placemaking

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.

In terms of marketing, they are by far the most powerful generation that has ever existed and could be the most useful when it comes to bringing people back to physical stores.

Trei Real Estate just sold a portfolio of seven convenience centres, which the company manages on behalf of the Molento family office, to MEAG. MEAG will add the properties to an institutional property fund. The properties are located in Bad Camberg (the Rhine-Main region), Hanover, Heidelberg, Mainz, Ruhpolding (Upper Bavaria), Weilersbach (Upper Franconia) and Zornheim (Rhine-Main region).

Multi Corporation celebrates its 40th anniversary with an additional €1.3 billion worth of new assets under management in the last twelve months. The bulk of the additional management contracts relate to retail assets, whilst the new assignments also comprise of other asset classes such as offices and hotels. Multi now has over €5 billion of AUM.

Operational excellence is achieved when management is able to successfully strike a balance between innovative approaches and traditional corporate values. ACROSS spoke with HBB about tailor-made approaches to center management, why the consistent pursuit of the idea of community and close cooperation with cities is the most significant success factor, especially in turbulent times, and why pop-up stores amount to so much more than a means of concealing vacancies.

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

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.

The lifestyle center in the city of the Olympiads takes shape between outdoor sports fields, experimental formats, fresh goods markets and latest-generation cinema. 60% of the surfaces have already been signed by leasing department of Nhood Services Italy.

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Around 30 years ago, a trendsetting Kaufland store opened in Erfurt-Herrenberg (Erfurt, Germany). Now it has been honored by the “Stadtimpulse” initiative as Best Practice 2022 in three categories: Innovation in Retail, Urban Design and Real Estate, and Experience and Living Space.

Nhood Services Italy became a service provider for the urban transformation project of Waterfront di Levante, located in Genoa. Due to the special architectural solutions made by Renzo Piano, Waterfront can be described as a low environmental impact project for the city.

Property developer and asset manager, Sovereign Centros, has submitted a planning application outlining its masterplan proposals for the reimagination of St. Enoch Center in Glasgow. The mixed-use development puts focus on retail, leisure, entertainment, hotel, offices, and city center living.

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