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Food Garden design at Main-Taunus-Zentrum, Sulzbach, Germany. /// credit: ECE Group

Start of construction and 90 percent occupancy rate for new “Food Garden” in the Main-Taunus-Zentrum

Start of construction and strong letting success for the new “Food Garden” in the Main-Taunus-Zentrum: In November, construction work began on the new highlight in the middle of the shopping center – a high-quality and varied range of restaurants with five free-standing restaurant buildings, partly covered and partly open terraces, green outdoor areas and sophisticated architecture. The opening is planned for spring 2025.

Zadig&Voltaire at Batavia Fashion Outlet. /// credit: VIA Outlets

VIA Outlets Sees Strong Leasing Demand with New and Existing Brand Partners Through 2023 as Fashion Brands Gravitate Towards Stellar Performing Outlet Centers

VIA Outlets has seen a surge in the pace of leasing activity across its pan-European portfolio through 2023. New and existing premium brand partners continue to open stores or increase their GLA with upsizes, bucking the challenging market conditions experienced in much of the full-price retail segment. Brands are following customer footfall and gravitating towards the strong sales outperformance offered by the outlet center format.

credit: MAPIC

“OUR JOB IS TO GIVE THE INDUSTRY A PERSPECTIVE.”

We are in the middle of a transformation, states MAPIC Director Francesco Pupillo. The changes in the retail world are also reflected in the changing role and face of MAPIC. This includes the presence and support of new players. But in the end, the purpose of the biggest industry fair stays the same: It is a dealmaking opportunity.

credit: Rioja

THE ARGUMENTS FOR AND AGAINST LEISURE FACILITIES AT OUTLET CENTERS

The development of new outlet centers is always an exciting prospect, both for consumers looking for great deals and for developers seeking to create profitable ventures. However, an ongoing debate in the realm of outlet center planning revolves around whether leisure facilities should be an integral part of these retail destinations. Giles Membrey, Managing Director of Rioja Estates Ltd. explains the pro and contra arguments.

credit: ECE

SHOPPING CENTERS: FLEXIBLE SPACES FULL OF OPPORTUNITIES

Today, more than ever, a first-class location, excellent management, and continuous further development are decisive for the future of a retail property. In addition to the location-specific sector and tenant mix, the gastronomic offer is crucial for success – as ECE Marketplaces shows.

credit: Time Out Market

WE RUN A BUSINESS OF ROCKSTARS

Time Out Market is one of the first food hall concepts in Europe. From Lisbon, it has expanded internationally. The list of interested parties, from cities, operators, and restaurants, who want to be part of this success story is long, but new locations are carefully chosen. Sandy Hayek, CEO of Time Out Market, and Ana Alcobia, VP Iberia, explain the USP of their concept, the criteria they use to select locations and restaurants, and why being a media house at ist core is so crucial for their success.

credit: NEINVER

F&B IS AN ESSENTIAL PART OF THE OVERALL GUEST EXPERIENCE

Customers are seeking a better-quality and more varied offering, expecting to see both international and local options, argues Joan Rouras, Head of Leasing and Retail at NEINVER. For a long time, a neglected topic, F&B in outlets, is taking on a whole new role. NEINVER has taken many steps to offer its guests innovative F&B in addition to a high-quality retail offering.

After 17 months, the revitalization of the more than 50-year-old store has been completed. /// credit: Kaufland

Kaufland completes one of the most sustainable revitalizations to date in Bad Tölz

This Thursday, one of the most sustainably modernized Kaufland stores to date will reopen to customers in Lenggrieser Straße in Bad Tölz. Just a glance at the newly designed facade with modern, sustainable wooden elements, which blends harmoniously into the local, Bavarian building culture, makes it clear that a very special revitalization of the more than 50-year-old store has taken place here after a total renovation period of around 17 months.

F1 Arcade interior. /// credit: Viklari Consulting, F1 Arcade

F1 ARCADE IS COMING TO MAPIC

F1® Arcade, the world’s first official Formula 1® simulator racing experience to put socializing at its core, and the first-of-its-kind experiential hospitality concept; is coming to MAPIC from 28th to 30th November in Cannes.

credit: RegioData

EVALUATION: EUROPEAN SHOPPING CENTERS AND THE ENVIRONMENT

For good reasons, there has been increasing attention in recent years on environmental protection, energy efficiency, the reduction of CO2, as well as the economical use of land and sustainability. This also applies to synthetic commercial zones states a new research report by RegioData.

ACSP Congress 2023 /// credit: ACSP

ACSP Congress 2023: The Future Model For Quarter Development

“Quarters are not defined by their developers, but by those who use, work, and live in them”, stated Christoph Andexlinger, Chairman of ACSP, and CEO of the Austrian shopping center market leader SES, in his opening speech at this year´s congress, which focused on city and town quarters, while presenting not only new ideas, but bringing numerous examples of quarters in practice.

Jovana Cvetković is the Development, TO, and Innovations Director at MPC Properties. /// credit: MPC Properties

“Contribute to the well-being of the community we gather”

“The bottom line is that we use a systematic and comprehensive approach to develop sustainable real estate.” This is how Jovana Cvetković, Development, TO, and Innovations Director at MPC Properties, describes the company’s principle of commitment to innovative and integrated business. In this interview, she explains the steps MPC Properties has taken and will take on the company’s ESG journey.

credit: NEPI Rockcastle

NEPI ROCKCASTLE: TENANT SALES AND ACQUISITIONS DRIVE STRONG GROWTH

NEPI Rockcastle’s net operating income (‘NOI’) rose 23% in the first nine months of 2023 (‘9M 2023’) to 365 million Euro, versus the same period of 2022, continuing the robust pace of growth since the end of the Covid pandemic. The main drivers of the strong performance were a combination of tenant sales performance and the contribution of the acquisitions completed in 2022.

credit: ECE Marketplaces

„Retail real estate is a stable and resilent asset class” 

“Despite the significant challenges of recent years, it is clear that retail real estate is a stable and resilient asset class,” says Joanna Fisher. In an interview with ACROSS, the CEO of ECE Marketplaces talks about the opportunities of a once again dynamic market, dealing with industry changes and ESG, and her goals as the new Chairwoman of ECSP.

credit:fressnapf

Dutch retailer Jumper is taken over by Fressnapf Group

Following the merger with Arcaplanet in Italy, the investment in ZOOCITY in Croatia and the recent market entry in Romania, the business expansion in the Netherlands marks the company’s next strategic step.

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Special: UNDERSTAND THE ROLE OF F&B IN RETAIL REAL ESTATE
The F&B sector has become an essential part of every shopping destination. F&B boosts footfall and increases dwell time. Space previously dominated by fashion retailers is now occupied by innovative gastronomic restaurants. The pandemic has only reinforced this trend. Nonetheless, the F&B industry is struggling with major challenges.
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