Yearly Archives: 2015

Joint venture for Designer Outlet Algarve established

This is part of the larger Algarve Shopping complex, with a total lettable area of 82,000 sq m, and is located in the municipality of Loulé. It is designed to appeal equally to residents and tourists. The 110 shops will … Continue reading

Singapore’s first naturally-cooled mall

Owned and managed by CapitaLand Mall Asia, The Star Vista is an urban retail sanctuary set within a uniquely integrated and natural environment. Strategically located within one-north (Singapore’s biomedical, infocomm technology, and media hub), it is the first major mall … Continue reading

Leisure as a differentiating element

Leisure has traditionally been perceived as part of the retail offer, to which the shopping center should devote a certain area for cinemas, bowling alleys, games, etc. Nowadays, however, leisure is starting to be perceived from a more strategic point … Continue reading

21,000 square meters more

The project expanded the existing mall by 21,000 sq m in two stages while remaining open for business. The existing scheme was also completely revitalized. The new Fischapark now hosts 120 stores with an attractive mix of top international brands … Continue reading

Sustainability in Shopping Malls – Is It Just an Empty Phrase?

BY RAINER STILLER Whether shopping malls are really sustainable buildings is something we should view somewhat skeptically, in my opinion, if the expected space used, energy consumed, and volume of traffic are considered. The approach is to counter this by … Continue reading

Shopping center development in the UK is increasing

This figure consists of schemes that are either under construction or with consent and likely to proceed. The pipeline increases to 1.48 million sq m when looking at all schemes to 2021, including those that may not necessarily go ahead … Continue reading

Commercial Real Estate as a Gordian Knot

BY RAINER KUNDÖRFER The developer scene has reacted to this declining willingness to expand for several years by offering significantly fewer projects in saturated markets like Germany and Austria. The market’s skepticism also derives from the mediocre success of the … Continue reading

How Cinemas Can Overcome the “Sofa Trap”

BY CHRISTOF PAPOUSEK The convenience of home entertainment is certainly impressive, especially in markets with high purchasing power and good development of the general private living environment. How can cinemas overcome the “sofa trap”? Here is a brief presentation of … Continue reading

Star-Spangled Projects

        Dania Pointe, Dania Beach (Florida) Dania Pointe is a 40-hectare, premier mixed-use development with 100,000 sq m of retail and restaurant space, in addition to Class A offices, hotels, luxury apartments, and public event space. Its … Continue reading

Starting Shot for a Mall in Lviv

On September 25, Forum Lviv opened its doors to the public and welcomed thousands of shoppers and curious Lviv residents. The scheme is Multi’s first shopping center in Ukraine. It is located in the historic inner city of Lviv and … Continue reading

The management of retail parks needs radical rethinking

The necessity of strict customer orientation results from the fact that added value in the field of retail parks and hybrid centers will in future lie predominantly in the management of existing properties. Large-scale new developments have already become the … Continue reading

Megatrends

BY JÖRG F. BITZER At first glance, you would think that the online trade would be bad for “bricks & mortar” retailers, but it is actually just a new challenge. Retailers need to act quickly, but also deliberately and creatively. … Continue reading

Remarkable Developments

      L’Esplanade Located at the heart of Belgium’s wealthiest province of Walloon Brabant, Louvain-la-Neuve’s attraction is enhanced by its university and 231-hectare science park. L’Esplanade has grown consistently in this region of economic and demographic expansion since it … Continue reading

Big Data and Shopping Centers

BY ALEXANDER OTTO The same way digitization revolutionized the shopping world with regard to e-commerce and customer services, it will change the back office and the B2B landscape. We have already collected a large quantity of data about our centers … Continue reading

Retail Meets Culture

The Vienna State Opera is without a doubt among the ultimate attractions in the Austrian capital. The Vienna Opera Ball, in which celebrities from far and wide waltz across the dance floor, takes place each year in the magnificent building, … Continue reading

When shop windows tell stories

ACROSS: What is visual marketing? Michael Scheithauer: We view visual marketing with a holistic, 360-degree approach. Visual marketing actually begins right at the top, in the marketing department and its advertising campaigns. A company’s campaigns are then – to put … Continue reading

Where is best to invest?

BY ALICE BREHENY With several market indicators showing a small increase in consumer confidence, coupled with more positive economic outlooks for many European countries, the retail sector has increasingly been on investors’ radars. Traditionally a sector that has shown relative … Continue reading

Strategic imperative: Get to know the “New Shopper”

BY MANUEL JAHN Along with marginal sociographic data, they shape consumer behavior considerably. Current GfK surveys confirm that the “new shoppers,” i.e. the emerging “digital native” consumers that will determine the future, do not just shop online. Although online information … Continue reading

KPI – Key Performance Indicators

BY STEFFEN HOFMANN There is a lot going on! You don’t need to be an expert to predict that, in terms of transaction volumes, Q4 2015 can easily become one of the busiest quarters in the history of the European … Continue reading

“A Stand-Alone Product”

ACROSS: The Mall of Switzerland project has been around for a long time. Please explain its genesis. BERND HOFER: The project idea has actually been around for 10 to 12 years. The basic idea has always been to make a … Continue reading