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management

The Düsseldorf-based MEC now manages eight commercial sites for the investment consultancy SCP, including the Sieben Seen Center in Schwerin, Germany. /// credit: MEC

MEC Takes Over Management Of Eight Locations From The Commercial Real Estate Portfolio Of The SCP Group

MEC is significantly expanding the portfolio of commercial sites it operates. The Düsseldorf-based company has now entered into an agreement with the investment consultancy SCP Group to manage eight German commercial sites with a total rental area of approximately 130,000 sq m. With the expansion of its portfolio, MEC now operates nearly 80 commercial sites nationwide, covering over 1.7 million sq m of rental space. 

The approximately 12,500 square meters of rental space in the EKZ Abensberg offers over 70 retail, service and gastronomy outlets. /// credit: MEC

MEC Receives A New Mandate With EKZ Abensberg

MEC is further expanding its position as a retail real estate specialist and national market leader for retail parks: As of March 1st, 2024, it has taken over the operation of EKZ Abensberg.

The ZIEL shopping center in Hennigsdorf near Berlin is one of the 8 retail properties that MEC will manage on behalf of KGAL in the future. /// credit: MEC

KGAL extends and expands cooperation with MEC at eight German retail locations

MEC will continue to be responsible for the management of six retail locations in the KGAL Investment Management portfolio. In addition, the management of two further locations will be transferred to MEC. The two companies have now signed an agreement to continue and expand their existing partnership. With the management package transferred to MEC, the Düsseldorf-based retail real estate specialist operates over 130,000 sq m of lettable retail space for KGAL.

Sergio Jiménez, Marketing & IT Director at NEINVER /// credit: Neinver

Loyalty Schemes: A Win-Win For Brands And Customers

“One of the most surefire ways for management companies to optimize revenue for brands is to find ways to improve customer loyalty and to ensure both new and repeat visits,” states Sergio Jiménez, Marketing & IT Director at NEINVER.

The Remsgalerie in Schwäbisch Gmünd is one of the 25 retail properties operated by MEC without a permanent on-site center management presence. /// credit: MEC

Management of small retail properties: MEC combines remote control with local competence

MEC is optimizing its range of services for smaller retail locations. The new strategy concerns the management of retail properties without an on-site presence of center management teams. In doing so, MEC combines its operating expertise in the remote management of such properties with its nationwide organizational structure and thus short response times.

“There are opportunities in every market”

“It is all about people and opportunities”, states Cristina Santos. The Managing Director of Property Management of Sonae Sierra talked to ACROSS founder Reinhard Winiwarter about the management contract for Prishtina Mall, the company’s principles in property management and the potential of new regions.

credit. URW

WESTFIELD HAMBURG ÜBERSEEQUARTIER: CREATING A BETTER PLACE!

Better Spaces, Better Communities, and Better Together – those are the pillars upon which Unibail-Rodamco-Westfield’s sustainability strategy is based. URW is committed to playing a key role in the environmental and energy transition. As such, the company has been implementing its “Better Places 2030” sustainability strategy since 2016.

credit: ECE

“A stationary presence is key to the success of retail concepts”

Never before has the retail sector faced so many challenges at the same time – and shopping center operators alike. Joanna Fisher, CEO at ECE Marketplaces, and Steffen Friedlein, Managing Director Leasing Services at ECE Marketplaces, explain why there are still grounds for optimism, and why flexibility is key – both when setting own priorities and in relation with tenants and investors.

Ulrich Schmitz, Tobias Pickert, André Wittstock. Credit: ECE

THE ENERGETIC RENOVATION ROADMAP: MAKING SHOPPING CENTERS FIT FOR THE FUTURE

Climate-neutral real estate and long-term value retention: How can high-footfall properties such as shopping centers be operated in a climate-neutral manner in the future? What steps need to be taken in order to achieve that goal, and how much will it cost? ECE has developed a customized Energetic Renovation Roadmap for that particular asset class to help answer such questions.

Credit: Festival Place

TIME FOR SHOPPING CENTERS TO TRULY EMBRACE THEIR COMMUNITIES

As Festival Place is due to turn 20 later this year, now seems to be an opportune moment to reflect upon what defines it as a shopping center, a leisure destination, and a community amenity. Neil Churchill, Center Director of Festival Place, one of the UK’s Top 22 shopping centers, shares his view on the importance of community investment.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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