HBB celebrates the opening of component A of Husemann Karree on the square of the same name in Bochum. In the mixed-use business quarter, the department store Woolworth, the food market Rewe Mert and, in addition, the textile retailer KULT (OLYMP&HADES) will open in component B on October 19, 2023.
Designer Outlet Kraków, owned by KG Group and managed by ROS Retail Outlet Shopping, is officially taking shape and will become the new smart shopping destination for Krakow and the Lesser Poland region in spring 2025.
How far along are companies in the sustainable orientation of their proper ties? WISAG’s eleventh Sustainability Radar investigated this with its study entitled “EU taxonomy – Where does the real estate industry stand?” The result: property owners are calling for more concrete specifications.
Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.
NEINVER and Nuveen Real Estate have received the highest 5-star rating in the 2023 Global Real Estate Sustainability Benchmark for the fourth consecutive year for Neptune – a joint venture between NEINVER and Nuveen’s parent company, TIAA -, placing it in the top three in the “Southern Europe, Retail Centres” category in terms of overall ESG performance.
Together with the Dutch Sheltersuit Foundation and local aid organisations, Unibail-Rodamco-Westfield (URW) is once again launching a relief campaign for homeless people in need in eleven German cities and in Vienna. Starting on October 10, 2023, Homelessness Day, Sheltersuits will be distributed to people in need.
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.
The initiative ran in all of NEINVER’s Spanish shopping centres and focused on two main goals: to add an unmissable highlight to visitors’ calendars in the form of a disruptive event; and to create an augmented shopping experience that offers even more value to both consumers and brands.
VIA Outlets, has achieved the highest 5-star rating in GRESB’s 2023 Real Estate Sustainability Benchmark Report for the fourth consecutive year, placing the company 7th in the “Europe, Shopping Center” category and 11th in the “Retail Europe” classification.
In this in-depth management interview, Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties, not only spoke about the current global developments taking place at his company, but also about the opportunities in the Turkish market, why Turkish brands are expanding so successfully in Europe, the Middle East, as well as in the MENA region, and about his recent experiences in China. His advice: Now, more than ever, it is time to look towards Asia.
A select expert jury including industry leaders and members of the Unibail-Rodamco-Westfield (URW) management team chose Airpaq, which creates upcycled products such as backpacks and bags from car parts, as the big winner of the Westfield Grand Prix 2023. The Community’s Choice Award was presented to CleanlyEco, which produces sustainable washing strips. The awards evening took place at the shopping and leisure destination Westfield Centro in Oberhausen.
Mitiska REIM has today announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), has now reached 168 Euro million. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.
Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.
Renovating existing buildings and reducing new construction is the order of the day. Christoph Andexlinger, CEO of SES, uses the example of KING CROSS Zagreb to explain how the company is developing the established, aging center into a state-of-the-art mall with a high quality-of-stay via a complete refurbishment, thereby elevating it to the next level of success.
Since Finland’s first shopping center loyalty club app launched in June by Seppä Shopping Centre, results have been better than expected beforehand as close to 10.000 visitors have opted in to the loyalty program.
There is a collective push within shopping centers to preserve the planet, says Jean Carlos Delgado, Marketing and Brand Director at HyperIn. In this guest article, he uses case studies to explain how eco-friendly evolution can take place.
The 12th Swiss Retail Forum for the retail, commercial real estate and shopping center industry is just around the corner and promises to be an exceptional experience for industry professionals and interested parties. On November 7, 2023, leaders from a variety of fields will come together to provide world-class insights, practical knowledge and invaluable networking opportunities.
Repurposing existing properties is a value-adding approach, benefiting both the capital market and users. Union Investment is changing direction for the better by considering the value chain holistically. Managing Director Henrike Waldburg explains the corporate positioning and why it is worth investing in transformation from a financial and social perspective.
The transformation of a department store property into an urban quarter, including a shopping center.
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