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Search Results for: shopping center – Page 29

Unibail-Rodamco-Westfield (URW) announces the inauguration of the newly rebranded Westfield Černý Most shopping centre in Prague, including an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded, next-generation cinema experience, the destination now spans approximately 94,100 sqm of GLA and 180 units.

A major expansion is underway at EUROPARK Salzburg, Austria’s leading shopping destination. Construction preparations began in October on the site currently occupied by the parking area between EUROPARK and the SPAR headquarters in Taxham. The new extension will be built above the existing underground garage, with structural work scheduled to start in January 2026 – all without any disruption to ongoing operations at the center.

A special honor for Alexander Otto, CEO of the ECE Group: at this year’s MAPIC trade fair, Otto received the MAPIC Lifetime Award as a “Pioneer of Places” in recognition of his exceptional achievements and outstanding contribution to shaping and advancing the shopping center industry over the past three decades.

NEPI Rockcastle is on the path to growth: Its portfolio value is over €8 billion, net operating income has risen by 12%, and occupancy rates are close to 100%. In this interview, Marek Noetzel explains how the company has achieved such results despite geopolitical uncertainties, why retail parks are thriving while mega deals are stalling, and how photovoltaic and mixed-use projects are shaping the future of retail in CEE.

The largest single-asset retail transaction of the year in Poland has been finalized, as Echo Investment sells Libero shopping center to Summus Capital, an Estonian-based investment company. The value of the deal amounts to €103 million.

BIG CEE has rapidly grown into a leading force in Southeast Europe’s retail real estate market. CEO Lev Weiss discusses the company’s journey, from its first projects in Serbia to major milestones across the Balkans, and shares his vision for future expansion and brand building in the region.

BIG Shopping Centers Ltd. was founded in 1994 and has grown from a local property developer into a global real estate group with operations in Israel, the Balkans, and Central and Eastern Europe. Today, the company is valued at approximately €4.45 billion on the TASE and holds nearly 90% of AFI Properties Ltd., extending its reach to seven countries and more than 1.38 million sqm of leasable space. Its portfolio includes open-air shopping centers, malls, outlets, offices, and even renewable energy, with a consistent focus on creating long-term value through brand strength and operational excellence.

Vienna’s Westfield Donau Zentrum is celebrating its 50th anniversary under the motto “50 Years of Future – Shaping the Shopping Experience of Tomorrow.” Austria’s largest shopping and leisure destination is not only looking back at five decades of transformation but also forward, with a clear focus on innovation, sustainability, and urban quality of life.

From pioneering Serbia’s first LEED-certified shopping center to installing solar plants and creating rooftop gardens, MPC Properties is setting new benchmarks in sustainable real estate. This exclusive article by Slobodan Cupać, Head of Technical Operation and Facility Management, reveals how green construction, energy efficiency, and community engagement are shaping a healthier, more resilient future.