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GTC S.A. has signed a binding term sheet for the financing of construction of Ada Mall, its first retail investment in Belgrade. The agreement concluded with Banca Intesa Beograd, VUB, and PBZ (all banks of the Intesa Sanpaolo group) amounts to €64 million.

Il Centro in Milan, Bonarka City Center in Krakow, and Westfield in London stand out from the mass of European malls, says Árpád Török, CEO of TriGranit. The latter in particular because of its focus on virtual reality.

Many criteria must be fulfilled for a shopping center to function nowadays. The experts on ACROSS’s Advisory Board responded to a survey about criteria for success and named their favorite malls.

Eperia, Slovakia | Meadowhall, United Kingdom | Shopping Center on Kashirskoye Highway, Russia | Hoog Catharijne, Netherlands | Überseequartier, Germany | Tunsgate Quarter, United Kingdom | Kaufpark Eiche, Germany | Agora Budapest, Hungary

Lotte World Tower, Seoul, South Korea; Mall of Qatar, Qatar; Nicollet Mall, Minneapolis, MN, USA; BHV Marais, United Arab Emirates.

The history of counting customer frequency appears to lead to blanket Wi-Fi coverage. This makes it all the more surprising that coherent Wi-Fi strategies are still the exception rather than the rule among German retailers.

Xuzhou Suning Plaza recently opened its doors. The new shopping center reflects the growth of international retail in second- and third-tier Chinese cities.

ReTuna Återbruksgalleria, a mall specializing in second-hand goods, recently opened in the Swedish town of Ekilstuna.

Fashion brands lead the pureplay-to-omnichannel transition as the role of physical stores in the UK evolves.

While digitalization is a central topic in all economic sectors, its impact can best be observed in the retail sector.

For Marcel Kokkeel, CEO of Citycon, the future lies in the “perfect match” between commerce and communities.

According to the French anthropologist Marc Augé, if a space can be defined as relational, historical, and concerned with identity, then it is a “place”—if not, it is a “non-place.”

Sustainability has earned an important role in the retail property sector in recent years and sustainability goals are now a pillar of outlet centers’ strategies.