Monthly Archives: June 2019

Stockmann to redesign its Jumbo department store

This move will strengthen Stockmann’s position as the most popular fashion retailer in the Helsinki Metropolitan area. The redesign of the Jumbo department store is part of the company’s ongoing transformation process, which targets to position Stockmann as a fashion … Continue reading

Unibail-Rodamco-Westfield launches the Westfield brand in Continental Europe

The introduction of the Westfield brand was announced when Unibail-Rodamco acquired Westfield in 2018 to form Unibail-Rodamco-Westfield, the premier global developer and operator of flagship shopping destinations. Unibail-Rodamco-Westfield officially unveiled today the names of the first ten flagship shopping centers … Continue reading

intu contributes nearly £5bn to the economy as job numbers rise

Research into the economic benefits of 17 of the country’s biggest and most popular shopping centers found retail and leisure destinations owned by intu are worth nearly £5bn to the economy and supported more than 130,000 jobs across the country … Continue reading

Signa Sports United takes over TennisPro Group

The contracts include the takeover of the TennisPro group of online companies as well as the well positioned franchise store network with 46 stores in France, Belgium, and Italy. TennisPro complements Signa Sports United’s Tennis vertical under Tennis-Point, the leading … Continue reading

Iulius Town Timişoara will open on August 30, 2019

On August 30, 2019, Iulius and Atterbury Europe will open the first phase of the Iulius Town Timişoara project (formerly known as Openville), the largest real estate investment in the region, adding up to more than € 220 million. Designed … Continue reading

ACROSS Special Issues

Tuesday, 26/5/2020 Thursday, 23/4/2020 Wednesday, 1/4/2020

Focusing on digitization at ECE Retail Meeting 2019

The internationally operating French sporting goods and clothing manufacturer and retailer Decathlon has been on the market for more than 40 years. The family company operates 1,500 stores in more than 50 countries with almost 90,000 employees. Decathlon has approximately … Continue reading

Neinver and Nuveen Real Estate lay cornerstone for Amsterdam The Style Outlets

Neptune, a joint venture between Neinver and Nuveen Real Estate, has laid the foundation stone for Amsterdam The Style Outlets. With piling and foundation works already completed, construction works for the center are moving forward for an autumn 2020 opening. … Continue reading

Klépierre launches a podcast series called “Good Morning Retail!”

For the series, Klépierre is drawing on the expertise of its teams but also inviting external authorities in their field, to offer theme-based segments on the innovations, practices and fundamental trends contributing to the transformation of retail. Klépierre Chief Communications … Continue reading

Bologna Airport: Heinemann Duty Free and Majani unveil iconic 150 cm chocolate sculpture

Travel Retail Italiana, a subsidiary of Gebr. Heinemann, and the Bolognese chocolate manufacturer Majani recently officially unveiled a 150 cm chocolate sculpture in the Heinemann Duty Free & Travel Value Shop, located in the Schengen area at Bologna Airport. The … Continue reading

Trevian Finland Properties I has made a significant acquisition in Oulu

The acquired entity was completed in 1947 and 1963 and it comprises over 17,000 sq m of leasable area. Premises are currently leased to 30 tenants, including K-Supermarket, Alko and Kappahl. There is plenty of underground parking space. “There is … Continue reading

Carrefour announced the sale of a controlling stake in its activities in China

The transaction, which will be paid in cash, values Carrefour China at an enterprise value of €1.4 billion. With a presence in China dating back to 1995, Carrefour China operates a network of 210 hypermarkets and 24 convenience stores. In … Continue reading

Expo Real opens another hall: NOVA3

Expo Real responds to the strong growth of recent years and expands to include one more hall. The Real Estate Innovation Forum, Tech Alley and the Start-up Contest will move to this hall. There´s also a NOVA3 Forum. “2,095 exhibitors, … Continue reading

Close to 80% of Polish consumers shop at outlet centers

Close to 80% of consumers in Poland shop at outlet centers frequently or occasionally, still leaving growth potential for new outlet shoppers. The study surveyed 3,200 customers of shopping centers all over the country to learn about outlet consumers’ traits, … Continue reading

ECE takes over management and leasing of Erlangen Arcaden shopping center

ECE will operate the center on behalf of real estate investment manager Nuveen Real Estate who holds the asset for a fund. ECE will assume the management from the current operator Unibail-Rodamco-Westfield on July 1, 2019. Along with the re-awarding … Continue reading

Rowing themed foodcourt opened in Galeria Mazovia

Recently Galeria Mazovia opened its modernised food court. Created around the idea of a boathouse, the public area uses rowing sculls, oars, buoys and other items to connect to the sport of rowing. The furniture references the hardwood used in … Continue reading

Andreas Mattner to stay at ECE until 2023

Alexander Otto, CEO of ECE, said: “In the past 26 years, Andreas Mattner has been crucial for and successfully establishing our large commercial real estate development activities alongside our shopping center business area. I therefore asked him to continue his … Continue reading

How Technology Disrupts Competitive Shopping Habits

By Quentin Richelle In the retail industry, monitoring competitor offerings is crucial, yet complex to do in an efficient and scalable way. On average, retailers need to monitor about 30,000 products from dozens of competitors in each country in which … Continue reading

Construction of Galeria Chełm, Poland, progresses dynamically

Selected in February 2019 general contractor of Galeria Chełm – Karmar S.A. –progresses with the construction of this modern, multi-functional retail facility. Galeria Chełm is a joint Acteeum Group and Equilis Polska project. So far, works that have already been … Continue reading

On June 13, the largest Shopping, Entertainment Centre in Baltic States in Estonia opened After Reconstruction

“The expansion of the Ülemiste Centre has been an exciting challenge for us. We are pleased to announce that everything went to plan, and we have been able to open our doors for our customers,” said Linstow Center Management CEO … Continue reading