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Search Results for: retail project

Redevco’s Project Solar picking up pace: 28,000 solar panels installed at Belgian retail parks by the end of this year

Project Solar is gradually picking up pace. By the end of this year 28,000 solar panels will be installed to supply green power to local tenants. To reach this ambitious target, the first successful partnerships with Auto 5, Brico, C&A, Carrefour and Krëfel have already been established. Project Solar is part of Redevco’s Mission 2040, the European real estate investment manager’s commitment to making its assets under management CO2 neutral by 2040.

Credit: umdasch

EXPERIENCE TRUMPS SPACE: WHY RETAIL REAL ESTATE NOW NEEDS TO OFFER MORE THAN SQUARE METERAGE

The traditional formula of “square meters times footfall” has become less and less relevant. Silvio Kirchmair, CEO of umdasch The Store Makers, explains why retail properties today need to be places that offer experiences, partnerships, and pleasant atmospheres to survive the retail revolution. Away from pure space and toward lively, multi-functional locations – that’s how brick-and-mortar retail can make a comeback.

Credit: MK Illumination

EMOTIONAL EXPERIENCE OVER SQUARE METERS: HOW LIGHTING, IDENTITY, AND STORYTELLING MAKE RETAIL REAL ESTATE FUTURE-PROOF

In a world where square meters no longer guarantee success, Thomas Mark, President of MK Illumination Group, argues that the future of retail lies in how spaces make us feel. From safety to storytelling, light plays a pivotal role in transforming commercial real estate into places of belonging, optimism, and human connection. As retail shifts from transaction to transformation, emotionally intelligent design is becoming a strategic necessity not just to attract visitors but to inspire loyalty, community, and lasting value.

HUMA IN SANKT AUGUSTIN – A PIONEER OF THE HYBRID RETAIL CONCEPT

The huma shopping center in Sankt Augustin is a unique development in the German retail sector: An established center has been successfully combined with a fully-fledged outlet area for the first time. ACROSS spoke with Dr. Maximilian Gutsche, Managing Director of the Jost Hurler Group, and Lars Jähnichen, Managing Director of the IPH Group, about the background, implementation, and market success of this model, as well as how it could be replicated elsewhere.

credit: NEPI Rockcastle

LANDLORDS CAN DO THE HEAVY LIFTING TO HELP RETAILERS REACH THEIR CLIMATE GOALS

While Central and Eastern Europe are experiencing rapid economic growth, the energy transition is still in its infancy. NEPI Rockcastle, the region’s retail real estate leader, is taking unprecedented steps to meet nearly half of its electricity needs via solar power by 2026. With a €110 million investment program stretching from Romania to Poland, the company is not only supporting the sustainability of its tenants but is also reshaping the CEE energy landscape itself. In a sector in which climate targets often lag behind, NEPI Rockcastle is proving that green retail is not only possible but also profitable.

credit: Business Post

Are Lease Agreements in Retail Parks still triple-net?

The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of operating costs and the division of responsibilities between the parties. The latest trends in this area are reshaping the relationship between the parties, balancing the interests of investors and tenants while responding to increasing market expectations. In this article, we share our observations from the CMS team’s practice and point out the implications of these changes for the retail sector participants.

Portrait: MPC Properties

EXPERIENCE BEATS SPACE: HOW RETAIL PROPERTIES CAN ONCE AGAIN BECOME PLACES OF RELEVANCE AND COMMUNITY

In an age in which digital dominates and foot traffic is harder to attract, retail spaces are being reimagined not just as places to shop, but as platforms for experience, education, and emotional connection. In her latest piece, Pınar Yalçınkaya, CEO of MPC Properties, explores how AI, sustainability, and creative activations are helping transform shopping centers across Serbia into vibrant hubs of relevance. From beekeeper suits and dinosaur replicas to podcast stages and robots that greet you by name, MPC is proving that future-proof retail is less about space and more about meaning.

credit: iStock

Convenience set to drive Retail Winners in 2025

As the retail landscape continues to evolve, convenience is emerging as the key driver of success. Shoppers are increasingly drawn to brands that make buying products a quick and effortless experience, whether online or in-store. GlobalData’s latest research highlights which retailers are likely to gain the most in 2025

credit: Avison Young

Retail Parks Everywhere? – Polish Investment Market Report by Avison Young

Poland’s retail parks have grown from outskirts experiments in the 1990s to over 290 large hubs nationwide. Changing consumer habits and investor confidence are turning them into versatile destinations beyond just convenience shopping. Investment market report created by Avison Young allow details insights into major trends through a comprehensive analysis.

credit: umdasch The Store Makers

umdasch The Store Makers wins RLI Award for “Interior Excellence” with Harrods project “The Georgian”

The Global RLI Awards are among the most prestigious international recognitions in the field of retail and leisure – which makes the joy even greater for umdasch The Store Makers at winning this year’s award in the category Interior Excellence. The award went to The Georgian, the iconic restaurant in the world-renowned London luxury department store Harrods. It honors outstanding achievements in interior design and execution quality – underlining umdasch The Store Makers’ special expertise in high-end retail.

