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Search Results for: retail real estate – Page 45

BEO Shopping Center is a best practice example of how to create a meaningful identity for a shopping center. What used to be a ruined factory has become a real community center and an award-winning shopping destination. Nemanja Bućinac, Retail Leasing Director MPC Properties, gives a unique overview of BEO Shopping Center.

“The net to gross the proportion of tenanted space to the public realm is shifting,” states Ibrahim Ibrahim, Managing Director of Portland Design, in his discussion with Reinhard Winiwarter. Developers and asset owners of commercial spaces have no option but to rethink public spaces. But this changes everything and will require new skills to respond.

Złote Tarasy shopping center has signed up a new tenant. HUGO, a brand of one of the world’s upmarket fashion companies Hugo Boss, opened its first Polish brick-and-mortar store there on Monday.

COFRA Holding AG, Redevco’s shareholder, announced today that Neil Slater has been appointed Chief Executive Officer of Redevco, effective from October 1, 2023. Slater will join Redevco from abrdn, where he is Global Head of Real Estate and Real Assets.

HIH Invest Real Estate (“HIH Invest”) sold a mixed-use office and retail building from the portfolio of a closed-end institutional fund to wohninvest Holding, a company domiciled in Fellbach near Stuttgart.

Slovenia’s first Fashion Outlet Village is scheduled to open in 2024/2025. The HG Invest investor group around the Tyrolean company Huter Invest is developing it. Nikolaus Huter, Managing Director of Huter Invest, spoke to ACROSS about the development, the advantages of locations close to the border, and why more and more offline shopping locations should be converted to outlet centers.

“The rapid change in the world now necessitates being more than an observer and follower; it requires rapid implementation,” states Yurdaer Kahraman, FIBA CP CEO and Member of the ACROSS Advisory Board. Therefore, he values the Metaverse as an engaging way to reach a younger, digitally connected consumer audience. He shows the perspective of a company that took the metaverse path very early.

An analysis by RegioData of major European cities in terms of shopping center density yields significantly different results than the evaluations at the country level. While the highest density levels are achieved in the Scandinavian countries, the capitals in Eastern and Southeastern Europe (CEE/SEE) are ahead in the evaluation by city.

Mixed-use is the order of the day for the entire placemaking industry. As a result, shopping centers have increasingly become home to coworking and flex office solutions. While the flex office market in the US shows a growth rate of 25 percent, more and more European shopping center operators are taking advantage of this fresh source of revenue.

Modern, smart, pleasant – with these words describes Atrium the re-opened shopping center in the heart of the Praga Południe district of Warsaw, which has been attracting the latest design concepts in retail. After the completion of the second stage of redevelopment Promenada can now expand its catchment area due to its convenient location and carefully curated retail and service offer.

The new properties are located in Zambrów and Krakow. The investment total amounts to 16.4 million euros and the retail properties cover effective floor area of about 11,000 sq m.

The concept of the winning team in the First Store by ALEXA Vol. 4 retail competition will become reality at ALEXA at the end of March 2023. It is the first stationary Sellpy pop-up in a shopping center.

“We have learned to be very proactive and responsive to rapid change,” states Maxence Liagre. The CEO of MPC Properties, along with other employees from various departments, reflects on the past 15 years, the challenges facing the SEE market, and what the next decade has in store.