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ACROSS

Sustainability

Ulrich Schmitz, Tobias Pickert, André Wittstock. Credit: ECE

THE ENERGETIC RENOVATION ROADMAP: MAKING SHOPPING CENTERS FIT FOR THE FUTURE

Climate-neutral real estate and long-term value retention: How can high-footfall properties such as shopping centers be operated in a climate-neutral manner in the future? What steps need to be taken in order to achieve that goal, and how much will it cost? ECE has developed a customized Energetic Renovation Roadmap for that particular asset class to help answer such questions.

Credit: Kaufland

KAUFLAND AND ULTRAGREENS OPEN THE FIRST VERTICAL GREENHOUSE IN ROMANIA

Kaufland and Ultragreens, formerly Microgreens Romania, are opening the first vertical greenhouse in Romania, with products for sale exclusively in the retailer’s stores. Green Hub Kaufland by Ultragreens is an extensive environmental and smart agriculture project, inspired by new trends in healthy eating and in line with the UN Sustainable Development Agenda.

Credit: VIA Outlets

VIA OUTLETS PORTFOLIO AWARDED A 5-STAR RATING IN THE 2022 GRESB BENCHMARK

VIA Outlets has achieved a 5-star rating in the 2022 GRESB (Global ESG Benchmark for Real Assets)—for the third consecutive year. This year’s five-star score is the highest possible score and recognizes VIA Outlets as a true leader in sustainability, placing it amongst the top-rated operators in the global real estate industry.

Credit: NEINVER

NEINVER ACHIEVES HIGHEST 5-STAR RATING BY GRESB FOR THIRD CONSECUTIVE YEAR

For the third consecutive year, NEINVER has achieved the highest 5-star rating in the 2022 Global Real Estate Sustainability Benchmark, the leading global benchmark in assessing the ESG performance of real estate assets. This rating once again places the Spanish multinational commpany in the top 20% of the benchmark globally.

Credit: ROS Retail Outlet Shopping

DESIGNER OUTLET ALGARVE IS NOW BREEAM CERTIFIED

Designer Outlet Algarve has been recognised with the international BREEAM certificate, the world’s leading method of sustainability analysis. The largest outlet in the Algarve region was recognized for successfully meeting the highest standards of sustainable management, having been rated “Very Good” in terms of building performance and “Excellent” in building management.

credit: URW

UNIBAIL-RODAMCO-WESTFIELD CONTINUES TO HELP HOMELESS PEOPLE AT ITS SITES

Unibail-Rodamco-Westfield (URW) Germany is expanding its cooperation with Sheltersuit Foundation and local aid organizations, which was launched in the fall of 2021. As part of a support initiative starting on October 10, 2022, in nine shopping centers operated by URW, the aim is to draw attention to the particularly difficult situation of people living on the streets in winter and to offer immediate support.

credit: Marc Peter

Do Not Mess with Gen Z!

In terms of marketing, they are by far the most powerful generation that has ever existed and could be the most useful when it comes to bringing people back to physical stores.

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: MPC Properties

MPC PROPERTIES: BEES THRIVE IN A BUILT ENVIRONMENT

One of MPC Properties Green Commitment pillars is the preservation of ecosystems by introducing, among other things, Urban Beekeeping. With MPC’s ESG initiative, the company owns a total of 12 beehives within its asset portfolio, including UŠĆE Shopping Center, Navigator Business Center 2, and UŠĆE Towers business center.

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: Wildbild

25 YEARS OF EUROPARK: GO ABOVE AND BEYOND SHOPPING

EUROPARK has established itself with more than 10 million customers per year as one of Salzburg’s most beloved meeting points for shopping, cuisine, and culture. Also on their anniversary, their motto stays the same: “More than just shopping”.

Credit: VIA Outlets

PAN-EUROPEAN VIA OUTLETS PORTFOLIO SETS NEW BENCHMARK ON INDUSTRY SUSTAINABILITY

VIA Outlets, the leading owner of premium fashion outlet shopping destinations throughout Europe, guided by its ´Beyond Sustainable’ four-pillar holistic approach, has published a summary of its 2021 results that set an international benchmark for sustainable construction, assessing, and promoting environmental efficiency in residential and commercial spaces.

credit: SES/MK

“We Cannot Allow the Christmas Season to Be Diminished”

The use of traditional Christmas lighting is not immune to the effects of the energy crisis, which is a major concern these days. Shopping centers and cities alike are embroiled in discussions surrounding the issue due to the energy costs involved.

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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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