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Search Results for: retail project – Page 46

JSE-listed EPP announced the appointment of Agata Sekuła as the company’s Executive Management Team Member responsible for sales and acquisitions. Agata will join EPP from 1 March 2021 and be responsible for executing the EPP’s divestment and investment plans, with particular focus on acquiring institutional co-investors for EPP’s retail portfolio.

The company has purchased the “6X6” building in downtown San Francisco. Following a transformation, the retail destination will be anchored by IKEA and will be complemented by mixed-use offerings.

IKEA and Bershka will be new tenants in the Mall of Sofia – one of the most successful shopping malls located in the city. As a result of these agreements, GTC will lease 2,000 sq m of retail space in the centre.

Urbanization is a global mega-trend. Therefore, urban regeneration projects have become increasingly relevant. However, one has to consider quite a few things along the journey toward a successful mixed-used scheme. The most successful projects will be those that incorporates work, life, shop, play, and access to services at inner-city locations.

ECE recently opened the Cano shopping center that it has developed and realized in the city of Singen in Southern Germany after roughly two and a half years’ construction.

Shopping centers have been facing a growing number of challenges in the last few years, with many retailers failing to adapt quickly enough to competition from online retail platforms and changing customer habits that reflect new priorities and expectations. Chapman Taylor Group Board Director Jon Hale and Prague Studio Director Filip Pokorny examine how malls in CEE must adapt so that they can flourish in the coming years.

East Gate Mall in Skopje, North Macedonia, which features approximately 250 retail units, is scheduled to open its doors in fall 2021. Balfin Group Albania is responsible for the project.

Redevco has recently completed an extensive refurbishment of its C&A store in the city center of Zurich. The redevelopment has transformed it into an energy-efficient property, incorporating the clothing retailer’s latest design concept. Redevco is targeting a BREEAM In-Use Excellent sustainability rating.

European urban real estate investment manager Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.

Recruitments, promotions and appointments…

Following an investment in the amount of 70 million euros, Supernova Ljubljana Rudnik has entered a new phase of development, becoming one of the largest shopping centers in Slovenia. The completion of all work is scheduled for the second quarter of 2022.

PROPTECH COLUMN | “As digital consumer databases typically reach between 10% and 50% of unique annual physical visitors and beyond, each shopping center would have as strong a value proposition vis-à-vis tenants in the digital space as those with physical stores.” | By Peter Tonstad

Revitalization is absolutely essential when it comes to aligning retail locations with the “new normal”, emphasizes Christine Hager, Managing Director / Head of Shopping Center Asset Management at redos, in an interview with ACROSS.

The capital’s leading fashion and lifestyle outlet centre is set to re-open after the current lockdown with the addition of another brand, having signed iconic London-based accessories retailer Radley. London Designer Outlet will reinforce its reputation for quality and choice at outlet prices as it signs quality handbag retailer Radley, which designs and crafts stylish handbags and accessories, to open a 1,440 sq ft store in the centre in Wembley Park.