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Search Results for: retail property – Page 28

„Cost efficiency and transparency“ – according to Markus Schmut, these are the two big “drivers”, especially for the retail real estate industry in the coming year. We have spoken with Markus Schmut, the managing director of Fairmoney. Using a shopping center as an example of a case study, he shows us what is possible with efficient fixed cost management.

Rioja Estates has announced that 30 percent of the space being brought forward by the forthcoming Grantham Designer Outlet Village is now committed with 22 percent in legals. This places the East Midlands outlet center in a position ahead of the planned start on-site in the first quarter of 2023.

Congratulations to all MAPIC Awards winners, who were honoured for their excellence, innovation, and creativity in the retail real estate sector.

As of January 1, 2023, the Austrian SPAR Group will reorganize the management of its international shopping center division SES: The current COO Christoph Andexlinger will take over as CEO. He will be assisted by Johannes Köth and Alexander Eck, who have been newly appointed to the management board. All positions will thus be filled internally with long-standing managers. The previous Chairman, Johann Felser, will retire at the end of 2022.

The Commercial real estate industry is showing its most optimistic face. The 2022 edition of the French commercial real estate show MAPIC is focusing on the retail sector’s transformation.

The role of shopping center events has changed: So-called “community events” have become increasingly common. They often replace traditional event formats that have dominated the center event scene for many years. André Stromeyer, Managing Director at HBB, and Anita Stampfl, Special Projects Manager at HBB discuss why the situation is the way it is, where the advantages and challenges lie, and why this fact does not make center marketing any easier.

Chainels, the tenant experience platform, has launched in two travel hubs across Europe, leveraging its retail expertise to expand into a new sector. Utrecht train station, run by NS Stations Retailbedrijf a subsidiary of the Dutch national rail company Nederlandse Spoorwegen (NS), and Vienna International Airport will both use Chainels’ digital platform to improve communication with retailers and service providers.

Grosvenor announces the appointment of Chris Jukes as Director of Liverpool ONE, succeeding Alison Clegg who is retiring after leading the destination for 15 years.

MYLLY Shopping center was awarded SHORE certification GOLD-level Outstanding becoming the best in Finland, and continues building trust with its tenants and visitors.

Climate-neutral real estate and long-term value retention: How can high-footfall properties such as shopping centers be operated in a climate-neutral manner in the future? What steps need to be taken in order to achieve that goal, and how much will it cost? ECE has developed a customized Energetic Renovation Roadmap for that particular asset class to help answer such questions.

When it comes to future-oriented topics such as mixed use, formerly separate asset classes with very divergent ways of working are becoming increasingly blurred. As exemplified by the corporate policy of mixed-use specialist Art Invest, defined goals, a new management approach, clearly regulated internal communication, and a great deal of mutual trust are required.

At a time of record high inflation and rising interest rates, consumers are expected to spend less on virtually everything for the foreseeable future. Naturally, companies are focused on operational efficiency and cost cutting. Both investment and innovation are often deferred or postponed.

Multi Corporation celebrates its 40th anniversary with an additional €1.3 billion worth of new assets under management in the last twelve months. The bulk of the additional management contracts relate to retail assets, whilst the new assignments also comprise of other asset classes such as offices and hotels. Multi now has over €5 billion of AUM.