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Leo’s Abenteuerpark GmbH is building a new indoor adventure world for children on an area of 4,000 sq m at Paunsdorf Center in Leipzig. The adventure park is scheduled to open in spring 2025. As part of the sector trend leisure and entertainment, Unibail-Rodamco-Westfield (URW) Germany and Leo’s Abenteuerpark are strengthening the location’s profile as a family friendly and experience-orientated shopping and leisure destination in the region.

MEC is further expanding its position as a retail real estate specialist and national market leader for retail parks: As of March 1st, 2024, it has taken over the operation of EKZ Abensberg.

“Investors and Retailers often want too much too soon.” Christian Alexander Kuntze, the founder of NEXXT IN RETAIL, critically examines the expansion strategies of large and small companies. He explains the biggest mistakes made during expansion and how start-up businesses can avoid them. His most important advice before any expansion is: Know your DNA!

Shopping center investors and managers are increasingly concerned about the role of their assets, the value and experience they deliver, and how they can resonate in a digital age, argues James Miller, Director of Pragma. Therefore, the overriding focus for shopping centers in 2024, continues to be renewal and adaptation on the basis of accurate consumer research and insights.

“We are firmly committed to continuously raising the level of our malls,” says Christoph Andexlinger. The SES CEO explains why reliability and the continuous development of quality and offers are the best paths forward and why the industry urgently needs to work together to present shopping centers as places that provide attractive working conditions and benefits, which, in fact, they are.

How can shopping places become “future ready” by responding to the rapidly changing retail landscape and the future behaviors and expectations of their audiences? An analysis by Ibrahim Ibrahim, Managing Director of Portland Design.

Consumer criticism of shopping centers is nothing new, states Ken Gunn, Managing Director of Ken Gunn Consulting. As a retail business consultant, advising investors and asset managers, he has reported survey-based dissatisfaction with the proposition, branding, and management of shopping centers for 30 years.

New highlight at Forum Hanau: on Friday, February 23, 2024, the renowned European retailer Pepco opened its doors for the first time on the second floor of the shopping center.

Since February 24, Schuh Bode has been enriching the fashion offering at QUARREE with a wide range of brand shoes for men, women and children on over 500 sq m of retail space. Family-run for five generations, the Hamburg shoe company fits in perfectly with the tenant mix of the center in the middle of Wandsbek.

NEPI Rockcastle generated the highest distributable earnings per share in its history in 2023, exceeding the previous record set in 2019. This marks not only a complete recovery from the effects of the Covid-19 pandemic, but also a sustainable step-up in performance determined by continuing investments in its portfolio. Throughout the year, the Company updated its earnings guidance to the upside as management took note of the strong results coming in. Even so, the 17.1% increase in recurring DEPS achieved (9.3% on a nominal basis) exceeded its latest update.

RESERVED is continuing its flagship store expansion and will open a store at Westfield Centro in mid-2025. As part of LPP SA, one of the fastest growing fashion companies in Europe, RESERVED is pursuing the goal of being represented in the most important shopping centers in Germany.

NEPI Rockcastle, Europe’s third-largest listed retail real estate company and the biggest owner and operator of shopping centers across CEE markets by value, is to invest around 600 million Euro in its development and asset refurbishment pipeline to meet strong demand from retailers aiming to tap into the region’s increasingly affluent consumer base.

Online retail continues to change the shopping landscape, and people have adapted their leisure behavior as a result of the pandemic. Consequently, the role of shopping centers needs to be rethought. Shopping centers are no longer straightforward “shopping machines”, but must prove themselves as sustainable and versatile community centers, argues HBB.