NIQ Geomarketing study: European retail in 2024 and 2025

The share of private consumption allocated to retail – rather than savings, services, or leisure – continues to decline across the European Union. In 2024, this trend persisted for the third consecutive year, with EU citizens spending just 32.6 percent of their disposable income in retail. Croatia recorded the highest share, with nearly every second euro spent in retail. These insights come from a new, free study published today by NIQ Geomarketing, offering a comprehensive overview of retail trends across Europe.

credit: SmartGifty

When Shopping Becomes an Experience: Smart Retail Destinations

Retail and tourism are merging, as malls transform into destinations where visitors seek experiences, not just products. From Dubai Mall to Mall of America, the world’s shopping centers are reinventing themselves with entertainment, digital services, and personalized journeys. With innovations like SmartGifty, even regional players such as BTC City Ljubljana are proving how digital gift cards, loyalty programs, and smart platforms can turn retail hubs into tourist magnets. The future of shopping is experiential, digital, and sustainable. And it’s already here.

credit: Mitja Kobal/CC Real

CC REAL: FROM A CONSTRUCTION SITE CONTAINER IN ZAGREB TO AN INTERNATIONAL PLAYER IN RETAIL REAL ESTATE

The Vienna-based company CC Real is today among the most significant, albeit so far relatively low-profile, players in the European retail real estate market. In an interview with ACROSS, founders Fabian Kaufmann and Sven Vorih, describe the journey from their beginnings in Croatia to their current expansion strategies in Europe and Australia. The discussion covers experiences in times of crisis, strategic partnerships, refurbishment successes, and the question of why CC Real still firmly believes in the future of retail.

credit: BIG CEE

BIG CEE to Open Serbia’s First Lifestyle Retail Park – BIG Čačak

BIG CEE will officially open Serbia’s first lifestyle retail park – BIG Čačak – on September 18. Covering 16,500 sq m and representing an investment of €25 million, the project introduces a diverse mix of well-known domestic and international brands, along with leisure and entertainment facilities designed for all generations.

credit: SES

New life for historic site: SES Breaks Ground on €28 Million S-PARK Varaždin Retail Development

Austria-based developer SES Spar European Shopping Centers has launched construction of its latest project in Croatia: a modern retail park on the historic former Varteks textile factory site in Varaždin. Scheduled to open in 2027, the €28 million investment will include the region’s first Interspar hypermarket, 12 shops, restaurants, and services across 11,500 square meters.

credit: MEC

MEC Leases 74,000 sq m of Retail Space in First Half of 2025

MEC, a leading specialist in the management of retail properties, remains on its growth trajectory in the first half of 2025. The company signed a total of 124 new and renewed lease agreements across its portfolio, covering approximately 74,000 sq m of retail space. A standout success story is the Halle Center Peißen, where MEC has demonstrated its comprehensive management and implementation capabilities.

credit: umdasch

Digital, local, sustainable: the new DNA of travel retail

Travel retail is an industry in transition, driven by a resurgence in travel activity, new consumer expectations, technological innovations, and a growing demand for sustainable concepts. Michael Ripfl, Sales Director for Nordics & Travel Retail at umdasch The Store Makers, provides an in-depth insight into current developments, long-term trends, and specific project examples. It becomes clear that what once began as the “sale of spirits and tobacco” has now evolved into a complex interplay of retailtainment, locality, and an innovative customer approach.

credit: Big Poland

BIG Strengthens Market Presence in Poland with Tenth Retail Park

BIG Poland has completed the acquisition of OTO Park Koszalin, adding 38,000 sq m of gross leasable area to its portfolio. With this latest deal, the company now operates ten fully commercialised retail parks across Poland, including sites in Łubna (near Warsaw), Lubin, Andrychów, Gorzów Wielkopolski, Ostróda, Myszków, Włocławek, Olsztyn, and Suwałki.

credit: NEPI Rockcastle

NEPI Rockcastle Launches Romania’s Largest Retail-Focused Solar Park to Power Green Energy Transition

NEPI Rockcastle’s renewable energy output is expected to expand to cover 48% of the electricity demand of its shopping centres and tenants in Romania, the company’s largest market, by the end of 2026 – up from 6% at the end of 2024. CEE’s largest retail real estate company is deploying a new 54.1 MW greenfield solar power park in western Romania under a €110 million programme – the biggest green energy investment for a non-energy sector corporate across the region’s markets.

CEO PERSPECTIVES 2025 – When the Tenant Thrives, the Asset Flies
What will it take in 2025 for an asset to take off? For this special, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.
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