By Zorana Ždrale Burlić The market suffers from a low density of shopping centers when compared to the region and lags behind the European average of retail space per capita. International brands have only a very small presence in the … Continue reading
Scott Dwyer will take up the role of COO for Atrium Europe in October 2017 and will be responsible for the overall operations of the group. Previously he was CEO of Atrium in Poland, where he managed 522,000 sq m … Continue reading
Germany | Erlangen Arcaden Erlangen Arcaden is among the most successful shopping destinations in northern Bavaria. mfi — a division of the Unibail-Rodamco Group — is currently modernizing the center on behalf of TH Real Estate to enhance its strong … Continue reading
By Bill Kistler The provocative conversation at the Forum suggested that the retail real estate business is at a crossroads, facing unprecedented change and disruption. However, participants see new opportunities emerging for those bold enough to seize them. A spirited … Continue reading
By Bill Kistler The provocative conversation at the Forum suggested that the retail real estate business is at a crossroads, facing unprecedented change and disruption. However, participants see new opportunities emerging for those bold enough to seize them. A spirited … Continue reading
BY VITALIY BOYKO In 2016, it was one of the fastest-growing economies, with GDP growth of 2.5% compared to the EU 28’s average GDP growth of 1.9%. It has positively influenced consumer demand and sentiment—which now stands at 59.4 points … Continue reading
ACROSS: How does Infabode work? MATT PARTRIDGE: Infabode is an information platform for the global real estate market. We are changing the way in which industry research and insights are collected and shared among professionals. Before Infabode, if you wanted … Continue reading
Turkey| Sur Yapı Marka The new Sur Yapı Marka shopping center in Bursa, in Turkey’s Marmara region, opened its doors for the first time on June 1. It accommodates a total of 250 shops on a leasable area of 75,000 sq … Continue reading
intu has teamed up with media owner Ocean Outdoor to launch Nottingham’s largest digital advertising screen, which will engage shoppers with content tailored to their consumer profile. The Nottingham One screen at the entrance to intu Victoria Centre will use … Continue reading
intu has teamed up with media owner Ocean Outdoor to launch Nottingham’s largest digital advertising screen, which will engage shoppers with content tailored to their consumer profile. The Nottingham One screen at the entrance to intu Victoria Centre will use … Continue reading
This comes after Delancey client DV4’s sale of its 50% stake in Southside Shopping Centre to Invesco Real Estate for £150 million (€178 million), and Land Securities’ sale of its 50% stake in ShopStop, Clapham Junction, to DV4. The third-party … Continue reading
The seller was a special-purpose entity managed by JP Morgan Asset Management, a subsidiary of the US investment bank JP Morgen Chase. The purchase price was not disclosed. “Dominant shopping centers like Forum City Mühlheim—centrally located and with sustainable concepts—play … Continue reading
Ada Mall will offer 34,400 sq m of state-of-the-art retail space. The shopping center will be in Cukarica, directly opposite Ada Ciganlija, a popular recreational area. “We are very proud to be the main financial partner of this project in … Continue reading
Recently Bouwfonds IM put together a targeted real estate investment portfolio focused on Dutch convenience shopping centers comprising one or more supermarkets and a cluster of convenience stores. CEO Jaap Gillis comments: “The Netherlands is a stable investment market with … Continue reading
ACROSS: What characteristics does a modern, contemporary shopping center have? ÁRPÁD TÖRÖK: Nowadays, we speak much of “experience centers” rather than shopping centers—a place where entertainment, social life, and recreation must be provided in addition to shopping and in a … Continue reading
The members of ACROSS’s Advisory Board mostly agree on what characteristics a contemporary mall must feature. Representing the 14-member expert panel, Joanna Fisher, Managing Director Center Management at ECE, commented: “A modern shopping center is much more than a place … Continue reading
Slovakia Eperia As the last regional city in Slovakia, Prešov will finally have its first modern shopping center. The opening of Eperia in the Sekčov neighborhood is planned for mid-November. J&T Real Estate is responsible for the project. Prešov’s … Continue reading
BNP Paribas Guillaume Delattre From April 18, 2017, Guillaume Delattre will oversee investment, real estate sales, and asset management for BNP Paribas REIM France. He will report to Jacqueline Faisant, Chairwoman of the BNP Paribas REIM France Executive Board, … Continue reading
SOUTH KOREA | Lotte World Tower The world’s fifth-largest skyscraper opened in the South Korean capital Seoul on April 3: the 123-story Lotte World Tower in the southeastern district of Jamsil rises 555 meters. On the opening day, the Lotte … Continue reading
By Markus Wotruba Once the weekend comes around, we’ll see them: millions of people flocking into the shopping streets and centers of this country. Exactly how many there are is only measured very sporadically. And it is not only vendors … Continue reading
