ACROSS | The European Retail Real Estate Magazine

Opinion
ICSC

Fortune Favors the Bold

What do European retail real estate leaders think about the future? ICSC Europe recently brought them together in Salzburg (Austria) for the annual CEO Forum to find out. Hosted by SES Spar CEO Marcus Wild, it was an insight into what’s on the minds of those at the forefront of the industry.

ICSC

Fortune Favors the Bold

What do European retail real estate leaders think about the future? ICSC Europe recently brought them together in Salzburg (Austria) for the annual CEO Forum to find out. Hosted by SES Spar CEO Marcus Wild, it was an insight into what’s on the minds of those at the forefront of the industry.

BY VITALIY BOYKO

Kiev’s mega malls

Ukraine is the one of the biggest markets in Europe with 42.5 million consumers. After a steep fall in 2014/2015, the country’s economy has started a gradual recovery.

More Effective than Google

Infabode is positioning itself as an information hub for the global real estate market. In an interview with ACROSS, Founder and CEO Matt Partridge explains how the European shopping center industry benefits from the platform.

“Virtuality is a magnet word”

Il Centro in Milan, Bonarka City Center in Krakow, and Westfield in London stand out from the mass of European malls, says Árpád Török, CEO of TriGranit. The latter in particular because of its focus on virtual reality.

Focus on Visitors and their Comfort

Many criteria must be fulfilled for a shopping center to function nowadays. The experts on ACROSS’s Advisory Board responded to a survey about criteria for success and named their favorite malls.

Events

REVO CONFERENCE & EXHIBITION 2017, SEPTEMBER 19 – 21, LIVERPOOL, UK

The Revo Conference & Exhibition in Liverpool brings together influential players from across the sector — owners/investors, developers, retailers, retail property agents, professional service consultants, a host of leading service providers, public sector representatives, and retail, food, beverage, and leisure occupiers and operators.

Expo Real 2017, October 4 – 6, Munich, Germany

The real estate industry is booming in 2017 and there is great interest in Expo Real in Munich from October 4 to 6 — ideal conditions for successful networking and specific business deals. The focus will be on technological innovation and digitalization.

COMPLETELY RETAIL MARKETPLACE WESTERN EUROPE, SEPTEMBER 6, 2017, AMSTERDAM, NETHERLANDS

Completely Retail Marketplace is a deals-focused networking event held exclusively for brands and property professionals working in the retail & leisure sector.

MAPIC 2017, November 15-17, Cannes, France

Food & Beverage will be at the centre of MAPIC 2017. Today, a third of consumers claim they only visit a mall to eat or drink. Food services are largely transforming shopping centres into convivial lifestyle venues.

9th German Retail Warehouses Summit 2017, October 23 – 24, Dusseldorf, Germany

The 9th German Retail Warehouses Summit (Deutscher Fachmarkt-Immobilienkongress), with the motto “Information creates the future,” will be held at the Van der Valk Airporthotel in Dusseldorf on October 23 and 24.

ICSC`s Retail Real Estate Innovation Forum | September 13, 2017 — Berlin, Germany

Discover how innovation is transforming cities, business models and the retail real estate industry!

Development

Projects & Openings Europe

Germany, Erlangen Arcaden | Bosnia Herzegovina, Delta Planet | Italy, ESP | Poland, Galeria Emka | Sweden, Kulan | Finland, Niity | Germany, Rhein-Galerie Ludwigshafen | United Kingdom, Rushden Lakes

„DIE VIA“ – the journey is the reward

End of July 2017 the City Council of the City of Esslingen, Germany gave – by a nearly unanimous decision - green light for the project in general and the Urban Planning Contract in particular.

Projects & Openings International

Sur Yapı Marka in Turkey, Doha Festival City in Qatar, Midland Gate and 80 Collins in Australia

Exciting architecture and holistic design concept in the Mall of Switzerland

The Mall of Switzerland is unique not only because of its innovative design, but also its un-paralleled and welcoming architecture, as well as an emotive retail concept with distinctive elements such as jumping facades.

The Pop-Up trend has reached Quartier du Flon

Located in the heart of Lausanne, this contemporary and innovative area has developed into a vibrant shopping and entertainment place, well-known for its numerous boutiques, restaurants and leisure offer.

Projects & Openings Europe

Eperia, Slovakia | Meadowhall, United Kingdom | Shopping Center on Kashirskoye Highway, Russia | Hoog Catharijne, Netherlands | Überseequartier, Germany | Tunsgate Quarter, United Kingdom | Kaufpark Eiche, Germany | Agora Budapest, Hungary

Center Management
RETAIL TECHNOLOGY

Big brother reloaded | retail technology at intu

Audience recognition cameras in intu Victoria Centre in Nottingham will ensure that customers receive personalized content.

Tally 4.0

The history of counting customer frequency appears to lead to blanket Wi-Fi coverage. This makes it all the more surprising that coherent Wi-Fi strategies are still the exception rather than the rule among German retailers.

THELEISUREWAY COLUMN

DRIVING LEISURE INNOVATION

Innovation is a “buzzword”—and buzzes around theleisureway’s studio like a bee in a car.

