Yearly Archives: 2015

Tricks of the trade for shopping center survival

BY NEIL HOCKIN Being a geographically small country with strong transport links, consumers are prepared to travel to regionally dominant destinations where they are able to enjoy a full retail experience. This, combined with increasing competition from the internet, has … Continue reading

Largest commercial and residential facility in Montenegro opened

At a grand, official meeting on September 18 in Podgorica, Capital Investment (CI), in collaboration with Abu Dhabi Financial Group (ADFG), officially opened The Capital Plaza. It is the largest mixed-use real estate development in Montenegro, occupying about 93,000 sq … Continue reading

A Lesson in Foodservice Economics

BY JONATHAN DOUGHTY There are many indicators to point to the increased comfort that our customers, our “guests”, are feeling, but the most obvious and easy one to measure is their spend on foodservice in shopping centers. Typically this data … Continue reading

Turnover turbo for shops

ACROSS: Shopkick is already on everyone’s lips in the US. What business model does it pursue? CYRIAC ROEDING: Shopkick is a shopping app that makes shopping rewarding, more enjoyable, and more personal. It does this by rewarding users with points … Continue reading

Ukraine’s Retail Real Estate – Survival Strategy

The downward movement of Ukraine’s macroeconomic situation in Ukraine in 2014 and the first half of 2015 did not help the performance of the retail real estate market. According to UTG, the result is that this segment was characterized by … Continue reading

81,000 sq m of New Retail Space for the Belgian Capital

Uplace Brussels blends more than 300 shops featuring 81,000 sq m of stores, cosmopolitan bars, and restaurants; 52,000 sq m of international prime office space; 19,500 sq m of recreation facilities such as a deluxe cinema and theater; a trendy, … Continue reading

It’s time to check out Spain!

BY JAVIER HORTELANO DE LA LASTRA During the last months, we have been observing how national and international investors’ confidence has come back to Spain. If we just look at real estate investment transactions, we can see that, in the … Continue reading

The Shopping Center on Seoul’s “Wall Street”

Developed by AIG Global Real Estate and managed by Taubman Asia, the IFC Mall counts fashion-conscious urban workers in their 20s to 40s as its main customers. This is no surprise: The abbreviation “IFC” stands for “International Finance Center.” This … Continue reading

Christmas for individualists

Sachsen-Allee is an ECE center in Chemnitz. The city sees itself as the gateway to the Ore Mountains. Ore mountain Christmas decorations can be found everywhere in this area. First Christmas’s designers are plumping for grandeur. Chief designer Jule Beck: … Continue reading

Target Group: Tourists

People don’t travel to London just to visit Big Ben, Tower Bridge, Buckingham Palace, Hyde Park, and the countless other attractions, but also to go on shopping sprees. This vacation combination is not new. A recent study by Savills reveals … Continue reading

“You have to grab tourists where you find them”

ACROSS: What do tourists mean for Alexa in Berlin? OLIVER HANNA: Tourists are enormously important for our center as a target group. We are right on Alexanderplatz, a historic part of Berlin. It wasn’t always that way. I can still … Continue reading

Strengthening the industry’s voice

ACROSS: You were appointed Chief Executive of BCSC in June. What have the first months in your new role looked like? JOHN COYNE: I have taken my first hundred days which will end with the BCSC Conference & Exhibition 2015 … Continue reading

Concentrating its presence in countries

  ACROSS: Please briefly outline Immofinanz’s European retail portfolio (excluding Russia), for which you have been responsible since the end of July. NICOLAS FERNANDEZ DE RETANA: It is a very exciting portfolio with development opportunities. It consists of two product … Continue reading

If everything in retail stays different

BY MORITZ FELIX LÜCK This question drives investors, operators, and tenants of retail parks. In July, the GfK produced the first verifiable study on the development of e-commerce and its impact on the demand for retail space. Using comprehensive data … Continue reading

Downtown Mall Opens in Upper Austria

On August 28, a flagship project for downtown retail opened its doors. SES Spar European Shopping Centers Opened a modern shopping district with 22,000 sq m of rentable area in the heart of Ried im Innkreis (Upper Austria). It’s called … Continue reading

How an airplane raises visitor frequency

The case study is on a project called “The Plane.” After an exhaustive analysis of the shopping center with which theleisureway was working and its area of influence in this project, the company noticed a high population density of children … Continue reading

Another Riviera

The Riviera Shopping & Entertainment Center will be located on the Moscow River embankment and one of the main highways of the city – the Third Transport Ring Road (TRR). The architecture, efficient layouts, and panoramic views of the river … Continue reading

On the necessity of collecting tenants’ energy data

BY DERK WELLING It has definitely become more important over the years, with many of my peers paying serious attention to making their assets more sustainable. I feel encouraged by that, but, at the same time, I am starting to … Continue reading

Movement on Mölndal Galleria in Sweden

“We are pleased that construction has now started. The interest from tenants has been high and today more than half of the retail space is leased, including anchors such as H&M, Systembolaget, and Lindex, as well as a large Ica … Continue reading

Zurich Airport is the largest mall in Switzerland

After six years of intensive preparations, preparatory and underground work started on “The Circle” at Zurich Airport earlier this year. The completion of the first stage of the project, which is the largest building site in Switzerland, is planned for … Continue reading