The launch of the division, known as Realm Outlet Advisory, comes at a pivotal time as appetite increases from multiple investor groups – including many newcomers to the market – who are recognizing the maturity and attractiveness of outlets. Outlets … Continue reading
GRAI up twelve points year-on-year in the first quarter of 2022 War in Ukraine causes sentiment among consumers and retailers resulting in a slump from March onwards Czech Republic, Poland, and Germany form the new top trio on the index … Continue reading
Since the opening of the original pharmacy in New York in 1851, Kiehl’s has become a world-renowned name in the skincare industry. With the already recognizable elements of Kiehl’s long history and tradition, but also unique eccentric character of store … Continue reading
Radka Doehring was appointed as an Executive Board member in April 2022 and takes over the agendas from Dietmar Reindl and Stefan Schönauer. They will continue to support her in her new role and future projects. Dietmar Reindl has held … Continue reading
The store opened this May, located in the Eastern part of London, in Westfield Stratford City. This is the largest urban shopping center in UK by land and the 4th-largest shopping center in the country by retail space. “Made by … Continue reading
Two other retail parks, included in „Fairway” portfolio, located in Inowrocław and Warsaw, were acquired by Centerscape Investments in December 2021. Centerscape Investments closes the acquisition of retail parks portfolio from Hunter REIM. Avison Young represented the seller in the … Continue reading
The new retail park has a gross leasable area (GLA) of 10,300 sq m and comprises six stores, food-anchored by Jumbo and Lidl supermarkets, with other tenants JBC, Exterioo, JYSK and Molders providing a mix of everyday household items. Ninouter … Continue reading
ACROSS: One year ago, Reify. became the new brand of Sierra Development Services. What was the reason behind that change? JORGE MORGADINHO: The rebranding was the result of 30 years of work, knowledge, and experience in multiple international markets, which … Continue reading
Multi Forum amalgamates all tools for managing and maintaining relations with tenants and business partners in one place. Functionalities include daily communication with tenants and partners, accepting notifications for works in the centre, calendar of events organized in the centre, … Continue reading
Shell N.V.’s Belgian business (“Shell”) has formed a partnership with Redevco, one of Europe’s largest privately-owned real estate managers with a focus on dynamic urban locations, to install 330 twin charging stations for electric vehicles (EVs). The alliance between the two … Continue reading
Retail Column by Heidemarie Kriz, Point of Sale Doctor and Retail Architect (KRIZH, POSitive Affairs) They are all manageable in terms of size, but great in terms of product selection. Giobagnara’s presence in the lagoon city began back in 2015 … Continue reading
Every two years, the EHI Retail Institute conducts a comprehensive study on technology trends in retail. The latest study was conducted in 2021 – in the middle of the pandemic. The results clearly show how the pandemic has affected the … Continue reading
The transformation continues. In the past few decades, digitization has continuously broken down borders and turned retail upside down. The global pandemic stalled globalized supply chains. The Ukraine war further exacerbated the situation. At the same time, customers are more … Continue reading
Joe Katona joins the team as Centre Manager and Adrian Racaru as Marketing and Commercial Assistant. Katona pledges to continue the work in positioning the venue as a community lead center. Edmonton Green Shopping Centre has a year packed full … Continue reading
Securing contracts for three stores at Denmark’s Copenhagen Airport, with total contracts valued at more than € 35 million over 6.5 years, HMSHost International is seizing the opportunity to bring in two new and exciting brands for travellers. As of … Continue reading
Inspired by the traditional Hong Kong tearooms that originated in the 1950s, The Eight will bring its debut concept to Chinatown London’s 68/70 Shaftesbury Avenue. The 80 cover, 142 sq m restaurant and café, next door to Japanese patisserie Sakurado, … Continue reading
Israeli company BIG Shopping Centers is the new official owner of Delta City in Podgorica. “The purchase of Delta City Podgorica is our entry ticket to Montenegro, and only the beginning of our support and investment in the country”, stated Lev … Continue reading
ACROSS: MIPIM, the first major international trade fair of 2022 has taken place. Like MAPIC, MIPIM takes place in Cannes. What did you think of this year’s event? FRANCESCO PUPILLO: A year ago, it seemed as though the world was … Continue reading
ACROSS: Consumers’ initial reaction to the coronavirus outbreak was to hoard products. However, a supply bottleneck never materialized. Why, despite such positive evidence, did consumers once again panic at the beginning of the Ukraine war and hoard sunflower oil, for … Continue reading
By Joost Groeneveld The three strategies include: 1) organizing multi-disciplinary teams around the shopping center manager as the “owner” of the property; 2) implementing technology applications; and 3) adopting a standard framework to position the shopping center in the market. … Continue reading
