BIG game changer has arrived in Andrychów and Lubin.
BIG Andrychow and BIG Lubin are the new names of Galeria Andrychów and Cuprum Park in Lubin and the first BIG retail parks in Poland. Both retail parks have been acquired by BIG Shopping Centers Ltd in 2022 and passed through the complete rebranding process during the last month.
For almost 35 years, Quarree has been the urban shopping center in Wandsbek, Hamburg’s most populous district. With the 40 million Euro refurbishment owner Union Investment created two years ago an urban center for the long term.
A long and meticulous selection process resulted in a grand ceremony: Christian Recalcati, Head of the organization Team of the ECSP- Design and Development Awards, on how the Awards finally came back and set an example of excellence for the entire industry – now and in the future.
On May 10, 2023, the Austrian retail and retail real estate industry came together at the 25th RegioPlan Retail Symposium. The event highlighted current and expected market conditions, trends and investments and offered a valuable platform for industry experts to connect.
Planning security for the Bethanien Center in Neubrandenburg: MEC, as the owner representative of its customer Union Investment, has brought about a resolution on the statutes of the city of Neubrandenburg’s development plan. This serves to secure the commercial location in terms of planning law and also secures the owner’s investment in the long term.
Following a tender, Multi Corporation has been appointed property manager for a prominent retail and food & beverage asset in the centre of Lisbon. Multi will be responsible for the day-to-day management of the asset and will work closely together with the owner to implement value-enhancing initiatives.
“What a ‘better everyday life’ means in terms of shopping center experiences has significantly changed over the last 15 years, states Vasco Santos, Global Sales & Leasing Director at Ingka Centres. As a result, the key performance metrics for such spaces have also evolved,” he explains. We might take the same numbers into consideration, but the way in which these numbers should be interpreted is new.
Eurofund Group has exchanged on 510 sq m of new deals including the first Scotland location for electric vehicle manufacturer, Polestar, as well as international home and beauty brand, Rituals — further diversifying and improving the retailer mix at the iconic Glasgow centre.
As banal as that may sound, the “question of existence” vis-à-vis the customer is one that many retail locations are currently grappling with in earnest, explains Reinhard Winiwarter, Founder and Managing Director of ACROSS, in his 15-year retrospective.
Sierra will take care of the leasing of the retail spaces of Chorus Life Bergamo. Chorus Life Bergamo is an integrated urban scheme focusing on the individual and their needs, in which social well-being, economic profit, sustainable architecture and smart technology are perfectly blended.
Etele Plaza has received the BREEAM “Very Good” certification in the Retail category. Due to its sustainable solutions, Futureal’s development is the first shopping center in Hungary that has obtained one of the highest green building ratings in the construction phase.
Unibail-Rodamco-Westfield forces the mobility transformation by turning to soft mobility that promotes the use of sustainable, environmentally friendly, socially acceptable and low-accident modes of transport.
A crisis forces us to think in new and different ways. It is a challenge – but finally, almost always, it leads up to new ideas and helps to speed up the much-needed change, states Caroline von Westerholt, Head of Strategy & Repositioning of Retail Properties at Twenty One Media GmbH. She explains her biggest learnings from the current crisis.
„Cost efficiency and transparency“ – according to Markus Schmut, these are the two big “drivers”, especially for the retail real estate industry in the coming year. We have spoken with Markus Schmut, the managing director of Fairmoney. Using a shopping center as an example of a case study, he shows us what is possible with efficient fixed cost management.
Dutch urban real estate specialist Redevco and world’s largest fashion retail group Inditex have signed a lease agreement for the Coolsingel 80 commercial building in Rotterdam, where Inditex will establish a Zara flagship store.
Now, more than ever, consumers want to reduce their overall expenditure, lower their consumption, and adopt sustainable practices. As a result, retail destinations must incorporate sustainability to meet growing customer expectations and nurture their customer relationships. That is why Coniq has created this list of top tips to help start any mall’s sustainability journey.
Ukrainian Council of Shopping Places, a member of the European Council of Shopping Places (ECSP), has published a report providing insights on how retail destinations are adapting to the war and the impact it is having on the market. This report, which is exclusive to ACROSS, calculates losses and damages suffered by the shopping centre industry, retail turnover losses and shows reopening plans for some shopping centres.
Better Spaces, Better Communities, and Better Together – those are the pillars upon which Unibail-Rodamco-Westfield’s sustainability strategy is based. URW is committed to playing a key role in the environmental and energy transition. As such, the company has been implementing its “Better Places 2030” sustainability strategy since 2016.
MPC Properties has developed a socially responsible strategy in accordance with the ESG goals (Environmental, Social, Governance) in order to contribute to the well-being of the wider community in Southeast Europe.
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