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ACROSS

mixed-use

credit: HBB

VIKTORIA KARREE BOCHUM: CITY AND NEIGHBORHOOD IN HARMONY

A commercial district that combines several uses is being built in the middle of the German city of Bochum. HBB explains the challenges and restructuring of department stores, using this mixed-use development as an example.

credit: S. d'HALLOY / IMAGE&CO

Mipim 2023 is kicking off in the Cannes

Today the real estate fair Mipim started in Cannes. It will take place until March 17th. Organizer RX expects 23,000 participants from over 90 countries this year, which would be 15% more visitors than in 2022.

credit: BDP

“The Future is All About Reinvention”

How would one summarize the last 15 years in retail real estate? Gregory Fonseca, Director of Architecture BDP, expresses it in one word: disruptive. He takes us on an instructive journey through 15 years of retail and retail architecture.

“A Stage for Future-oriented Topics and Their Actors”

When he founded ACROSS in 2008, Reinhard Winiwarter said, “I love retail.” That same phrase now serves as his motivation in 2023. In his personal review of the past 15 years, the founder of, editor of, and provider of ideas for ACROSS emphasizes how important it is to orient oneself towards forward-looking topics in the dynamic retail real estate world. However, the key factor that determines one’s own success and that of the industry is passion for the industry.

MIPIM 2023: Best Mixed-Use Projects

Developers have increasingly turned their attention to mixed-use retail developments for their new construction projects and the redevelopment of urban areas. In the post-pandemic era, consumers are looking for diverse work, leisure, and shopping places. Mixed-use, therefore, is not a trend – it is the future of real estate. The following projects are the finalists in the mixed-use category of the MIPIM Awards.

Credit: URW

WESTFIELD CENTRO STRENGTHENS ITS FOOD & BEVERAGE PROFILE WITH BIGCHEFS

Another food & beverage offering has been added to the Westfield Centro promenade: the BigChefs restaurant brand opens its second branch in Germany and becomes one of the new flagships of the food & beverage brand mix at the location. With the new addition, Westfield Centro has achieved full occupancy for the promenade located directly at the center with around 15 dining concepts.

Credit: Hammerson

HAMMERSON SIGNS LANE7 AT THE BULLRING ESTATE, ENGLAND, FOR ITS BIGGEST INVESTMENT

Hammerson has signed Lane7, the boutique bowling concept, at the Bullring Estate, as it continues to deliver its strategy to reinvigorate its assets through new brands, entertainment, and experiential concepts. The 2,601 sq m space on Link Street will be Lane7 Group’s biggest investment to date and serve as its flagship.

Credit: GRR Group

LOCAL SUPPLIERS AS KEY TO SUSTAINABLE URBAN DEVELOPMENT: GRR REPORT SHOWS GROWING IMPORTANCE OF MIXED-USE PROPERTIES

Due to the increasing scarcity of the land and housing market, integrated locations for local supply real estate are increasingly becoming the focus of urban development. When modernizing or building new supermarkets or discount stores, there is a growing demand for “mixed-use properties”, in which local suppliers are combined with commerce, offices and apartments.

The most promising development projects

Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.

Out now: New issue “RE-THINK! – How to reassess development, invention and communication in retail real estate”

OUT NOW – LATEST ISSUE! +++ RE-THINK! – How to reassess development, invention and communication in retail real estate. The real estate industry has been in a state of change for a few years now: increasing online retail, the move to multi-channel, changing logistics requirements, a strong emphasis on entertainment, a much higher level of diversity in retail, and last but not least, the big issue of ESG. “Re-think” – is the order of the day.

Castle Mall (UK) welcomes new anchor tenant

Northern Ireland-based Lynas Food Outlet will open its doors in late Autumn, with works due to start middle of May 2022 to restructure part of the mall to facilitate the large 790 sq m store.

Hines secures new Nike store in Denmark

Hines has secured Nike at ‘The Trinity Quarter’ in Copenhagen, marking the brand’s first new store opening in Denmark since the global pandemic.

24th Retail Symposium by RegioPlan: “Face the Change“

The 24th Retail Symposium showed that – despite the turbulent times – the Austrian retail and retail property sector is by no means pessimistic about the future. The industry rather works on new concepts and possibilities to tackle new challenges with determination.

Altera acquires local shopping center Het Stroink

Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.

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ACROSS STUDY TOUR TO ISTANBUL 2024 /// APRIL 17TH TO 19TH
ISTANBUL – Innovative retail concepts, different shopping center concepts, top-class insights, excellent networking opportunities, keynotes, and expanding brands characterize the travel program of this study tour. You can find all information about the tour, including interviews, the program, and the registration form, here.
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