Bakker and Van Riel explain why being efficiently organized and ready to adapt to new ways of doing business are key in the current environment. They see the retail market going through a restructuring phase. Bakker: “The skill is to … Continue reading
The Covid-19 pandemic has brought the long-term problems facing shopping centers into sharper focus than ever before – retailers are closing or entering administration in worrying numbers, the leisure and hospitality industries are struggling, and the viability of many malls … Continue reading
ACROSS: How has the relevance of brick-and-mortar retail changed as a result of the COVID-19 crisis? MARKUS PORVARI: 2020 has been a major turning point for the retail real estate industry. Even the most conservative industry leaders have now realized … Continue reading
A syndicated loan agreement in the amount of EUR 72 million has recently been signed to finance the construction of East Gate Mall, a real estate investment project belonging to Balfin Group Albania. The project is set to become one … Continue reading
The recently re-opened flagship store has been completely modernized, featuring open and transparent facades that replace the previously closed exterior. The renovation also comprises improved statics, new technical installations, and a green roof. The store has a leasable area of … Continue reading
During a ceremony held in Paris on September 15, 2020, the CEO of Virako, Krzysztof Witkowski, accepted an award for the best mixed-use investment at the 2020 Mipim Awards ceremony for Monopolis, which is located in Łódź. Grupa 5 Architekci … Continue reading
“Sphera Franchise Group will thus become one of our strategic partners in the process of developing Colosseum Mall, but also of the location itself. Our location allows the opening of the two KFC restaurants, the Drive-Thru unit being the first … Continue reading
First Store by ALEXA as Academy Edition will be open exclusively to students of this creative academy and it will take place at 12 locations in Germany, as well as in Vienna and Amsterdam. The competition will allow entrants to completely … Continue reading
At a digital press conference, the IKEA team led by Managing Director Alpaslan Deliloglu, querkraft architect Jakob Dunkl and François Leclerc, Vice President Brand & Operations JO&JOE, provided information about the further milestones that are still to be achieved before … Continue reading
The capital’s leading fashion and lifestyle outlet centre, with Tier 2 restrictions, is benefitting from the Government’s decision to allow families to get together over Christmas. As guests made the most of pre-Christmas sales on top of outlet prices, London … Continue reading
Launching on December 14, the Big Winter Thank You encourages locals and visitors from across London alike to complete their Christmas shopping at either of LabTech’s Camden or Buck Street Markets. Inspired by the government’s Eat Out to Help Out … Continue reading
In addition to Rossmann and Pepco, several other tenants have extended their leases by five years or more. Among them is the German discounter KiK (484 sq m) and one of the largest Polish supermarket chains for electronics and household … Continue reading
Opening in the beginning of the new year, Farm Fetch works with top food artisans and small-scale producers globally to provide the highest quality, wholesome, healthy food that places sustainability, care for the environment and animals at its core. Biologically … Continue reading
