CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Development

Radical Simplification

Bayerische Versorgungskammer acquired the Stafa Tower last June. Immediately prior to the transaction, BEHF Corporate Architects refurbished and modernized the 100-year-old Viennese building.

SIGNA invests more than 4 billion Euros in new projects in the core markets

In Munich two attractive inner-city projects are being developed.

Strategically placed at a new public transportation hub

Futureal is launching Etele Plaza, Budapest’s last major shopping center development and the cornerstone of the area’s revitalization.

IKEA Centres’ second shopping center in Portugal

Located in the city of Loulé in southern Portugal, MAR Shopping Algarve will be a meeting place with a total of 83,000 sq m, including a mall, an open-air leisure area, and the Designer Outlet Algarve.

Veritable growth in Bucharest

Sonae Sierra and Caelum Development opened the ParkLake shopping center on September 1. The Romanian capital’s retail real estate market has now increased by 70,000 sq m GLA.

Projects & Openings Europe

The shopping center investor Cemagg has entrusted the real estate service provider Bilfinger Real Estate to represent it as the builder-owner and to provide consulting and project development services for Dreiländergalerie in Weil am Rhein in Baden-Württemberg.

Project & Openings International

Dubai Holding has announced updates on the development of Mall of the World, a concept for an all-season city district offering a wide range of leisure, retail, cultural, residential, wellness, commercial, hospitality, and pedestrian options.

Refurbishment with history

The Old Academy in Munich was once reserved for Jesuits, academics, and then statisticians. Now, Signa Holding wants to revitalize the historic complex in the city center.

„We keep channels of communication open“

Futureal is specialized in developing large-scale mixed-use properties in Hungary. In his interview with ACROSS, CEO Tibor Tatár tells us which challenges have to be met in this sector and talks about current projects.

Setting the course for the future of shopping

Plus City’s extension was opened on September 1. This mall in Upper Austria’s Pasching is a microcosm that has become a self-contained leisure and shopping city.

“Completing three large openings in less than nine months was a challenge.”

Marcus Wild, CEO of SES Spar European Shopping Centers, speaks in an interview with ACROSS about the “marathon of openings” in recent months and tells about the new projects the company is already planning.

Prime rental rates in Bulgaria remain steady

Colliers recently published a “Retail Market Overview” of the first half of 2016 in Bulgaria. It indicates that the market will undergo sustainable development, with decreasing levels of supply and stable demand until the end of the year.

The name of the brand

“VIVO!” is a supra-regional brand strategy Immofinanz pursues at its shopping centers. The flagship project is VIVO! Stalowa Wola in Poland, which opened almost one year ago.

How to design a good story

ACROSS takes a closer look with Toni T. Jörgens of ESP. Design Studios on how storytelling and integrated design processes can be useful to turn shopping centers into engaging customer experiences.

“Today’s main trend is to mirror the building on the outside“

In his interview with ACROSS Peter Pointner, founder and managing director of Gastrobörse, explains the new gastronomy and entertainment concept of the recently extended PlusCity in Austria.

“Extension is a must!”

The mixed-use-property Eurovea in Bratislava is being extended. In an interview with ACROSS, an owner Peter Korbačka explains why Eurovea is in urgent need of expansion.

Development of Retail Parks Accelerates throughout Europe

According to a recent report by Cushman & Wakefield, the sales area of European retail parks will increase by 50% more in 2016 than in the previous year. This growth is due mainly to developments in France, Italy, and the UK.

“Our tenants know what our brands stand for”

Immofinanz is expanding rapidly in Central and Eastern Europe with its VIVO! shopping centers and STOP SHOP retail parks. In an interview with ACROSS, COO Dietmar Reindl explains the underlying brand strategy.

Towards a shopping destination

The declared aim of the Mall of Switzerland, which opens its doors in the fall of 2017, is to become a destination and a favorite, both for tenants and visitors.

THE CITY WITHIN THE CITY

How real estate and shopping center developers can profit from district and neighborhood developments despite strenuous demands and economic risks.