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ACROSS

Search Results for: retail real estate development – Page 38

The Lobby in Stockholm

Developers continue to push pop-up spaces

With these spaces, they give online brands the opportunity to launch a test balloon and find their footing in stationary retail. But also car companies like Tesla and Volvo work with this retail format.

Hellinikon airport–including a shopping center

A Greek tragedy – with a happy ending?

According to the developer, Europe’s biggest urban regeneration project is about to take shape on the area of the former Hellinikon airport – including a shopping center. Implementing this project, however, is very challenging.

Liviu Tudor

New investors expected in Romania

Liviu Tudor outlines two current areas of focus for retail developments in the CEE-country: the construction of retail parks in small cities and the extension of existing commercial areas in larger cities.

Benoy’s project Vadistanbul mall, located near Belgrade Forest, north of Istanbul

PROJECTS & OPENINGS EUROPE

Benoy’s project Vadistanbul mall north of Istanbul | Galeries Lafayette Flagship Store Luxembourg | Kongahälla Shopping in Kungälv located north of Gothenburg | Belgrade Waterfront project in Serbia | ECE´s Hessen-Center in Frankfurt | The redevelopment of the Whitgift mall by the Croydon Partnership – a joint venture between Westfield and Hammerson.

Alexander Kollitsch (right) and Thomas Seikmann during their exclusive interview for ACROSS

“We are not portfolio holders”

INVESTER United Benefits is one of the most active players on the Austrian real estate market. ACROSS spoke to INVESTER co-founder Franz Alexander Kollitsch and Thomas Seikmann, managing director of the company’s own center management company Ekazent, about the company’s retail activities.

Millennials as a Driver

Tom McGee, President and CEO of ICSC, says new Asian malls will be tailored to meet the needs of the younger generation. Existing shopping centers in Europe and the US are changing accordingly.

“We don’t want to rush with the leasing”

Belgrade’s Ada Mall will open its doors at the end of 2018. In an interview with ACROSS, Arn Willems, Managing Director Croatia at GTC, responsible for overseeing the leasing of Ada Mall, explains the relevance of the optimal tenant mix.

PROJECTS & OPENINGS EUROPE

Bispevika in Norway, Eperia in Slovakia, Loom and Wilmersdorfer Arcaden in Germany, Vialia and Palmas Altas in Spain, CityLife Shopping District in Italy, Meadowhall in the United Kingdom.

€335 MILLION CREDIT AGREEMENT – ALSO FOR WESTEND CITY CENTER IN BUDAPEST

Gránit Pólus Group has signed a credit agreement of €335 million with a syndicate of Erste Group Bank, Erste Bank Hungary Zrt., UniCredit Bank Hungary Zrt., UniCredit SpA, and K&H Bank Zrt. to refinance existing loans and provide a capex credit line for WestEnd City Center in Budapest.

“We want to expand our activities”

Commerz Real is putting out feelers for new shopping centers. In an interview with ACROSS, Katharina von Schacky, Global Head of Real Estate Markets Shopping, reports that purchase prices are somewhat unrealistic.

EAT THE MALL

Dining, enjoying, relaxing, and shopping. Center operators are completely revamping their menus.

MAPIC SPECIAL: Notable Distinction

This year’s Mapic will again feature the top players in industry as they provide a glimpse at their current retail projects. ACROSS makes a foray into interesting new developments and extensions to be presented in Cannes.

Ready for Cannes

Neinver appointed Barbara Somogyiova as its new leasing director Europe at the beginning of September. In an interview with ACROSS, she revealed, among other things, that the company will present new projects and share the details of its tourism strategy at Mapic.

“We are creating places where many people meet”

IKEA Centres’ global Expansion Director, Jan Kristensson, and global Leasing Director, Carsten Heidtmann, share the importance of the company’s journey from a traditional property-driven approach to creating places where people and the planet lead our interaction with customers, tenants and communities, where retail is one of many components.

PROJECTS & OPENINGS EUROPE

Multi Netherlands has started work on the major city-center project, Bracknell’s regenerated town center has recently opened for business, Atrium Poland Real Estate Management is extending another of its Warsaw facilities, Pro Kapital Grupp is continuing its work on bringing the T1 Mall in Tallinn to fruition, The Dorotheen Quartier (DOQU) in Stuttgart, Germany opened its doors on May 30, Delta Real Estate has finalized its acquisition of a shopping mall in Varna, Bulgaria, City Center Amstetten (CCA) in Lower Austria recently celebrated its opening, and GTC’s Galeria Północna in Białołęka in Warsaw officially opened on September 14.

City Report Berlin – the place to shop

“Berlin is poor, but sexy.” That’s how Klaus Wowereit, then-mayor of Berlin, characterized the German federal capital in 2003. This mainly referred to the city’s massive debt, which then amounted to around €50 billion.

Are Malls in Germany also Facing Death?

The retail trade is in a state of massive upheaval. The creative destruction unleashed by online commerce has brought in the next stage of evolution. What does this mean for commercial real estate?

A South African in CEE

An example: Hystead recently purchased “The Mall” in Sofia, one of the largest shopping centers in Bulgaria.

CEO PERSPECTIVES 2025 – When the Tenant Thrives, the Asset Flies
What will it take in 2025 for an asset to take off? For this special, 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.
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