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ACROSS

Search Results for: shopping center – Page 2

Paunsdorf Center, Leipzig. /// credit: Eric Kemnitz, URW

Paunsdorf Center: Construction of Germany’s largest photovoltaic system on a shopping center roof is starting

In October, the largest photovoltaic system installed on a shopping center roof in Germany will be completed at Paunsdorf Center in Leipzig. Construction work starts at the end of July. Paunsdorf Center is working closely on this project with the city of Leipzig and its cooperation partner Leipziger Stadtwerke. The project shows that the retail and leisure destination takes its responsibility as a local player seriously and is expanding and strengthening local partnerships.

credit: Multi Corporation

Multi Corporation enters France with four new shopping center management mandates

Multi Corporation has been appointed as property manager for four shopping centers in France owned by Retail Property Investments SAS (RPI). Building on an existing partnership, Multi Corporation will provide its expertise to enhance the performance and success of RPI’s portfolio. The expansion into France marks Multi Corporation’s second entry into a new country, following Switzerland, in just one year.

credit: MPC

THE SUCCESS STORY OF BEO SHOPPING CENTER: INSPIRATIONAL COMMUNITY CONCEPT

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.

credit: BIG

Powerful entrance of BIG Shopping centers Ltd. into the Polish Market

BIG game changer has arrived in Andrychów and Lubin.
BIG Andrychow and BIG Lubin are the new names of Galeria Andrychów and Cuprum Park in Lubin and the first BIG retail parks in Poland. Both retail parks have been acquired by BIG Shopping Centers Ltd in 2022 and passed through the complete rebranding process during the last month.

credit: RegioData

SHOPPING CENTER DENSITY EUROPE – CEE/SEE CITIES CLEARLY OVERSTORED

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.

credit: Mindspace

FLEX OFFICE SPACE AT SHOPPING CENTERS: A LIFELINE OR A LIABILITY?

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.

Palladium Atasehir /// credit: ECE

ECE manages two further shopping centers in Türkiye

ECE Marketplaces expands its center management portfolio and takes over the management of two further shopping centers in the Turkish metropolis Istanbul: the “Palladium Atasehir” and the “V Metroway”. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both centers.

credit: MK Illumination

Insta Boxes from MK Illumination spreading joy at Rødovre Shopping Center

The Rødovre Shopping Center in Copenhagen launched a campaign themed “WOW”, as in “BRING BACK THE WOW” and it was a great success. “WOW”, included 7 different Insta Boxes by MK Illumination placed throughout the shopping center. The design and content of the Insta Boxes are exactly matched to the surrounding of the boxes.

Major differences in the market shares of shopping centers in Europe

After the shopping center landscape generally had to endure a lot in the past years, a pretty clear résumé is according to RegioData Research finally on the table: Shopping centers are by no means a phased-out model and will continue to dominate the stationary retail sector in the medium term.

Shopping centers should adopt the successful concepts of their outlet colleagues?

“Could this be the right time for the shopping center industry to pull itself together and adopt the successful concepts of its outlet colleagues? – This question was raised at the end of the first Retail Talk in 2023. On February 15, 2023, a top-class panel discussed “Outlets – A Winning Retail Format.”

credit: Focus Estate Fund

Focus Estate Fund acquired polish shopping center Ferio Legnica

Focus Estate Fund is expanding its operations in Poland with the acquisition of the Ferio Legnica, a Shopping Centre in the city of Legnica in southwestern Poland, from Austrian Raiffeisen Bank International. The center comes with a leasable area (GLA) of approximately 13,200 sq m, including retail space of 11,965 sq m and a footfall of approximately 2 million a year.

Credit: redos

REDOS GROUP ACQUIRES MARIENDORFER DAMM SHOPPING CENTER, GERMANY

The redos Group has acquired the “Mariendorfer Damm” commercial center in Berlin’s Tempelhof district. The property was acquired as part of an asset deal for Union Investment’s special Alternative Investment Fund (AIF) called “Redos Einzelhandel Deutschland III”.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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