Management | Ticker
“The way shopping centers are operated today is completely different from the way they used to be”
For more than 20 years, MPC Properties has been a major player in Serbia and the SEE region. CEO Maxence Liagre spoke with ACROSS Magazine editor Reinhard Winiwarter about the challenges and characteristics of the SEE ma...
Feature | Ticker
Special Issue “Mixed Use Developments Update”
We present our Online Special "Mixed Use Developments Update"....
Factory Outlets | Ticker
NEINVER CONTINUES TO GROW IN EUROPE
The Style Outlets is expanding again with a new project under construction: Alpes The Style Outlets....
Retail | Ticker
Top 20 Store Openings to Watch in July 2022
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for July 2022. ...
Proptech | Ticker
Improving the Customer Experience through the Lens of Data
Landlords, tenants, and service providers have to collaborate with each other in order to create the best customer experience. Data helps when it comes to making better decisions. PropTech enables landlords to connect us...
PropTech solution enables easier and faster sales reporting across retail real estate sector Retail property owners and managers across Europe are removing friction from the process of collecting tenants’ turnover data by using Cha...
The annual awards program recognizes innovation in the global real estate technology industry. The company wins the awards for second year in a row with Tenant Connect.
Bafood, a Ukrainian delivery-first restaurant concept, has joined the list of tenants of the FOCUS building in Warsaw. JLL Poland, a leader in the country’s real estate consulting sector, assisted in the leasing side in the transaction.
British menswear brand, Charles Tyrwhitt, has officially unveiled the first of its new store design at centre:mk, one of the top 10 retail destinations in the UK.
Icon Outlet at The O2, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The opening coincides with a record-breaking summer trading period across The O2’s Entertainment District and Icon Outlet.
VIA Outlets, the industry-leading owner-operator in redefining the outlet shopping experience across 11 premium outlets in Europe, announces the appointment of Thierry Seang as Investment Director.
Cain International has agreed two new leases with independents at its mixed-use Islington Square development. Between them, The Bottle Cocktail Shop and Treat Medispa will take 130 sq m in the north London destination as it continues to attract independent brands, with the retail and leisure space now approaching being 90% let.
Investors feel safe again in Poland. The total volume of investment transactions in H1 2022 amounted to almost 2.9 billion Euro, which was more than 40% more than in the same period last year. 28% of all investments were made in the shopping center sector.
In times of unpredictability, marketing spending is usually the first candidate for budget cuts. Marketing management in the commercial real estate sector must be highly focussed on the issues that are fundamental to the business of property owners which directly contributes to increasing their value.
Racing after numbers, reading year-end reports, statistics and percentages: this chase is not but characterized by a kind of tunnel view, which limits the possibilities of growth. If you want to adapt, you need to consider every aspect of your target audience to keep on top of the changes in consumer behavior. Footfall is reflecting your detailed expertise, not producing it. What businesses need is direct connection to their customers: establish a relationship, explore needs and demands, and use the right tools to aid this pursuit.
Since the beginning of the pandemic, the message to the UK has been to shop local and support your community during the incredibly difficult period that we all faced. Even as town and city centers began to open up again, independent retailers have maintained their position in the spotlight of the retail industry, be it bricks and mortar or online.
Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.
“It is imperative for shopping centers to become part of the e-commerce economy; otherwise, your business will decline in the upcoming years.”
“Our addiction to fossil fuels is pushing humanity to the brink. We face a stark choice: Either we stop it–or it stops us. It’s time to say: enough.”
The construction of Eurovea’s expansion is in full swing. The shopping mall will be opening in April 2023 in full size and in a new design. The project is a clear symbol and indicator for the ungoing mixed-use trend.
Reify. is Sonae Sierra´s rebranding of its real estate expertise activity which reinforces its commitment to offering multidisciplinary services to investors and developers. ACROSS spoke with Jorge Morgadinho, Reify.’s Executive Director, about the first business year after the rebranding.
Nhood Services Italy became a service provider for the urban transformation project of Waterfront di Levante, located in Genoa. Due to the special architectural solutions made by Renzo Piano, Waterfront can be described as a low environmental impact project for the city.
Property developer and asset manager, Sovereign Centros, has submitted a planning application outlining its masterplan proposals for the reimagination of St. Enoch Center in Glasgow. The mixed-use development puts focus on retail, leisure, entertainment, hotel, offices, and city center living.
Iulius Group is launching a new investment in Cluj-Napoca: more than half a billion Euros for their urban regeneration project in Romania.
Deutsche Immobilien-Gruppe (DI Group) is now investing more than €12 million in the expansion and renewal of its shopping center "Rathaus Center Pankow". The extension will create about 2,100 sq m, 7% more space.
For more than 20 years, MPC Properties has been a major player in Serbia and the SEE region. CEO Maxence Liagre spoke with ACROSS Magazine editor Reinhard Winiwarter about the challenges and characteristics of the SEE market, about why redevelopment and diversification are the tasks to be undertaken today, and about how a common e-commerce strategy can be found.
Multi Germany GmbH, part of Multi Corporation, a leading pan-European integrated service platform for retail real estate assets in Europe, took over the management of six shopping center in Berlin, Bochum, Dorsten, Hagen und Potsdam as of July 13th, 2022.
