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Development

CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

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

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.

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.

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.

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.

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.

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.

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.

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

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

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

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

Liffey Valley shopping center in Dublin is growing by 22,000 sq m of net space, 1,800 parking spaces, major civic plaza, and 2,500-seat Olympic-sized indoor ice arena.

The Mall of America measures 390,000 sq m of total area and is home to around 520 stores. An extension with 520,000 sq m is under development.

The European market for retail real estate remains dynamic. The coming year will again see many malls, department stores, and retail parks open their doors. ACROSS showcases a few select projects.

Unibail-Rodamco invested €150 million in the modernization of this traditional shopping center in Bochum. It is now positioned as one of the leading lifestyle destinations in the Ruhr region.

Fischapark in Wiener Neustadt recently presented its new dimensions. The operator, SES Spar European Shopping Centers has invested over €100 million in a refurbishment and expansion project at this traditionally successful trading location in Southern Lower Austria over the past three years.

The United States is the “Country of Honor” at this year’s MAPIC. ACROSS reveals a selection of the retail projects in the Land of Opportunity that will be presented in Cannes.