February 2026

City Retail Reloaded

The Renaissance of inner-city Shopping Destinations

The year 2026 has begun under challenging circumstances. Political tensions have intensified further, and Europe finds itself navigating an increasingly complex and unfamiliar global order. In this environment, the task is clear: Europe must focus on its own strengths by building resilience, forging new partnerships, and decisively seizing emerging opportunities.

With FREY’s integration of ROS now complete, Antoine Frey, Chairman & CEO of the FREY Group, outlines how selective growth, placemaking, and sustainability will define the next chapter of Europe’s outlet sector. And his ambition to turn outlet visits into memorable commercial journeys.

Placemaking Week Europe 2026 comes to Poland this September, bringing Europe’s placemaking community together and positioning Wrocław at the center of the continent’s public space debate.

Driven by new expectations, mixed-use thinking, and a renewed focus on social value, retail is emerging again as a key force in shaping vibrant, resilient cities. Best practice examples demonstrate how thriving urban retail real estate destinations can be designed.

MIPIM returns to Cannes from March 9-13 2026. With a new director, a Nobel Prize-winning opening keynote, and a program shaped by recalibration rather than expansion.

As cities and urban retail rethink their futures in the face of e-commerce, climate goals, and changing consumer behavior, the work of Jan Gehl offers a powerful lesson: successful retail is not created by scale or spectacle, but by streets and spaces designed for people.

From luxury boulevards to reinvented high streets: Europe’s major cities are reclaiming their role as retail’s most resilient stage.

In an exclusive ACROSS interview, Roman Müller, Head of Investment Management Retail at Union Investment, explains why early revaluation, operational strength, and disciplined positioning are driving renewed institutional interest in retail real estate — and why further concentration in the European retail market is inevitable.

Strategic foresight rooted in human needs can deliver essential insights for retail and placemaking. Elisa Cecilli, Strategic Foresight Senior Associate at Portland and Perkins&Will, in conversation with ACROSS.

Julia Mitteregger, Director Shop Consult at umdasch The Store Makers, on new demands in shop design as tenants reduce scale and integrate hybrid and digital retail solutions.

Shopping malls must engage with AI-driven commerce: Artificial Intelligence will turn the shopping behavior we know today upside down — both online and offline.

Michael Hiese, Chief Real Estate Officer, Kaufland International, in an ACROSS interview on urban locations, integrated sites, and new opportunities and challenges for inner-city retail real estate operators.

Footfall, frequency, catchment areas, and optimized tenant mixes have long defined success in retail real estate. Today, that equation is expanding — shaped by proximity, everyday life, and the role retail plays in livable cities. In our multi-article cover story, we explore the renaissance of inner-city shopping destinations.

Retail real estate faces higher risk premiums and tighter capital, yet price corrections, selective financing and active management are reopening viable opportunities.

Cushman & Wakefield’s new ‘Main Streets Across the World’ report places London’s New Bond Street at the top of the global ranking – ahead of Milan’s Via Montenapoleone and New York’s Fifth Avenue. The report also confirms broad-based resurgence of Europe’s prime shopping miles.