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MAPIC Award Winners announced

Congratulations to all MAPIC Awards winners, who were honoured for their excellence, innovation, and creativity in the retail real estate sector.

“We do not talk about problems – we talk about challenges”

“Future shopping spaces need to be flexible in every aspect, to meet the people’s needs and demands”, this is according to the ACROSS Advisory Bard the greatest task for 2023. The challenges are diverse, but a strong and experienced industry is ready to address those.

Credit: SES

CHRISTOPH ANDEXLINGER BECOMES NEW CHIEF EXECUTIVE OFFICER AT SES

As of January 1, 2023, the Austrian SPAR Group will reorganize the management of its international shopping center division SES: The current COO Christoph Andexlinger will take over as CEO. He will be assisted by Johannes Köth and Alexander Eck, who have been newly appointed to the management board. All positions will thus be filled internally with long-standing managers. The previous Chairman, Johann Felser, will retire at the end of 2022.

Credit: MAPIC

MAPIC 2022 IS IN FULL SWING

The Commercial real estate industry is showing its most optimistic face. The 2022 edition of the French commercial real estate show MAPIC is focusing on the retail sector’s transformation.

Credit: Mitiska REIM

MITISKA REIM OPENS FOOD-ANCHORED RETAIL DEVELOPMENT IN KOLOBRZEG, POLAND

Mitiska REIM has announced the opening of a new retail center development in the Polish city of Kolobrzeg. Developed in joint venture with local partner Karuzela Holding and designed to achieve a “Very Good” score on the BREEAM in-use scale, this is the third retail development project opened by Mitiska REIM and Karuzela Holding in Poland this year.

credit: Kaufland

Kaufland opens in Bucharest the 1500th store in its European network

A small retailer in southern Germany has become one of Europe’s leading food retailers with major expansion plans: This week Kaufland opened in Bucharest its 1500th store – a great milestone in the Kaufland success story. Angelus Bernreuther, Head of Investor Relationship Management, looks back at Kaufland’s corporate history and explains how, starting with its solid roots, the future of the company is being shaped, especially during challenging times.

The most promising development projects

Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.

credit: ACSP

ACSP Congress: Traditional conference with a new twist

It was time, once again, in mid-November, for the annual ACSP Congress. The congress holds a valuable spot in a long tradition, yet much has changed compared to previous years: New topic, new location, new chairman, new, and younger, participants, and a new moderator.

Credit: Mitiska REIM

MITISKA REIM SCORES STRONGLY IN THE 2022 GRESB BENCHMARK

Mitiska REIM has announced that the First Retail International 2 fund (FRI 2) has been awarded a total of 3 green stars for the standing investment and development categories in the 2022 Global Real Estate Sustainability Benchmark (GRESB).

Left: Glasgow’s flagship Silverburn Shopping Center has an on-site management and operations team of 12 individuals. Credit: Silverburn. Right: Nick Hilton. Partner for Retail and Leisure at Workman. Credit: Workman

A SLICE OF THE UK RETAIL PIE OFFERS PLENTY TO CHEW ON

The prospect of getting a slice of UK retail is not without its risks, regardless of whether the bottom of the market has been hit in terms of shopping center investment. For many first-time buyers in this asset class, the time to focus on getting the basics right has come.

credit: GTC

GTC appoints Agnieszka Ciupak as new Executive Director in Poland

Starting November 2022, Agnieszka Ciupak joined GTC Poland as Executive Director. In her newly-created role, she will be responsible for all operations of the office sector, including leasing, fit-out, asset management, facility management, as well as marketing and company-wide HR.

credit. URW

WESTFIELD HAMBURG ÜBERSEEQUARTIER: CREATING A BETTER PLACE!

Better Spaces, Better Communities, and Better Together – those are the pillars upon which Unibail-Rodamco-Westfield’s sustainability strategy is based. URW is committed to playing a key role in the environmental and energy transition. As such, the company has been implementing its “Better Places 2030” sustainability strategy since 2016.

Credit: GCSP

CHRISTINE HAGER CONFIRMED AS CHAIRWOMAN OF GCSP AND NEW MANAGEMENT TEAM CONFIRMED

The general meeting of the German Council of Shopping Places, GCSP, elected a new board today. Markus Trojansky, dm Managing Director, could not be re-elected after 12 years of honorary service as a board member in accordance with the statutes and was previously bid farewell with great thanks. The members re-elected Christine Hager, Sonae Sierra Germany, as chairwoman of the board and confirmed Harald Ortner, HBB, as a member of the board. Ulrich Schmitz, ECE, was also newly elected to the board.

credit: Safe Asset Group

Mylly awarded SHORE certification GOLD-level

MYLLY Shopping center was awarded SHORE certification GOLD-level Outstanding becoming the best in Finland, and continues building trust with its tenants and visitors.