Yearly Archives: 2019

ECE plans mixed-use concept in Budapest

ECE’s initial plan was to realize a shopping center on this property. Even though they had the support of the city’s and the district’s authorities it was impossible obtain the necessary exemption from the so-called “Plaza-Stop” law. Therefore, ECE and … Continue reading

MEC receives three new locations from KGAL

MEC METRO-ECE Centermanagement GmbH & Co. KG received a property management mandate from the investment and asset manager KGAL for three new locations as of 1 December 2019. This relates to three predominantly fully let retail properties in Waiblingen, Roth … Continue reading

Marketing during the Construction Phase: Seeing a Challenge as an Opportunity

ACROSS: Mr. Klüter, why has so much money been invested in Quarree Wandsbek? FRANK KLÜTER: There are several contributing factors. Even though the center has been modernized and expanded, and the range has been broadened time and time again, it … Continue reading

Retail News

Premiere in Bratislava Eurovea welcomes Slovakia’s very first Primark Following its expansion in 2022, Eurovea will cover an impressive 84,000 sq m–of which Primark’s first Slovak store will take over 3,660 sq m of net retail space across two floors … Continue reading

A festive, “Furry Christmas” at Rødovre Centrum

Shoppers visiting the center this festive season will experience something truly unique: custom-designed fiberglass dogs surrounded by light, all sporting reindeer horns and preparing to take off with Santa’s sleigh! “This year, our Christmas campaign is not only designed to … Continue reading

redos contracts out the management of a portfolio of four shopping centers to ECE

In the tender process, ECE prevailed over renowned competitors with a tailored proposal. redos is the asset manager for the objects since 2013. At the end of 2016, the Hamburg-based retail real estate specialist had taken over the portfolio as … Continue reading

OCP sells Buurmalsen shopping centre in Tilburg

Buurmalsen is located in the Reeshof residential district and covers approximately 2500 sq. m., 75% of it convenience retail. Supermarket Albert Heijn and personal care chain Kruidvat are the largest tenants, complemented by a number of local entrepreneurs. Sustainability “In … Continue reading

Mitiska REIM accelerates investment in Romania with 3 new retail parks opened in 2019

The new retail park, which is Mitiska REIM’s largest development project in Romania this year, has a gross leasable area (GLA) of 7,800m2 and comprises 13 units offering a mix of fashion, sportswear, beauty, electronics, restaurants and a pet centre. … Continue reading

Fulvio Fassone named new Managing Director of Heinemann Italia

The appointment underlines the retailer’s commitment for further growth in Italy, as Fulvio Fassone has over 15 years of professional experience as Commercial Director at major Italian airports. Before joining Heinemann Italia, he worked several years as Executive Vice President … Continue reading

Key trends for the retail real estate industry in 2020

By João Correia de Sampaio In an evolving retail universe, keeping on top of the trends will be crucial once again in 2020 for companies that want to stay ahead of the curve. As we look to 2020, we believe … Continue reading

Investment News

The Acquisition of Posnania by Apsys Allianz Real Estate Refinances a 300-million-euro Acquisition Allianz Real Estate, on behalf of several companies within the Allianz Group, has financed the complete acquisition of Posnania shopping center by Apsys via a first-rate loan … Continue reading

Second ECE Fund acquires “Erlangen Arcaden” shopping center

ECE has operated the Erlangen Arcaden shopping center since July 2019 on behalf of the previous owner and will continue to be responsible for management and leasing of the center in the future as well. As a result, the portfolio … Continue reading

Moscow’s new playground

The clock is ticking. Phase one of the 100-hectare Dream Island development in Moscow is approaching completion. The world’s largest indoor theme park, with 300,000 sq m of entertainment space, is scheduled to open in the first quarter of 2020. … Continue reading

New impulses for the “customer journey”

Customers expect a broad product range, a digital presence, a feel-good atmosphere, and personal consulting from retail stores. This is emphasized by the current study ‘Structural Change in the Retail Sector: from the Customer’s Perspective’ by IFH (institute for retail … Continue reading

iMallinvest arranges the sale of Eiderpark in Rendsburg

The purchaser of the property is Bade Immobilien, a family-owned investment manager based in Lower Saxony. Situated in the heart of the German Federal State of Schleswig-Holstein the property comprises 20,154 sqm GLA, which is split over 25 shop units. … Continue reading

Early Planning Helps Väla Centrum Create an Instagrammable Experience

Christmas at Swedish shopping center Väla Centrum didn’t begin in December. It began in March. At the top of marketing manager Ulrika Nordström’s wish list was the transformation of the large spaces within the shopping center with stand-out lighting and … Continue reading

ACROSS becomes “The European Retail Real Estate and Placemaking Magazine”

The European retail real estate industry is yet again facing serious changes. The flow in the big developers’ development pipelines is decreasing significantly. New developments of conventional shopping centers in Central and Eastern Europe are in short supply; we believe … Continue reading

Taking a look at Germany’s first urban outlet center

The year was in December of 2007, when the first phase of designer outlets Wolfsburg opened its doors with approximately 50 stores in Lower Saxony’s eponymous town in. So far, so normal, one would think. However, quite the opposite was … Continue reading

BREEAM “Excellent” post construction certificate for the Designer Outlet Croatia

“Sustainable building is characterized by the continuous and rigorous pursuit of a lifecycle-oriented process from the conceptual and design phase to the ongoing operation”, reports Michael Haugeneder, Managing Director of ATP sustain. “We are proud of the fact that we were able to … Continue reading

Trio of retailers launch at Caledonia Park

Taking 2,766 sq ft, Levi’s® has launched at the destination’s fashion-focused South Mall, stocking its coveted clothing and denim collections, and iconic products such as the iconic original 501® jeans. In keeping with the global brand’s heritage of craftsmanship, the … Continue reading