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THE LATEST PLACEMAKING NEWS

MK Illumination is unveiling its latest offerings for the upcoming summer season, promising to infuse shopping centers and public spaces with vibrant energy and captivating designs.

The EuroCIS trade fair in Düsseldorf is the leading trade fair for retail technology in Europe. A large number of international exhibitors showcase the latest IT solutions and innovations tailored specifically to the retail sector.

In historical comparison, 2024 may be another relatively quiet year for transactions, says Steffen Hofmann, Managing Partner at ambas. However, the prospect of more moderate interest rates means that a number of players are taking a much more positive view of the future. It will also be a year of clarity: Motivated sellers will place highly interesting properties on the market and apply a deal-oriented negotiation approach. For investors, the entry price is not the only thing that matters – the ability to invest in sustainable properties does as well.

ambas Real Estate GmbH is celebrating its tenth anniversary on March 1, 2024. Since launching its market activities in 2014, the Mainz-based company has developed into an internationally active market player in the retail and mixed-use real estate sector as an independent consulting boutique. “We are delighted with the great projects that we have been able to successfully complete during this time and the trusting business partnerships that we can continue to rely on in the future!” says Managing Partner Klaus Mennickheim.

The EuroCIS trade fair in Düsseldorf is the leading trade fair for retail technology in Europe. A large number of international exhibitors showcase the latest IT solutions and innovations tailored specifically to the retail sector.

How can shopping places become “future ready” by responding to the rapidly changing retail landscape and the future behaviors and expectations of their audiences? An analysis by Ibrahim Ibrahim, Managing Director of Portland Design.

“Support smaller, local operators and artisan producers with more flexible spaces,” states Paulina Herrmann, Director at Coverpoint Foodservice Consulting, in the latest “Industry Outlook 2024”.

The EuroCIS trade fair in Düsseldorf is the leading trade fair for retail technology in Europe. A large number of international exhibitors showcase the latest IT solutions and innovations tailored specifically to the retail sector.

Consumer criticism of shopping centers is nothing new, states Ken Gunn, Managing Director of Ken Gunn Consulting. As a retail business consultant, advising investors and asset managers, he has reported survey-based dissatisfaction with the proposition, branding, and management of shopping centers for 30 years.

Unibail-Rodamco-Westfield (URW) currently operates 21 assets in the German and Austrian region: 19 in Germany, eight of which are in the Group’s own portfolio, and two in Austria. Last year, a total of 714 rental contracts were closed for these 21 assets. The average vacancy rate for the core locations in the portfolio around Westfield Centro in Oberhausen, Ruhr Park in Bochum, as well as Westfield Shopping City Süd in Vösendorf in Greater Vienna and Westfield Donau Zentrum in Vienna, is less than two percent.

New highlight at Forum Hanau: on Friday, February 23, 2024, the renowned European retailer Pepco opened its doors for the first time on the second floor of the shopping center.

Since February 24, Schuh Bode has been enriching the fashion offering at QUARREE with a wide range of brand shoes for men, women and children on over 500 sq m of retail space. Family-run for five generations, the Hamburg shoe company fits in perfectly with the tenant mix of the center in the middle of Wandsbek.

“In the future, shopping centres will look different to how they do today, but if they lean into the change, they can be just as successful as they have been in the past,” states Thomas Mark, President of MK Illumination, and Member of the ACROSS Advisory Board, in the latest “Industry Outlook 2024”.