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Search Results for: retail property – Page 22

Will Odwarka is the Founder and CEO of Heartatwork Hospitality Consulting. /// credit: ACROSS, Will Odwarka

Will’s F&B Insights: Competitive Socializing – A New Catalyst for Malls and Mixed-Use Destinations

Retail is reinventing itself – one game at a time. As the mega-multiplex era fades and streaming dominates screens, malls and mixed-use destinations are turning to competitive socializing. Mini-golf with cocktails, high-tech darts, F1 simulators, and bowling-meets-karaoke mash-ups are the new anchors of experience. More than just entertainment, these hybrid venues are reshaping consumer journeys, driving footfall, and transforming retail spaces into cultural playgrounds as Will Odwarka explains in his latest column for ACROSS.

credit: Sonae Sierra

Sonae Sierra signs agreement to acquire Unibail-Rodamco-Westfield’s German third party real estate management business

Sonae Sierra, a vertically integrated real estate company and a leading player in the European Shopping Center space, has signed an agreement with Unibail-Rodamco-Westfield to acquire its German business unit dedicated to the management of shopping centers for third parties – Unibail-Rodamco-Westfield Real Estate Management (“URW REM”). The transaction is subject to approval by the relevant competition authorities.

NEPI ROCKCASTLE ACHIEVES 12.1% GROWTH IN H1 NET OPERATING INCOME – PORTFOLIO SURPASSES €8BN FOR FIRST TIME IN COMPANY’S HISTORY

NEPI Rockcastle N.V., Europe’s third largest listed retail real estate company by portfolio value, achieved a 12.1% growth in NOI (net operating income) year-on-year in the first half (H1) of 2025 to €307 million as a result of the large acquisitions completed in 2024 and a continued improvement in the existing portfolio through active asset management, despite a challenging macroeconomic background.

credit: Kaufhaus Tyrol

Kaufhaus Tyrol in Innsbruck Sold – New Operator Takes Over Following Signa Bankruptcy

The Kaufhaus Tyrol, a prominent shopping center located on Innsbruck’s Maria-Theresien-Straße, has been sold following the bankruptcy of Signa Prime Selection AG. The newly established company KHT AcquiCo SARL has acquired the property. While the exact purchase price remains undisclosed, reports suggest the sale amounted to approximately €140 million.

Will Odwarka is the Founder and CEO of Heartatwork Hospitality Consulting. /// credit: ACROSS, Will Odwarka

Will’s F&B Insights: The Mirage of Fast-Franchising – How Underdeveloped Restaurant Concepts Damage the Industry

An increasing number of underdeveloped restaurant concepts are rushing into franchising—putting not only investors at risk but also eroding trust in the industry as a whole. In his incisive article, Will Odwarka, Founder and CEO of Dubai-based Heartatwork Hospitality Consulting, warns in his latest F&B column against the “myth of easy money” and explains how lack of concept maturity, insufficient support, and short-term thinking can backfire in the long run.

credit: Bernhard Claßen for GCSP

Christine Hager Joins Management Board of Sonae Sierra Germany

Christine Hager has been appointed to the management board of Sierra Germany GmbH with immediate effect, succeeding Jorge Morgadinho. A seasoned executive and real estate expert, Hager has been part of the leadership team since Sonae Sierra took over the property management division in 2022, and she reports directly to the executive board of Sonae Sierra in Portugal.

credit: Balfin

BALFIN Group: Shaping the Future of Real Estate in the Western Balkans and Beyond

With a dynamic mix of shopping malls, retail parks, hotels, and residential developments, BALFIN Group is setting new benchmarks for real estate in Southeast Europe. In this exclusive interview, the company’s Vice President of Real Estate Asset Management, Csaba Toth, outlines BALFIN’s growth strategy, from expanding its footprint across the Balkans to entering mature Western markets. He explains how the group is redefining retail, embracing digital innovation, and why its integrated approach makes BALFIN a one-stop gateway for international investors and retail brands eyeing this fast-growing region.

