Monthly Archives: January 2018

The appeal of uncertainty in uncertain times

By Colin Brooks Retailers are also becoming more switched-on to the potential growth the sector provides with its access to opportunistic customers looking to part with their hard-earned cash. So, what are the drivers of this dynamic market? What can … Continue reading

Retail park Liptovský Mikuláš: H&M is the anchor tenant

Construction works are already well underway. Soravia is currently working on its latest project in this eastern European country, the retail park Liptovský Mikuláš, which is centrally located in Slovakia. The management team of the Austrian company chose the location … Continue reading

„Valuation is as much an art form as it is a science”

By Dirk K. Wollweber I am supposed to write an expert opinion about “The Challenges of Valuating Retail Properties”, right in middle of the year-end business season, generally retail’s most positive yet stressful advent and pre-Christmas period. No pressure! Furthermore, … Continue reading

“We don’t want to rush with the leasing”

ACROSS: Architecture plays a big role at Ada Mall. ARN WILLEMS: Yes, that’s why we hired Design International in 2016, one of London’s leading global retail architecture and design firms. They approached us with a concept that appealed to us. … Continue reading

About the space-relatedness of the spaceless

By Moritz Felix Lück There is a ghost roaming in Europe (and around the world) – the ghost of digitization. The postive and negative transfiguration of technology is as old as mankind. The corresponding buzzword of our time is digitization. … Continue reading

Man of the Year 2017

On June 29, 2017, the industry coup was done. On that day, the German ECE announced that they recruited internationally renowned gastronomy expert Jonathan Doughty as their Global Head of Foodservice. At that time Klaus Rethmeier, Director Key Account Management … Continue reading

Man of The Year 2017 – The Laudation

Dear Reader,  Jonathan Doughty is a remarkable person. He is enthusiastic, infectiously polite, humorous, empathic, committed, goal oriented, curious, and very likeable. Actually, these would be enough attributes to describe any person benevolently. When it comes to Jonathan, however, they … Continue reading

German Council of Shopping Centers, Forum Asset Management

On December 1, 2017, the German Council of Shopping Centers (GCSC) gathered more than 50 senior professionals at the Kempinski hotel Frankfurt-Gravenbruch to discuss current industry challenges in the German retail market from an investment and asset management point of … Continue reading

Development Slows, but Pipeline Remains Strong

The first half of the year saw 825,000 sq m delivered to the market in CEE, compared with 344,000 sq m in Western Europe—although Western Europe still accounts for more than two-thirds (68%) of total built shopping center space. In … Continue reading

PROJECTS & OPENINGS EUROPE

NORWAY Bispevika OSU (Oslo S Utvikling) recently launched its latest Oslo development project: Bispevika. Located within the fjord-side Bjørvika area of the city center, adjacent to the Central Station and cultural institutions like the Opera House and the new Munch … Continue reading

PROJECTS & OPENINGS INTERNATIONAL

COLOMBIA Jardín Plaza Cúcuta From November 3, 2017 Cúcuta — Colombia’s sixth-largest city — will enjoy a breath of fresh air with the beginning of construction on the Jardín Plaza Cúcuta shopping center, carried out by Sonae Sierra and the … Continue reading

The Yin and Yang of Shopping Centers

By Maximilian Ludwig No shopping center exists in a vacuum. All shopping centers have close and reciprocal relationships with their immediate surroundings. Germany’s first shopping centers opened their doors in the early 1960s. Even back then, traditional retailers in the … Continue reading

The leisure formula

By Gastón Gaitán That is completely true, but in many cases I see that their visions still remain as empty as these words by the time strategic investment decisions need to be made. The metamorphosis has begun and will continue … Continue reading

Largest Shopping and Leisure Center in Central Switzerland Opens

Freo celebrated the opening of the “Mall of Switzerland” (MOS) north of Lucerne on November 8, 2017. Over 1,000 invited guests, from the fields of politics, business, and tourism, enjoyed the autumnal temperatures. Before it was transferred to Halter AG … Continue reading

Retail Investing in Energy Efficiency

Retailers’ investments in energy efficiency measures remain at a high level, according to the latest EHI study “Energy Management in Retail 2017.” Above all, high-turnover chain stores in Austria, Germany, and Switzerland have spent a lot of money on it … Continue reading

OUTLOOK 2018 – “SUBSTANTIAL TRANSFORMATIONS AND CHANGING SHOPPING PATTERNS”

2018 will be the year of the dog, according to the Chinese calendar. The positive and negative qualities of this four-legged friend culminate in a situation where everything is possible. Planning is downright pointless, because the influence of the dog … Continue reading

“We currently have an oversupply of retail space in Switzerland”

ACROSS: Immoveris is one of Switzerland’s leading real estate advisors. Which services does your company provide? Bruno Kurz: We are a straight forward real estate service provider and offer consultancy services for investment, leasing, as well as strategic consulting. In … Continue reading

Size Does Matter

There has been a slight increase in the number of luxury retail stores this year in many places, including major cities in Europe, North America, and the Asia-Pacific region, while in China and the Middle East, the number of new … Continue reading

Thomas Mark joins ACROSS Advisory Board

Thomas Mark, President of the MK Illumination Group, is responsible for global business development in the retail real estate sector. Due to his years of experience in this area, one of his key tasks is to incorporate the high requirements … Continue reading

Polarisation and volatility in cities and high-streets demand us to be specialists

By Marrit Laning Generalist real estate investors with their high initial capital costs and usually long-term, broad investment horizons, will find it hard to keep up with changing consumer behavior. They previously didn’t need to, because there was an inherent … Continue reading