ACROSS | The European Retail Real Estate Magazine

Opinion

Katharina von Schacky joins ACROSS Advisory Board

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Katharina von Schacky as its new member.

BY KRISTJAN KASK

Is Entertainment Shopping Centers’ Last Hope?

The word “entertainment” has been used quite heavily in connection with malls in the last few years, but what does it mean?

ACROSS ADVISORY BOARD

Daniel Losantos joins ACROSS Advisory Board

Daniel Losantos recently became the latest member of the ACROSS Advisory Board. After being appointed as Managing Director of Neinver in 2012, he became the company’s CEO in October 2015.

BY JITKA KADLČÍKOVÁ

Five Years of Mediation in the Czech Republic

Owners and future owners of shopping malls encounter many situations that may give rise to conflict.

BY SUE SHEPHERD

BETTER DATA FOR BETTER GUEST EXPERIENCES

Modern retail is driven by data. In an increasingly data-dependent world, how can “good data” be used to drive better business performance?

BY AGNIESZKA TOMCZAK-TUZIŃSKA

Malls are learning to talk to their customers

Listening to the customers’ voice, responding to their needs, or even creating them—this is the foundation of modern marketing for our industry.

Events

Christmasworld Has a New Product Segment

Christmas Delights will sweeten the world’s leading exhibition for seasonal and festive decoration in Frankfurt, which takes place from January 26 to 30.

ICSC RECon Europe 2018, MARCH 6, LONDON, UNITED KINGDOM

RECon Europe connects international retailers with Europe’s major retail real estate owners and developers for a single day of deal making.

ICSC EUROPEAN CONFERENCE 2018, APRIL 25 – 26, BARCELONA, SPAIN

ICSC’s European flagship conference at Hotel Fairmont Rey Juan Carlos I will gather over 800 retail real estate industry leaders from around the world to share insights and opportunities.

MAPIC 2017, NOVEMBER 15 – 17, CANNES, FRANCE

Food and beverage will be at the heart of Mapic 2017, which runs from November 15 to 17 in Cannes.

ULI Ireland Conference 2017, October 19, Dublin, Ireland

The ULI Ireland conference will be held on October 19, 2017 at the Convention Centre Dublin.

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.

Development

Brands as a quality promise

STOP SHOPS for retail parks, VIVO! for shopping centers. With these two concepts, IMMOFINANZ ensures a high level of positive name recognition among clients and retailers, reported Gerald Grüll, Head of Asset Management Retail Europe.

Eurovea2 moving ahead

The extension of Eurovea in Bratislava continues in smooth interconnection with the historical city center. It will expand its existing structure in line with its surroundings, thus supporting the development of the Slovak capital as a modern European city on the River Danube.

Eurovea2 moving ahead

The extension of Eurovea in Bratislava continues in smooth interconnection with the historical city center. It will expand its existing structure in line with its surroundings, thus supporting the development of the Slovak capital as a modern European city on the River Danube.

BY MORITZ FELIX LÜCK AND MANUEL JAHN

Are Malls in Germany also Facing Death?

The retail trade is in a state of massive upheaval. The creative destruction unleashed by online commerce has brought in the next stage of evolution. What does this mean for commercial real estate?

THE NEW ECE FOOD EXPERIENCE     

ECE Gastronomy Special | FREE DOWNLOAD

Activity in Serbia’s Second City

NEPI Rockcastle is opening the 150,000-sq-m Promenada Novi Sad at the end of 2018.

Center Management

Do you know your customers?

How Big Data, mobile devices and social media revolutionize traditional customer retention management.

BY JESÚS HERNÁNDEZ ESTEBAN

Big data and new metrics in shopping centers

Visitor traffic and sales are now insufficient for understanding a shopping center’s evolution. New metrics now prevail: tools that allow us to know more about our visitors and their behavior, such as how they interact with our brands and with other competing centers. Such insights are key in an environment of global economic digitalization.

THELEISUREWAY COLUMN

The Leisure Mosaic

It’s cooler here than in the square and the square has been left quiet by August, as the beach has become the destination. I confess, it’s the shade that brought me in.

The Role of Shopping Centers in a Sustainable Future Society

Initially considered the “icons of consumerist society,” shopping centers are now becoming lighthouses of energy efficient systems and sustainable architecture.

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.

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Retail

Opening of the BWT Flagship Store in Moscow

BWT, Europe’s leading company for water technology, with headquarters in Austria, entrusted Umdasch Shopfitting with the design of its first bricks-and-mortar brand world.

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.

Factory Outlets

Bargain hunting in Poland

According a Colliers-report the increasing competition in this market segment will force numerous objects to undergo qualitative changes in order to survive.

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.

Investment
BY DIRK WOLLWEBER AND SONJA SCHRÖER

An Accounting of Operating Cost

Taking the personnel lift to counters or into the abyss of the performance search engine.

A South African in CEE

An example: Hystead recently purchased “The Mall” in Sofia, one of the largest shopping centers in Bulgaria.

Allianz finances Liffey Valley in Dublin

Acting on behalf of several Allianz entities, Allianz Real Estate has closed the financing for Liffey Valley in Dublin.

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.

Hahn Group presents new public AIF

Value-added fund (Pluswertfonds) 168, SB-Warenhaus Kitzingen, was fully placed at the end of July after only eight weeks of marketing.

Apsys refinances Posnania

Apsys has secured the long-term refinancing of Posnania with Berlin Hyp AG, ING Bank Śląski S.A., Société Générale, and Deutsche Postbank AG.

Studies & Reports

City Report Berlin – the place to shop

“Berlin is poor, but sexy.” That’s how Klaus Wowereit, then-mayor of Berlin, characterized the German federal capital in 2003. This mainly referred to the city’s massive debt, which then amounted to around €50 billion.

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.