credit: Eurofund

GRADUAL CHANGE: THE NEW MID-RANGE BETWEEN LUXURY AND DISCOUNT CONCEPTS

From the rummage table to the feel-good factor: Discount concepts are no longer stigmatized, and luxury concepts are booming. That’s not to say that mid-range concepts are disappearing, but if you want to survive somewhere between the two poles, you’d better deliver. In an interview with ACROSS, Olaf Ley, CEO of Germany Retail at Eurofund, describes the most important changes in consumer behavior in recent years and provides insight into the developments concerning the Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, as well as Eurofund’s expansion plans.

credit: Johann Haas

Sonae Sierra: Tobias Lagaly Appointed as New Center Manager of EUROPA-Galerie Saarbrücken

Sonae Sierra has announced the appointment of Tobias Lagaly as the new Center Manager of EUROPA-Galerie Saarbrücken, a prominent shopping destination in the heart of the Saarland capital. The native Saarbrücken resident officially assumed his new role today, bringing with him extensive industry experience in both center management and event development.

credit: MEC

MEC Establishes New Strategic Unit to Drive Targeted Growth

With the launch of its new Business & Project Development (BPD) division, MEC is reinforcing its strategic focus and aligning even more closely with market and client needs. The new unit is set to play a central role in expanding the company’s portfolio and enhancing the development of retail real estate across Germany.

Silvio Kirchmair, CEO of umdasch The Store Makers (left), "Kämmerei" in Düsseldorf, Germany (right). /// credit: umdasch The Store Makers, Art-Invest Real Estate

REDEFINING PLACEMAKING: INSIDE THE KÄMMEREI’S VIBRANT MIXED-USE CONCEPT

In “Kämmerei”, Düsseldorf has a prime example of how retail space can be combined with other concepts in a sustainable way. The former administration building is being carefully revitalized by umdasch The Store Makers to become modern mix of office, retail, restaurant and event space.

credit: Levi Strauss

Levi Strauss To Sell Dockers To Reebok-Owner Authentic Brands Group

Levi Strauss & Co. has entered into a definive agreement with Authentic Brands Group (Authentic) to sell Dockers to Authentic for an initial transaction value of 275 million euros, with the potential to reach up to 345 million through a 70 million earnout opportunity in future years based on the performance of the Dockers business under Authentic’s ownership.

Görtz flagship store on Hamburg's Spitalerstraße

Görtz Faces Further Store Closures

Following the insolvency of Görtz Retail GmbH, several stores have to be closed, among them the 5,000 sq m flagship store in Hamburg as well, for which no interested party has been found.

Exterior design of the Ruby Hotel in Copenhagen. /// credit: ECE

ECE Introduces First Ruby Hotel To Copenhagen And Signs Long-Term Lease Agreement

ECE Work & Live is developing a “Ruby” brand hotel in Copenhagen for the first time. This is also the Ruby Group’s first location in Denmark. The announcement follows the recent signing of a long-term lease agreement between ECE as project developer and Ruby Group as operator for the planned hotel building in the Frederiksberg district in the heart of Copenhagen.

credit: McArthurGlen

Frey Accelerates Growth In And Through The Outlet Segment – also with the signing of Designer Outlet Center in Berlin

2024 was another year of solid growth for FREY with a profit from recurring operations going up by 28,1 percent and a sales growth of almost 29 percent to 191.3 million Euros. The growth of the specialist in open-air shopping centers has made this impressive growth step especially since entering the outlet market with the acquisition of ROS Retail Outlet Shopping. An important part of the expansion strategy is the signing of Designer Outlet Center in Berlin for 230 million Euros.

The rebrand to Kinexio is a mark of the transformation that Mallcomm has undergone over the last 12 years. /// credit: Kinexio

Mallcomm Unveils Dynamic Rebrand To Reflect Growth And Product Innovation

Mallcomm, has announced its completed rebrand to Kinexio, including a new name, logo and brand identity. The rebrand is a mark of the transformation that Mallcomm has undergone over the last 12 years, as the business has grown from a leading retail communications tool, to become a global enterprise software solution for commercial property management.

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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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