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Search Results for: retail real estate development – Page 15

As in past years, the top players in the industry are providing a glimpse at their current retail projects at MAPIC in 2015. ACROSS makes a foray into the most extraordinary new developments, extensions, and refurbishments to be presented in Cannes.

The Ringstrassen Galerien in the heart of the Austrian capital are among the country’s top retail areas. The turnover per square meter has for years been well above the average for Austrian shopping centers. Now the site has been prescribed a comprehensive facelift. The future Opera Mall Vienna (its new marketing name) will be positioned as “The Home of Affordable Luxury.”

Unsurprisingly, project development in the country has been interrupted. But in Kiev alone, about 20 malls with around 1 million sq m of GLA are currently at various stages of completion, possibly opening in 2017-2018, according to UTG.

GfK has carried out a comprehensive analysis of the European retail scene in 32 European countries. The study examines purchasing power, the retail share of the population’s total expenditures, inflation, sales area productivity as well as changes in retail due to eCommerce, as well as a turnover prognoses for 2015. The study will appear in the forthcoming edition of ACROSS Magazine, which will be published in June.

Henrike Waldburg, Head of Investment Management Shopping Center at Union Investment Real Estate GmbH, tells ACROSS about her most recent coup, the acquisition of the shopping center “Palladium” in Prague and why acquisitions are currently easy to finance.

At the recent opening of a shopping center that I attended, one of the guests remarked: “Let’s be honest, it’s turned out beautifully, but no one here needed the center!” Conversation came to a brief stop, followed by a rapid return, owing to the joyous occasion and the presence of the owner, to the small talk that is usual at such events.

“We from HyperIn partnered with Helsinki-based retail placemaking agency Propdea Oy to contribute a more holistic approach to serve the industry decision makers.”

NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Marius Barbu as Chief Operating Officer (COO) with effect from 1st April 2026, to succeed Marek Noetzel, current COO and CEO-designate.

ECE Marketplaces is reshaping its executive leadership: Effective 1 January 2026, Jan Lorenz will join the management board of the shopping center operator. In addition, Robert Heinemann will transfer from ECE Group Services to ECE Marketplaces in his role as Managing Director.

During its meeting on December 3, Unibail-Rodamco-Westfield’s Supervisory Board appointed Kathleen Verelst as Chief Investment Officer (CIO) and a member of the URW Management Board – recommended by the Group’s Governance, Nomination and Remuneration Committee (“GNRC”). The new appointment comes into effect on January 1, 2026.

The final ACROSS Retail Talk of 2025 indicates that retail enters 2026 with sharper priorities and clearer opportunities. How resilience, recalibration, and disciplined investment are setting the tone for the year ahead.

Cushman & Wakefield’s new ‘Main Streets Across the World’ report places London’s New Bond Street at the top of the global ranking – ahead of Milan’s Via Montenapoleone and New York’s Fifth Avenue. The report also confirms broad-based resurgence of Europe’s prime shopping miles.