leisure

BALFIN Group is diving into the world of family entertainment with its latest venture, “HyperActive,” a massive gaming and entertainment hub in Kosovo. As part of its expansion strategy, the Group has acquired a 40% stake in the company, setting the stage for significant growth in the region and across Europe.

Over the past decade, the retail landscape has undergone a seismic transformation redefining the very essence of the sector. Customers’ expectations of convenience, personalization, experience, community, and sustainability have changed dramatically. The purpose of physical stores is being redefined, with goods and products taking a backseat to experiences. Today, successful retail destinations are those that cultivate connection, joy, and community.

Thanks to their diverse mix of tenants and sectors, today’s shopping centers are more than just places to go shopping: They’re experience destinations and community hubs that enjoy a great deal of popularity – as illustrated by ECE Marketplaces’ latest success figures. Entertainment concepts have increasingly become attractive complements to and additional drawing cards for the respective locations, as current ECE center portfolio examples show.

The food hall market in Europe has seen significant growth and transformation over recent years. In less than a decade, the number of European food halls has almost doubled, with the UK, France and Italy leading the pack. Despite a pandemic and cost of living crisis across the continent, landlords and operators are seeing the benefit of the flexible model for our ever-changing modern world. There’s even been some new openings since C&W released our ‘Food Halls of Europe’ report in July 2024, including Time Out Market in Barcelona and Mercato Metropolitano in Ilford, London.

The Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, has gained a new anchor tenant: leisure provider ADVENTICA. The owners of the center, Eurofund Group and Signal Capital Partners, have now signed a long-term lease for 3,300 sq m of space. The opening of ADVENTICA’s first German location is planned for the second quarter of 2025, while renovation work will begin in early October.

As part of its ambitious strategy to grow the number of sites it operates, entertainment and leisure operator, the Lane7 Group, has announced the opening of its first venue in continental Europe at The Playce, Potsdamer Platz in Berlin in September, as well as two venues opening in Dublin in the coming months. While continuing the pace of its UK expansion – with a second London venue, in Camden, opening in October – Lane7 now seeks to grow its European portfolio by some 10 venues over the next 2 years.

Fiba Commercial Properties, a leading investor in commercial real estate in Turkey, Europe, and the Far East, continues to distinguish itself with remarkable achievements. Notably, its İnegöl AVM and Downtown Bursa Life and Entertainment projects have made a significant impact, earning spots as finalists in the prestigious Global RLI Awards 2024—one of the highest honors in the retail and entertainment sector.

In recent years, leisure expenditures and household income in Austria have changed significantly. Leisure activities like dining out and entertainment have gained considerable importance in the retail and real estate sector as well.

Ten years ago almost on the day, Time Out Market Lisbon opened its doors to the public as the world’s first editorially-curated food and cultural market. It was the culmination of an idea from Time Out Lisbon’s editors to bring their ‘best of the city’ ethos to life and together under one roof: a curated mix of the best chefs, restaurateurs, drinks and cultural experiences. To date, Time Out Market Lisbon — a highlight of the first ACROSS Study Tour in 2023 — has welcomed over 35 million guests, making it one of Portugal’s most popular destinations and sparking a global foodie phenomenon with currently eight Time Out Markets around the world spread across four continents.

Following a customer-centric approach, the ‘BOLD’ strategy carried out by ROS Retail Outlet Shopping across its entire portfolio reached full potential in 2023. The operator’s average sales soared by +16.5% across the portfolio in 2023, fuelled by an enriched brand mix, a stronger shopping experience and the ability to adapt to evolving market conditions.

Despite a challenging market environment across the board, the Tyrolean lighting artists from MK Illumination were able to achieve some real highlights this year. With revenue estimated at 165 million euros, the globally active company will have had the most successful year in its history once again.

