“Despite the significant challenges of recent years, it is clear that retail real estate is a stable and resilient asset class,” says Joanna Fisher. In an interview with ACROSS, the CEO of ECE Marketplaces talks about the opportunities of a once again dynamic market, dealing with industry changes and ESG, and her goals as the new Chairwoman of ECSP.
Luxury is more resistant than any other retail segment – especially in times of crisis. However, consumers are changing. For the new consumer generation, luxury has a new definition. Both brands as well as retailers have to adapt to this development.
Retail outlet centers, known for their brand-lead discount store formats and offers, have seen a significant leap in retail and leisure brand growth in the past year, according to a
newly-released industry report.
At EuroCIS, The Leading Trade Fair for Retail Technology, numerous companies will once again be presenting solutions and products with which retailers can shape and secure their future, true to the motto “Go beyond today”. Detailed solutions for merchandise & supply chain management, POS software and hardware, HR, robotics, security & loss prevention, cash management and pricing will be on offer.
Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.
NEINVER and Nuveen Real Estate have received the highest 5-star rating in the 2023 Global Real Estate Sustainability Benchmark for the fourth consecutive year for Neptune – a joint venture between NEINVER and Nuveen’s parent company, TIAA -, placing it in the top three in the “Southern Europe, Retail Centres” category in terms of overall ESG performance.
VIA Outlets, has achieved the highest 5-star rating in GRESB’s 2023 Real Estate Sustainability Benchmark Report for the fourth consecutive year, placing the company 7th in the “Europe, Shopping Center” category and 11th in the “Retail Europe” classification.
The retail park: a cornerstone of modern consumer culture that has long been a popular destination for shoppers seeking convenience, variety, and an all-in-one shopping experience. As technology and consumer preferences continue to evolve, the future of retail parks faces both challenges and exciting opportunities. Joseph Jarvis, Content Marketer at Chainels, explores how retail parks are likely to adapt and innovate to remain relevant in the rapidly changing retail landscape.
Europe’s third largest listed retail real estate company by portfolio size, NEPI Rockcastle, delivered a 23 percent uplift in Net Operating Income (‘NOI’) for the first six months of 2023 (‘H1 2023’) to 241 million Euro. Distributable earnings per share increased by 24.9 percent to 28.52 eurocents for H1 2023 compared to H1 2022.
According to a recent CBRE study, while emerging European e-commerce markets such as Italy and Spain have seen the pandemic trend of increased online shopping become entrenched, more established e-commerce markets such as Germany have returned to their pre-Corona growth trajectory since the pandemic subsided.
Based on the report by Grand View Research, the global retail logistics market size was valued at USD 246.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030.
Designer Outlet Luxembourg shows strong performance in both sales and visitor numbers, while enriching the shopping experience, since the takeover by ROS Retail Outlet Shopping.
NEINVER has announced double-digit growth across its entire portfolio during the first half of the year, with total brand sales reaching 690 million euros, up 15% compared to the same period in 2022.
ART Software Group announces that its Retail Advantage platform is now supporting McArthurGlen Designer Outlet Paris-Giverny, McArthurGlen’s newest shopping destination to the west of Paris, which opened on Thursday 27 April.
New research about the future of digital investments, and AI technology conducted in partnership with the WRC and several consulting firms highlights an ideal path for the industry this year.
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