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Search Results for: retail real estate – Page 55

“Local food retailers are particularly stable in value as an investment if they are sustainable. The demand for ESG-compliant properties, which promise higher profitability in the long term, is steadily increasing”

The global clash of digitalization and the pandemic is shaping the economic development of the 20s of this century. It has also led to profound structural changes of historic proportions. The consequences for retail and its accompanying services are equally dynamic and controversial. Food purchases at brick-and-mortar stores increased by 10 percent or more across Europe in 2020 as a result of the pandemic. At the same time, purchases of consumer durables, such as clothing, home electronics, home accessories, toys, sports, and leisure items increasingly shifted from offline to online retail.

European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.

Revetas Group has shifted its entire portfolio of assets in Romania to renewable energy as a continuation of the company’s commitment to ESG practices to support the collective efforts of reducing the impact buildings have in local communities.

The expansion of the Eurovea mixed-use complex in Bratislava is progressing according to schedule. The project is being developed by J&T Real Estate, and the functional public places were executed by internationally recognized architect Beth Galí.

St James Quarter, the £1bn retail-led lifestyle district in Edinburgh, which launched its first phase in the summer, has added British fashion brand REISS to its line-up.

The Urban Land Institute (ULI) has announced the appointment of Søren Rodian Olsen, managing director of Logicenters at NREP as chair of ULI Poland. He succeeds Dorota Wysokińska-Kuzdra, senior partner at Colliers, and officially began his voluntary two-year term on 1 October 2021.

A number of shopping centers have opened their doors in Belgrade over the past few years. In June 2020, BEO, for which MPC Properties is responsible, opened its doors. Development, Technical Operations, and Innovations Director Jovana Cvetković looks back on a time of particular turbulence – not solely due to reasons relating to the pandemic.

In November 2021, the Dutch arcade game operator Gamestate will open its first branch in Germany in Westfield Centro on an area of over 700 square meters. Over 45 arcade stations will then enable visitors to prove their skills at the latest virtual arcade products or popular gaming classics. Gamestate is another highlight in the center’s leisure and entertainment segment and once again demonstrates the international appeal of the location.

How the placemaking industry emerges stronger from the pandemic. Our 10 strategies for future-proof vibrant places.