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Altera Vastgoed NV announced the appointment of Maria Molenaar as the new Chair of Altera’s Supervisory Board. The General Meeting of Shareholders voted in favor of her appointment, which completes the Supervisory Board’s new line-up. The other current members are Roelie van Wijk-Russchen and Heino Vink.

Multi Corporation is appointed property and asset manager for Mall of Switzerland, effective June 1, 2022. Mall of Switzerland is a modern, four-storey shopping center with 65,000 sq m of GLA, over 80 shops, a 12-screen cinema, restaurants, leisure options, and a parking garage for 1,600 vehicles.

One year ago, the long-standing chairman of the Austrian Council of Shopping Places (ACSP), Stephan Mayer-Heinisch, announced his retirement after 21 successful years. His long-standing deputy, Christoph Andexlinger took over the function of the chairman, for which he had already been elected last year, as planned during the General Assembly.

The retail destination centre:mk Milton Keynes in the UK has been recognized for its sustainability achievements over the last 24 months with a Green World Award. The Green Apple Awards enable companies and organizations to win environmental recognition not only for themselves, but also for their countries.

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

In times of unpredictability, marketing spending is usually the first candidate for budget cuts. Marketing management in the commercial real estate sector must be highly focussed on the issues that are fundamental to the business of property owners which directly contributes to increasing their value.

This time, our recurring online event, ACROSS Retail Talks, this time, took a close look at what food anchors mean for the profitability of a location’s success, how the collaboration between the involved stakeholders works, and why flexibility is not only the key learning from the pandemic, but also the key strategy for the future.

Real estate investor Altera Vastgoed (Altera) has added Okay Fashion to the district shopping center Zwolle Zuid. Approximately 285 sq m have been leased to the women’s and men’s fashion chain for a long-term period.

Frederic Rouleau, Country Asset Manager, head of the Polish division of Multi Corporation explains in this interview how to demonstrate the value of shopping centers in investors’ portfolios.

In view of the war events in Ukraine with incomprehensible suffering for the civilian population, the retail alliance “Leben gehört ins Zentrum” (“Life belongs in the center”) together with the German Council of Shopping Places have launched a broad Ukraine donation campaign. The donations will be used for medical supplies. The campaign is launched in cooperation with the University Hospital Schleswig-Holstein.

Without a doubt, outlets are an outperforming retail format. Therefore, it is a very dynamic sector. Dominic Brady, Partner at KLM Real Estate, explains the current trends outlet operators are facing from the brands and consumers’ perspective.

By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.

13 best development projects from around the world have been honored in Cannes. The winner in the category “Best Shopping Center” is CAP300 in France. Frederiksberg Allé 41, Denmark, is the winner of the category “Best mixed-use Development”.

Even though MIPIM was only halfway through, the trade fair management is already reporting successes.