Search Results for: shopping center – Page 25

SevenCapital is developing North Star Village in Swindon. The Shopping & Leisure Project includes one of the United Kingdom’s largest ski and snow centers.

As of January 1, 2019, MEC METRO-ECE Center Management will take over the complete commercial and technical management of the “StadtCenter Düren”. The contract comes from Union Investment, which has held the centre in the portfolio of its open-ended public real estate fund UniImmo: Germany since January 2017.

The modern mall has changed beyond all recognition – and necessarily so. Physical malls increasingly reflect the evolving needs of consumers and the accelerating pace of contemporary life. What was fast has become faster. At every turn, technology plays a role. The retail industry has unlocked online sales channels, which complement a brick-and-mortar approach, rather than simply competing with physical stores.

Not every development is successful in the booming outlet center market. This is particularly true if the projects were not developed by one of the Big 3 in the outlet center industry. The necessary outlet-specific expertise is underestimated by many developers who are attracted by and wish to benefit from the theoretically high leasing levels in the outlet asset class.

A change in ownership has taken place at the mall in Zagreb, Croatia. Denis Cupic, Head of Asset Management, comments on the background as well as the effects on tenants and customers.

IKEA Centres and Mutschler Outlet Holding AG have recently opened the first phase of Designer Outlet Croatia in Zagreb. In addition to its commercial shops and new theme, the outlet features a number of customer services, such as center information, strollers, free Wi-Fi, gift cards, mobile chargers, baby care facilities, an exchange office, chill out zones, terraces, and a future playground area.

All through the years, commercial models in the retail sector have been evolving in alignment with changing consumer habits. It goes without saying that these consumer habits have experienced a huge transformation lately, especially due to the rapid advance of technologies and the digital era. However, I don’t believe that the boom of ecommerce will lead to the extinction of most shopping malls.

HMSHost International, the world leader in food and beverage services for travelers, opened six new food & beverage outlets at McArthurGlen Designer Outlet Roermond in April. It signed a 10-year contract with an estimated valueof over €100 million.

HMSHost International entered the outlet center market last April. In an interview with ACROSS, CEO Walter Seib explained how he creates places to be for shoppers with appetite.

Marcus Wild, CEO of Austria’s SES Spar European Shopping Centers, tells ACROSS about the company’s 10-year anniversary and why malls have long needed to be more than mere shopping destinations.

ICSC awarded four winners in categories celebrating the best in Europe’s new developments, established centres, and refurbishments/expansions. Redevco, Unibail-Rodamco, Socri Reim, and SES Spar European Shopping Centres win big at ICSC European Shopping Centre Awards 2017.

Online retail is increasingly shaking up tenant mixes in Europe’s cities. The bricks-and-mortar trade is desperately seeking innovative concepts.