Renovating existing buildings and reducing new construction is the order of the day. Christoph Andexlinger, CEO of SES, uses the example of KING CROSS Zagreb to explain how the company is developing the established, aging center into a state-of-the-art mall with a high quality-of-stay via a complete refurbishment, thereby elevating it to the next level of success.
There is a collective push within shopping centers to preserve the planet, says Jean Carlos Delgado, Marketing and Brand Director at HyperIn. In this guest article, he uses case studies to explain how eco-friendly evolution can take place.
Kaufland intends to significantly reduce CO2 emissions in the future in the construction of new stores and for modernization measures. Currently, the retailer is testing various alternatives to materials such as concrete and steel at pilot locations. In Bratislava, the company is opening the largest timber store in Slovakia, while in Tuttlingen, Baden-Württemberg, a store is being built using recycled building materials including items such as walls, the facade and the parking lot.
Used clothing can be dropped off at the Regent Street store, and members will be credited with a £5 voucher and 20 points upon return. Furthermore, a rental service is also offered, as already in the store in Berlin Mitte Garten.
The GRAI 2/2023 shows increased signs of recovery in eleven European countries. The UK, Poland, Spain, and Italy showed solid gains. Overall, the GRAI increased by six points to 113 points. However, the gap between Europe and indices in North America and Asia/Pacific is growing.
The number of photovoltaic surfaces installed in SES shopping malls is constantly increasing. This year, SES has invested in the construction of photovoltaic systems in the five Slovenian shopping centers, namely ALEJA, CITYPARK and CENTER VIČ in Ljubljana, CITYCENTER Celje and EUROPARK Maribor.
Since 2017, the platform in Austria stands for fair working conditions and treatments of humans, animals and the environment. In the summer of 2023, the logical step followed to also offer the regional products in their own store.
While the mood in Central and Western Europe’s retail sector is dominated by “gray clouds”, center developers and operators from the SEE and CEE regions are in a completely different situation. In an interview with ACROSS Publisher Reinhard Winiwarter, Rüdiger Dany, CEO of NEPI Rockcastle, explains his 700 million development pipeline, how NEPI is profiting from ESG, and in which regard the West can learn something from the East.
Europe’s third largest listed retail real estate company by portfolio size, NEPI Rockcastle, delivered a 23 percent uplift in Net Operating Income (‘NOI’) for the first six months of 2023 (‘H1 2023’) to 241 million Euro. Distributable earnings per share increased by 24.9 percent to 28.52 eurocents for H1 2023 compared to H1 2022.
waterdrop is one of the best-known microdrinks, with stores openings all over the world. Now the wish of the founders has come true, which they already had in the founding year 2017: their own store in the Europark in Salzburg.
In October, the largest photovoltaic system installed on a shopping center roof in Germany will be completed at Paunsdorf Center in Leipzig. Construction work starts at the end of July. Paunsdorf Center is working closely on this project with the city of Leipzig and its cooperation partner Leipziger Stadtwerke. The project shows that the retail and leisure destination takes its responsibility as a local player seriously and is expanding and strengthening local partnerships.
Tchibo already uses environmentally friendly materials and sustainable manufacturing processes in its supply chains. The pilot with Sellpy is a further step in testing innovative approaches to make consumption and the textile industry sustainable in order to conserve resources.
NEINVER has obtained Zero Waste certification for 94% of its centers in Europe, making it the first company in the shopping center sector to receive this acclaimed accreditation from the multinational TÜV Rheinland for virtually its whole portfolio across Europe. With this certification, NEINVER cements its position as a leader in sustainability and deepens its commitment to the circular economy.
In addition to grocery products, customers in Hauzenberg can now also write “e-car charging” on their shopping list when they shop at Kaufland. The retailer´s overall 300th e-charging station is now available in the store parking lot at Florianstraße 1.
Espacio León, an established shopping center managed by Multi Corporation in Spain, has announced further sustainability improvements with the installation of 1.035 solar panels on the building’s rooftop.
VIA Outlets has been awarded a Level 2 ESG Rating by global ratings firm Fitch, the second highest achievable. ‘Sustainable Fitch’ is the agency’s integrated sustainability and societal analytical framework, introduced last year, to deliver a more holistic quantitative and qualitative assessment of a company’s ESG performance for investors and management.
Gramicci joins Covent Garden’s extensive range of fashion retailers such as Arc’teryx, innovative outdoor brand, American workwear brand Carhartt and luxury label Ganni.
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