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THE LATEST PLACEMAKING NEWS

The first shop in the reshuffling of stores in the center of Vienna has now opened its doors: Louis Vuitton has moved into the former headquarters of Julius Meinl (since 1999; next door, at Am Graben 19, the delicatessen has been open since 1950).

“Creating great places is a balancing act between art and science,” states William Kistler, Founder and Managing Partner at urbanOvation. urbanOvation is a platform community created to foster better collaboration among all built environment stakeholders. In this article he argues that easy to measure, quantitative KPI metrics distract from the equally important qualitative ‘art’ that is essential to great placemaking.

“What a ‘better everyday life’ means in terms of shopping center experiences has significantly changed over the last 15 years, states Vasco Santos, Global Sales & Leasing Director at Ingka Centres. As a result, the key performance metrics for such spaces have also evolved,” he explains. We might take the same numbers into consideration, but the way in which these numbers should be interpreted is new.

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.

Three new independent retailers are heading to the Cwmbran Centre. A crystal shop, nail salon and hair and beauty salon have all signed up for shops at the busy shopping centre, which is the dominant retail and leisure destination in the South Wales town.

After the shopping center landscape generally had to endure a lot in the past years, a pretty clear résumé is according to RegioData Research finally on the table: Shopping centers are by no means a phased-out model and will continue to dominate the stationary retail sector in the medium term.

Today the real estate fair Mipim started in Cannes. It will take place until March 17th. Organizer RX expects 23,000 participants from over 90 countries this year, which would be 15% more visitors than in 2022.

“We have learned to be very proactive and responsive to rapid change,” states Maxence Liagre. The CEO of MPC Properties, along with other employees from various departments, reflects on the past 15 years, the challenges facing the SEE market, and what the next decade has in store.