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Search Results for: real estate – Page 57

Five propositions regarding the potential of sustainable retail Parks in Germany

Retail parks and hybrids have weathered the storm of the crisis relatively well due to their high proportion of local supply. Nevertheless, in the vortex of the coronavirus crisis, the issue of sustainability seems to have fallen by the wayside in many cases. That picture, however, is deceptive. The necessary (re)alignment of retail parks and other agglomerated retail real estate properties makes it necessary for ESG criteria (environment, social, governance) to be taken into account. The following “Top 5 Lessons Learned” were taken from a recent publication on retail parks in Germany*.

VIA Outlets and NEINVER awarded 5 star rating in 2020 GRESB benchmark

Both, VIA Outlets and Neinver have been awarded a 5 Star Rating in the 2020 GRESB Real Estate Assessment. The highest GRESB score available, it is a recognition for being an industry leader of sustainability and represents entities placed in the top 20 percent of the benchmark.

Czech Republic: Reopening of shopping centres

The great majority of shopping centres should reopen on Thursday 3 December. The footfall and revenue figures show that customers have not given up on visiting shopping centres in the long-term perspective or changed their shopping habits dramatically. Following the reopening after the first wave of the corona crisis, both performance indicators grew again, and revenue even exceeded last year’s figures in a year-on-year comparison. The impact on footfall and turnover was lower in the second wave, with footfall slightly growing in recent weeks. Considering that Christmas is coming, we can expect customers to return to shopping centres quickly as soon as they are allowed to, resulting in an exceptional increase in footfall and revenue.

People in move

Recruitments, promotions and appointments…

Credit: KaDeWe

SIGNA joins united nations global compact

SIGNA Prime and SIGNA Development are becoming participants of the UNGC. +++ Commitment to the UNGC’s model of sustainable development and ten universal principles.

Denis Sokolov appointed as Chair of ULI Russia

The Urban Land Institute (ULI) has announced the appointment of Denis Sokolov, Partner and Head of Research and Insight at Cushman & Wakefield, as Chair of ULI Russia – one of 14 European National Councils.

Tenants Want Flexibility

Shopping Centers in the Baltics amid Covid-19: Visitor Footfall Is Down, Though More Is Being Spent per Visit.

Supernova Celebrates in the Slovenian Capital

Following an investment in the amount of 70 million euros, Supernova Ljubljana Rudnik has entered a new phase of development, becoming one of the largest shopping centers in Slovenia. The completion of all work is scheduled for the second quarter of 2022.

Expanding the Boundaries of “PropTech”

PROPTECH COLUMN | “As digital consumer databases typically reach between 10% and 50% of unique annual physical visitors and beyond, each shopping center would have as strong a value proposition vis-à-vis tenants in the digital space as those with physical stores.” | By Peter Tonstad

Fostering retail property in the “New” EU Member States

“It would have been naive to think that, somehow, the Eastern countries could have transitioned from communism to laid back consumerism without going through the small versus big Kulturkampf that we have all experienced.” | By Michael MacBrien

A new CEO for MPC Properties

Maxence Liagre is a global real estate expert with more than 20-year experience managing and leading shopping centers around the world.

VIA Outlets awarded 5 Star rating in 2020 GRESB Benchmark

VIA Outlets – Europe’s fastest growing owner-operator of premium fashion outlet destinations – has been awarded a 5 Star Rating in the 2020 GRESB Real Estate Assessment. The highest GRESB score available, it is a recognition for being an industry leader of sustainability and represents entities placed in the top 20 percent of the benchmark.

“The Future Will Be All About Technology-based Convenience”

Revitalization is absolutely essential when it comes to aligning retail locations with the “new normal”, emphasizes Christine Hager, Managing Director / Head of Shopping Center Asset Management at redos, in an interview with ACROSS.

Designer Outlet Cotswolds: The new premium outlet shopping destination opens in 2022

Work has begun on site on a major 180-acre mixed-use development set in a prime location in Gloucestershire. Led by renowned Cheltenham-based property developer Robert Hitchins, the development will feature a designer outlet and lifestyle retail destination, a flagship garden centre, much-needed homes and a range of local amenities.

Cold Kitchen

Empty food courts, declining sales figures, stricter hygiene regulations, and shortened opening hours have created problems for gastronomy operators within shopping centers. As a result, alternative interim concepts are in high demand.

Seeking Alternatives

“We remember the impact food trucks have had. Those ideas can be developed further.” | By Chris Igwe

Christine Hager is “Manager of the Year 2020”

Christine Hager (FRICS), Managing Director and Head of Shopping Center Asset Management at Hamburg’s redos Group since 2015, has received the award “Manager of the Year 2020” in the real estate industry.