Author Archives: Online Editor

Change, Do Not Proceed As Usual

By Christine Hager As early as the Olympic Games in ancient Greece, people gathered together to measure their strength against one another via athletic competition. The winners were ultimately crowned with golden laurel wreaths. The Olympic oath, on which the … Continue reading

Lifestyle Outlets rebrands Lowry Outlet as part of £26 Million developement to Quayside MediaCityUK

“Quayside MediaCityUK” will be home to ITV’s I’m A Celebrity Jungle Challenge – a first of its kind immersive attraction opening in Autumn 2020 alongside a recently redeveloped state of the art all recliner Vue Cinema, Virgin Active and “The … Continue reading

Atrium Ljungberg sells Farsta Centrum for SEK 4 billion

“Atrium Ljungberg’s focus is on developing attractive urban environments offering a mix of offices, retail, residentials, culture and education. We currently have an extensive project portfolio, enabling us to invest as much as SEK 32 billion in our own properties … Continue reading

M1 Kraków Shopping Centre in Poland wins international BREEAM award

“Sustainability is one of  Metro Properties Guiding Principles therefore we are very proud not only to receive BREEAM certifications but also an international BREEAM award for our M1 shopping centre in Kraków. We are delighted and impressed by the continuous, … Continue reading

Eurocommercial Properties: Coronavirus impact on Italian retail

This will impact the shops in our eight Italian shopping centers, namely Carosello, Collestrada, Cremona Po, Curno, Fiordaliso, I Gigli, I Portali and Il Castello. Since the initial trading restrictions were imposed over the two previous weekends in Lombardy and … Continue reading

Bringing wellbeing to the forefront of retail destinations

By Neil Barber Europe has the largest health and fitness market in the world, with a value of over €23.5bn. People living in Switzerland pay the highest average monthly gym membership, followed by consumers in Ireland and the UK. It … Continue reading

EPP delivers on-target earnings for the fourth consecutive year

This is EPP’s fourth successive year meeting its earnings guidance. Importantly, EPP also advanced its key deleveraging strategy, reducing its loan-to-value ratio by 1.9% to 50% with a low average cost of debt of 2.5%. The strong Polish economy supported … Continue reading

Designer Outlet Kraków: the new outlet shopping destination for Kraków and the Małopolska region

On March 5th, during a meeting with the tenants of KG Group – the Kraków investor and developer realizing the outlet center at Nowohucka Street – unveiled the new brand name, concept and architecture of the mall for their former … Continue reading

Ada Walentek has become General Manager of Ceetrus Poland

Ada Walentek has been promoted within global structures of Ceetrus company and currently has become general manager of the company. She has been working for Ceetrus since 2015 and until February 2019 she was Operations Leader for Poland. Before that … Continue reading

Shopping Center Performance Report by Ecostra: Fake News or a Scientifically Recognized Method?

By Wolf-Jochen Schulte-Hillen, SHSelection To put it quite clearly: I consider the claim that it is possible to measure the performance of shopping centers on the basis of the method used by Dr. Will and subsequently list them in a … Continue reading

Shopping Center Performance Report by Ecostra: Fake News or a Scientifically Recognized Method?

By Wolf-Jochen Schulte-Hillen, SHSelection To put it quite clearly: I consider the claim that it is possible to measure the performance of shopping centers on the basis of the method used by Dr. Will and subsequently list them in a … Continue reading

A new beginning with a new name

An interesting regeneration project has taken a step forward. During public consultation events at the end of November 2019 in Bolton, proposals were presented for the £250 million replacement of Crompton Place shopping center. The mixed-use, urban design-led scheme, provisionally … Continue reading

Hammerson unveils next stage of Grand Central transformation

The latest works will create an enhanced sense of arrival in Grand Central with a new double-height atrium to complement the first phase. Finished in November last year, the initial investment included an innovative lighting installation in the ceiling to … Continue reading

Kyiv: New Heinemann Duty Free Shop opens at Boryspil Airport

Celebrating ten years of successful partnership “We are delighted to expand our presence in Kyiv and our partnership with the airport in the special year of our ten-year anniversary of successful collaboration. We are also very excited to open the … Continue reading

Volker Stinnes named new CEO of Land of Fashion

Volker has extensive international experience in consumer goods, initially holding roles within Unilever and Sony, followed by the positions of CFO and then Global Sales Director for the Napapijri brand (VF Corporation). In his most recent position as Business Director … Continue reading

MEC fills the position of Head of Technical Property Management from its own ranks

MEC METRO-ECE Centermanagement GmbH & Co. KG is filling the position of Head of Technical Property Management (TPM) with immediate effect with Sven Schneeweiß. He will take over the management of the division from Sebastian Kienert, CFO, who had previously … Continue reading

Erik Florman new head of Sustainability at Kungsleden

Erik has a proven background in sustainability work from the construction and property sector and has been the driving force behind a large number of sustainability projects. In addition to his role at Skanska, he was also Acting LEED manager … Continue reading

Saks Fifth Avenue “Theatre of Dreams” awarded “Excellence in Installation” Award

Each year, millions of people around the world look forward to the annual Saks Fifth Avenue Holiday Light Show. The 2018 display, entitled, “Theatre of Dreams”, thrilled visitors with its 8-story tall, city-block wide ode to Broadway, which included John … Continue reading

Commercial licence granted for Chapman Taylor-designed Breogán Park retail development

The aim of the redevelopment design is to provide a family-friendly destination which will be socially and commercially vibrant for decades to come. The retail park will retain the two existing underground car parking levels and the structure of the … Continue reading

Altera wins the GRESB-BREEAM Award for most responsible investor

The ‘Responsible Investment’ award is based on several criteria such as percentage of assets with a BREEAM certification, the GRESB Score as a measure of holistic ESG performance and demonstrated commitment to sustainability by the manager. The GRESB Management Team … Continue reading