Development Archives - Page 3 of 18

Eurovea’s finishing touches before the ribbon cutting

Eurovea will soon become Slovakia’s largest and widest-ranging shopping center, with 320 shops, restaurants, bars, and cafes covering 85,000 sq m. Work is well advanced on the center and surrounding area to complete construction, approvals, and preparations for the grand May opening.

MIPIM Awards 2023 Winners Announced: Morland mixite capitale is best Mixed-use project

12 best development projects from around the world have been honoured in Cannes. Morland Mixite Capitale Paris, France won the award for the best mixed use development.

Prishtina Mall, Kosovo: The largest shopping center in Southeast Europe opens its doors, managed by Sonae Sierra

Sierra’s Property Management services were instrumental for the Kosovo center, which launches at an 81% occupancy rate.

MIPIM 2023: Best Mixed-Use Projects

Developers have increasingly turned their attention to mixed-use retail developments for their new construction projects and the redevelopment of urban areas. In the post-pandemic era, consumers are looking for diverse work, leisure, and shopping places. Mixed-use, therefore, is not a trend – it is the future of real estate. The following projects are the finalists in the mixed-use category of the MIPIM Awards.

Westfield Hamburg-Überseequartier: Mobility hub in a class of its own

Unibail-Rodamco-Westfield forces the mobility transformation by turning to soft mobility that promotes the use of sustainable, environmentally friendly, socially acceptable and low-accident modes of transport.

ECSP Design and Development Awards 2023 Finalists announced

ECSP announced the finalists of the Design and Development Awards 2023 at MAPIC 2023. The winners will be awarded in a ceremony in March 2023.

WHAT IS THE PRICE OF SUSTAINABILITY?

Brands have long understood the importance of presenting their sustainability credentials to consumers. Along with other policies, such as those relating to bullying in the workplace and mental health, sustainability plays an important part in a brand’s identity, and rightly so.

The most promising development projects

Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.

The impact of war: Ukrainian retail real estate market in 2022

Ukrainian Council of Shopping Places, a member of the European Council of Shopping Places (ECSP), has published a report providing insights on how retail destinations are adapting to the war and the impact it is having on the market. This report, which is exclusive to ACROSS, calculates losses and damages suffered by the shopping centre industry, retail turnover losses and shows reopening plans for some shopping centres.

NEW MARKET REPORT OF TREI AND JLL ON RETAIL PARKS IN POLAND: THE MARKET SHOWS ITSELF TO BE STABLE IN THE CURRENT CRISIS

Trei Real Estate GmbH (Trei), together with Jones Lang LaSalle Poland (JLL), has published a new market report on “Retail parks and local shopping centers in Poland”. The key findings are: Within the overall retail segment, investor interest is focused on retail parks, local suppliers, hardware stores, and food markets.

NCSC WILL NOW BE KNOWN AS NORDIC COMMERCIAL SPACES & COMMUNITIES

NCSC members voted to approve a new name of the association. NCSC will now be known as Nordic Commercial Spaces & Communities.

Multi Corporation appointed property and asset manager for shopping center Central in Bratislava

Following a tender, Multi Corporation has been appointed property and asset manager for Central in Bratislava as of November 1. The shopping center, previously managed by Ece, in the capital of Slovakia, with 36,000 sq m of GLA, is owned by Allianz with the long-term strategic management overseen on its behalf by Allianz Real Estate.

HOLLYWOOD GLAMOUR COMES TO VIENNA: LAMARR OF THE KADEWE GROUP

LAMARR in Vienna’s Mariahilfer Straße 10–18 is set to become the fifth luxury department store of the KaDeWe Group alongside KaDeWe in Berlin, Alsterhaus in Hamburg, Oberpollinger in Munich, and Carsch Haus in Düsseldorf.

Multi Corporation completes 18 million Euro refurbishment of Allee Center in Budapest

Multi Corporation has completed the refurbishment of Allee Center in Budapest, enhancing the interior and exterior design, leading to an improved customer experience. The entire renovation cost amounted to almost 18 Euro million, including a significant investment in sustainability to pave the way to carbon neutrality

Development update: BRATISLAVA’S EUROVEA II heading to the finish line

The construction of Eurovea’s expansion is in full swing. The shopping mall will be opening in April 2023 in full size and in a new design. The project is a clear symbol and indicator for the ungoing mixed-use trend.

“Developers look for Game Changers”

Reify. is Sonae Sierra´s rebranding of its real estate expertise activity which reinforces its commitment to offering multidisciplinary services to investors and developers. ACROSS spoke with Jorge Morgadinho, Reify.’s Executive Director, about the first business year after the rebranding.

55,000 sq m mixed-use project Waterfront Genoa (IT) serviced by Nhood

Nhood Services Italy became a service provider for the urban transformation project of Waterfront di Levante, located in Genoa. Due to the special architectural solutions made by Renzo Piano, Waterfront can be described as a low environmental impact project for the city.

Masterplan for Mixed-Use Development of St. Enoch Center in Glasgow

Property developer and asset manager, Sovereign Centros, has submitted a planning application outlining its masterplan proposals for the reimagination of St. Enoch Center in Glasgow. The mixed-use development puts focus on retail, leisure, entertainment, hotel, offices, and city center living.

Iulius launches €500 Million Urban Regeneration Project in Romania

Iulius Group is launching a new investment in Cluj-Napoca: more than half a billion Euros for their urban regeneration project in Romania.

DI Group expands “Rathaus Center Pankow” for more than €12 million

Deutsche Immobilien-Gruppe (DI Group) is now investing more than €12 million in the expansion and renewal of its shopping center “Rathaus Center Pankow”. The extension will create about 2,100 sq m, 7% more space.

Redevelopment of Westland Shopping Center at the Finish Line

AG Real Estate is on the verge of completing the extensive renovation and extension works it started in 2019 in Westland Shopping Center in Anderlecht (Belgium). The program includes the arrival of a large department store and a number of new retailers, the expansion of the Food & Beverage offer, and the creation of a leisure center of over 4,000 sq m.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
elementor	never	This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_135750163_2	1 minute	Set by Google to distinguish users.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.

Development

CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS