In 14 buildings, southern Überseequartier will connect places to live and work with innovative retail and entertainment concepts as well as hotels and a cruise terminal. Properties with comprehensive mixed-use approaches play essential roles in Unibail-Rodamco’s portfolio as they increase … Continue reading
According to an actual study of “Worx’s – Real Estate Consultants” in Lisbon, the sector with the largest retail investment in Portugal has been food services & drinks. In a year without big openings of new shopping centers, the country’s … Continue reading
ACROSS: Looking back at last year, we can see that that SES, once again, had strong growth. What was the driving factor? What makes SES better than comparable companies? Marcus Wild: Due to the fact that we were able to … Continue reading
House of Fraser recently confirmed it filed in the court, on June 6, 2018, proposals for Company Voluntary Arrangements (CVAs). These proposals are central to the significant restructuring of the business, without which House of Fraser does not have a … Continue reading
By Carlos González When we talk about growth in the outlet sector, one might think of new schemes in the market resulting from the dynamic development work seen in recent years. However, growth has recently gained a new facet. While … Continue reading
By Henrie W. Kötter In addition, in spite of all the changes in the fields of both tenants and consumers, investments in shopping centers will remain attractive in the medium and long term if investments in the existing assets are … Continue reading
ACROSS: You co-founded Kintyre in 2009. Could you give us a brief overview of the company’s strategy and services? ADAM PEARCE: Of course. Kintyre began as a transaction advisor in 2009; then, we proceeded to expand our management platform to … Continue reading
News from Global Mutual, the 2009 fully integrated London and Los Angeles-based property investment and management platform, which was founded in 2009: The company is set to introduce “Affinity Outlets”. This will be the new, single brand for the three … Continue reading
By Walter Seib What guests really want – during a visit to an airport, train station, or shopping center – is a combination of personal and external factors, depending on both the disposition and the attitude of the guests as … Continue reading
On March 20, 2018, Westfield London launched the first-phase opening of its £600 million expansion, six months ahead of schedule. It welcomed major new store openings, including John Lewis, Adidas, H&M, West Elm, Currys PC World, Boots, Space NK, Mango, … Continue reading
ACROSS: Digitization is progressing at a rapid pace. The ways in which to differentiate oneself from the competition are more diverse than ever. What digital solutions represent the current trends? BERND ALBL: Firstly, let’s take a look at the present. … Continue reading
The study offers an overview of the most important indicators for European retail in 2018. This includes an analysis of purchasing power and store-based turnover as well as their respective shares of private consumption. The study additionally illuminates trends in … Continue reading
ACROSS: Your malls are located predominately in Poland. What is the status of the country’s current shopping center market? LIAD BARZILAI: Around half of our portfolio is located in Poland. The country’s key economic data is extremely satisfactory. In CEE, … Continue reading
Colliers International Philipp Junikiewicz Global real estate service provider Colliers International is further expanding its consulting team in Hamburg. Philipp Junikiewicz is the new Senior Consultant Retail Letting in the Hanseatic City. The 35-year-old has been active in the real … Continue reading
FRANCE Prado At the end of March, the new Prado, developed jointly by Klépierre and Montecristo Capital, opened in Marseille. The shopping center comprises 23,000 sq m of GLA and 50 retail units. Located near the Prado roundabout, Velodrome … Continue reading
The brand-new, 82,000 sq m Nicosia Mall is rapidly taking shape on the outskirts of the Cypriot capital and looks set to transform the landscape of leisure on the island for good, as it ushers in a distinctly European, 360° … Continue reading
Agore Kiinteistöt recently announced that it has acquired two Finnish malls from a fund advised by Barings Real Estate on April 30, 2018. The assets are shopping centers Revontuli in Rovaniemi and Galleria in Lappeenranta. The total leasable area of … Continue reading
By Bill Kistler Not surprisingly, department stores are struggling to adapt to the disruption and new market realities driving change across the retail landscape. The challenges for them are compounded, however, by their sheer size, concession model, and operational complexity. … Continue reading
By Bart Vink The transaction of buying goods has become secondary to experiences and the creation of meaningful memories. At Redevco, we refer to this change in consumer shopping behavior as a new “retail state of mind”, where consumers shift … Continue reading
The project will create 500 new jobs for the local area in the county of Kent. Forming part of the Ashford Big 8 and opening in fall 2019, the expansion will add 50 new luxury and premium brands for shoppers, … Continue reading
