ACROSS: You recently introduced your “Digital Mall” project in Germany. How digital is the shopping experience in shopping malls really and what digital technology could benefit shopping center operators in the future? SEBASTIAN BAUMANN: The digitalization of the bricks-and-mortar … Continue reading
Customer frequency analysis, which was previously time-consuming, is now feasible thanks to the latest camera technology and software. This incorporates conclusions about purchasing behavior. People Tracking, Checkout Queue, Activity Visualizer, and Gender Recognition are the four latest products by Umdasch … Continue reading
Josip Kardun, the designated CEO of Multi Corporation in Amsterdam, is one of the new members of the ACROSS Advisory Board. Kardun has been a senior executive at Atrium for the past three years, first as COO, and since December … Continue reading
THELEISUREWAY COLUMN BY GASTÓN GAITÁN You can feel the energy, with a lot of new players from places such as Tunisia, Egypt, and Iran alongside more seasoned representations. We are planting the theleisureway (TLW) flag this year with our first, … Continue reading
At the beginning of December, Redevco announced that it had acquired a 5,540-sq-m retail unit in the Dutch city of Rotterdam for €28.5 million on behalf of its investor clients. CEO Andrew Vaughan commented: “The size of the building suits … Continue reading
From the tenant’s point of view, the designer outlet center in Roermond (the Netherlands) is currently the most profitable outlet center in Europe. The center—part of the portfolio of McArthurGlen, the biggest European operator of outlet centers—was already at the … Continue reading
Traders’ expectations for sales and site development are still largely positive. “More retailers are coming under pressure from the nexus of dynamic online retailing, pricing pressure from low margins, declining footfall, and high rent and utility costs, however,” explains Lena … Continue reading
Digital technologies are expected to boost innovation for the real estate industry by creating new products, more efficient processes, and customer-centric solutions. The PropTech Innovation Award, initiated by Union Investment and the German Tech Entrepreneurship Center (GTEC) in Berlin, aims … Continue reading
It is easy to find shopping centers that have marketing activities that include participation in local and national community or charity actions. It is much more difficult to identify brands that, apart from getting involved in the initiatives of various … Continue reading
In the first nine months of 2016, properties worth a total of about €8.8 billion were traded on the German retail investment market, 46% less than the same period last year. All usage types are affected by declining sales. “The … Continue reading
This was still subject to the competition law approval of the EU Commission, however, because with 38 locations at the time, MEC already was the market leader in the retail park segment. It was the first time that the Commission … Continue reading
Posnania is Apsys’s latest flagship project. This mall—in Poland’s Wielkopolska region—combines shopping, service, leisure, and entertainment functions. The 100,000 sq m of GLA house 300 local and global brands, including fashion, services, restaurants, cafes, a multiplex, a billiard club, a … Continue reading
Forum Invest is represented by the project development company Freo Financial & Real Estate Operations GmbH, Berlin. The contract for the new building, which will be built using STRABAG’s “teamconcept” partnership model, totals around €84.3 million, including implementation planning. It … Continue reading
BY JONATHAN DOUGHTY As we turn the page on 2016 and reflect on what a remarkable year it ended up being, our attention turns to the new year and the work that we will be doing around the world in … Continue reading
