Daily Archives: May 17, 2015

CONTRUCTION PROGRESSING IN GDANSK

The 34,000-sq-m Galeria Metropolia is located at the Gdansk Wrzeszcz train station and is emerging on schedule. About 230 people work on the construction site every day, and these are also joined by subcontractors. The most advanced works are being … Continue reading

“SHOPPING BY ACCIDENT”

ACROSS: MR. MICHAELY, YOU WANT TO GROW STRONGLY IN RUSSIA. IF WE COUNTED CORRECTLY IN YOUR PRESEN-TATION, IKEA WISHES TO DEVELOP AROUND 10 NEW SHOPPING CENTERS IN THE NEXT 10 YEARS. IS THAT RIGHT? ARMIN MICHAELY: Basically, yes. That is … Continue reading

IKEA’S NEW PRIDE

Ikea Shopping Centers Russia is investing €260 million to develop a new, 215,000-square-meter, modern shopping mall in Mytischi, northeast of Moscow. Mega Mytischi will be one of Europe’s largest shopping centers and is set to attract a raft of international … Continue reading

“WE CREATE A BETTER EXPERIENCE FOR GERMAN CUSTOMERS”

ACROSS: UNIBAIL-RODAMCO INCREASED ITS STAKE IN THE MFI AG TO MORE THAN 91% THIS PAST SUMMER. HOW DOES THAT AFFECT MFI’S STRATEGY? HAS THIS CHANGED ANYTHING IN ITS BUSINESS MODEL? KARL REINITZHUBER: There are three main points that have guided … Continue reading