CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Development

Fashion Mecca Deluxe in the Heart of Vienna

More than 20 luxury shops, a five-star hotel, exclusive apartments, and modern office space: The “Goldenes Quartier” (“Golden Quarter”), developed by SIGNA, is in a prime city center location and casts its spell on both tourists and locals.

Projects & Openings Europe

T1 Shopping Centre is one of the most dynamic developments in the Baltics as well as of the largest mall project in Tallinn, Estonia.

Projects & Openings International

The Merdeka PNB 118 development was recently launched by Malaysian Prime Minister Datuk Seri Najib Tun Razak, paving the way for a new icon on Kuala Lumpur’s skyline.

This autumn, IKEA Centres is to open two shopping centers in Europe

IKEA Centres is IKEA Group’s global shopping center company. Together with IKEA stores and other tenants, IKEA Centres creates inspiring and family-friendly meeting places for many people. This autumn, the company will open two shopping centers in Europe, the first in Brescia, Italy, and the second in Bayonne, France.

66,000 sq m of GLA for Palma

“FAN Mallorca Shopping,” Carrefour Property’s largest real estate project currently underway in Europe, opens in September.

Revitalized & quarterly oriented

The EHI Retail Institute recently presented the German “Shopping Center Report 2016.” It reports that only four new projects will be completed this year. Revitalizations and neighborhoods centers currently prevail.

From Places to Experiences—Integrated Design by Storytelling

Why it’s becoming important to link the architectural, interior, and brand design into one “integrated design” process as the shopping center industry moves to create places as experiences.

Shopping centers in Moscow will decrease

The annual volume of new Moscow shopping centers will decrease to 460,000 sq m in 2016. Almost 90% of 2016 completions will come from postponed projects.

PREMIUM BRANDS IN THE BEST COMPANY

When it opens its doors in autumn 2017, the Mall of Switzerland will offer a unique mix of shopping experiences, enriched by a variety of fun leisure opportunities.

Grand Central, Birmingham

Haskoll acted as lead architects for Grand Central in Birmingham. The goal was to create a new vision for the retail environment transforming the Pallasades Shopping Center into a world-class premium shopping and dining destination integrated into a major transport hub. This scheme, which won a BCSC Gold award, now sets the benchmark for retail and transport design.

Great projects in CEE

Last year, Multi Corporation opened its first shopping centers in Slovakia and Ukraine. European Leasing Director Mark Siezen explained what further projects are pending in an interview with ACROSS.

“We are creating meeting places”

Gerard Groener, the new Managing Director of IKEA Centres, explains its future strategy and tells why the company is selling up to 25 retail parks in Europe.

Redefining big retail destinations

Digital technology, compelling customer experiences and the right leisure and dining opportunities lie at the heart of intu’s strategy to create the best and most relevant shopping destinations for retailers and consumers.

Refurbishment - Revitalization - Redevelopment

While the development of new shopping centers dominated the market for many years, the preservation and reuse of existing objects have been growing in importance for some time. Clear definitions of the various terms are helpful.

The SIGNA Story

Over the first 16 years of its existence, SIGNA has succeeded in developing itself into a company of European caliber, with real estate assets of over €6 billion and a sales volume in its retail investments of over €3 billion. A journey from Tyrol to Vienna and Bavaria and on to Berlin, where the Austrian group has been driving pioneering retail projects at every stop along the way.

Georgian Project

Galleria Tbilisi is set to open its doors in September 2017. The shopping center is meant to coax retailers to come to Georgia.

Launch of MegaGrinn

The first phase of the 230,000-sq-m mixed-use project in Kursk, Russia, opened on March 1. Phase two follows in September.

London ahead of Paris and Munich

According to Redevco, these are the top three most attractive European retail destinations. It is notable that soft factors continue to drive city performance.

“Poland is our main focus”

In an interview with ACROSS, Árpád Török, CEO of TriGranit, explains the company’s focus since its acquisition by TPG Real Estate.

A Prestigious Refurbishment

Ringstrassen Galerien in the heart of Vienna is among Austria’s top retail areas. Now the site is undergoing a comprehensive makeover.