After the completion of the mandatory takeover offer of CPI Property Group on IMMOFINANZ, today the Supervisory Board and the members of the Executive Board Dietmar Reindl and Stefan Schönauer mutually agreed in relation to the Change of Control Event, that their contract as board members shall end on the 8th of June 2022. Dietmar Reindl and Stefan Schönauer will continue to work for the Company as advisors to the Executive and Supervisory Board until 31st of December 2022.
Multi Corporation is appointed property and asset manager for Mall of Switzerland, effective June 1, 2022. Mall of Switzerland is a modern, four-storey shopping center with 65,000 sq m of GLA, over 80 shops, a 12-screen cinema, restaurants, leisure options, and a parking garage for 1,600 vehicles.
Sierra Balmain assumes management mandates for three Stage Capital shopping centers in Poland: Pasaż Łódzki, Galeria nad Jeziorem, and CH Osowa.
Recruitments, promotions and appointments...
Investors feel safe again in Poland. The total volume of investment transactions in H1 2022 amounted to almost 2.9 billion Euro, which was more than 40% more than in the same period last year. 28% of all investments were made in the shopping center sector.
Evolve Estates has acquired a prime open-air shopping center in the heart of Lichfield in England, its biggest retail acquisition of 2022.
Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.
Avison Young reports on the property investment market in Poland after Q1 2022.
LaSalle Investment Management has acquired two outlet centers in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon, for £600 million from Nuveen Real Estate.
Mitiska REIM announced the acquisition of Makado Beek retail center from Syntrus Achmea, on behalf of the First Retail International 2 Fund (FRI 2) and in partnership with local co-investment partner and asset manager 3W Real Estate. It is one of the largest retail centers in the Netherlands, attracting over 3 million visitors per year.
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for July 2022.
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for June 2022.
Quo Vadis Retail? Let us discuss how the European retail markets performed in 2022 so far and let us take an ambitious look into the future. The discussants are: Henri Eisenkopf, Senior Investment Manager Union Investment, Herman Kok, Director KERN, Filip Vojtech, Teamlead Sales | Retail, Fashion & Lifestyle bei GfK GeoMarketing and Fabien Stutz, Head of Real Estate C&A.
During my stroll through Düsseldorf's streets, a store immediately caught my eye, both delightful and manageable, but as I said, impossible to miss: the Chicken Crime Department at Ackerstrasse 142 in the creative district of Flingern.
The events of the last few years, increased transparency in general, and last but not least, technology and globalization have resulted in a new kind of customer. These new customers are both mature and competent. Retailers would do well to regard them as such.
In order to become the “center of the community”, retail spaces have to offer public services that people want and need, as well as opportunities for people to come together and build community. That entails, among other things, rethinking the tenant mix to generate footfall as well as creating more events and activities that attract people.
Lillenium Mall has appointed Coniq to launch a new customer engagement and loyalty program that integrates digital applications and omnichannel innovation to create frictionless retail journeys for their customers.
Landlords, tenants, and service providers have to collaborate with each other in order to create the best customer experience. Data helps when it comes to making better decisions. PropTech enables landlords to connect using such data.
The last two years have shown us that nobody can predict the future, but: Understanding detailed customer behavior and responding with specific value and service are no longer “extras” with respect to the retail business model – they are essential to survival.
The Placewise Marketplace Performance Cloud (MPC), a digital operating system developed for retail real estate, will be integrated at 45 shopping centers to provide the most advanced modern shopping experience to NEPI’s combined annual 244 million shoppers.
Multi Corporation has launched the "Multi Forum" tenant experience app to further improve management of its assets. Powered by Chainels, the tenant experience app is a user-friendly portal available in website and app formats.
One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.
Food halls contradict the traditional real estate model. However, they are a successful format attracting all generations. Here are some examples from Poland.
Gravity Active Entertainment and Grosvenor, co-owner and asset manager of Liverpool ONE, announce plans for a 9,290 sq m active experience at the retail destination.
Potsdamer Platz in Berlin will become an arcade game haven this summer. Gamestate will launch an entertainment center inside the Arkaden mall, which will open as a high-street venue after a two-year period of restructuring and modernizing.
Unibail-Rodamco-Westfield (URW) brings Culturespaces on board as the key partner for the mixed-use quarter's art, culture, and edutainment segment. With Port des Lumières, Culturespaces will open a branch of its digital art center in Westfield Hamburg-Überseequartier, which will cover an area of around 3,100 sq m.
LabTech, owners of Camden Market (London), have announced the signing of a UK debut site for Babylon Park, a new family entertainment leisure concept, at Camden Market Hawley Wharf (shopping & dining destination).
Brookfield Properties has concluded a strategic deal with Manifesto Market to join the redesigned Potsdamer Platz in Berlin. Both were supported by ECE Marketplaces. Manifesto will operate a flagship food hub of 4,400 sq m.
One crisis follows the next. While retailers faced nationwide lockdowns, restrictions based on testing, vaccination, or recovery, and already disrupted supply chains last year, the war in Ukraine is bringing the issue of “consumer pricing” to the forefront. Additionally, supply chain disruptions and record energy prices are leading to unseen inflation rates in many European countries for several decades.
Results for the 1st quarter 2022.
What the Consumer Really Wants | Stay well informed on the issues of today and tomorrow!
Avison Young reports on the property investment market in Poland after Q1 2022.
Stay well Informed about the issues of today and tomorrow!
The Polish investment market has quickly adjusted to the changes caused by the pandemic. The retail market is still spearheaded by retail parks, which have been increasingly popular among investors for the past three years.
