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Search Results for: retail real estate development – Page 40

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.

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.

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.

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.

“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.

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?

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

TREC Real Estate Consulting GmbH was founded in 2014 in Düsseldorf. The company focuses on investment management and commercial property-management for retail properties. What the four shareholders have in common is their professional position, their wealth of expertise as well as their joy in doing their job.

Marcus Wild, CEO of Austria’s SES Spar European Shopping Centers, tells ACROSS about the company’s 10-year anniversary and why malls have long needed to be more than mere shopping destinations.

Germany, Erlangen Arcaden | Bosnia Herzegovina, Delta Planet | Italy, ESP | Poland, Galeria Emka | Sweden, Kulan | Finland, Niity | Germany, Rhein-Galerie Ludwigshafen | United Kingdom, Rushden Lakes

Ukraine is the one of the biggest markets in Europe with 42.5 million consumers. After a steep fall in 2014/2015, the country’s economy has started a gradual recovery.

Eperia, Slovakia | Meadowhall, United Kingdom | Shopping Center on Kashirskoye Highway, Russia | Hoog Catharijne, Netherlands | Überseequartier, Germany | Tunsgate Quarter, United Kingdom | Kaufpark Eiche, Germany | Agora Budapest, Hungary

According to the French anthropologist Marc Augé, if a space can be defined as relational, historical, and concerned with identity, then it is a “place”—if not, it is a “non-place.”

A city center location is always more complicated, expensive, and time-consuming for new retail projects than an alternative on the periphery. Despite these hurdles, investors and developers have created projects across Europe that not only serve existing markets but are also catalysts for growing demand and transforming cities.

FRANCE Créteil Soleil | GERMANY Löhr-Center and PEP | ITALY Adigeo | POLAND Forum Gdańsk and Janki | RUSSIA Riviera | SERBIA Ada Mall | UNITED KINGDOM Eden Walk and The Glass Works

According to Marcin Materny, member of the management board and managing director of the retail department at Echo Investment, there is no potential for traditional shopping centers in Poland. The reason is that the time has come for focusing on spectacular projects like the company’s “Towarowa 22.”

On April 11, McArthurGlen, Europe’s leading owner, developer and manager of designer outlets, and TH Real Estate, one of the largest real estate investment managers in the world, officially opened Phase V of Designer Outlet Parndorf, taking its gross lettable area (GLA) to 36,500 sq m.