Volume of completions was below average in 2015, but large projects will be delivered in 2016. Last year, a total of approx. 160,000 sq m was completed; 6% below the five-year average. For 2016, over 250,000 sq m are under … Continue reading
BY CAROLINE GIBSON Nevertheless, while this role has been used to varying degrees of efficiency and success in other sectors, the real estate sector has lagged behind. As the European property market attracts further global investment, appointing a senior advisor … Continue reading
That represents an almost doubling in investment volume compared with the just €9.2-billion figure for 2014. A new record in the German retail investment market was thus achieved in 2015, when the volume slightly exceeded the previous all-time high of … Continue reading
BY JAMES TURNER Building on an increasingly unpredictable global environment in the last six months of last year, we have been dealing with new challenges on almost a daily basis—acts of terrorism in previously “safe” cities, oil prices, the Chinese … Continue reading
BY JOSIP KARDUN The convergence of retail trends in CEE and Western Europe is gaining momentum and, for the first time, the influence of CEE is being felt in the Western European retail sector as the core economies of Poland, … Continue reading
The Polish shopping center market has not been boring over the past few years, but this has been due largely to long-awaited openings of centers in large agglomerations, as well as the sale of large and attractively positioned malls. While … Continue reading
BY JONATHAN DOUGHTY This year is no different, but for the retail property industry, there is a change in attitude and focus also taking place with foodservice. Mapic was highly successful for our business, not just because Cannes is a … Continue reading
BY SEAN CURTIS Centers are often stronger brands in their catchment than an individual retailer, but with a brand-led mindset comes a great responsibility for the marketing department to protect, develop, and grow the brand appropriately. Managed well, strong brands … Continue reading
BY ZOE ELLIS-MOORE That’s a result of both the industry’s misperception of what marketing is and the value it can deliver and the marketing profession’s own shortcomings in making a robust case for what marketing can do and why it’s … Continue reading
BY JULIAN LONG I am convinced someone is stealing months! It feels like it was literally only a few weeks ago that I was unpacking the suitcases from our family holiday to Mallorca in August and now I am panicking … Continue reading
BY IAN HOBSON No longer merely a means of communication, smartphones have become our morning alarms, calendars, note-takers, cameras, gaming devices, and even, for some, personal shoppers or a method of payment. So when we run out of battery, it … Continue reading
According to the report, in 2014, only one shopping center was opened in Latvia’s capital Riga: Maxima XX in Mezciems at the end of the year. Its total area is 7,200 sq m. Other retail developers opened the following new … Continue reading
BY STEFFEN HOFMAN In our previous KPI analysis, we highlighted the importance of four industry-specific KPIs: Footfall Sales Space productivity Occupancy cost ratios There are comprehensive retail market reports and ever so formidable research studies available – free of charge … Continue reading
Set to open in 2017, The Prague Outlet is strategically located next to Václav Havel International Airport and is in close proximity of the city’s heart, which will give it access to Prague’s residential and tourist markets. With live departure … Continue reading
Just one month after the opening of Promenade Sainte-Catherine, the landmark shopping destination developed by Redevco has already welcomed over a million customers. The “haute couture” works in the center of Bordeaux took four years to complete. Designed by the … Continue reading
ACROSS: How important is marketing for a mixed-use-property like Eurovea? HAMMER: Before the opening and during the opening period marketing communication was very different from what it is now. At first it was important to build a brand for … Continue reading
After several relatively subdued years, the retail landscape in Bratislava seems to be coming alive again. This is not because of the amount of retail space added in 2015, which was still relatively small. Instead, it is primarily due to … Continue reading
BY MANUEL JAHN Incessant structural change in the retail sector has always led to the flourishing of new concepts while driving others – sometimes slowly, sometimes almost overnight – out of the market. Shifts in sales in e-commerce are of … Continue reading
On November 23, thousands of lights went on as part of a light installation in the Frankfurt shopping center Myzeil. MK Illumination, Europe’s leader in illumination, created an enormous enchanted forest for the holiday season. Four to six meter-high deer … Continue reading
Industry insiders waited with bated breath for the paper. The time finally came just recently. The International Council of Shopping Centers (ICSC) presented its report “Envision 2020: Redefining Our Industry,” a look at the present and future of the shopping … Continue reading