Foodservice Column

IT IS ALL ABOUT PLEASURE…

Foodservice Column by Jonathan Doughty, Regional Director & Head of JLL Foodservice Consulting.

Digital Prospects for Shopping Centers

Around 50 retail real estate industry experts met in Frankfurt for the second “innovation incubator.” The theme of the workshop hosted by the German facility services expert Wisag was “Digital prospects for shopping centers and retail properties.”

The new power couple

How to build a stronger relationship between developers and retailers.

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Retail
RETAIL TECHNOLOGY

Big brother reloaded | retail technology at intu

Audience recognition cameras in intu Victoria Centre in Nottingham will ensure that customers receive personalized content.

RETAIL TECHNOLOGY

Big brother reloaded | retail technology at intu

Audience recognition cameras in intu Victoria Centre in Nottingham will ensure that customers receive personalized content.

From Digital to Physical

Fashion brands lead the pureplay-to-omnichannel transition as the role of physical stores in the UK evolves.

Retail Technology: Launch of Hyper-Reality Experience

“Tick Tock Unlock” makes Trinity Leeds the first shopping center in the United Kingdom to provide a VR-powered hyper-reality experience to its customers.

“The complexity has increased enormously”

According to Martin Wendsche, Managing Director for ISG in CEE, lounge concepts and integrated gastronomy are now part and parcel of shopfitting.

Holymesh as Winner of the “First Store by Alexa” Competition

Alexa visitors and Facebook fans, along with an expert jury in a final session, evaluated three finalists from the “Best Newcomer” category.

Factory Outlets

MCARTHURGLEN DESIGNER OUTLET PROVENCE PRESENTS: ‘RODIN AND HIS CONTEMPORARIES’

McArthurGlen Designer Outlet Provence presents ‘Rodin and his contemporaries’, an exhibition of 22 rare and iconic bronzes from the 19th and 20th centuries.

PREMIUM RETAIL OFFERING AT PRAGUE THE STYLE OUTLETS

Prague The Style Outlets will introduce the international platform The Style Outlets into the Czech Republic. Refurbishment works are now underway to create a premium outlet destination.

“The Outlet Market Quickly Identifies Weak Projects”

According to Bożena Gierszewska-Mroziewicz, Head of Neinver Poland, outlet centers are moving forward to offer a complete experience that responds to growing expectations.

“Gastronomy offer is a win-or-lose issue”

What customers have long demanded of malls is now being demanded of designer outlets. They must offer customers more than shopping, says Henrik Madsen, Managing Director Northern Europe at McArthurGlen, in an interview with ACROSS.

Rioja Developments and Buckminster work together

Designer Outlet Village in Grantham planned.

Everything’s New at Fashion Outlet Parndorf

Parndorf Fashion Outlet, located between Vienna and Bratislava, is undergoing a comprehensive relaunch. A new Art Nouveau style, new roads and entrances, new retail space, and a new center management self-run by the owner should multiply customer frequency.

Investment

Passionate expertise

TREC Real Estate Consulting GmbH was founded in 2014 in Düsseldorf. The company focuses on investment management and commercial property-management for retail properties. What the four shareholders have in common is their professional position, their wealth of expertise as well as their joy in doing their job.

Delancey and Land Securities divest

Land Securities and Delancey have exited The Metro Shopping Fund.

Commerz Real buys Forum City Mühlheim, Germany

Commerz Real has acquired the 47,300-sq-m “Forum City Mühlheim” for its open-ended real estate fund “hausInvest.”

News on Ada Mall: Binding term sheet for financing

GTC S.A. has signed a binding term sheet for the financing of construction of Ada Mall, its first retail investment in Belgrade. The agreement concluded with Banca Intesa Beograd, VUB, and PBZ (all banks of the Intesa Sanpaolo group) amounts to €64 million.

Bouwfonds IM with Dutch convenience shopping center initiative

250 million euros will be invested in the upcoming years.

Strong Annual Growth in Germany

Around €3.8 billion were invested in the German retail market in the first three months of 2017.

Studies & Reports

EUROPEAN RETAIL IN 2017

GfK study on key retail indicators: 2016 review and 2017 forecast.

ICSC

No “One-Size Fits All” Optimum Solution

The ICSC recently published its study “The Successful Integration of Food & Beverage Within Retail Real Estate.” Here is a summary of its findings.

International Retailers Are Focusing on Vienna

The Austrian capital is very popular with international retailers.

It Could Be Rosier…

Experts continue to fear a drop in sales in retail stores, falling demand for retail space, and store closures. That is the essence of the “4th Shopping Center Market Report Switzerland 2017.”

Polish Stagnation

According to Colliers International’s “Poland Market Insights—Annual Report 2017,” only about 400,000 sq m of new retail space was created in 2016. This is one third less than in 2015. Around 400,000 sq m are expected for this year as well.

The Successful Integration of Food & Beverage into Shopping Centers

In order to provide the retail and leisure industry with guidance and insight to navigate the opportunity posed by F&B, the ICSC commissioned JLL to carry out a global study. It should provide a holistic, 360-degree view of the current landscape, challenges, risks, opportunities, and future outlook for foodservice within the shopping center space.