Monthly Archives: February 2019

BROOKS BROTHERS OPENS AT ICON OUTLET IN THE O2

Located on the upper level of ICON Outlet, Brooks Brothers, opened its first-ever site at the centre and third store in the UK on February 21, joining the urban outlet’s premium-led retail offer including Cheaney Shoes, GANT, Hackett London, and … Continue reading

Offering a shopping experience worth travelling for

ACROSS: VIA Outlets is quite a young company. Can you explain the history of its origin? OTTO AMBAGTSHEER: VIA Outlets was established in 2014 in order to acquire existing outlet centers across Europe using the expertise of its operating partners, … Continue reading

Sonae Sierra opens its first shopping centre in Colombia

Sonae Sierra in partnership with the Colombian company Central Control chose the capital of Norte de Santander for the development of this project strategically located on the city’s eastern ring road. A third investor PEI, a leading real estate investment … Continue reading

KLÉPIERRE ENGAGES IN “BREEAM IN-USE” PORTFOLIO CERTIFICATION

As part of its Act for Good® CSR policy, Klépierre is committed to certifying 100% of its assets by 2022. This applies to the Klépierre portfolio of top-tier shopping centers worth €24.4 billion with over a hundred malls in 16 … Continue reading

ROS Retail Outlet Shopping Goes Local and Uses Pop-up Stores

By Thomas Reichenauer The incorporation of this new market uncertainty into the leasing strategies of outlet and shopping centers has become a necessity. As a result, ROS Retail Outlet Shopping is pursuing a glocal – think globally, act locally – … Continue reading

SKECHERS TO STEP FOOT IN QUEENSGATE SHOPPING CENTRE

Located on the Upper Mall in the former River Island unit, the 2,611 sq ft store joins Skechers’ worldwide portfolio of franchised retailers and is due to open at the end of April.  Designed by an in-house team, the new … Continue reading

VIA Outlets FY 2018 results | Brand sales exceed 1bn Euros

OPERATIONS & LEASING: Successful operational metrics in a challenging retail market. In 2018, VIA Outlets increased its brand sales to 1.07bn euros and attracted more than 30 million customers over the course of the year. VIA Outlets opened 139 new … Continue reading

Peel L&P to Invest £150m in Outlets Division

Significant investment is planned for Gloucester Quays, The Lowry Outlet, MediaCityUK, and Lifestyle Outlets are progressing plans for a new £100m outlet on the banks of the River Clyde, Glasgow. The operational portfolio consisting of Gloucester and Manchester, has delivered … Continue reading

Silesia Outlet Managed by Neinver | 6B47 as Investor

Neinver will be responsible for management, marketing, and leasing. Silesia Outlet is to be the largest outlet center in Silesia. Ultimately, it will occupy 20,000 sq m of retail space, with 120 shops representing domestic and international brands. The first … Continue reading

NEINVER reports outlet sales growth to over €970 million

NEINVER, a leading investor, developer and operator in the European outlet centre industry, has announced sales growth across its outlet portfolio in 2018. Total sales reached €971 million, a 3% like-for-like increase compared to the previous year. The company welcomed … Continue reading

Londoner Designer Outlet Offers Home Delivery Service

All purchases bought at any of the scheme’s 50 stores can be gathered together and swiftly delivered to customers’ homes, hotels, or workplaces at a time and date of their choosing, with same-day deliveries available. The service launched on 1 … Continue reading

Uplift at The Boulevard: Sixteen Percent Increase in Turnover in 2018

The Banbridge-based premium scheme is bucking the industry trend with +12% footfall, +16% turnover, +14% ROI visitors, and 30+ consecutive weeks of footfall and turnover growth to date – compared to 2017. The uplift comes after a relaunch in 2018, … Continue reading

SHAFTESBURY ANNOUNCES LONDON FLAGSHIP OPENING OF THE COLLECTION IN SOHO

The pioneering concept space will be the UK’s first exclusive fashion gallery store educating customers on the product history of over 1,000 unique pieces and providing insight into the rich history of streetwear to every visitor. The two-floor 1,215 sq … Continue reading

WARM RESPONSE AT PUBLIC CONSULTATION ON OLD TOWN STREET RENEWAL IN PLYMOUTH, UK

The response from members of the public to the proposals, displayed at Drake Circus shopping centre on 22 and 23 February, was very positive – with a warm welcome given to the much-needed urban renewal scheme. The designs, created by … Continue reading

Which e-commerce? How malls can morph into tech businesses, too

By Katharina von Schacky For some, they are the bogeymen, killing off the livelihoods of retailers and causing the slow deaths of inner cities. For others, they are role models for the highest-possible focus on consumers, ever increasing the trend … Continue reading

Projects & Openings Europe

UNITED KINGDOM Birmingham Smithfield Located in the heart of the city, this is a £1.5 bn redevelopment project that will reposition the city on an international stage. Lendlease will form a contractual joint venture with the City Council and lead … Continue reading

Cracovia Outlet Center – optimization of purchases within the multifunctional commercial zone

The outlet center will be built on 15 ha of land allotted to the creation of a unique commercial zone. Designed on an area of 21 thousand m2, it will attract customers with fixed discounts of 30-70%, and up to … Continue reading

Market movements in Luxembourg

The Grand Duchy’s economic key data is looking very promising: Luxembourg’s resilient domestic demand offset the drag from slowing global trade. GDP growth posted a strong 3.6% last year and is expected to reach 4% in 2019. Employment growth remains … Continue reading

Eataly Paris Marais, the Italian marketplace, will open its doors on April 12, 2019

Located at 37 rue Sainte-Croix de la Bretonnerie, Eataly Paris Marais will offer the best of Italian gastronomy in the capital. Following the company’s philosophy, the vibrant Italian marketplace combines restaurant, food counters and a cooking class, offering customers the … Continue reading

Retail Property Sector Remains King in Romania

By Mihai Dinu Although a more mature commercial real estate market in Romania is being talked about, developers of and investors in this segment still face many challenges, most of them related to the economic climate, legislative changes, labor market … Continue reading