the British shopping center industry.

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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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