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Plans to deliver the long-awaited transformational mixed-use destination in Coventry city centre (London) have been unanimously approved by Coventry City Council. Shearer Property Group, the developer on the project, first revealed its outline plans to the wider public in June 2020, which have already secured £98m in funding from the West Midlands Combined Authority.

Multi recently published its Pan European Customer Monitor + Covid-19 Survey. For Head of Research Mariam Hussain, the most positively surprising result was that 70% of visitors surveyed indicated that shopping centers are valuable places to spend time in and will continue to be especially once the pandemic is over.

The last 12 months has seen the most catastrophic impact on the F&B sector across the globe. First into lockdown and almost certainly one of the last sectors to re-emerge from the crisis, there’s not a lot more that can be said on the devastation to businesses, employees, and guests that hasn’t already been published. But what of the future? What will the post-pandemic foodservice landscape look like?

HB Reavis has created an oasis for leisure and retail in the heart of a lively district in the Slovakian capital. The 12,000-square-meter green roof serves as a highlight.

“High streets and shopping centers will need to focus less on filling space with stock, and more on reutilizing that space for wider social and cultural needs, as well as for showrooming, fulfilment, back-of-house functions, and last-mile delivery.”

IKEA and Bershka will be new tenants in the Mall of Sofia – one of the most successful shopping malls located in the city. As a result of these agreements, GTC will lease 2,000 sq m of retail space in the centre.

Shopping centers have been facing a growing number of challenges in the last few years, with many retailers failing to adapt quickly enough to competition from online retail platforms and changing customer habits that reflect new priorities and expectations. Chapman Taylor Group Board Director Jon Hale and Prague Studio Director Filip Pokorny examine how malls in CEE must adapt so that they can flourish in the coming years.

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

Westfield last year launched ten centres in France, Sweden, Poland and Czech Republic and Westfield Mall of the Netherlands will be the eleventh in Continental Europe when it opens in March 18, 2021. The Mall is already 85% pre-let as another 21 new brands sign from Fashion, Food & Beverage and Outdoor categories join the new Westfield lifestyle destination.