2021 continues to be a year full of expansion, development, and transformation for the Slovak retail market with approximately 158,000 sq m of additional retail area well underway.
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Bigger leaps are being taken to lift us out of this pandemic. We still have a long way to go, the path ahead will be rocky, and the load we must carry is heavy. However, not everyone should expect the party to begin once we make our way out of the darkness. The beat of the drum and the rhythm of the song have changed.
Chengdu Grand Shopping Center | CHINA +++ Arsib Tower | RUSSIA +++ Distrito Vivo | MEXICO
“Without the physical aspect of real estate, you cannot obtain the same engagement, fulfilment, or experience: It is simply not as effective.”
Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.
Global Retail Attractiveness Index remains weak in Europe. Poland, Germany and Ireland are new top trio in index. UK the only market to see an increase.
In a critical period for HoReCa, office or mixed-use projects, recent investments are adding new flavors and attractive or innovative functions to revive the pulse in key submarkets of Bucharest. Can dining or working with sky views make flexible working or meetings more appealing?
The following 10 trends are currently driving the placemaking industry.
The Covid-19 pandemic brought massive changes to the entire retail real estate and placemaking industry. A lot of negative developments, but also a number of opportunities and possibilities for the future. We asked the following industry experts to share their opinion on the matter.
Westfield Mall of the Netherlands +++ McArthurGlen Designer Outlet West Midlands +++ Delta Planet Niš +++ La Couvinoise +++ Breogán Park +++ The Pyramid
Nivy Station in Bratislava, is taking its final form. The international bus station, shopping mall, farmers’ market, and green roof for active rest and relaxation are being prepared to welcome people from all around the country at the end of this summer.
As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.
Digitalization, flexibility, and mobility trends are key factors according to Multi Corporation.
The Eurovea mixed-use complex was completed in the Slovak capital just over 10 years ago. The shopping center is being enlarged by 25,000 sq m, with the new retail space scheduled to open next year.
Recruitments, promotions and appointments...
The real estate business is not a sport but there are many similarities. Fair play, progress through training, new methodologies, competition, success (and failure), injuries and recovery, awards, fame etc.
A new report from Union Investment and JLL highlights the growing grocery real estate market, with the share of European grocery real estate investment, as a proportion of total retail real estate investment, reaching 22% in 2020, up from 6% in 2016.
The shopping area of Eperia in Prešov is increasing by a whopping 50% with 25 new shops, new restaurants, and a multiplex cinema.
OUT NOW - LATEST ISSUE! ++ The New Role of Retail ++ About Mixed Used Real Estate Drivers ++ The Storm of the Century ++ Turkish Market Report ++ Westfield Mall of the Netherlands ++ and much more.
