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Search Results for: retail leisure – Page 42

Fortune Favors the Brave

The retail real estate industry has faced many challenges in the decade since the crash. Most fundamental among them was a textbook case of falling demand facing rising supply.

Parndorf to Focus on Entertainment in the Future

A new food and entertainment complex has recently opened at Parndorf in Burgenland, one of the most successful outlet locations in Europe. Centerprise Group, based in Austria, was jointly responsible for the conceptual design and letting of the complex.

Year after Year …

… innovative retail real estate projects and refurbishments are unveiled at Mapic in Cannes. These are just a few examples.

Renovation of Outlet Centers

Not every development is successful in the booming outlet center market. This is particularly true if the projects were not developed by one of the Big 3 in the outlet center industry. The necessary outlet-specific expertise is underestimated by many developers who are attracted by and wish to benefit from the theoretically high leasing levels in the outlet asset class.

PROJECTS & OPENINGS EUROPE

SPAIN: Inmobiliaria Espacio has appointed UK retail and leisure agency Lunson Mitchenall to drive forward the next phase of retail and leisure leasing at Caleido in Madrid. The Torre Sevilla shopping center opened its doors to the public. | SWEDEN: Mölndal Galleria opened in the Greater Gothenburg Area. | GERMANY: After three years of renovation, Helio, with its 38,000 sq m, opened its doors in Augsburg. Ernst-August-Galerie in Hanover will be modernized, redesigned, and expanded. Prelios Immobilien Management has presented a comprehensive concept for the redesign of the Galerie Neustädter Tor in Gießen, Hesse.

PROJECTS & OPENINGS INTERNATIONAL

Mitsui Fudosan Co. announced the grand opening of Mitsui Outlet Park Taichung Port, central Taiwan’s largest outlet mall, on December 12, 2018. | Palladium in Umuarama (Brazil) will bring greater comfort, development, and leisure to a market that has the largest consumption potential in the region. | Simon Premium Outlets announced the opening of Denver Premium Outlets (USA).

SOMETHING NEW IS EMERGING IN NORTHERN BERLIN

The Märkische Viertel in northern Berlin was regarded as a model development in the 1970s. At that time, large housing estates with high-rise apartment blocks were considered to be a positive urban development program.

Outlets are Exactly in Line with the Trend of the Times

Franz A. Kollitsch, co-founder of Austrian real estate developer Invester United Benefits, speaks about the company’s latest activities and why outlet centers are the ideal complement to online shopping.

At long last – a new project in Greece

The southern European country, which is still recovering from the latest economic crises, is not exactly known for its full pipeline. However, Sonae Sierra and Bluehouse Capital recently announced the “Fashion City Outlet” in Larissa.

“Technology for the Sake of Technology Is Fruitless”

The basic concept of shopping will not significantly change, forecasts Silvio Kirchmair, CEO of umdasch The Store Makers. However, he does anticipate legal intervention. Google, Facebook, and Amazon will all be required to pay their financial obligations to the State.

ROOM FOR INNOVATION

“We love leisure” is the motto of ECE’s new placemaking strategy which is being implemented consequently at Potsdamer Platz Arkaden Berlin. Further centers will follow soon.

Centar Kaptol, Zagreb

Refurbishment with potential

At the beginning of the year, Austrian property specialist Supernova acquired Centar Kaptol in Zagreb, Croatia. BEHF Architects has been commissioned to comprehensively refurbish the center.

ECE CENTER BUDAPEST

A new mall for Budapest

An ambitious plan: ECE plans to build no less than the most modern and attractive shopping center in Hungary. The opening is scheduled to take place in 2021.