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ACROSS

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Glasgow is dominated by global brands

The Scottish city has witnessed the highest number of new restaurant openings in the United Kingdom outside London. Anne Murray, Group Manager Inward Investment at InvestGlasgow, is helping retailers to use this to counter competition from the internet.

“Special Skills in Demand”

In November 2008, immediately after the bankruptcy of the US investment bank Lehman Brothers, two Austrian investors, Thomas Seikmann and Manfred Schlager, opened Croatia’s first outlet center: Roses Designer Outlet in Zagreb. After years in a difficult market environment, they have managed to establish the retail property firmly in the market.

BREXIT

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

No Good Prospects

Brexit is no longer just a word—since June 23rd, it has been a real threat. While British exit advocates celebrate the country’s seeming newfound sovereignty, the shock is all the more severe for Brexit opponents. No wonder, since it means the wholesale redefinition of the closely linked economic relations between the UK and the EU.

“The best is yet to come”

On June 30, Bill Kistler was appointed as ICSC’s Executive Vice President and Managing Director of EMEA. In his interview with ACROSS, he talks about his goals, cooperating with the EU—and a positive future for the industry.

Creating competitive cities in the age of urbanisation

In 2009—for the first time in history—the world’s urban population exceeded its rural population. By 2030, the number of people living in cities around the world is expected to increase by one billion.

Development of Retail Parks Accelerates throughout Europe

According to a recent report by Cushman & Wakefield, the sales area of European retail parks will increase by 50% more in 2016 than in the previous year. This growth is due mainly to developments in France, Italy, and the UK.

Going global

In my last article, I talked about the need to introduce new operators into our industry, to allow the smaller operators and companies access into the world of shopping centers, and to support them as they grow.

Fashion Mecca Deluxe in the Heart of Vienna

More than 20 luxury shops, a five-star hotel, exclusive apartments, and modern office space: The “Goldenes Quartier” (“Golden Quarter”), developed by SIGNA, is in a prime city center location and casts its spell on both tourists and locals.

Shopping trend: Prepaid cards

It is important for retailers in shopping centers to offer state-of-the art payments. Payment methods and behaviors are changing. Prepaid cards are one of the shopping trends that meet the needs of modern consumers and they are becoming increasingly popular. The concept of gift cards is especially highly rated. For malls, they are a way to ensure customer loyalty by offering their own individualized gift cards. SIX Payment Services has issued its 1 millionth prepaid card and will continue to focus on them.

Projects & Openings Europe

T1 Shopping Centre is one of the most dynamic developments in the Baltics as well as of the largest mall project in Tallinn, Estonia.

Revitalized & quarterly oriented

The EHI Retail Institute recently presented the German “Shopping Center Report 2016.” It reports that only four new projects will be completed this year. Revitalizations and neighborhoods centers currently prevail.

Outlet Shopping

Why outlet center operators are increasingly seeking to emancipate themselves from the “factory” image and why large investors now also like to “shop” there.

Redefining big retail destinations

Digital technology, compelling customer experiences and the right leisure and dining opportunities lie at the heart of intu’s strategy to create the best and most relevant shopping destinations for retailers and consumers.

More Quality from a Single Source

The German facility services specialist Wisag is treading an innovative path in the shopping center segment and has been rewarded with a significant increase in new customers. It is therefore now looking to other European countries.

London ahead of Paris and Munich

According to Redevco, these are the top three most attractive European retail destinations. It is notable that soft factors continue to drive city performance.

“Poland is our main focus”

In an interview with ACROSS, Árpád Török, CEO of TriGranit, explains the company’s focus since its acquisition by TPG Real Estate.

Outlet Shopping

Why outlet center operators are increasingly seeking to emancipate themselves from the “factory” image and why large investors now also like to “shop” there.