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shopping center

Image: 123RF

Shopping Centers Of Today Are Important Leisure Destinations

In addition to its function as a supplier to the population, retail is increasingly taking on the role of entertainment. Concepts built around customer experience and gastronomy are now essential components of shopping centers, shows the latest shopping center report on Germany from the EHI Retail Institute.

Marek Noetzel, COO of NEPI Rockcastle (left), Promenada Mall, Romania (right). /// credit: NEPI Rockcastle

MAJOR EXTENSION OF BUCHAREST’S PROMENADA MALL – A BIG VOTE OF CONFIDENCE IN THE CEE ECONOMIES AND RETAIL MARKETS

NEPI Rockcastle is investing around 300 million euros in a 55,000 sq m GLA mixed-use (retail, offices, hotel) extension of the Promenada Mall in Bucharest and refurbishment of the existing shopping center. This represents by far the largest retail development currently underway across all Central and Eastern European markets and is on schedule to be completed by the end of 2026/early-2027.

Recommended reading: A look at ‘Modern Retail Management’

With the book Modern Retail Management, Dr. Johannes B. Berentzen and Dr. Philipp Hoog present an outstanding collection that takes an in-depth look at the pressing issues of today’s – and tomorrow’s – retail landscape. Featuring 24 thought-provoking chapters by 36 leading experts, the book offers a rare blend of academic insight and practical guidance. From digital transformation and omnichannel strategy to sustainability and AI, this forward-looking volume equips readers with the tools and ideas needed to thrive in a rapidly evolving sector. Essential reading for anyone looking to shape the future of retail.

Joanna Fisher, CEO of ECE Marketplaces (left), "Food Garden" at Main-Taunus-Zentrum in Germany (right). /// credit: ECE Marketplaces

“FOOD GARDEN” AT MAIN-TAUNUS-ZENTRUM: A PRIME EXAMPLE OF ADAPTABILITY

At Main-Taunus-Zentrum (MTZ), one of the largest and most successful shopping centers in Germany, ECE Marketplaces has realized a new destination within the center being a further development of the open structure and providing an additional USP of the center. In the middle of the open-air shopping center in Sulzbach near Frankfurt am Main, the new “Food Garden” creates a lively new urban center with a high quality, varied gastronomy offering in five free-standing restaurant buildings for a total of eight restaurant concepts, inviting outdoor terraces, and attractive green spaces.

credit: SES

Modernization of Innsbruck’s (Austria) first city-center mall begins: SILLPARK to become more modern, brighter and healthier

The approval of the planning permission has paved the way for the large-scale modernization of SILLPARK Innsbruck, to be implemented by fall 2026 while the center operates as normal and without impacting shop opening times. The construction work on the mall began a few days ago, with no restrictions for visitors. SILLPARK, Innsbruck’s first city-center shopping mall, opened in 1990 and will now also gain a completely new health park. The investment of EUR 30 million will make SILLPARK the most modern location in Tyrol for socializing and shopping.

Christoph Andexlinger, Chairman of the conference-organizer ACSP, and CEO of SES Spar European Shopping Places, opened the summit, welcoming more than 130 participants from 14 different countries. /// credit: ECSP

ECSP Summit — A Platform To Give Voice To The European Retail Real Estate Sector

Under the motto “Creating beloved places – social, sustainable & successful”, the 2025 European Shopping Places Summit brought together leading experts in the retail real estate sector from 14 different countries to discuss how to make shopping places more sustainability-oriented, successful, and impactful on a social level, while giving voice to the different markets in Europe.

Left-to-right: Paul Douay, Managing Director Asset Management Central Europe at Unibail-Rodamco-Westfield; Elisabeth Zehetner, Secretary of State; Johanna Mikl-Leitner, Governor of Lower Austria; Zsolt Juhasz, General Manager Westfield Shopping City Süd. /// credit: rizar.photo

Westfield Shopping City Süd Receives Sustainability Certificate

Westfield Shopping City Süd is taking the next big step in its sustainability efforts: Austria’s largest and most diverse shopping center has been awarded “Better Places Certification”, the first comprehensive sustainability standard for shopping centers that also covers environmental and social aspects.

New Food Garden at Main-Taunus-Zentrum in Sulzbach, Germany. /// credit: ECE Marketplaces

Main-Taunus-Zentrum In Germany Opens New Food Garden

The Main-Taunus-Zentrum welcomes another attraction: a new “Food Garden” opened in the shopping center in Sulzbach near Frankfurt am Main, planned and fully let after a construction period of around 15 months.

Aerial view of the newly opened Westfield Hamburg-Überseequartier. /// credit: BBE Retail Consultancy

BBE Retail Consultancy Highlights Risks Of Überseequartier For Hamburg’s City Center

Westfield Überseequartier in Hamburg’s HafenCity officially opened its doors on April 8. By combining retail and experience concepts, Überseequartier could become a tourism magnet and economic driver that will further strengthen Hamburg as a metropolis. However, this success is not guaranteed for Hamburg, as there is also the danger of a weakening of the city center.

Opening Westfield Hamburg Überseequartier / credit: URW

A new meeting place for the people of Hamburg: Grand Opening of Westfield Hamburg

The time has finally come: the new giant shopping mall Westfield Hamburg Überseequartier has opened. The Mayor of Hamburg Peter Tschentscher, URW CEO Jean-Marie Tritant and Theda Juliane Mustroph, General Manager of Westfield Hamburg-Überseequartier, symbolically cut the ribbon. With the 100,000 sq m mall and a promising gastronomy and entertainment concept, URW wants to set new standards in Hamburg.

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