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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

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.

credit: Nepi

NEPI ROCKCASTLE SHOWCASES SHINING POTENTIAL OF ROARING BULGARIAN RETAIL MARKET AT RETAILERS DAY IN SOFIA

Bulgaria’s high-performing retail market was highlighted at NEPI Rockcastle’s third Retailers Day held recently in Sofia. More than 150 representatives from leading international retailers and industry partners gathered for a full day of insightful presentations on the Group’s new greenfield shopping centre project to be developed in the city of Plovdiv, international retail trends and global macroeconomic perspectives.

credit: Redevco

THE EVOLVING RETAIL LANDSCAPE: NAVIGATING POLARIZATION THROUGH WELLBEING, SUSTAINABILITY, AND COMMUNITY

The retail landscape is undergoing a dramatic shift, influenced by the increasing demand for health, well-being, and sustainability from both tenants and the wider community, alongside the growing polarization of the market. The most successful retail transformations are those that adapt to these dual forces by prioritizing the creation of healthy and sustainable environments, catering to a range of tenant and community needs. This necessitates a thorough understanding of their intricate interplay and a proactive approach to development and asset management.

Marek Noetzel, COO of NEPI Rockcastle (left), Promenada Mall, Romania (right). /// credit: NEPI Rockcastle

MAJOR EXTENSION OF BUCHAREST’S PROMENADA MALL – A BIG VOTE OF CONFIDENCE IN THE CEE ECONOMIES AND RETAIL MARKETS

NEPI Rockcastle is investing around 300 million euros in a 55,000 sq m GLA mixed-use (retail, offices, hotel) extension of the Promenada Mall in Bucharest and refurbishment of the existing shopping center. This represents by far the largest retail development currently underway across all Central and Eastern European markets and is on schedule to be completed by the end of 2026/early-2027.

credit: Airport World

FIVE TRAVEL RETAIL TRENDS SHAPING TOMORROW’S AIRPORTS

By 2035, Gen Y will account for the largest share of global spending on air travel, which is why travel retail must do everything it can to remain relevant to this target group. Millennials’ demand for experiences is also shaping their purchasing and travel behavior, forcing retailers to rethink their store design and marketing strategies. Together with the subsequent Gen Z – whose values are guided by topics such as digitalization, authenticity and sustainability – these generations are not only influencing retail in general, but also the concept of the airport of tomorrow.

Left-to-right: Castel Guelfo The Style Outlets in Bologna, Italy, and José María Escobar the Technical Director at NEINVER. /// credit: NEINVER

REVITALIZING RETAIL: NEINVER’S COMMITMENT TO MODERNIZING OUTLET CENTERS

Outlet centers are evolving to enhance customer experience, with renovations playing a key role in transforming shopping into a social experience. NEINVER, a leading outlet developer, investor, and operator, is actively advancing its plan to modernize the portfolio with refurbishments completed or underway across its Spanish and Italian portfolio. ACROSS spoke with José María Escobar, NEINVER’s Technical Director, to learn more about the latest and upcoming renovation projects.

credit: Forever 21

Fashion Retailer Forever 21 Slides Into Bankruptcy

US fashion retailer Forever 21’s operating company, F21 OpCo, has filed for bankruptcy for the second time in six years, citing weak footfall at physical locations and harsh online competition from fast fashion retailers.

credit: ACROSS, Storefront

Storefront — The World’s Largest Marketplace For Short-Term Retail Spaces

Pop-up shops are more than just a trend; they are a valuable business opportunity and here to stay. Without having to commit to a long-term commercial lease, pop-up stores promote brands, concepts, services or products in a short period of time. Building on this idea, Storefront, a sharing-economy company, provides short-term retail spaces for rent to companies through an online platform, used specifically as pop-up retail locations.

“RETAIL REAL ESTATE WILL REMAIN A SIGNIFICANT PORTFOLIO COMPONENT OF FINANCIAL INVESTORS”

Retail real estate is back on the menu and continues to qualify as a significant portfolio component in the portfolios of institutional real estate investors, says Steffen Hofmann, Managing Partner at ambas. Even very large assets have proven eligible for transactions in the challenging investment market environment. Therefore, he is rather optimistic about the upcoming months. In this interview, he takes a look at the 2025 investment market.

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Shaping Spaces: Top Placemaking Projects of 2025
Across the globe, developers and architects are reimagining what it means to create “retail space.” The projects featured in this special edition, selected by leading industry experts, represent more than just successful developments; they are blueprints for the future of how we live, shop, and connect.
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