Yearly Archives: 2016

The security dilemma

BY ALEXANDER OTTO The present security situation in Western Europe is different to the one five years ago. Though the probability of a major attack is still extremely low, we have experienced a new type of terror in our societies. … Continue reading

Hungary surges ahead

BY TIBOR TATÁR Following the global financial crisis of 2009 and the inevitable slump that followed, the Hungarian economy has finally been granted a long-awaited upgrade to its credit rating after almost five years. Fitch, Moody’s, and S&P have all … Continue reading

The Cinema Year 2017

BY CHRISTOF PAPOUSEK Buzzing successes will characterize the upcoming movie year, such as Fifty Shades of Grey – Fifty Shades Darker, Fast and Furious 8, Despicable Me 3, Pirates of the Caribbean 5 – Salazar’s Revenge, Transformers 5 – The … Continue reading

ACROSS’s Advisory Board Grows

What unites? — in alphabetical order— Christoph Achammer, Chairman of the Board at ATP architects engineers. Image: ATP Joanna Fisher, Managing Director Center Management at ECE. Image: ECE Henrik Madsen, Managing Director Northern Europe at McArthurGlen. Image: McArthurGlen Dietmar Reindl, … Continue reading

Project & Openings Europe

BELGRADE PLAZA, SERBIA The mall will be an addition to the Serbian capital and its neighboring municipalities, as well as the first modern-style shopping and entertainment center in the Palilula district. The project is located between two streets, Višnjička Street … Continue reading

Fresh wind

BY REINHARD WINIWARTER Big Data, retail technology, the rise of online retail, the return of retail to city centers, the security of shopping centers, and constantly changing consumer purchasing behavior and how we react to it are just some of … Continue reading

Cineplexx opened in Serbia and Kosovo

Together with Cineplexx International, the leading Austrian cinema operator is further expanding its operations within the SEE region. After just six months of construction, Cineplexx opened a state-of-the-art multiplex cinema in the third-largest Serbian city of Niš in mid-November. The … Continue reading

Retail Asset Management as a Holistic Approach

ACROSS: MAPIC 2016 is just over. What brought this year’s event in Cannes for TH Real Estate? STEPHAN AUSTRUP: TH Real Estate holds a large retail portfolio, therefore, as one of the key events for the retail industry, MAPIC presents … Continue reading

Are refurbishment projects able to shape the future of the shopping center industry?

BY TONI T. JÖRGENS With the growing impact of re-development projects compared to new builds, refurbished shopping centers will play an important role as the shopping center industry undergoes fundamental changes in customer behavior and business models. How can re-development … Continue reading

Projects & Openings International

AL KOUT MALL, KUWAIT The new shopping center is part of the larger Al Kout development in the Ahmadi Governorate. When completed, it will offer six different experiences including hospitality, shopping, marina, a fishing wharf, leisure, and entertainment. It has … Continue reading

Building permit for Barbarossa – Hesse’s first downtown outlet center

At first glance, however, everything still looks the same. You still see a large building complex that has gotten on in years. This will soon be a thing of the past, however. “The Main-Kinzig district has now approved the building … Continue reading

Green light for Mill Green

Mill Green will inject needed investment into the area, provide an economic boost, and put the area firmly on the designer outlet map. The phased scheme will cost in excess of £110 million (€123 million) and will create over 1,200 … Continue reading

The future of Retail Real Estate

By Jörg F. Bitzer The logic also runs in the other direction: If the objects are attractive in terms of their location, utility, accessibility, and divisibility, for example, then they attract retailers. It is clear that the future of retail … Continue reading

NEINVER enters the Czech market – Partnered with The Prague Outlet

Neinver will be in charge of leasing and retail and property management for this unique project, currently under construction. The joint venture is financed by PPF Bank, part of the PPF Group, one of the leading European investment and asset … Continue reading

Putting retailers, agents, and landlords together

ACROSS: Could you please explain the history and the idea behind Completely Retail Marketplace events? SIMON MILLAR: Completely Retail Marketplace started in the UK five years ago as a direct response to a requirement from the retail property market for … Continue reading

“Emotions can of course arise toward a building”

ACROSS: The BCC transaction process with Rockcastle closed in September. How was the selling process itself? ÁRPÁD TÖRÖK: BCC is one of the best city centers in Krakow and one of our best developments overall from many perspectives. We didn’t … Continue reading

My father: “Listen to the people—it’s music!”

I was nine and it was one of those special days that thread ideas through the years. He’d taken me for an ice-cream, there was the flavor of vanilla, chatter, and the clack, clack of table football punctuated by “goal!” Of … Continue reading

MAPIC 2016

MAPIC—The International Retail Property Market will take place this year from November 16 to 18. The industry once again embarks on its pilgrimage to Cannes in southern France.  On a tour through the halls of the Palais des Festival, we … Continue reading

Projects & Openings Europe

UNITED KINGDOM Chester Northgate The £300-million (€330-million) Chester Northgate scheme is set to deliver around 46,500 sq m of retail, restaurant, and leisure facilities over two phases of construction. The first phase will start in autumn 2017. Picturehouse will operate … Continue reading

Projects & Openings International

AUSTRALIA Galleria The proposed major redevelopment and expansion will see the scheme become a supra-regional center and one of Perth’s leading retail destinations. Vicinity Centres’ Director of Development, Stephen Beer, said: “Receiving this approval for our proposal is a significant … Continue reading