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ACROSS

Search Results for: retail property – Page 23

Palladium shopping center in Prague, Czech Republic /// © Union Investment Real Estate GmbH

Record Transaction between Union Investment and Reico Fund: Palladium Prague is Sold

Union Investment announced the profitable sales of Palladium shopping center in Prague, a landmark asset acquired for the UniImmo: Deutschland fund in 2015. The buyer is the largest real estate fund of REICO Erste Asset Management, making the transaction the largest commercial property deal ever recorded in the Czech market.

Facade of Vimbuch Center Bühl /// Credit: Redevco

Redevco acquires Vimbuch Center Bühl, Germany

One of Europe’s most significant privately owned real estate companies, Redevco is strengthening its retail real estate arm by acquiring the 10,000 sqm large Vimbuch Center in Bühl, Germany. The retail destination is now revitalized and fully leased to REWE, Penny, Rossman and 11 other tenants for long-term.

Credit: HyperIn

FROM EXPERIENCES TO INSIGHTS, FROM INSIGHTS TO GROWTH: THE MODERNCRE ALGORITHM

Commercial advantage belongs to those who move with insight, not instinct: As much of Europe’s real estate market cools, the Nordics are bucking the trend, driving growth not through location alone, but by redefining value around experience, insight, and resilience. A new framework, the “Modern CRE Algorithm”, shows how smartly designed tenant experiences and data-driven intelligence are turning properties into thriving ecosystems.

Credit: HyperIn

HOW MONETIZATION STRATEGIES ARE EVOLVING WITH TECHNOLOGY

What if your shopping center could predict which tenant would fail three months before they knew it themselves? What if empty walls and busy corridors could generate as much revenue as the stores beside them? What if finding the perfect pop-up tenant took minutes instead of months?

Credit: BALFIN Group

BALFIN GROUP: SHAPING THE FUTURE OF REAL ESTATE IN THE WESTERN BALKANS AND BEYOND

With malls, retail parks, hotels, and housing projects, BALFIN Group is setting new standards in Southeast Europe. In this interview, Vice President Csaba Toth outlines the expansion from the Balkans to Western markets and explains why digital innovation and an integrated approach make BALFIN a prime partner for investors and brands.

credit: umdasch The Store Makers

FROM DISMANTLING TO REVITALIZATION: HOW UMDASCH IS SHAPING THE FUTURE OF CONSTRUCTION THROUGH HOLISTIC INTERIOR FITTINGS

Transformation in lieu of new construction: Marco Gösling, Managing Director Business Unit Construction Solutions at umdasch The Store Makers, provides insight into the growing significance of general contracting, the challenges associated with renovating existing buildings, and why sustainability is no longer merely a trend. Projects such as the ”Kämmerei” in Düsseldorf and ”Le big TamTam” in Hamburg demonstrate how technical expertise, environmental awareness, and architectural quality go hand in hand.

credit: MEC

“IF YOU WANT TO SHAPE THE FUTURE, YOU HAVE TO UNDERSTAND THE PRACTICAL SIDE OF THINGS”

MEC’s new Business & Project Development department underscores its commitment to the future of retail real estate. Instead of pure administration, the focus is now on holistic location development – strategic, practical, and market-oriented. Head of the unit, Jörg Wege, explains how vision meets everyday business, why hands-on expertise matters, and how this drives MEC’s growth.

CEO PERSPECTIVES 2025: WHEN THE TENANT THRIVERS, THE ASSET FLIES

“When the tenant thrives, the asset survives” is an old saying in retail real estate leasing management. But survival is only the baseline – the ambition must go further. Not just to “survive” – the asset should “fly.” But what will it take in 2025 for an asset to take off? For this cover story, 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.

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.