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placemaking

Food court design at CCA. /// credit: umdasch The Store Makers

umdasch To Design New Food Court At City Center Amstetten

The City Center Amstetten shopping center is planning a new food court area that will offer even greater culinary variety. umdasch The Store Makers, the Amstetten-based shopfitting and design expert, is responsible for the concept of the new food court.

credit: ACROSS, BBE, umdasch, Lane 7

„Entertainment, Shopping, F&B — Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience“ /// ACROSS RETAIL TALK: Sept. 25th, 2024, 4pm (CET), Online/Zoom

The next ACROSS Retail Talk “Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience” will discuss how retailers and shopping center managements can inspire and retain customers by offering true retail experiences. Join us to learn about expert insights from top professionals in the industry.

credit: ACROSS, BBE, umdasch, Lane 7

„Entertainment, Shopping, F&B — Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience“ /// ACROSS RETAIL TALK: Sept. 25th, 2024, 4pm (CET), Online/Zoom

The next ACROSS Retail Talk “Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience” will discuss how retailers and shopping center managements can inspire and retain customers by offering true retail experiences. Join us to learn about expert insights from top professionals in the industry.

İnegöl AVM shopping center, Türkiye. /// credit: Fiba CP

Fiba CP Continues To Collect International Awards For Outstanding Projects

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.

credit: GfK

GfK study: European retail in 2023 and 2024

Consumers in Europe continue to be affected by various crises. After inflation peaked in 2022, 2023 was characterized by an adjustment to the increased cost of living. Additionally, the multiple global crises and the loss of purchasing power caused uncertainty, which led to concerns and a change in consumer behavior.

credit: NEPI Rockcastle

NEPI ROCKCASTLE RAISES GUIDANCE FOR FULL YEAR EARNINGS GROWTH

NEPI Rockcastle achieved a 13.5% increase in net operating income (‘NOI’) in the first half of 2024 compared to 274 million Euro compared to 241 million Euro in H1 2023. On a like-for-like basis, NOI was 10% higher in H1 2024 compared to H1 2023, excluding the impact of developments completed after 30 June 2023 and industrial property sold in January 2024.

credit: moka-studio+URW

Überseequartier confronted with a new water damage but opening date remains

The Westfield Hamburg-Überseequartier shopping center is once again struggling with water damage. According to the fashion news portal FashionUnited, a few weeks ago there was an “isolated technical problem” in a “small section of the construction site”, causing rainwater to penetrate into “a few rental spaces”.

credit: Lugner City

Austrian shopping center icon Richard Lugner is dead

The Austrian building contractor and shopping center operator Richard Lugner, who became famous for his appearances alongside Hollywood stars at the Vienna Opera Ball, has died according to media reports. Austrian media reported that the 91-year-old died in his villa on the outskirts of Vienna.

Lefto-to-right: Alexander Eck (Member of the SES Management Board), Christoph Andexlinger (CEO of SES), Marcus Wild (SPAR CEO), Dr. Michael Heinisch (Chairman of the Vinzenz Group Management Board), Sigrid Miksch, MSc (Head of Health Park Management at the Vinzenz Group) and DI (FH) Otto Brandstätter, MSc (Head of Development Shopping Center & Special Projects at SES). /// credit: Christian Leopold, SES Spar European Shopping Centers

New Health Parks To Be Introduced In SES Shopping Malls

At the end of July, Austria’s market-leading shopping center operator SES and Vinzenz Gruppe Service, an expert in health parks, signed a partnership agreement to jointly develop long-term health centers at selected SES shopping locations and thus strengthen regional healthcare provision in the long term.

Westend shopping center, Budapest, Hungary. /// credit: TriGranit

Investment Group DRFG Acquires Developer TriGranit

The investment group DRFG’s portfolio is expanding with an important addition: the acquisition of one of the largest privately-owned real estate development platforms in Central Europe, TriGranit.

Will Odwarka is the Founder and CEO of Dubai-based firm Heartatwork Hospitality Consulting. /// credit: Will Odwarka, ACROSS

Will´s F&B Insights: The Demystification Of F&B Operation

As an international F&B consultant, I am constantly confronted with statements like, “It’s not rocket science; how difficult can it be, or everyone can run a restaurant?” So I will use this column edition to embark on a little journey with you. We have already established that hospitality experiences are more important than ever. When I started in this industry, we thought 6% F&B was a good rate; now, we are running developments at 20%.

People on the move: Angelus Bernreuther is leaving Kaufland

Angelus Bernreuther, Head of IR at Kaufland Stiftung & Co. KG and member of the ACROSS Advisory Board, will leave the international foot retailer Kaufland end of July. He worked with Kaufland seven years. After a short break, he will be taking on a new position in the German real estate business.

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