Author Archives: Online Editor

On the death of DM founder Götz Werner: Why his Entrepreneurial Legacy is so Important

Götz Werner, founder of the pharmacy chain DM, died at the age of 78. Werner grew up as the son of a druggist. According to his family, his greatest wish was to one day become a druggist himself. After completing a relevant … Continue reading

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What the industry expects from 2022!

Markus Porvari, Founder of HyperIn and Member of the ACROSS Advisory Board Credit: HyperIn Physical retail back on the growth path “The year 2022 starts a new chapter in connecting the digital and physical consumer journey. Brick-and-mortar will stay relevant: the … Continue reading

Ellandi creates new Chair of the Board Role for Alysoun Stewart

Over the past three years, Stewart has worked with the Ellandi founders, Morgan Garfield and Mark Robinson, to develop the operating platform for the business. She has recently handed over as COO to David Payling, who will now take forward the … Continue reading

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Christina Neuper is the New Managing Director at BNP Paribas Real Estate

“With the appointment of Christina Neuper and the further expansion of this business unit, we will be able to cover the increased consulting needs of our customers even better,” explains Jennifer Baumann, Managing Director and Head of Property Management. Together with … Continue reading

CBRE acquires UK retail consultants CWM

Founded in 1992, CWM advises more than 60 retail brands in the UK, including Tommy Hilfiger, Hugo Boss, as well as shopping center and travel retail leasing work at Edinburgh St James, the O2, Borough Yards, and more. Its services … Continue reading

New look for Designer Outlet Sosnowiec in Poland

“The 11,450 sq m site offers a redesigned parking area as well as newly planted greenery, and a landscaped nature trail. In spring, visitors will be able to enjoy a unique chill-out area arranged opposite to the main ‘food court’ … Continue reading

Redevco appoints Elsbeth Quispel as Head of Innovation

Marrit Laning, Chief Strategy & Innovation Officer Redevco: “We are delighted to welcome Elsbeth on board. With her massive experience in the area of strategy and innovation she will be able to build our capabilities to use new technologies and … Continue reading

Real estate investment market in Poland in 2021

By Michal Cwiklinski: Principal, Managing Director – Poland at Avison Young However, 2021 also saw eight large shopping centers being transacted – a strong rebound compared to the previous year, when only two such schemes were traded. A smaller volume … Continue reading

Revetas Capital disposes of Vitantis Shopping Center

The transaction marks the completion of the repositioning of the retail scheme into a large-scale neighborhood power center focused on home, convenience, and grocery products. The multi-let retail scheme with a GLA of 38,000 sq m is well located in sector 4 of … Continue reading

Manchester Arndale welcomes Urban Playground’s the Cube Live

“Experiential attractions are rapidly becoming key features of UK shopping destinations and are helping to draw in more visitors from a broader catchment tempted by a multi-purpose visit. This, in turn, attracts other occupiers enhancing the center’s appeal and vibrancy,” … Continue reading

IPH receives mandate for City Galerie in Aschaffenburg

City Galerie in Aschaffenburg (a city in northern Bavaria, Germany) was built in 1974 and comprises a total of more than 57,000 sq m of commercial floor space, the majority of which (around 47,000 sq m) is accounted for by … Continue reading

Atrium’s Sickla Galleria welcomes Sabis food store

Sabis was founded in 1874 and is based in Stockholm. It now has 20 restaurants, ten cafes, three hotels and five food stores, including Sabis Fältöversten and four Hemköpsbutiker stores. Its new location at Sickla will be at the western … Continue reading

What the industry expects from 2022!

Eric Ravoire, Deputy CEO of Galimmo Credit: Galimmo Socialization, digitization, and hybrid placemaking “Throughout the covid crisis, we have quickly learnt to deal with a complex environment. Food-anchored shopping centers held up quite well, and we expect food retail to … Continue reading

“Leave More Equity for Retailers!”

ACROSS: What is your perception of the mood throughout the retail sector at the beginning of the third year of the pandemic? Stephan Mayer-Heinisch: In March 2020, we all thought the coronavirus crisis would just be a wave. Its prolonged … Continue reading

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Savills launches association with Modesta Real Estate

Modesta Real Estate was founded in Vienna in 2002.  The firm comprises a 10 strong team based in Austria and Slovakia and is led by Managing Partners Sebastian Scheufele and Andreas Polak-Evans, both members of SIOR (The Society of Industrial … Continue reading

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People on the move

Doris Panagl (l.) and Marie-Theres Skribanowitz (r.) SES Credit: SES As of March 1, SES is filling the center management of two shopping malls in Austria from its own ranks: Doris Panagl will take over the management of Max.Center Wels, … Continue reading

LCP acquires two major retail assets for €165 million

Buying the Cwmbran Center (largest shopping center in Wales), and the Galleries shopping center in Washington (Sunderland) from M&G Real Estate, totals the group’s retail acquisitions over the past 12 months to over €360.7 million. James Buchanan, Managing Director of … Continue reading

Atrium announces major refurbishment of Promenada shopping center

The changes will include a comprehensive refurbishment of the interior and a remodeling of the entrance to the mall from Jana Nowaka Jeziorańskiego Street.  “Atrium Promenada is the flagship of our portfolio with a wide range of premium brands. We … Continue reading

Greenman OPEN acquires three retail parks in Germany for €90 million

The acquisition included retail center in Sonneberg on the Bavarian border. Fully occupied and anchored by Edeka Marktkauf, the retail park comprises 33,145 sq m of lettable space and is one of the largest assets in the fund portfolio, deriving … Continue reading

New generation at Max.Center Wels and Mariandl Krems

Marie-Theres Skribanowitz studied at the Vienna University of Economics and Business Administration. Afterwards, she started working as Head of Marketing at the Q19 shopping district in Vienna Dobling. Later, the native Viennese took over the center management agendas in the … Continue reading