Fashion City Outlet Image: Sonae Sierra
Development

Sonae Sierra and Bluehouse Project – Fashion City Outlet Opens in Greece

Since November 15, 2018, Thessaly has had its own outlet, Fashion City Outlet, in the city of Larissa in Greece.

The outlet and entertainment center opened its doors to the public – in the presence of representatives of local authorities, international and local businesses, and a large number of customers.

Fashion City Outlet is a 9-million-euro refurbishment investment, promoted by Sonae Sierra as well as real estate investment company Bluehouse, which first introduced outlets to the Greek market.

Thanos Efthymiopoulos, Managing Director of Sonae Sierra in Greece, commented: “Our new venture will benefit the economy of Thessaly in multiple ways: through an increase in the commercial offer, through the creation of jobs and income for local residents, and through the promotion of partnerships with local business professionals. We are looking forward to creating broader synergies to maximize the benefits to the local economy.”

Just a few minutes’ drive from downtown Larissa and less than an hour from Volos, Karditsa, and Trikala, Fashion City Outlet offers a fashion, electronics, and entertainment shopping experience, with easy access, 1,600 parking spaces, and a broad offering for fashion lovers, friends, and family.

In a modern space of almost 20,000 sq m, the new outlet center hosts dozens of children’s, women’s, and men’s clothing stores as well as footwear, accessories, and cosmetics stores, including famous brands and well-known chains, some of which are available in Thessaly for the first time.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Development MORE

VIA Outlets aiming to double its F&B offering

Otto Ambagtsheer, the COO of VIA Outlets, also joined the ICSC European Conference & Exhibition in the Catalan capital. In his interview with ACROSS, he talks – among other things – about the company’s current remodeling projects.

Getting closer to the customers

The paradigm shift in the retail and retail real estate industry were the key issues at this year’s ICSC European Conference in Barcelona. The industry’s big players adapt their business models to bind current and future customers even closer to stationary retail. Ingka Centres, formerly IKEA Centres, emphasizes new “meeting place” concepts in the hearts of cities as well as increased manpower.

And the 2019 European Shopping Centre Awards go to…

In Barcelona, the ICSC once again selected the most outstanding new refurbished and established shopping centers in Europe.

SUPERNOVA announces extensions and refurbishments in Croatia and Slovenia

Supernova Invest GmbH, a leading private real estate company with a buy-and-hold investment strategy focused on high quality retail properties in Central and Eastern European countries, has announced the opening of the extended and refurbished Supernova Koprivnica shopping park in Croatia in mid-April 2019. Further refurbishments are planned for other Supernova retail assets in Croatia and Slovenia.

“We do not want to focus on a niche spectrum of the retail market”

Towarowa 22 is a plot of about 6.5 hectares located in the Wola district in Warsaw (Poland). The owners are EPP and Echo Investment. Hadley Dean, CEO of EPP, explains the project’s retail component.

Densification, please!

Residential buildings and hotels emerge on shopping centers. Areas of supermarkets are being used for this as well, as the retail real estate industry discovers the benefits of urban densification.