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Search Results for: retail magazine – Page 23

Left: Facade of Gropius Passagen, Right: Christian Danne /// Credit: Gropius Passagen

Leadership Change at Gropius Passagen in Berlin, Germany

A new chapter begins for Gropius Passagen in Berlin-Neukölln. With the appointment of Christian Danne as Center Manager, one of the city’s top retail destinations is setting a fresh strategic course. Covering around 94,000 square meters of retail space, featuring over 150 stores, and welcoming roughly ten million visitors a year, Gropius Passagen remains a key anchor of Berlin’s retail landscape.

Alexander Otto wins award at MAPIC 2025 /// Credit: ECE

ECE CEO Alexander Otto receives Lifetime Award at MAPIC 2025

A special honor for Alexander Otto, CEO of the ECE Group: at this year’s MAPIC trade fair, Otto received the MAPIC Lifetime Award as a “Pioneer of Places” in recognition of his exceptional achievements and outstanding contribution to shaping and advancing the shopping center industry over the past three decades.

Westfield London /// Credit: Richard Hanson

Westfield London and Westfield Hamburg-Überseequartier win awards at MAPIC 2025

Unibail-Rodamco-Westfield (URW) has been awarded two times at MAPIC 2025, Europe’s most prestigious retail real estate show, held each year in Cannes, France. Westfield Hamburg-Überseequartier won Best Urban Regeneration Project and Westfield London was named the Most Influential Retail Property Project of the past 30 years.

Credit: NEINVER

NEINVER unveils redesigned Alpes The Style Outlets France at MAPIC

At MAPIC 2025, NEINVER unveils a major evolution of Alpes The Style Outlets – its second outlet in France – redesigned to be more sustainable and to deliver a higher-quality experience for visitors and brand partners. The Spanish multinational, with three decades of European outlet expertise, also shares updates on its refurbishment and extension programme, which is accelerating across the portfolio.

Left: Magnolia Park in Wrocław, Poland, Right: Marek Noetzel /// Credit: NEPI Rockcastle

NEPI ROCKCASTLE: “A STRONG GERMANY IS ESSENTIAL FOR OUR REGION”

NEPI Rockcastle is on the path to growth: Its portfolio value is over €8 billion, net operating income has risen by 12%, and occupancy rates are close to 100%. In this interview, Marek Noetzel explains how the company has achieved such results despite geopolitical uncertainties, why retail parks are thriving while mega deals are stalling, and how photovoltaic and mixed-use projects are shaping the future of retail in CEE.

Credit: Echo Investment

Echo Investment sells Libero Katowice, Poland

The largest single-asset retail transaction of the year in Poland has been finalized, as Echo Investment sells Libero shopping center to Summus Capital, an Estonian-based investment company. The value of the deal amounts to €103 million.

Credit: NEPI Rockcastle

NEPI Rockcastle to extend Promenada Mall Bucharest, Romania

The major development by NEPI Rockcastle, one of Europe’s industry leaders, is currently the CEE region’s largest retail project. The extension is underway and on schedule with an investmnet budget of approximately €300M and a grand opening planned for the first quarter of 2027.

From left to right: BIG Andrychow, BIG FASHION Novi Sad, Big Čačak /// Credit: BIG CEE

THINKING BIG: FROM THE BALKANS TO POLAND

BIG Shopping Centers Ltd. was founded in 1994 and has grown from a local property developer into a global real estate group with operations in Israel, the Balkans, and Central and Eastern Europe. Today, the company is valued at approximately €4.45 billion on the TASE and holds nearly 90% of AFI Properties Ltd., extending its reach to seven countries and more than 1.38 million sqm of leasable space. Its portfolio includes open-air shopping centers, malls, outlets, offices, and even renewable energy, with a consistent focus on creating long-term value through brand strength and operational excellence.

Image credit: MPC Properties /// Portrait credit: Miomir Milic

GREEN CONSTRUCTION, HEALTHY SPACES: MPC PROPERTIES’ SUSTAINABILITY JOURNEY

From pioneering Serbia’s first LEED-certified shopping center to installing solar plants and creating rooftop gardens, MPC Properties is setting new benchmarks in sustainable real estate. This exclusive article by Slobodan Cupać, Head of Technical Operation and Facility Management, reveals how green construction, energy efficiency, and community engagement are shaping a healthier, more resilient future.

Credit: HyperIn

FROM EXPERIENCES TO INSIGHTS, FROM INSIGHTS TO GROWTH: THE MODERNCRE ALGORITHM

Commercial advantage belongs to those who move with insight, not instinct: As much of Europe’s real estate market cools, the Nordics are bucking the trend, driving growth not through location alone, but by redefining value around experience, insight, and resilience. A new framework, the “Modern CRE Algorithm”, shows how smartly designed tenant experiences and data-driven intelligence are turning properties into thriving ecosystems.

Credit /// Left: ambas; Right: Union Investment

M&A, EXPANSION, AND RESILIENCE: THE FORCES SHAPING EUROPE’S SHOPPING DESTINATIONS

In the retail real estate sector, bold moves are reshaping the European landscape. Recent landmark transactions, including FREY/ROS, Sonae Sierra, and Unibail-Rodamco-Westfield, signal the start of a new investment cycle. At the same time, several companies are embarking on remarkable expansion journeys, positioning themselves for long-term growth. In this interview, Steffen Hofmann, Managing Partner at ambas, explains why now is the right moment to “think big”, what drives corporate M&A strategies in retail, and how these shifts are redefining market opportunities across Europe.

CC REAL’S GASTRONOMY STRATEGY: “HANDS-ON MANAGEMENT INSTEAD OF STANDARD SOLUTIONS”

Gastronomy is no longer just a side element, but a key factor for the attractiveness and dwell time of shopping centers. At CC Real, F&B, therefore, has a permanent place in the expansion and repositioning strategy. Why culinary diversity is a matter for top management, which trends they consistently embrace, and why courage, hands-on management, and individual concepts make the difference: Those are the topics discussed by Markus Brugger, Managing Director Asset Management, and Sorin Scurtu, Executive Director Leasing. Despite their enthusiasm for gastronomy, the managers have a clear message: Well-executed gastronomy is a differentiating factor, but not a universal remedy.

Credit: Prague City Tourism

PALLADIUM Shopping Center to be acquired by Reico

Part of the Austria based Erste Group, REICO is soon to acquire PALLADIUM Prague shopping center, in Prague, Czech Republic. As of today, the value of the transaction has not been revealed, and the transaction is currently being assessed by the Office for the Protection of Competition (UOHS).