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ACROSS

shoppingcenter

credit: Fairmoney

„Mr. Cost Transparency“

„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.

credit: Coniq

How to Leverage Green Loyalty at Your Retail Destination

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.

The impact of war: Ukrainian retail real estate market in 2022

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.

credit. URW

WESTFIELD HAMBURG ÜBERSEEQUARTIER: CREATING A BETTER PLACE!

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.

credit: Safe Asset Group

Mylly awarded SHORE certification GOLD-level

MYLLY Shopping center was awarded SHORE certification GOLD-level Outstanding becoming the best in Finland, and continues building trust with its tenants and visitors.

credit: HBB

HEMA to open in Rathaus Galerie Essen

A new attraction for the HBB shopping center: The Dutch department store chain HEMA is opening up a new branch in Rathaus Galerie Essen, Germany.

credit: HyperIn

HyperIn: Winter Is Coming …

Retail real estate is facing tough times as we close in on the prospect of a long, cold winter. Amidst the impending energy and economic crisis and an escalating threat resulting from a war in Europe, for many, the fear is here. Investor insecurity is high, and property owners are wary of fuel and finances running into scarce supply. However, as we have learned from the COVID-19 pandemic, where there is a challenge, there is also an opportunity.

credit: SonaeSierra

EVOLVING IN A CHANGING WORLD

Sonae Sierra accelerates the future-proofing of its real estate portfolio. Christine Hager, Sonae Sierra Director, responsible for property management in Germany, describes what being future proof means in today’s business world. There is one thing or particular note: Knowing how energy is being consumed is key to understanding and identifying where the most effective changes should be made.

SELLPY x ALEXA WINS THE FIRST STORE 2022 RETAIL COMPETITION

The winners of the retail competition First Store by ALEXA Vol. 4 – Academy Edition have been chosen: “SELLPY x ALEXA” is the concept for an innovative second-hand clothing store presentation in cooperation with the leading Swedish second-hand clothing brand Sellpy. The first offline presence in Germany of the online company will take place in ALEXA, Berlin.

credit: MPC

MPC PROPERTIES TO TURN OFF EXTERNAL LIGHTING ON THE ENTIRE FACADE AT NIGHT

As a company that is responsible for the management of more than 12 office and retail assets in the territory of Belgrade, MPC Properties has made a decision to turn off the facade lighting of its buildings during the night to ensure maximum electricity savings in the last quarter of 2022.

credit: Nepi///ACROSS

“ESG Is an Earnings Opportunity, Not Just an Obligation”

While Western Europe is struggling with the aftermath of the coronavirus and is plagued by inflation concerns, Nepi Rockcastle has delivered 2019-level numbers and boasts a full development pipeline. In an interview with ACROSS editor Reinhard Winiwarter, CEO Rüdiger Dany explains the peculiarities of Eastern European markets, why he is neither concerned about inflation nor in the position of having to actively seek tenants for his sites, and why he sees ESG investments as real earnings opportunities.

credit: IMCR

IMCR programs – Mentoring in unpredictable times

Especially in unpredictable times people need guidance. The International Mentoring Community of Real Estate was created to provide this guidance and to build a most valuable community of experts who can share their knowledge and experience with those who need it and also between themselves. ACROSS spoke with Anna Zachara-Widła and Michał Miazek, founder of IMCR, about their way of mentoring and program.

credit: UNDER ARMOUR

LIVERPOOL ONE FLEXES ITS APPEAL WITH SIGNING OF UNDER ARMOUR BRAND HOUSE

Grosvenor has announced the signing of leading sports apparel brand, Under Armour, at Liverpool ONE. Trading from 280 sq m sq ft on South John Street, Under Armour Liverpool ONE is set to open later this year and will stock the brand’s renowned performance sports apparel, footwear and accessories.

credit: Tessuti

TESSUTI OPENS GLOBAL FLAGSHIP AT LIVERPOOL ONE

Grosvenor has announced that designer retailer, Tessuti, has opened its new global flagship store at Liverpool ONE, demonstrating the brand’s ongoing vote of confidence in the destination.

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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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