In 2016, CBRE expects to see the global economic recovery continue at a steady pace, with modestly improving growth in many mature markets. However, there are potential headwinds on the horizon: rising interest rates in the U.S., a depreciation of … Continue reading
ACROSS: What can the participants expect from the Umdasch Shop Expedition from November 14 to 18, 2016, in Tokyo? CHRISTIAN MIKUNDA: This is already Umdasch Shopfitting’s fifth shop dramaturgy learning expedition in the Japanese capital. Let me explain briefly how … Continue reading
The total area of the 13 outlet centers currently operating in the Polish market is now more than 213,000 sq m. Over the next few years, the market will grow with the addition of new ones in the capital and … Continue reading
According to JLL preliminary estimates, the volume of new Moscow retail supply for 2015 is 7% lower YoY – it comes to 560,000 sq m (GLA). Even despite a record first quarter volume of completions in Moscow – about 250,000 … Continue reading
By Ben Chesser However, recent technological advances have now made it possible to launch and run successful center-wide loyalty programs that include all tenants and that can be managed by a relatively small team. When run successfully, center-wide programs can … Continue reading
By Walter Wiese Empathy is the basis for every low-conflict communication and case of successful cooperation. To quote Alfred Adler, founder of Individual Psychology: The secret of a good partnership is to empathize. Empathize. Empathize. When two people meet, different … Continue reading
Located in central Switzerland, just north of tourist hub Lucerne and with excellent access to transport connections, the Mall of Switzerland will offer more than 150 shops and restaurants, supplemented by several fun attractions, such as indoor surfing by Jochen … Continue reading
In early February, a press release made the rounds in the industry. “Ares Management Real Estate Fund Acquires Two Designer Outlet Centers in France in Partnership with McArthurGlen,” was the title. Specifically, Resolution Property divested itself of objects in Troyes … Continue reading
Zsar Outlet Village and Hurppu Horizon Centre, a luxury holiday resort, recently announced a partnership to develop tourist facilities and activities in Virolahti, South-Eastern Finland, by the Baltic Sea. The target is to attract Finnish, Russian, and Asian tourists to … Continue reading
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The most-used shopping app worldwide is shopkick. It connects customers with bricks-and-mortar retailers. shopkick was founded in the USA by Cyriac Roeding in 2010. The app has been available in Germany since October 2014 and currently has more than 1.9 … Continue reading
Expanded strategic joint venture partnership Changed ownership structure at Alegro Setúbal Immochan and the Alaska Permanent Fund Corporation (APFC) have expanded their strategic joint venture partnership through the acquisition of the Alegro Setúbal shopping center in Portugal. The transaction is … Continue reading
Rents on Via Monte Napoleone in Milan rose 41.2% in a single year, making it the fastest-growing high-street rental market in Europe in Q4 2015, ahead of Rome’s Via Condotti (37.5% growth) and Barcelona’s Diagonal (33.3%). Elsewhere, smaller but sharp … Continue reading
By Zoe Ellis-Moore Throughout my time in the industry, it has become clear that, as a profession, we cannot attribute success in a retail property to one single component. Is it about an enticing mix of shops, food, and entertainment? … Continue reading
Foodservice and food courts have been a big trend in malls for some time now. ECE recently published a study on foodservice development. The study shows that 40% of visitors already choose a shopping center primarily based on its foodservice … Continue reading
By David Leech The Pallasades Shopping Center was built in 1971 as part of the redevelopment and expansion of New Street Station in Birmingham. This development created a 13-platform railway station, the busiest outside London, with a single-level shopping center … Continue reading
ACROSS: You opened your first shopping center in Slovakia last year: Forum Poprad. How satisfied are you with the performance? MARK SIEZEN: We are very pleased with both the footfall and the sales. This is also due to the tenants … Continue reading
ACROSS: You were recently appointed as the new Managing Director of IKEA Centres. How many countries are now under your management? And which former shopping center companies are now under the roof of IKEA Centres? Gerard Groener: IKEA Centres was … Continue reading
BY JONATHAN DOUGHTY The shopping center industry is hungry, very hungry. It relies on being fed new tenants and operators to keep the mix interesting and different, to keep attracting the guests to come shopping, and, hopefully, to keep them … Continue reading
Where do people go shopping, spend time with friends and family, or watch a film? Do they prefer to stay in, go out, or a mixture of the two? Whatever their preferences are, they are likely to have a lot … Continue reading
