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ACROSS

Search Results for: shopping center – Page 59

Five propositions regarding the potential of sustainable retail Parks in Germany

Retail parks and hybrids have weathered the storm of the crisis relatively well due to their high proportion of local supply. Nevertheless, in the vortex of the coronavirus crisis, the issue of sustainability seems to have fallen by the wayside in many cases. That picture, however, is deceptive. The necessary (re)alignment of retail parks and other agglomerated retail real estate properties makes it necessary for ESG criteria (environment, social, governance) to be taken into account. The following “Top 5 Lessons Learned” were taken from a recent publication on retail parks in Germany*.

People in move

Recruitments, promotions and appointments…

Tenants Want Flexibility

Shopping Centers in the Baltics amid Covid-19: Visitor Footfall Is Down, Though More Is Being Spent per Visit.

Supernova Celebrates in the Slovenian Capital

Following an investment in the amount of 70 million euros, Supernova Ljubljana Rudnik has entered a new phase of development, becoming one of the largest shopping centers in Slovenia. The completion of all work is scheduled for the second quarter of 2022.

Expanding the Boundaries of “PropTech”

PROPTECH COLUMN | “As digital consumer databases typically reach between 10% and 50% of unique annual physical visitors and beyond, each shopping center would have as strong a value proposition vis-à-vis tenants in the digital space as those with physical stores.” | By Peter Tonstad

Fostering retail property in the “New” EU Member States

“It would have been naive to think that, somehow, the Eastern countries could have transitioned from communism to laid back consumerism without going through the small versus big Kulturkampf that we have all experienced.” | By Michael MacBrien

Projects & Openings International

The shopping center and management division of Abu Dhabi-based Lulu Group International, Line Investments & Property LLC, boasts a portfolio of malls through the Gulf and India. +++ TribecaCity in Mauritius continues to rise up out of the ground, with good progress being made on the scheme’s basement levels. Benoy is delivering architecture, interior design and master planning for the 150,000 sq m project. +++ The Netherlands-based design firm MVRDV has released details about Glass Mural in Detroit, USA.

Projects & Openings Europe

The opening of the largest inner-city regeneration project in Rotterdam in recent years, Forum Rotterdam, took place on September 24, 2020, with a small gathering and in full compliance with the current Covid-19 guidelines +++ Recently, the refurbishment of TresAguas has completed in the Madrid district of Alcorcón +++ Over the last few decades, Atrium Ljungberg has redeveloped Sickla, a suburb of Stockholm, from an industrial estate into a vibrant, living city district

A new CEO for MPC Properties

Maxence Liagre is a global real estate expert with more than 20-year experience managing and leading shopping centers around the world.

Love and LIGHT are in the air…

…or they will be very soon! Valentine’s Day is mere months away and this annual event is not only an important event for lovers but also the retail and leisure sectors. This celebration of love was responsible for generating a whopping one billion Euros of revenue in Germany, and in Austria, the average spend on loved ones was around EUR60 per head (sources: the German and Austrian Trade Associations).

“The Future Will Be All About Technology-based Convenience”

Revitalization is absolutely essential when it comes to aligning retail locations with the “new normal”, emphasizes Christine Hager, Managing Director / Head of Shopping Center Asset Management at redos, in an interview with ACROSS.

Cold Kitchen

Empty food courts, declining sales figures, stricter hygiene regulations, and shortened opening hours have created problems for gastronomy operators within shopping centers. As a result, alternative interim concepts are in high demand.

Christine Hager is “Manager of the Year 2020”

Christine Hager (FRICS), Managing Director and Head of Shopping Center Asset Management at Hamburg’s redos Group since 2015, has received the award “Manager of the Year 2020” in the real estate industry.

New Management Board composition at Eurocommercial

From November 1, 2020, Evert Jan van Garderen will succeed Jeremy Lewis as Chief Executive Officer of the Company following his retirement. Director and Board Member Roberto Fraticelli will succeed van Garderen as Chief Financial Officer.

Galeria Wiślanka opened

Żory is a city with over 60,000 inhabitants that has just acquired a modern shopping mall. On October 22dn this year, at 13, the first, modern shopping and entertainment center Galeria Wiślanka was officially opened.

“There will always be another Christmas”

Since the beginning of the year, Frank Pöstges-Pragal has been the Managing Director of the Hamburg-based First Christmas company, which is specialized in Christmas and holiday decorations. ACROSS talked with him about the challenges of the year 2020 and why Christmas can always provide a certain level of comfort, even in times of crisis.

“Remodeling, Remerchandising, and Remarketing”

Since VIA Outlets acquired Landquart Fashion Outlet five years ago, the occupancy rate has risen to a strong 96 percent. Center Director Mathias Bommer explains the measures that have led to this development.

CBRE Romania launches omnichannel retail and industrial services

CBRE launches a range of omnichannel services in Romania, for retailers who want a quick adjustment to the new market context by expanding industrial spaces. Omnichannel services have already been present for three years in the global CBRE network, mostly in the United States and the United Kingdom, and the Covid-19 pandemic has accelerated the synergy between retail and industrial worldwide.