Total revenue for the Easter break increased by +21.3%, YoY, across all stores and restaurants. Like-for-like revenues rose by +19.0%, YoY. This excludes newly opened stores such as Hamleys, TM Lewin, Dr Martens, Lee Wrangler and Raging Bull, plus new … Continue reading
There’s no doubt that the number of channels available to shoppers today has completely transformed the retail landscape. Retailers are in flux, experimenting with all channels and valiantly trying to be at every consumer touchpoint. No retailer has found the … Continue reading
BNP Paribas Real Estate will take over the property management of 25 properties, let to retailers including IKEA, along with other major national and international brands. Pradera will act as asset manager. The mandate increases BNP Paribas Real Estate’s managed … Continue reading
The keystones of Speed Glamour are the constant growth of online sales in China, as well as a stronger request coming from Chinese customers to access real original Italian products and brands (in a market overwhelmed by counterfeit and fakes), … Continue reading
FRANCE | Créteil Soleil The Créteil Soleil shopping center was opened near Paris in 1974. Klépierre bought it in 1991. It currently houses around 124,000 sq m and 5,200 parking spaces. Créteil Soleil is easily accessible via two highways, a … Continue reading
At the end of 2016, the total stock of modern shopping center space in Poland reached approximately 11.2 million sq m. During the past year, about 400,000 sq m of new retail space was added to the market, which was … Continue reading
By Gastón Gaitán That’s what we do—we take people on emotional journeys. Back to you, what does your destination look like? If you are like most people, you probably have a “must see” list or a “must do” list. Must … Continue reading
By Philippe Op de Beeck New attractions and more comfortable atmospheres are the name of the game. As the first experience most visitors have of a shopping center is its car park, it is only natural that parking facilities are … Continue reading
The centre’s opening was marked with a ribbon cutting ceremony, which was attended by senior management from McArthurGlen and local dignitaries. Following the ceremony, the centre’s avenues quickly filled with shoppers excited to discover the unforgettable retail experience, which combines … Continue reading
The award winning property is located above Cannon Street Station in the City of London. It was designed by Foggo Associates, developed by Hines in partnership with Network Rail and London Underground, and completed in 2011. It provides 418,198 sq … Continue reading
The French department store chain will operate the store starting this summer, adding new top brands to the centre’s portfolio. Consistent with NEINVER’s commitment to offer a unique shopping experience with the best mix of stores, the centre also added … Continue reading
ACROSS. How would you describe the current situation in Poland’s shopping-center-market and what role does Echo Investment play within it? MARCIN MATERNY: The current situation in the shopping center market is undoubtedly not as comfortable for investors as it was … Continue reading
The positive results are welcomed by the retail industry following the first uplift in footfall in March [+1.3%] since August last year. Despite overall UK footfall being down -2.0% for Good Friday to Easter Sunday, retailers are looking to finish … Continue reading
In its latest analysis, the European Research team at Savills illuminated the shopping center investment sector in 23 European cities based on four market parameters: size, stability, sales opportunities, and potential returns. The analyzed cities were: Amsterdam, Athens, Berlin, Breslau, … Continue reading
CONNECT with over 700 retail real estate industry leaders and professionals from around the world to share insight and opportunities. DISCOVER the opportunities Warsaw has to offer as the gateway to the largest emerging market in Europe. Immerse yourself in … Continue reading
By Jasu Jaranka Technology and data-driven services are changing the world around us and traditional facility services are also in a flux. We have seen the first innovations in facility-related services, such as facility automation, interconnected devices, and IoT hygiene … Continue reading
ACROSS: What challenges is the European designer outlet industry facing in general in 2017? HENRIK MADSEN: To answer this question, we have to look back at the events that have recently shaped the world. After all, at the risk of … Continue reading
The assignment comes from the KGAL Group which acquired the business building at the start of 2015 for their special AIF as an investment project. The center opening took place in the autumn of last year. “The W1 is a … Continue reading
From 1992, Den Hartog oversaw Multi’s international expansion, especially in southern Europe. This was initially in his role as commercial director of Multi Investment and later as managing director of Multi Asset Management and Multi Mall Management. More recently, he … Continue reading
Advisory firm JLL summarizes Q1 2017 on the retail market in Poland. “By the end of Q1 2017, total retail stock in Poland was 13.4 million sq m. Shopping centres accounted for 9.5 million sq m, while retail parks, warehouses … Continue reading
