Sustainability has earned an important role in the retail property sector in recent years and sustainability goals are now a pillar of outlet centers’ strategies.
Recruitments, promotions and appointments in the European Retail Real Estate Industry
Consumers are dramatically changing their shopping habits and preferences and we, the service and product suppliers, must anticipate these changes and respect and cater to them.
Competition from online retailers is forcing shopping centers to reassess their retail concepts.
Just a few years back, the idea of an IoT (Internet of Things) toilet seemed absurd, but if you think about it closely, it really does make sense.
Our shopping journeys might look radically different in the foreseeable future.
Coming soon: EHI Omnichannel Days will be held in Cologne on June 20-21, 2017.
The academy’s curriculum has been re-designed with leading experts and practitioners in retail real estate, providing participants with a practical, real-life experience that will strengthen their skills.
Under the aegis of the Conseil National des Centres Commerciaux (French Council of Shopping Centers), Siec is an anticipated and recognized business event for all French and European industry players.
On 7–8 June at National Stadium in Warsaw the 4th edition of the ReDI Fair, the largest retail real estate industry event in Central and Eastern Europe, will take place.
Arty Quartier du Flon: Quartier du Flon is a private district owned by Mobimo, one of the leading real estate companies in Switzerland.
Shoptalk Europe, the new pan-European event that is leading the development of a modern retail and ecommerce conversation and community of innovators, released its preliminary agenda with an initial lineup of speakers that already includes 70+ C-level executives.
The CityLife Shopping District in Lombary’s metropolis will measure 32,000 sq m GLA. Sonae Sierra says it will be Italy’s largest urban mall.
The Freo Group is responsible for the Mall of Switzerland’s project development and marketing. In an interview with ACROSS, Nikolas Löhr, Director of Retail Marketing, explained what makes the shopping center special with respect to its leisure facilities.
A city center location is always more complicated, expensive, and time-consuming for new retail projects than an alternative on the periphery. Despite these hurdles, investors and developers have created projects across Europe that not only serve existing markets but are also catalysts for growing demand and transforming cities.
FRANCE Créteil Soleil | GERMANY Löhr-Center and PEP | ITALY Adigeo | POLAND Forum Gdańsk and Janki | RUSSIA Riviera | SERBIA Ada Mall | UNITED KINGDOM Eden Walk and The Glass Works
According to Marcin Materny, member of the management board and managing director of the retail department at Echo Investment, there is no potential for traditional shopping centers in Poland. The reason is that the time has come for focusing on spectacular projects like the company’s “Towarowa 22.”
The architecture firm Gensler approaches its work from the assumption that consumers go to physical stores for the experience — and want a seamless brand experience too.
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.”
How to build a stronger relationship between developers and retailers.
Are you sitting comfortably? Are you relaxed, open to ideas? Willing to disconnect and get some “you time”? Let theleisureway (TLW) take you away.
Foodservice Column by Jonathan Doughty.
I’m with my theleisureway colleagues, Pablo and Carlos, in a place in the old center of Zaragoza. It’s a tapas bar, I confess, but I might justify it by saying that it would tick a lot of boxes as one of Ray Oldenburg’s “Great Good Places.”
So, we have arrived in 2017, the world is changing again and this year promises to be one of the most “interesting” for a long, long time.
“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.
According to Martin Wendsche, Managing Director for ISG in CEE, lounge concepts and integrated gastronomy are now part and parcel of shopfitting.
Alexa visitors and Facebook fans, along with an expert jury in a final session, evaluated three finalists from the “Best Newcomer” category.
Online retail is increasingly shaking up tenant mixes in Europe’s cities. The bricks-and-mortar trade is desperately seeking innovative concepts.
Hardware, software, analysis—the holistic “smart tracking” solutions developed by the Digital Retail experts at Umdasch Shopfitting provide extensive information about customer behavior in shopping malls and stores.
An international jury of experts commissioned by EHI and Messe Dusseldorf bestowed the most convincing store concepts with the EuroShop Retail Design Award again this year.
According to Bożena Gierszewska-Mroziewicz, Head of Neinver Poland, outlet centers are moving forward to offer a complete experience that responds to growing expectations.
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.
Designer Outlet Village in Grantham planned.
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.
Designer Outlet Roermond, located directly on the border with Germany, won multiple prizes in this year’s “Outlet Center Performance Report Europe.”
JOH will be transformed into Barbarossa. The old department store in Gelnhausen will be a modern outlet center by the spring of 2018.
According to Savills, the Swedish capital is currently the most attractive destination in Europe for shopping center investments due to its reputation as a “safe haven” and its relatively affluent population.
BNP Parisbas Real Estate recently published “At a glance: UK shopping center & out of town retail market, December 2016.” One of the headlines is that investment volumes fell by around a third compared to 2015 for both the retail warehousing and shopping center markets.
Investment in German retail properties is declining. The transaction volume is increasing significantly only in retail parks. Retail parks currently offer good investment opportunities in the UK as well.
According to Stephan Austrup, Head of Retail in Germany at TH Real Estate, omni-channeling and digitalization are key drivers of change. In all acquisitions and in business plans for existing portfolios, he therefore considers the impact of this change on retail formats, retailers’ required floor plans, and whether the property provides the necessary layout flexibility.
TriGranit recently sold Bonarka City Center (BCC). CEO Árpád Török spoke with ACROSS, among other things, about a very eventful 2016.
The Scottish city has witnessed the highest number of new restaurant openings in the United Kingdom outside London. Anne Murray, Group Manager Inward Investment at InvestGlasgow, is helping retailers to use this to counter competition from the internet.
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.”
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.
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.
Effective retail places use leisure, technology, and planning to lure shoppers, who now want shopping to be both functional and social.
The distribution of online potential for product groups such as food, clothing, consumer electronics and DIY items differs substantially from region to region. Recently GfK published its findings in the first-ever study on regional online potential for 17 product groups in Germany.
How the United Kingdom’s exit from the European Union will affect the British shopping center industry.