Author Archives: Online Editor

How shopping centers have evolved into omnichannel platforms

In light of the advancement of digitalization in the retail sector and the dramatic changes in customer demand, shopping centers are in need of comprehensive digital strategies. Until recently, the websites of the centers operated by ECE were only equipped … Continue reading

“We make brick-and-mortar products viewable online”

ACROSS: WHY IS ECE COOPERATING WITH OTTO? PHILIPP SEPEHR: The interlinking of the largest brick-and-mortar shopping network and the second-largest online retailer in Germany seemed like a natural choice-not least due to the close ties that exist between the two … Continue reading

Bridging the gap between onlie and offline retail

Reserving the latest sneakers online before picking them up at the center? Purchasing a video game console online and having it delivered from the shopping center to your home on the very same day? Based on the cooperation of OTTO … Continue reading

ECE Special: Connecting stationary and online shopping

The ECE and OTTO shopping realms have been interlinked Reserving the latest sneakers online before picking them up at the center Purchasing a video game console online and having it delivered from the shopping center to your home on the … Continue reading

Lease.IT: Digitalization of Leasing in the Retail Sector

Frequently inefficient communication and chaos due to overloaded mailboxes, significant delays in the preparation of standard documents, the need for multiple entries of data into unconnected databases, the resulting errors and inaccuracies, and the lack of immediate availability of economic … Continue reading

Opening of Aschaffenburg Markthalle

The original store, which dates back to the 1950s, was completely demolished. Within ten months, a completely new store was built on the site in the Strietwald industrial estate. With the latest technology, an extensive range of restaurants and cafés … Continue reading

Prestige ‘Forum France’ Line-up at MAPIC 2019

The MAPIC 2019 conference programme will feature for the first time a Forum France bringing together an impressive line-up of decision-makers from the French retail real estate sector. Organised by Reed MIDEM, the International Retail Real Estate Market will be … Continue reading

Angry Birds swings into action at intu Metrocentre

The two-storey 18,000 sq ft indoor golf course based on the Angry Birds franchise is the latest in a series of compelling attractions to launch at popular intu shopping destinations like intu Metrocentre, intu Lakeside and intu Watford over the … Continue reading

Projects & Openings International

China SHANGHAI ITC Lead8, an international firm of architects, planners, interior designers, and graphic designers, has recently unveiled its design for the Shanghai ITC mixed-use destination being developed by Sun Hung Kai Properties. The firm is responsible for the delivery … Continue reading

Exceeding the Framework of an Ordinary Multifunctional Project

Visible building works in the busy area of this well-visited part of the Slovakian capital are in full swing – the appearance of Eurovea is changing. A few months ago, the preparation work for its second stage began. Due to … Continue reading

Unibail-Rodamco-Westfield and Real I.S. complete modernization of Schönhauser Allee Arcaden

The construction and modernization measures at Schönhauser Allee Arcaden in Berlin-Prenzlauer Berg have been completed. With targeted interventions, operator Unibail-Rodamco-Westfield (URW) has renewed the interior design and expanded the services and infrastructure of the center. In addition, the shopping center … Continue reading

Maintaining and Increasing Portfolio Value

By Moritz Felix Lück The conditions under which investors can generate substantial returns via retail parks have become progressively more challenging in recent years. For investors who acquire new properties at high prices, the squeeze on returns presents a clear … Continue reading

Multi and Commerz Real: 20 years of committed and strong partnership

Strong relationships characterize the 20th anniversary of the intimate Armazéns do Chiado shopping centre in the historical heart of Lisbon, Portugal. This is reflected in the long standing partnership of its property manager Multi Corporation (Multi) and owner Commerz Real … Continue reading

Mall of Tripla, Finland, opened its doors

Comprised of three city blocks as well as underground facilities, Tripla is the largest individual project in YIT’s history, with a total value of nearly EUR 1.5 billion. In addition to the shopping centre, parking hall, office towers, hotel and … Continue reading

Projects & Openings Europe

SWITZERLAND Globus Basel Liegenschaften-Betrieb AG, part of the Migros Group and owner of the properties rented by Globus at Marktplatz 1 in Basel, has recently submitted a general building application for the comprehensive renovation of the historic department store. The … Continue reading

“Marketing activities targeted the wrong audience“

ACROSS: The – simply put – poor performance of Westgate over the past years made it necessary to completely reposition the center. Which mistakes were made in the past? DENIS CUPIC: Westgate Shopping City had been mis-managed for years. Due … Continue reading

Cushman & Wakefield wins awards at 10th PRCH Retail Awards Gala

In addition, the firm’s property management team for the Złote Tarasy Shopping Centre received an award for their campaign “What will you give this Christmas?”. This year’s Gala of PRCH Retail Awards was held in the Lecture Theatre of the Physics … Continue reading

Architecture and design at MAPIC 2019

A well-conceived, constantly renewed commercial and leisure offer is a prerequisite for the success of shopping centres. But they still need an attractive setting in which to show off effectively. This is where the architect and designer come in: their … Continue reading

El Corte Inglés creates a real estate business unit for property development and management

El Corte Inglés Real Estate, whose first chief executive will be Javier Catena, thus arrives on the scene as a new market operator that will offer its services both to the Group itself and to outside companies. The transaction is … Continue reading

People in the European Retail Real Estate Industry

Carmila Alexandre de Palmas Jacques Ehrmann resigned as Chairman and Chief Executive Officer and Director of Carmila, effective June 30, 2019. The Board emphasized the quality of his governance, his strategic vision, and the results achieved under his leadership. After … Continue reading