The press department of SES Spar European Shopping Centers in Salzburg commented: “We comply of course with the EU’s General Data Protection Regulation here at SES and will implement it in all units of our group. We have already been … Continue reading
By Birgit Harasser Whilst the GDPR pertains to all companies, shopping center operators may face more challenges than many other businesses: As a landlord, a shopping center is in the B2B real estate business; as a shopping center operator, however, … Continue reading
TURKEY VADISTANBUL Recently, Benoy’s project Vadistanbul mall, located near Belgrade Forest, north of Istanbul, celebrated its grand opening. As one of the largest shopping centers in Turkey, the space has a leasable area of 103,000 sq m and is … Continue reading
The hotel developer MQ Real Estate, founded in 2014, will construct the world’s first modular hotel on top of a shopping center in Berlin. For this, a new story containing a hotel will be added to Ring-Center 2 shopping center … Continue reading
Neinver – the second-largest operator of outlet centers in Europe and the market leader in Spain and Poland – continues delivering year-on-year sales and footfall increases across its outlet portfolio. In 2017, the company recorded over €917 million in sales, … Continue reading
CANADA Montreal Eaton Centre Ivanhoé Cambridge announced a large-scale redevelopment project for the Montreal Eaton Centre. The $200-million investment aims to enhance the shopping experience at one of Quebec’s busiest malls, located on Sainte-Catherine Street – one of North … Continue reading
By Dirk K. Wollweber The structural changes in the retail trade and the current economic developments have led to more vacancies in the inner cities for years, not only in smaller shops, but also in larger retail properties such as … Continue reading
ACROSS: INVESTER United Benefits was established in 2016. How is your company structured? Franz Alexander Kollitsch: With regard to the year, INVESTER is a very young company. This is somewhat misleading in this regard in that it was merely the … Continue reading
The new Union Investment index analyses the attractiveness of the top 17 markets. Retail markets worldwide appear to be in good shape at the beginning of 2018. A further increase in optimism among both customers and businesses in almost all … Continue reading
By Alberto González In order to face this new reality it is essential to be determined, but also flexible and eager to embrace change, not only in retail but also in other real estate areas. Despite the undeniable setbacks of … Continue reading
By Udo Radtke Belgrade continues to be regarded as an insider tip among savvy city travelers. Serbia’s capital city is neither as trendy as Budapest nor as overrun as Prague. In the nations formerly part of Yugoslavia, tourism primarily revolves … Continue reading
By Jessica Berney Detailed research will pinpoint likely shopping habits to help asset managers to determine the right tenant mix, ensuring customers are delighted every time they visit. That is important, and always will be. But let’s not forget the … Continue reading
By Alison Bowcott-McGrath Retailers are having to adapt quickly to stay ahead, and the same is true for shopping centers. 98% of consumers say they’re more likely to make a purchase after experiencing it at a live retail event. This … Continue reading
The report emphasizes that a global appraisal of the 197 Swiss shopping centers (with more than 5,000 sq m of sales space) is not possible. Their size, location, profile and positioning are too different. They are an average of 30 … Continue reading
1. Merging of Digital and Physical The boundaries between the digital and the real world are becoming increasingly blurred: we see online retailers opening pop-up stores in city centers, and shopping centers that offer their visitors augmented reality experiences … Continue reading
By Katharina von Schacky But if we are honest, we all know that digitalisation has only been a catalyst for a trend that was already present: a closer focus on the consumer and his needs, which led to a necessary … Continue reading
By Bill Kistler Ask any CEO, “What keeps you awake at night?”, the quality of the talent in their organisation is sure to figure near the top of the list. It certainly was at ICSC’s CEO Forum last year in … Continue reading
The first Bosch monolabel store in Europe was recently opened on Mariahilfer Strasse in Vienna, Austria. The Store Makers at Umdasch were responsible for the concept, design, planning, implementation as general contractor and shopfitter, as well as the latest digital … Continue reading
By Radosław Knap Both employers and employees will lose, as will consumers and the state budget, which is fuelled by the currently strong internal consumption. It is worth adding that the bill adopted by the Polish parliament contains a number … Continue reading
“The NCSC are working actively to support the shopping center industry with initiatives to make shopping centers safe for visitors, staff, as well as investors,” says Marika Waern, Managing Director at NCSC. This is why the “Guide to Shopping Center … Continue reading
