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Galleria Tbilisi is set to open its doors in September 2017. The shopping center is meant to coax retailers to come to Georgia.

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.

“The principle of the short-term lease offers the opportunity to prove oneself in retail stores without having to lock oneself in over years in a long-term lease.”

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.

Why outlet center operators are increasingly seeking to emancipate themselves from the “factory” image and why large investors now also like to “shop” there.

Zsar Outlet Village is taking shape in the Finnish city of Vaalimaa. The developer EFRE is working on the project with a holiday resort going up nearby.

Ringstrassen Galerien in the heart of Vienna is among Austria’s top retail areas. Now the site is undergoing a comprehensive makeover.

The ever-growing e-commerce trade is having a significant impact on bricks-and-mortar stores: Omni-channel services an integral part of store concepts, retailers continue to “trade-up” their market presence, as more and more online merchants are opening stationary shops.

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.

Hamburg-based Prelios Immobilien Management GmbH has specialized in retail properties in German city centers.

For the premium retailer, globalization has brought choice, improved opportunities, and greater influence while simultaneously creating highly competitive markets.

The Mall of America measures 390,000 sq m of total area and is home to around 520 stores. An extension with 520,000 sq m is under development.