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Mipim: Projects Everywhere You Look

Once again, real estate developments will be presented and advertised in Cannes this year. Many of them will feature retail space. Here is an overview of this year’s event.

Entering India

Ingka Centres, formerly IKEA Centres, unveils a major new strategic vision that will see it invest €5.8 bn over the next three years – and sets off for the Indian subcontinent.

NEINVER takes over the management of Silesia Outlet in Poland

NEINVER, the leading outlet operator in Poland and Spain and a market leader in Europe, announced it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German speaking countries. NEINVER will be responsible for management, marketing and leasing.

THE NEW, INCREDIBLE CHAPTER OF NICOSIA MALL

Cyprus’s ambitious shopping, leisure, and dining development opened its doors on November 21, 2018, revealing an extraordinary space that has been designed to please.

Destination Outlet

Outlet retail has long been established across Europe, but the sector has tended to suffer from being seen as second best to its big sister, the shiny shopping center. As a long-term owner and operator of retail outlets across Europe, Resolution Property has been at the forefront of evolving this sector to capitalize on creating offers that can’t be replicated online.

About a Sophistication

Outlet centers have proved to be one of the most successful businesses in the retail market.

Parndorf to Focus on Entertainment in the Future

A new food and entertainment complex has recently opened at Parndorf in Burgenland, one of the most successful outlet locations in Europe. Centerprise Group, based in Austria, was jointly responsible for the conceptual design and letting of the complex.

PROJECTS & OPENINGS INTERNATIONAL

Mitsui Fudosan Co. announced the grand opening of Mitsui Outlet Park Taichung Port, central Taiwan’s largest outlet mall, on December 12, 2018. | Palladium in Umuarama (Brazil) will bring greater comfort, development, and leisure to a market that has the largest consumption potential in the region. | Simon Premium Outlets announced the opening of Denver Premium Outlets (USA).

Repositioning outlet retail

There’s no denying that these are challenging times for retail, with shopping center landlords having to work harder to increase footfall and convert this to spend. On paper, this is simple – make your retail assets attractive places to shop, introduce popular retail and F&B brands, and people will want to spend money there.

Outlets are Exactly in Line with the Trend of the Times

Franz A. Kollitsch, co-founder of Austrian real estate developer Invester United Benefits, speaks about the company’s latest activities and why outlet centers are the ideal complement to online shopping.

“THE HIGH STREET IS THE MALL”

After redevelopment, Redevco’s MAHÜ77 has become the first retail property in Austria to be awarded “BREEAM Excellent”.

Christof Papousek

Entertainment for outlet shoppers

In mid-March, Cineplexx opened a multiplex movie theater with five screens and over 800 seats in Parndorf, Burgenland. Immediate neighbors include McArthurGlen’s Designer Outlet Parndorf and FOP Management GmbH’s Parndorf Fashion Outlet.

Nicosia Mall

Why Nicosia Mall Is Flying High

The warm Cypriot sun is shining brightly on the Mediterranean island’s ambitious shopping, leisure, and dining development – Nicosia Mall – which will open its doors to visitors in November of this year.

Ein Surfer ist am 04.03.2017 in Taufkirchen bei MŸnchen in der Jochen Schweizer Arena auf der Surfwelle zu sehen. Am heutigen Eršffnungstag wir ein Ansturm an Besuchern erwartet, die Erlebnisse wie z.B. fliegen im Windkanal und auf einer Surfwelle erleben wollen.

Riding the wave

Indoor surfing and shopping seem to be perfectly suited to one another.

Jessica Berney, Deputy Fund Manager of Schroder UK Real Estate Fund, and Head of UK Retail Schroders

DON’T FORGET THE WORKERS

Often, the viability of a retail destination is judged by its catchment and the affluence of the local residential population.

PROJECT EXHIBITION ON THE CÔTE D’AZUR

Mipim is here again! This year, the who-is-who of the global real estate industry comes together in Cannes, France from March 13 to 16. Innovative retail properties as well as projects with retail components are presented at this trade fair–and we selected some of them here for you.

The leisure formula

In every article that I read, in every discussion that I have, and in every forum that I attend, everyone continuously repeats that the times of those traditional concrete boxes full of standardized shops are over.