CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Development

Boutique luxury department store for Amsterdam

The Dutch capital is getting a new shopping destination in 2016: Haussmann is opening an upscale department store right on Rokin street.

Arabian showpiece

The “Yas Mall” in Abu Dhabi boasts around 230,000 sq m of GLA. The emirate’s largest retail and entertainment center scores not only with its size, but also with its sustainability.

Ukrainian Shopping Centers in the Shadow of the Country’s Unstable Situation

Colliers International sheds light, among other things, on the retail real estate sector in Ukraine in a new report on the year 2014. As expected, all key indicators deteriorated.

Home of Indulgence

The Minto shopping center in Mönchengladbach is already a success story. Its presentation as the “Home of Indulgence” counts: Just one month after opening, mfi/Unibail-Rodamco recorded one million visitors.

A LOOK AT THE DANISH CAPITAL

Sadolin/Albæk takes a close look at the metropolis on the Øresund and its surroundings in “Copenhagen – Property Market Report 2014.” It examines the retail segment, too.

SHOPPING CENTERS AND MARKET DEVELOPMENT IN FINLAND

The shopping center business in the Scandinavian country has reached its 30-year anniversary. It is not yet a mature sector, but it is an area with continuous development.

IN THE LAND OF MILK AND HONEY

Historically the people of Belarus went to Vilnius, Warsaw, or Moscow to buy brands that they could not get at home. This trend is beginning to change as more and more international brands seek space in the country’s new shopping centers.

NICHE MARKET WITH POTENTIAL

“Small is beautiful” is how experts characterize the market in the Czech capital Prague. But insider knowledge is essential.

ON THE LOOKOUT FOR THE “EUROPEAN TOP 50 RETAIL DEVELOPERS & OPERATORS”

The largest empirical study of brand equity in the real estate industry – the “Real Estate Brand Value Study” by Eureb – is expanding its panel. In cooperation with ACROSS, European retail developers and operators will be examined for the first time.

VORACIOUS DEMAND FOR GERMANY’S COMMERCIAL REAL ESTATE

According to Savills, transaction volumes in the black-red-gold republic rose by a third in the first quarter of 2015 compared to the same quarter last year.

TARASY ZAMKOWE LAUNCHED IN LUBLIN

The Austrian company Immofinanz Group has completed another retail project in Poland: the Tarasy Zamkowe mall opened in Lublin on March 4, 2015. Its lettable area of 38,000 sq m gives it room for shopping, entertainment, recreation, and leisure activities with a balanced tenant and range mix. The investment amounted to approximately €115 million.

INNO ANTWERP MEIR IN ITS OLD GLORY

Redevco recently celebrated the completed restoration of the Antwerp Inno building. The monumental department store was built in 1901 and has now been restored to its former glory.

AND THE WINNER IS…

Markthal in Rotterdam received the 2015 award for the Best Shopping Center at this year’s MIPIM. The developer, Provast, is rightly overjoyed.

OPENED NOVEMBER 28

With 230,000 sq m of GLA, Avia Park in Moscow is one of the largest shopping centers in Europe. AMMA Development is responsible for the project.

POLYGONE RIVIERA 73% LEASED ONE YEAR AHEAD OF OPENING

Unibail-Rodamco and Socri announce strong leasing progress for Polygone Riviera. The 70,000-sq-m center will be the first lifestyle mall in France.

A PROJECT FOR MARSEILLE

The city in southern France is undergoing a cultural and urban renaissance. Klépierre is betting on the seaside metropolis with Prado shopping center. Galeries Lafayette will be one of the anchor tenants.

AN EARLY LAUNCH IN STUTTGART

ECE opened the Milaneo mall in the new European quarter of Baden-Württemberg’s capital on October 9 – half a year earlier than planned.

CONTRUCTION PROGRESSING IN GDANSK

One of Galeria Metropolia’s construction elements in Gdansk has already reached the target height of the whole building and installation – a full year and a half before the planned opening. Two levels of the gallery’s northeastern wing are already visible, as is the roof, which will serve as the parking lot for the customers.

“SHOPPING BY ACCIDENT”

A few weeks ago, Ikea Russia presented its plans for the coming years at an open house tenant day in Moscow. ACROSS listened in on the presentation and spoke afterwards with Ikea Russia’s chief Armin Michaely about the Russian market and the shopping center of the future.

IKEA’S NEW PRIDE

Ikea plans to invest around €2 billion in Russia in the coming years. Mega Mytischi, northeast of Moscow, is a landmark.