SIX Payment Services, formerly PayLife, has secured a firm position in the payment habits of many Austrians during the last decades. Over 1 million of the company’s prepaid cards are currently in circulation, illustrating the growing use and appreciation of … Continue reading
BY ANNA KOZINA What is banally described with the word “consumption” is, at its core, the satisfaction of a person’s needs and desires. Digitization can help to match supply and demand more quickly, precisely, and sometimes more “playfully.” But what … Continue reading
The site is located at Peterburi road 2, a traffic junction in the Estonian capital just a few minutes by car from the heart of city, and at the starting point of motorways to Tartu, Narva, and Pärnu. The new … Continue reading
The 118-story tower and shopping mall, by Permodalan Nasional Berhad, will create a landmark for the city. The Buchan Group provided architectural and interior design services for the retail base of the development, which embraces its setting and is a … Continue reading
By Thomas Rose In recent times, we have heard many discussions about having up to 15% of a scheme’s GLA devoted to restaurant and leisure space, but I believe this view is already becoming outdated before many have had the … Continue reading
ACROSS: What do international institutional real estate investors investing in European shopping centers expect from their local asset managers nowadays? STEFFEN HOFMANN: Holistic thinking. Investors expect that all project-specific decisions taken on the asset management level make good economic sense … Continue reading
Continuous, up-to-date, and time- and money-saving. These are the significant advantages provided by electronic price labeling. Electronic Shelf Labeling—ESL for short—has occupied retailers’ minds for some time. Umdasch’s e-paper displays are attached directly to the shelves and linked via W-Lan … Continue reading
By Trevor Pereira But we rely on more than just our scale and market-leading footfall to drive our business forward and help our retailers to flourish. In order to create the destinations and experiences that keep customers coming back more … Continue reading
Elnòs Shopping is IKEA Centres’ second mall in Italy, following the opening of Tiare Shopping in Villesse in 2014. It is located in the north of the country, some 100 kilometers to the east of Milan. IKEA Centres is investing … Continue reading
By Gastón Gaitán Yes to leisure, but what is leisure about? First of all, let’s clarify what leisure is. Leisure is not only about play; it is everything people do in their free time. When you search for “free time” … Continue reading
With an overall investment of €190 million, construction and leasing for the opening of Carrefour Property’s major mall in Palma de Majorca is progressing unabated, with more than 92% of the GLA leased. Around 1,500 people will find jobs in … Continue reading
By Jörg F. Bitzer In this context, ECE has evidently now also decided to include a new definition of “turnover.” The new definition of turnover will allow revenues generated online to be considered relevant for advertising contributions and/or turnover rents … Continue reading
The great boom of new openings in Germany is over for now. After nine shopping centers opened in 2014 and 13 did so last year, only four centers are expected to be completed by the end of the current calendar … Continue reading
The Austrian firm Umdasch Shopfitting Group GmbH worked on the Samsung project together with the retail design agency Cheil in France. To ensure a perfect result, two teams sprang into action, continually visiting the ongoing construction site, taking exact measurements, … Continue reading
By Toni T. Jörgens Our modern society is deeply influenced by an explosion of media content such as original TV shows, food and friends on Instagram, and, more recently, in the form of (disappearing) snapshots, too. Entering a shopping center … Continue reading
By Christoph Meyer Today, most German citizens are department store experts. The vast majority of them say the stores are the dinosaurs of the retail trade and are in danger of extinction. It all used to be so different. For … Continue reading
In 2016, CBRE expects to see the global economic recovery continue at a steady pace, with modestly improving growth in many mature markets. However, there are potential headwinds on the horizon: rising interest rates in the U.S., a depreciation of … Continue reading
ACROSS: What can the participants expect from the Umdasch Shop Expedition from November 14 to 18, 2016, in Tokyo? CHRISTIAN MIKUNDA: This is already Umdasch Shopfitting’s fifth shop dramaturgy learning expedition in the Japanese capital. Let me explain briefly how … Continue reading
The total area of the 13 outlet centers currently operating in the Polish market is now more than 213,000 sq m. Over the next few years, the market will grow with the addition of new ones in the capital and … Continue reading
According to JLL preliminary estimates, the volume of new Moscow retail supply for 2015 is 7% lower YoY – it comes to 560,000 sq m (GLA). Even despite a record first quarter volume of completions in Moscow – about 250,000 … Continue reading
