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ACROSS

Search Results for: real estate – Page 88

Giles Membrey is Managing Director at Rioja Estates. /// credit: Rioja Estates

MEASURING SUCCESS IN THE OUTLET BUSINESS: “CONSUMERS WANT MORE THAN JUST GOODS”

When it comes to measuring success, outlets are undergoing a noticeable change, with a gradual shift away from traditional KPIs – such as sales per square meter – and towards a more comprehensive assessment. These days, the critical metric for success is no longer how much revenue a store generates, but how much of an “experience” it provides per square meter, explains Giles Membrey, Managing Director, Rioja Estates.

credit: Avannah van der Niet for CEE CEE CREATIVE HIGHRES

HOW POTSDAMER PLATZ ATTRACTED GLOBAL BRANDS

The secret to a thriving retail destination lies in the art of curating a unique combination of retailers set against aesthetic backdrops with a blend of loyal customers, brands, and events that consistently attract new visitors. This is no easy feat in the competitive European market. However, The Playce at Potsdamer Platz, located in central Berlin, has emerged as a place of “firsts” for the city, Germany, and Europe.

Gutterball (left) is the company’s family-orientated bowling offer, while Level X (right) combines multiple family entertainment concepts under one roof. /// credit: Lane7

LANE7: “WE ARE THE NEW SHOPPING CENTER ANCHOR”

The bowling concept is opening its first location in continental Europe with The Playce in Berlin. The British company’s appetite for expansion does not stop there. Tim Wilks, founder of the concept, explains in an interview why bowling, in particular, is a successful format, how he guarantees footfall for shopping center landlords and other tenants, and which markets and locations are on his list.

Magdalena Chachulska is Asset Management Director at NEINVER Poland. /// Images: NEINVER

FACTORY: How To Remain The Market Leader In Poland

FACTORY, the Polish outlet brand managed by NEINVER, is not only an awarded outlet brand but also a success story. ACROSS spoke with Magdalena Chachulska, Asset Management Director NEINVER Poland, about the portfolio, developments, specifics about the Polish market and what needs to be done to remain the market leader in 2024.

credit: MK Illumination, AM Experience Group.

MK Illumination Acquires AM Experience Group: A Strategic Move For Diversification And Growth In Iberia

MK Illumination, the global leader in festive decorative lighting, headquartered in Innsbruck, Austria, has announced the successful acquisition of 100% of the capital of AM Experience Group. This strategic move, finalized on January 30, represents a significant achievement for MK Illumination, positioning the company for enhanced diversification and business growth in the Iberian region.

Credit: Tessuti

TESSUTI MARKS ITS IRELAND DEBUT AT VICTORIA SQUARE

Victoria Square, the leading retail and leisure destination in Northern Ireland, is celebrating the official launch of fashion retailer Tessuti, marking its first flagship store in Ireland.

Left: Giles Membrey, Managing Director Rioja Estates. Right: At Malmö Designer Village, Rioja Estates will be investing around 5.5 million euros in landscaping. | Credit: Rioja Estates

WHAT IS THE PRICE OF SUSTAINABILITY?

Brands have long understood the importance of presenting their sustainability credentials to consumers. Along with other policies, such as those relating to bullying in the workplace and mental health, sustainability plays an important part in a brand’s identity, and rightly so.

credit: Kriz

Take Your Time@Jacques Lemans Taggenbrunn

What does a family business based in St. Veit an der Glan in Austria, roughly 20 km from Lake Wörthersee, do that has been concerned with time for over 45 years? It creates a paradise of deceleration.

TwentyTwo buys Chasse Sud retail park in France

Eurocommercial Properties NV (Eurocommercial) has sold Chasse Sud, its hypermarket anchored retail park at Chasse-sur-Rhône in France to TwentyTwo Real Estate, a European real estate investment and management firm.

Stern Center Sindelfingen wins tegut… as new tenant

One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut… is represented with around 290 supermarkets in six German states.

Westfield Centro continues strengthening its leisure and entertainment offering

In November 2021, the Dutch arcade game operator Gamestate will open its first branch in Germany in Westfield Centro on an area of over 700 square meters. Over 45 arcade stations will then enable visitors to prove their skills at the latest virtual arcade products or popular gaming classics. Gamestate is another highlight in the center’s leisure and entertainment segment and once again demonstrates the international appeal of the location.

M&S to upsize into new anchor unit at White Rose Leeds

Landsec has announced that M&S has signed to relocate into a new anchor store within White Rose Leeds, the out of town retail & leisure destination in Yorkshire. The bespoke unit includes nearly 80,000 sq ft of dedicated trading space.

CEO PERSPECTIVES 2025 – When the Tenant Thrives, the Asset Flies
What will it take in 2025 for an asset to take off? For this special, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.
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