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Search Results for: retail leisure – Page 50

Gerard Groener, the new Managing Director of IKEA Centres, explains its future strategy and tells why the company is selling up to 25 retail parks in Europe.

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.

The first phase of the 230,000-sq-m mixed-use project in Kursk, Russia, opened on March 1. Phase two follows in September.

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

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

The current largest shopping center development project in Switzerland is the Mall of Switzerland in Ebikon, near Lucerne. ACROSS wanted to ask Marcel Stoffel, Managing Director of the Swiss Council of Shopping Centers (SCSC), how he views the project and what he sees as the future prospects for the Swiss shopping center industry.

There are currently 189 shopping centers in Switzerland with sales area greater than 5,000 sq m. This includes five largest railway stations and airport shopping in Zurich/Kloten. Last year, there were just 182 centers.

Liffey Valley shopping center in Dublin is growing by 22,000 sq m of net space, 1,800 parking spaces, major civic plaza, and 2,500-seat Olympic-sized indoor ice arena.

I have been watching with interest the change in fortunes of the large supermarkets, both in the UK and across Europe. Consumers have demanded “more and different” from their regular retailers and the discounters have stepped up and delivered it.

The beginning of a new year is always an exciting time. Around the world, there is a sense of starting again, having a clean slate on both a personal and professional level, and, of course, looking forward to the next 12 months.

Stable returns and consistently good economic forecasts currently make the Slovakian capital particularly attractive. Developers remain reticent when it comes to creating new space, however.

Conversion of shopping centers into communities, new blended rental models, and other topics the top players in the European shopping center industry have placed on their agendas for 2016.

The European market for retail real estate remains dynamic. The coming year will again see many malls, department stores, and retail parks open their doors. ACROSS showcases a few select projects.

Once again, Germany has come out on top as the country where brands are most eager to find outlet space, according to a report released at Mapic by ecostra. Its annual survey of mainly fashion brand manufacturers put Germany as their No. 1 destination, with 59% of all responses.

Multi has developed Forum Lviv in the eponymous western Ukrainian city under exceptionally difficult circumstances. It is 95% let.

As in past years, the top players in the industry are providing a glimpse at their current retail projects at MAPIC in 2015. ACROSS makes a foray into the most extraordinary new developments, extensions, and refurbishments to be presented in Cannes.

Nikolas Löhr and Bernd Hofer of the FREO Group explain the Mall of Switzerland’s unique selling propositions. It is scheduled to open in autumn 2017.

The UK currently has 23 sq ft of retail space per capita. Although this is half the rate found in the US, it is significantly more than in other developed countries like Canada (13 sq ft) and Australia (6.5 sq ft).