Author Archives: ACROSS EDITOR

JAN TANNER JOINS ACROSS ADVISORY BOARD

Jan Tanner (50) is one of the leading experts for shopping center and neighborhood development in the Swiss real estate industry. As of May 1, 2019, Jan Tanner will provide his knowledge to proprietors, investors, and operators of retail properties. … Continue reading

Trei Real Estate Enters US Residential Property Market

The development is located in Matthews, a southern suburb of the city of Charlotte. It will deliver 359 rental apartments on a plot of around 60,700 square metres. The planned apartments will have 1 to 3 bedrooms, adding up to … Continue reading

Unibail-Rodamco-Westfield Germany to cooperate with Visual Art

Visual Art is one of the world’s leading companies for digital communication. The company distinguishes itself in particular through holistic marketing strategies from conception to technical implementation. The aim of the cooperation is to use the digital advertising formats in … Continue reading

Man of the Year: René Benko. The Real Estate Tycoon

René Benko was chosen by the editorial team of ACROSS and its Advisory Board as the most outstanding person of the industry in the past year. 2018 was, undoubtedly, René Benko’s year. What the industrious Austrian investor had unsuccessfully attempted … Continue reading

Union Investment renews management contract for LAGO Shopping Center with Prelios Immobilien Management

The LAGO Shopping Center, which has been managed by Prelios Immobilien Management for its owner Union Investment since it was opened in 2004, has a rental area of around 27,500 sq m and roughly 1,000 parking spaces. In the last … Continue reading

Hong Kong’s Causeway is world’s most expensive retail street

The annual ‘Main Streets Across the World’ report, now in its 30th year, tracks 446 of the top retail streets around the globe, ranking them by their prime rental value according to Cushman & Wakefield’s proprietary data, which includes a … Continue reading

THOR EQUITIES GROUP PROMOTES TOBY COOPER AND LUKE CONDON TO MANAGING DIRECTOR

“Both Toby and Luke are important members of our growing European team, and their extensive experience will be invaluable as we execute on our plans to acquire more properties and expand further into Europe,” said Joseph Sitt, Chairman of Thor … Continue reading

NEINVER takes over the management of Silesia Outlet in Poland

Silesia Outlet is to be the largest outlet centre in Silesia. Ultimately, it will occupy 20,000 m² of retail space, with 120 shops representing domestic and international brands. The first phase of the project, to open in spring of this … Continue reading

Responding to the Ongoing Change of Retail Trends

By Gianfranco Lizzul If we analyze shopping centers built in past decades, we can see the incredible similarities among the schemes built in all corners of the world. That is not surprising, given the fact that the original idea of … Continue reading

StadtCenter Düren – New mandate for MEC

“The StadtCenter Düren is an attractive location due to its position at the end of the pedestrian zone and the existing tenant mix. Sales have developed positively in the last two years”, explains Christian Schröder, COO of MEC METRO-ECE Center … Continue reading

SLIM CHICKENS LAYS ITS NEW OPENING AT ST DAVID’S

Located on the Lower East side, next to the recently upsized Ed’s Easy Diner, Slim Chickens’ restaurant has space for 76 covers inside and 16 outside. The 2,400 sq ft restaurant has been designed by an in-house team, incorporating modern … Continue reading

Sonae Sierra and Peter Korbačka sign a Joint Venture agreement to acquire three shopping centres in Spain

These centres were owned by the Sierra Fund (investment fund managed by Sonae Sierra) and by CBRE Retail Property Fund Iberica (“CBRE RPFI”, fund managed by CBRE Global Investors), each one holding a 50% stake, and were managed by Sonae … Continue reading

LONDON DESIGNER OUTLET DEMONSTRATES THE CONTINUING RESILIENCE OF THE OUTLET SECTOR

Located within the £3bn Wembley Park urban regeneration, LDO is the capital’s leading fashion and lifestyle outlet centre. It has a proven track record of success since it opened in October 2013 and has now achieved its 21st consecutive quarter … Continue reading

THE NEW, INCREDIBLE CHAPTER OF NICOSIA MALL

Nicosia Mall has embarked on a new journey of success following its opening, living up to its “Made Incredible” motto. Its masterfully blended brand-mix and carefully planned area have proved their appeal to locals, who can now enjoy modern and … Continue reading

PROJECTS & OPENINGS EUROPE

  SPAIN Finestrelles On November 28, 2018 Finestrelles opened with a commercial offer of 103 spaces from leader brands in fashion and restaurants, on a surface of 39.250 sq m. Located in Esplugues de Llobregat, the mall will attract more … Continue reading

TCONCEPT’S DESIGN OF SHOPPPING CENTER FINESTRELLES OPENED ITS DOORS IN BARCELONA

It has a commercial offer of 103 shops on a GLA of 39.250 sq m. Located in Eplugues de Llobregat, the mall will attract more than 8.5 million yearly visitors from Barcelona and the Baix Llobregat region. An Alcampo hypermarket, … Continue reading

Challenges in a Retail World in (R)evolution

By Amaury de Crombrugghe E-commerce has continued to grow and currently represents +/- 10% of the Belgian retail market. Global players, such as Amazon and Alibaba, are leading the pack and are able to present incredible figures, but profitability still … Continue reading

“Clicks to Bricks” – An Unexpected Retail Trend

By Nelson Blackley While there was steady growth in online retail sales from 2012 to 2017, although it varied between different countries, it only represented 12% of Europe’s 2017 total retail sales; so, it is clear that the promised online … Continue reading

THOMAS REICHENAUER JOINS ACROSS ADVISORY BOARD

Thomas Reichenauer is Founder and Managing Director, ROS Retail Outlet Shopping, Vienna, and expert in Center Management, Retail Operations and Development of Designer Outlets and innovative Shopping Concepts. Thomas started his retail career 1996 at the leading Austrian sports retailer … Continue reading

PEOPLE IN THE EUROPEAN RETAIL REAL ESTATE INDUSTRY

Arbireo Retail Invest Marcus Neumann Arbireo Capital AG has appointed Marcus Neumann as Managing Director of the newly founded Arbireo Retail Invest. The new subsidiary bundles the investment activities in the retail segment and is part of the reorganization of … Continue reading