CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS
Mipim is here again! This year, the who-is-who of the global real estate industry comes together in Cannes, France from March 13 to 16. Innovative retail properties as well as projects with retail components are presented at this trade fair–and we selected some of them here for you.
On October 26, IKEA Centres opened MAR Shopping Algarve, their second shopping center in Portugal, a vibrant meeting place, designed to surprise.
The Austrian company Soravia is developing the retail park Liptovský Mikuláš in central Slovakia. The opening is scheduled for September 2018.
Belgrade’s Ada Mall will open its doors at the end of 2018. In an interview with ACROSS, Arn Willems, Managing Director Croatia at GTC, responsible for overseeing the leasing of Ada Mall, explains the relevance of the optimal tenant mix.
The latest European Shopping Centers report by Cushman & Wakefield shows that shopping center development activity in the first half of 2017 increased total floor space across Europe to 160.8 million sq m at the midpoint of the year.
Bispevika in Norway, Eperia in Slovakia, Loom and Wilmersdorfer Arcaden in Germany, Vialia and Palmas Altas in Spain, CityLife Shopping District in Italy, Meadowhall in the United Kingdom.
Jardín Plaza Cúcuta shopping center, carried out by Sonae Sierra and the Colombian company Central Control, and The Shops at Clearfork, a 46,400-sq-m, open-air luxury shopping, dining, entertainment, and mixed-use destination situated in the heart of Fort Worth, Texas, USA.
Freo Financial & Real Estate Operations Gmbh, a pan-European investment manager and developer, is the company behind the “Mall of Switzerland” near Lucerne, with a total area of 65,000 sq m.
Dining, enjoying, relaxing, and shopping. Center operators are completely revamping their menus.
For Sonae Sierra, localization is key: Each project must be unique and we mustn’t repeat ourselves.
This year’s Mapic will again feature the top players in industry as they provide a glimpse at their current retail projects. ACROSS makes a foray into interesting new developments and extensions to be presented in Cannes.
Despite constant digitalization, brick-and-mortar retailing remains the dominant purchasing model.
IKEA Centres’ global Expansion Director, Jan Kristensson, and global Leasing Director, Carsten Heidtmann, share the importance of the company’s journey from a traditional property-driven approach to creating places where people and the planet lead our interaction with customers, tenants and communities, where retail is one of many components.
Multi Netherlands has started work on the major city-center project, Bracknell’s regenerated town center has recently opened for business, Atrium Poland Real Estate Management is extending another of its Warsaw facilities, Pro Kapital Grupp is continuing its work on bringing the T1 Mall in Tallinn to fruition, The Dorotheen Quartier (DOQU) in Stuttgart, Germany opened its doors on May 30, Delta Real Estate has finalized its acquisition of a shopping mall in Varna, Bulgaria, City Center Amstetten (CCA) in Lower Austria recently celebrated its opening, and GTC’s Galeria Północna in Białołęka in Warsaw officially opened on September 14.
After being completely rebuilt from March 2016, Huma eleven opened its extension in Vienna-Simmering at the end of September.
“Berlin is poor, but sexy.” That’s how Klaus Wowereit, then-mayor of Berlin, characterized the German federal capital in 2003. This mainly referred to the city’s massive debt, which then amounted to around €50 billion.
STOP SHOPS for retail parks, VIVO! for shopping centers. With these two concepts, IMMOFINANZ ensures a high level of positive name recognition among clients and retailers, reported Gerald Grüll, Head of Asset Management Retail Europe.
The extension of Eurovea in Bratislava continues in smooth interconnection with the historical city center. It will expand its existing structure in line with its surroundings, thus supporting the development of the Slovak capital as a modern European city on the River Danube.
The retail trade is in a state of massive upheaval. The creative destruction unleashed by online commerce has brought in the next stage of evolution. What does this mean for commercial real estate?
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