Author Archives: ACROSS EDITOR

Project & Openings Europe

BELGRADE PLAZA, SERBIA The mall will be an addition to the Serbian capital and its neighboring municipalities, as well as the first modern-style shopping and entertainment center in the Palilula district. The project is located between two streets, Višnjička Street … Continue reading

Fresh wind

BY REINHARD WINIWARTER Big Data, retail technology, the rise of online retail, the return of retail to city centers, the security of shopping centers, and constantly changing consumer purchasing behavior and how we react to it are just some of … Continue reading

Cineplexx opened in Serbia and Kosovo

Together with Cineplexx International, the leading Austrian cinema operator is further expanding its operations within the SEE region. After just six months of construction, Cineplexx opened a state-of-the-art multiplex cinema in the third-largest Serbian city of Niš in mid-November. The … Continue reading

Retail Asset Management as a Holistic Approach

ACROSS: MAPIC 2016 is just over. What brought this year’s event in Cannes for TH Real Estate? STEPHAN AUSTRUP: TH Real Estate holds a large retail portfolio, therefore, as one of the key events for the retail industry, MAPIC presents … Continue reading

Are refurbishment projects able to shape the future of the shopping center industry?

BY TONI T. JÖRGENS With the growing impact of re-development projects compared to new builds, refurbished shopping centers will play an important role as the shopping center industry undergoes fundamental changes in customer behavior and business models. How can re-development … Continue reading

Projects & Openings International

AL KOUT MALL, KUWAIT The new shopping center is part of the larger Al Kout development in the Ahmadi Governorate. When completed, it will offer six different experiences including hospitality, shopping, marina, a fishing wharf, leisure, and entertainment. It has … Continue reading

Building permit for Barbarossa – Hesse’s first downtown outlet center

At first glance, however, everything still looks the same. You still see a large building complex that has gotten on in years. This will soon be a thing of the past, however. “The Main-Kinzig district has now approved the building … Continue reading

Green light for Mill Green

Mill Green will inject needed investment into the area, provide an economic boost, and put the area firmly on the designer outlet map. The phased scheme will cost in excess of £110 million (€123 million) and will create over 1,200 … Continue reading

The future of Retail Real Estate

By Jörg F. Bitzer The logic also runs in the other direction: If the objects are attractive in terms of their location, utility, accessibility, and divisibility, for example, then they attract retailers. It is clear that the future of retail … Continue reading

NEINVER enters the Czech market – Partnered with The Prague Outlet

Neinver will be in charge of leasing and retail and property management for this unique project, currently under construction. The joint venture is financed by PPF Bank, part of the PPF Group, one of the leading European investment and asset … Continue reading

Putting retailers, agents, and landlords together

ACROSS: Could you please explain the history and the idea behind Completely Retail Marketplace events? SIMON MILLAR: Completely Retail Marketplace started in the UK five years ago as a direct response to a requirement from the retail property market for … Continue reading

“Emotions can of course arise toward a building”

ACROSS: The BCC transaction process with Rockcastle closed in September. How was the selling process itself? ÁRPÁD TÖRÖK: BCC is one of the best city centers in Krakow and one of our best developments overall from many perspectives. We didn’t … Continue reading

My father: “Listen to the people—it’s music!”

I was nine and it was one of those special days that thread ideas through the years. He’d taken me for an ice-cream, there was the flavor of vanilla, chatter, and the clack, clack of table football punctuated by “goal!” Of … Continue reading

MAPIC 2016

MAPIC—The International Retail Property Market will take place this year from November 16 to 18. The industry once again embarks on its pilgrimage to Cannes in southern France.  On a tour through the halls of the Palais des Festival, we … Continue reading

Projects & Openings Europe

UNITED KINGDOM Chester Northgate The £300-million (€330-million) Chester Northgate scheme is set to deliver around 46,500 sq m of retail, restaurant, and leisure facilities over two phases of construction. The first phase will start in autumn 2017. Picturehouse will operate … Continue reading

Projects & Openings International

AUSTRALIA Galleria The proposed major redevelopment and expansion will see the scheme become a supra-regional center and one of Perth’s leading retail destinations. Vicinity Centres’ Director of Development, Stephen Beer, said: “Receiving this approval for our proposal is a significant … Continue reading

“Working with accurate information”

RETAIL TECHNOLOGY ACROSS: Tell us about The new Strand. ROB CLARKE: The new Strand is a 38,000-sq-m shopping center located in Merseyside in the United Kingdom. It first opened its doors in the 1960s and is now home to 100 … Continue reading

ENTERING A NEW GENERATION

We have come a long way from those factory outlet centers in industrial districts of America, with their customer base of opportunistic bargain hunters. That was the start of a nascent outlet concept, defined by a lack of management, the … Continue reading

THE CHANGING ROLE OF ANCHOR TENANTS

By Marije Braam-Mesken As a rule of thumb, strong anchors attract more than 30% of the total footfall. They are usually the largest stores in a shopping center and are strategically located so that smaller retailers can profit from customer … Continue reading

From data to wisdom: How connecting the dots creates an important opportunity

RETAIL TECHNOLOGY Everyone reading this article probably has enough data. Whether it is LinkedIn saying how many people clicked on your profile, a spreadsheet of yesterday’s sales figures, or a prediction of what FX rates will be in 2017, it … Continue reading