It is a complex task to ensure project profitability. There is a struggle between doing what is right and what is reasonable. As an expert in the world F&B development Will Odwarka, founder and CEO of Dubai-based firm Heartatwork Hospitality Consulting, states in his newest column: “However, in an ever-growing and competitive landscape, it is crucial to establish distinguishing factors that are recognizable and embrace them wholeheartedly.”

BWP Group has been appointed to deliver the integrated marketing remit for Frasers Plus Designer Outlet East Midlands.

This year, the ACSP Congress 2026 installed by the Austrian Council of Shopping Places (ACSP) is returning to Vienna in October, with a special focus on experiential and entertainment offerings.

Time Out Market will open its first London location in 2028, transforming a landmark building at Piccadilly Circus into the global flagship of its growing food hall portfolio. The project underlines the increasing role of food, culture and entertainment in shaping successful urban destinations.

In his new book Culture Stores, Ibrahim Ibrahim and Koral Ibrahim argue that the future of physical retail lies not in transactions, but in creating places where people connect, participate and belong.

F&B concepts that redefine placemaking — and why developers cannot ignore them anymore.

Rather than opening new locations, Cuisyn and Haus der Bäcker are preserving restaurants and bakeries without succession plans. Their acquisition model safeguards jobs, local identity, and vibrant city centers.

Homeira Amiri, co-founder of the think tank Future of the Guest Economy explores, how F&B is reshaping the value logic of shopping centers.

CC Real has taken over the management of Avenue Mall Zagreb, further expanding its shopping center management platform in Croatia and highlighting the growing importance of specialized asset and property management across Central and Southeastern Europe.

BIG Poland adds the 11,000 sqm Grodzisk Sfera Park retail park to its portfolio, marking its second asset in the Mazovia region and bringing total GLA to nearly 258,000 sqm.

Umdasch Group appoints Dr. Christian Herbinger as CEO of its store construction division, succeeding Silvio Kirchmair effective January 2027.

Transaction represents largest acquisition in Couche-Tard history and establishes controlling position in one of Europe’s leading convenience and digital retail platforms.

Lindt will open a 330-square-meter flagship boutique at Westfield Hamburg-Überseequartier in Q4 2026.

With her international expertise in procurement, private label and assortment strategy, she brings valuable input for BBE’s clients and for the company’s strategic development.

Norges Bank Investment Management and Sonae Sierra have formed a joint venture, which has signed an agreement to acquire eight shopping centers in Spain, comprising more than 250,000 sqm of gross leasable area and a gross value of approximately EUR 1.5 billion.

CACI found through its spend data that consumers are increasingly trading down from traditional restaurants in favor of coffee shops and food-to-go concepts, as ongoing cost pressures continue to shape spending habits.

CECONOMY grew nine-month sales to €18.4 billion and adjusted EBIT to €342 million, driven by online growth and a summer AC boom.

Following store projects across Germany, Roermond, and London, Schwitzke & Partner is supporting Kapten & Son’s European expansion with a new store on Amsterdam’s Kalverstraat.

Gránit Pólus Group has closed a €290 million green loan agreement to refinance the Westend complex, marking Hungary’s largest real estate refinancing transaction in five years.

CC Real secures €130 million refinancing agreement with Erste Bank Croatia for City Center one Split, strengthening the capital structure of one of Croatia’s leading retail assets.

UK retail group Frasers Group has disclosed a 4.16% exposure to British luxury brand Burberry, continuing its strategy of building strategic investments across the fashion sector.

Daniel Schwarz will take over as Managing Director of Primark in Germany and Austria effective August 1, 2026.

With the new snack bar concept imBrot – Der Sandwich Store on Vienna’s Wipplingerstraße, umdasch The Store Makers has created a brand world that puts the product front and centre without compromise.

Adventum appoints Marta Hamarowicz as Retail Leasing Manager in Poland, bringing over 20 years of retail, office and logistics experience to the role.

NEINVER has appointed Vicente Muñoz Boza as the company’s new General Manager and a member of its Board of Directors. Daniel Losantos, a NEINVER shareholder, is leaving his position as Chief Executive Officer.