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Can residential be considered within a conversion to mixed-use?

June 15, 2020

Retail, from purpose-built shopping centers through to traditional high streets, has been facing long-term challenges, even before Covid-19. And the shift from single to multiple format offers, or mixed-use, is becoming firmly established.

IMMOFINANZ with strong 18% increase in results of operations in Q1 2020, negative valuation results due to Covid-19

May 28, 2020

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.

More courage, more creativity

May 25, 2020

Corona is rapidly changing the world of retail. Shopping centers also experience these changes. Operators and tenants are facing far-reaching changes. Especially the severely affected fashion industry will accelerate these changes.

People in move

May 20, 2020

Recruitments, promotions and appointments…

SIGNA: Construction for the revitalisation of the Alte Akademie in Munich has started

May 13, 2020

Completion with an investment volume of over 400 million euros planned by 2023.

GCSP: Sample Handbook on Hygiene and Safety Measures – Free PDF Download

May 5, 2020

Now is the time to stand together.

People on the Move

May 4, 2020

Recruitments, promotions and appointments…

“Collaboration between lessors and lessees is essential”

April 20, 2020

As an emergency measure, Immofinanz has deferred lease payments for April of retailers affected by the shutdown and postponed them until September, according to COO Dietmar Reindl.

Opening of AFI Brasov postponed

April 8, 2020

Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.

The Economic Impact of the Coronavirus Crisis

March 16, 2020

First publisher statement:

CONCEPT

March 5, 2020

Movement at Eurovea in Bratislava

February 28, 2020

The Eurovea 2 project has recently received the green light for the construction of the Eurovea expansion, Eurovea Tower – the first skyscraper in Slovakia, Riverside Residence, the Pribinova X and Pribinova Y administrative buildings, as well as an underground parking garage. The mall expansion is scheduled to open later this year.

Peter Tonstad joins Across Advisory Board

February 27, 2020

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Peter Tonstad as its new member.

Atrium: Successful asset rotation and strong operational results

February 26, 2020

Atrium European Real Estate Limited, a leading owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, reports its financial results for the year ended 31 December 2019 and the outcome of its strategy review.

Ingka Centres Acquires Kings Mall in London

February 25, 2020

Following its transformation, the scheme will be the first mixed-use object in a downtown location, anchored by an IKEA city store, in the United Kingdom.

#placemaking

February 24, 2020

The industry’s magic word that is supposed to upgrade locations and make them future-proof.

Additional 62,000 sq m for the Lithuanian capital

February 24, 2020

“Vilnius Outlet“ is scheduled to open its doors in March of next year. It was developed by the Omigos Group and built by the Mitnija construction company.

“We Intend to Expand Our Portfolio”

February 14, 2020

Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties and Member of the ACROSS Advisory Board, receives three to four purchase offers each month. He meticulously evaluates each offers.

MEC significantly expands property management business

February 12, 2020

MEC starts the new year with a mandate for eleven new property management locations.

A Better Understanding of the Customer Courtesy of Big Data

February 12, 2020

HyperIn helps tenants report their sales automatically, emphasizes CEO Markus Porvari. The figures are combined with consumer analytics from mall websites, social media, and mobile loyalty applications, then enriched by leasing contract information. This comprises fundamental data that center management needs to understand in order to increase sales.

Tommy Hilfiger signs to open its first kids outlet in the UK at London Designer Outlet

February 11, 2020

Tommy Hilfiger, one of the world’s leading designer lifestyle brands, has chosen London Designer Outlet in Wembley Park, the capital’s original outlet centre, as the place to be for its first dedicated childrenswear outlet in the UK.

Silvio Kirchmair joins Across Advisory Board

February 6, 2020

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Silvio Kirchmair as its new member.

About REBOOT 2020

January 30, 2020

Time to start over: The German Council of Shopping Places (GCSC) kicked off the new year in an unusual way with REBOOT in Berlin, an event that included many refreshing innovations as well as interesting talks and workshops. Approximately 400 participants came to the legendary KOSMOS for this occasion.

Shop below, live above

January 29, 2020

Trei Real Estate recently celebrated its first topping-out ceremony for overbuild, a single-story supermarket in Berlin. Overbuilding measures for retail properties are generally on the rise.

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