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
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
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 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
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
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
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—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
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
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
RETAIL TECHNOLOGY ACROSS: Tell us about The new Strand. ROB CLARKE: The new Strand is a 38,000-sq-m shopping center located in Merseyside in the United Kingdom. It first opened its doors in the 1960s and is now home to 100 … Continue reading
We have come a long way from those factory outlet centers in industrial districts of America, with their customer base of opportunistic bargain hunters. That was the start of a nascent outlet concept, defined by a lack of management, the … Continue reading
By Marije Braam-Mesken As a rule of thumb, strong anchors attract more than 30% of the total footfall. They are usually the largest stores in a shopping center and are strategically located so that smaller retailers can profit from customer … Continue reading
RETAIL TECHNOLOGY Everyone reading this article probably has enough data. Whether it is LinkedIn saying how many people clicked on your profile, a spreadsheet of yesterday’s sales figures, or a prediction of what FX rates will be in 2017, it … Continue reading
ACROSS: What makes online retailers want to open up a bricks-and-mortar business? KAI HUDETZ: The possibility of boosting sales and profits is definitely not always the driver. Retailers’ motivations can be compared with those of manufacturers. The ultimate aim is … Continue reading
Retail parks are booming in Europe: According to a study by Cushman & Wakefield, 1.3 million sq m of new retail space will be added in retail parks by the end of 2016. The area of newly-built retail parks in … Continue reading
The GfK study is based in part on anonymous and aggregated channel-specific purchasing data from GfK’s consumer panels for the product groups in question. Using geostatistical comparisons, GfK’s experts determined the regional online potential for 17 product groups for all … Continue reading
In June 2014, IKEA Centres opened the first LIVAT Centre in China, in Wuxi. The following year, LIVAT Centres opened in Beijing and Wuhan. The centers’ outstanding performance has led LIVAT quickly to become an increasingly recognized brand in China’s … Continue reading
BY RAINER KUNDÖRFER The necessary refurbishment of many existing properties still has not reached the possible or necessary dynamics. The number of expansive retail concepts has shrunk. International and institutional investors, investment companies, and banks ask about track records and … Continue reading
