Yearly Archives: 2017

Retail Parks and Digitalization: Evolution or Revolution?

By Moritz Felix Lück Digitalization is by no means a new topic. Strictly speaking, it began when computers entered into economic life. You should always keep this in mind if you feel like a person running from modernity. The economy’s … Continue reading

Ready for Cannes

ACROSS: Congratulations on your appointment. What is your first impression of your new position at Neinver? BARBARA SOMOGYIOVA: The first weeks have been marvellous and challenging at the same time. Marvellous because I started working with our four regional leasing … Continue reading

Embracing the Winds of Change

By Bill Kistler Recent hurricanes may challenge the conviction of even ardent climate change deniers. Looking at the retail real estate sector, some analysts have concluded that the forces disrupting our industry represent a proverbial “perfect storm.” Thankfully, the storm … Continue reading

Prague The Style Outlets prepares its grand opening for April 26, 2018

The scheme’s refurbishment is underway to create the ultimate shopping destination for this affluent, cosmopolitan city. It will offer the best of Prague’s shopping districts in one place: the architecture of the old city shopping streets mixed with the atmosphere … Continue reading

Poland – Time for Advanced Outlet Ideas

By Brendon O’Reilly The next several years will be challenging for all market players, however, as new key trends shaping the outlet experience in Western Europe aggressively affect the country. Whether the market is already saturated—with 14 outlet centers delivered … Continue reading

Place changers

My father used to shop. He liked it and I liked to be with him, so I shopped too. Boring shopping, usually: down to the Saturday market in the square, fruit and veg stalls in clusters, and even more boring … Continue reading

Austrian top model Larissa Marolt continues testimonial role for the Freeport Fashion Outlet

The fashion-conscious actress has already taken part in a photo shoot for the new campaign with a stylish ambience created last Saturday by top photographer Stephan Huger. Inspired by redevelopment of the Freeport Fashion Outlet in Vienna Art Nouveau, the … Continue reading

IMMOCHAN ACQUIRES THE PROMENADE DE FLANDRE RETAIL PARK

A long-term investor, Immochan has now acquired Altarea Commerce’s stake in Promenade de Flandre. This Retail Park is located in the petit Menin urban development area whose developer is Immochan France. In 2005, Immochan and Altarea formed the SCI du … Continue reading

First Store winner HOLYMESH Opening

The partners of HOLYMESH are the most famous YouTube-Stars in Germany. The entire store becomes an influencer space and is also a stage, for example during autograph sessions or live streams. For the opening of the shop, iBlali is announced, … Continue reading

Rituals Cosmetics makes a grand entrance with the first Premium Boutique outside London

Located close to Hobbs, Jo Malone and MAC, the 1620 sq ft boutique will launch late November, adding to Grand Central’s established premium offer. The new Rituals Cosmetics premium boutique will feature the brand’s extensive collection of bath, body and … Continue reading

PEOPLE IN THE EUROPEAN RETAIL REAL ESTATE INDUSTRY

BNP Paribas Real Estate Jens Wehmhöner Jens Wehmhöner (39) is the new senior director pan European retail at BNP Paribas Real Estate. He will be based in Hamburg and will be regularly in London and Paris, reporting directly to Fiona … Continue reading

“We are creating places where many people meet”

ACROSS: Please give us an overview of your current projects in Europe. Carsten Heidtmann: First, I want to mention our most recent project, MAR Shopping Algarve, which is scheduled to open at the end of October in Loulé, on Portugal’s … Continue reading

PROJECTS & OPENINGS EUROPE

NETHERLANDS | FORUM ROTTERDAM Multi Netherlands has started work on the major city-center project at Forum Rotterdam, located between Rotterdam’s most important shopping streets, Coolsingel, Binnenwegplein, Lijnbaan, and “Koopgoot.” Once complete, Forum Rotterdam will comprise 64,000 sq m of space for … Continue reading

An award for “First Store by Alexa”

The vision Alexa’s operators, Sonae Sierra and Union Investment, in Berlin was to create a lively, colorful, and distinctive trading place. A modern shopping experience must include diversity and innovation. “First Store” is designed to offer innovative store ideas a … Continue reading

Huma eleven Celebrates Expansion to 50,000 sq m

Huma eleven in Vienna-Simmering (Austria) lies at a traditional retail location. The catchment area extends beyond the populations of Simmering and the city of Vienna to include much of Lower Austria and northern Burgenland. In addition to existing municipal bus … Continue reading

Bargain hunting in Poland

The first Polish outlet center was established in 2002. At present, 14 such facilities are in operation with further projects and locations in the pipeline. In the 15 years this market segment has existed, developers have tried to create the … Continue reading

Is Entertainment Shopping Centers’ Last Hope?

By Kristjan Kask Traditionally, it marks activities people actively participate in, like riding a carrousel or bumper car, clapping hands at a concert, or enjoying a blockbuster in an IMAX. More recently, the shopping center industry has begun to classify … Continue reading

City Report Berlin – the place to shop

Today, it’s at almost €60 billion, but it has at least been declining for some years now. The city has therefore not become richer. Even though Wowereit certainly wasn’t thinking of its shopping centers: What do retailers, project developers, and … Continue reading

Brands as a quality promise

ACROSS: Mr Grüll, IMMOFINANZ recently announced news on the international marketing of your STOP SHOP brand, correct? GERALD GRÜLL: Yes. We now have nearly 70 locations under the STOP SHOP brand in our portfolio and these are now being marketed … Continue reading

An Accounting of Operating Cost

By Dirk Wollweber and Sonja Schröer We are experiencing a time full of penalties for un-invested liquidity and ever-falling entry rates for all types of real estate investments, including those in large-scale retail real estate and shopping centers. Against this … Continue reading