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shopping center

Atrium Promenada refurbishment is well underway

Over 80% of the redevelopment of Atrium Promenada in Warsaw is now pre-leased. Upon completion, the refurbished flagship will house over 150 retail and service units in the latest concepts. The completion of the renovation is scheduled to open in the second quarter of 2023.

M&S to open new store at Lakeside

Lakeside, owned by property company SGS, announces M&S has signed to open a new store at the center, due to launch in Spring 2023.

Art Experiences at MPC Shopping Centers

MPC organized the two art exhibitions – “Art Revolution – Art That Comes to Life” in UŠĆE Shopping Center, and the exhibition of NATIONAL GEOGRAPHIC photographs “Women: A Century of Change” on the occasion of celebrating Women’s Day, which took place in the three shopping centers: BEO Shopping Center, UŠĆE Shopping Center, and Mercator Center.

Altera acquires local shopping center Het Stroink

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.

Third Inditex Flagship store opens at Liverpool One

The Inditex clothing brand, Bershka, is marking its regional debut at Liverpool ONE. Spanning 743 sq m on South John Street, the space houses, the brand’s three main lines: Bershka, BSK and Man, as well as a number of exclusive ranges.

Mall of Switzerland appoints Multi for property and asset management

Multi Corporation is appointed property and asset manager for Mall of Switzerland, effective June 1, 2022. Mall of Switzerland is a modern, four-storey shopping center with 65,000 sq m of GLA, over 80 shops, a 12-screen cinema, restaurants, leisure options, and a parking garage for 1,600 vehicles.

Christoph Andexlinger succeeds Stephan Mayer-Heinisch at ACSP

One year ago, the long-standing chairman of the Austrian Council of Shopping Places (ACSP), Stephan Mayer-Heinisch, announced his retirement after 21 successful years. His long-standing deputy, Christoph Andexlinger took over the function of the chairman, for which he had already been elected last year, as planned during the General Assembly.

Refurbishment of Hürth Park shopping center is complete

For almost 45 years, the shopping center southwest of Cologne with around 150 stores has enjoyed sustained popularity. On behalf of Deka Immobilien Investment GmbH, kplus konzept developed a new design concept for the center’s public areas.

Centre:MK receives Green World Award

The retail destination centre:mk Milton Keynes in the UK has been recognized for its sustainability achievements over the last 24 months with a Green World Award. The Green Apple Awards enable companies and organizations to win environmental recognition not only for themselves, but also for their countries.

Multi as new Asset Manager for Vulcano Buono

Vulcano S.p.A. has appointed Multi Corporation, via its subsidiary Multi Italy, as the asset manager for the iconic shopping center Vulcano Buono located in Nola, Italy.

Pull&Bear opens flagship store at Alexa

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

URW Introduces Digital Art Center in Hamburg

Unibail-Rodamco-Westfield (URW) brings Culturespaces on board as the key partner for the mixed-use quarter’s art, culture, and edutainment segment. With Port des Lumières, Culturespaces will open a branch of its digital art center in Westfield Hamburg-Überseequartier, which will cover an area of around 3,100 sq m.

Multi Poland: Marketing is a Key Value Driver for Real Estate Assets

In times of unpredictability, marketing spending is usually the first candidate for budget cuts. Marketing management in the commercial real estate sector must be highly focussed on the issues that are fundamental to the business of property owners which directly contributes to increasing their value.

Update: Shopping Malls in Ukraine

ACROSS Magazine with a current situation report from Ukraine and in conversation with Vitalii Boiko, CEO of NAI Ukraine.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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