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Left: ACROSS Online Special January, Right: Chris Igwe | Credit: Chris Igwe International

OUTLOOK 2023: “OPPORTUNITIES ARE LIMITLESS FOR PLACEMAKING”

“The greatest opportunities we should focus on are those that provide an Educational, as well as an Experiential component to them. Both these “E’s” are the foundational pieces on which to build real value”, states Chris Igwe, Global Retail Expert and President of Chris Igwe International and member of the ACROSS Advisory Board.

Manifesto Market at Potsdamer Platz | Credit: Manifesto

MANIFESTO MARKET ANNOUNCES ITS OPENING IN BERLIN, GERMANY

Manifesto Market opened Europe’s largest food hub in Berlin, Potsdamer Platz. 22 restaurants spread over 4,400 sq m on two floors, and invite guests to a culinary journey through Europe, to Asia via the Middle East, and to South America. Those parameters make Manifesto Potsdamer Platz Europe’s largest food hub.

Credit: Peel L&P

GLOUCESTER QUAYS, ENGLAND REPORTS RECORD SALES IN 2022

Peel L&P has announced that Gloucester Quays, the premier South West outlet, and dining destination, enjoyed a record-breaking sales period in 2022, surpassing both 2021 and 2019 by 6% and 9% respectively.

Credit: Seven Dials

HERITAGE HAT BRAND STETSON CHOOSES SEVEN DIALS FOR UK FLAGSHIP DEBUT

Shaftesbury has announced the signing of heritage hat brand, Stetson, as their first UK flagship in Seven Dials. Positioned in London’s West End at 58 Neal Street, the new store will span 108 sq m and include an eclectic range of the brand’s signature styles.

Credit: redos

REDOS GROUP ACQUIRES MARIENDORFER DAMM SHOPPING CENTER, GERMANY

The redos Group has acquired the “Mariendorfer Damm” commercial center in Berlin’s Tempelhof district. The property was acquired as part of an asset deal for Union Investment’s special Alternative Investment Fund (AIF) called “Redos Einzelhandel Deutschland III”.

credit: MPC

ESG by MPC – WITH AND FOR THE COMMUNITY

“By investing in human capital, business development and sustainable business strategy, a crisis cannot meet you unprepared”, states Jovana Cvetković, Development, Technical Operations and Innovations Director at MPC Properties. Investing in ESG on all levels is key in 2023 for companies like MPC Properties.

Credit: Oxygen

OXYGEN APPOINTS STÄRKA TO BOOST NATIONAL EXPANSION

The UK’s indoor family activity brand, Oxygen, has appointed Stärka, the leisure real estate advisory business, to support the brand’s expansion throughout the UK. Stärka’s brief is to secure strategically located sites of between 1,858 sq m to 2,787 sq m owned or managed by landlords that are looking to provide a unique experience for their customers and visitors.

Credit: Geiger Gruppe

UNION INVESTMENT ACQUIRES REPURPOSED PROPERTY IN NÜRTINGEN, GERMANY

Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building in the heart of Nürtingen dates back to 1971. Currently known as the Nanz Center, it is being converted into a mixed-use shopping and amenity center. Completion is scheduled for the second half of 2023.

Credit: ESTAMA UK

ESTAMA UK EXPANDS LONDON-BASED TEAM WITH NEW HIRE

Commercial property and asset management specialist, ESTAMA UK, has appointed Jackson Molyneaux as the new Leasing Administrator for the agency, helping to support its property management team as it continues to experience an extended period of growth throughout 2022.

Credit: Festival Place

MAKING A POSITIVE CONTRIBUTION TO THE COMMUNITY AND REMAINING CONNECTED TO THE EVER-CHANGING NEEDS OF CUSTOMERS AND LOCAL RESIDENTS IN TIMES OF CHANGE

As a center launched 20 years ago, Festival Place was originally designed for an era in which ‘big box’ retailers dominated. The demise of high street brands such as Debenhams and Topshop changed the landscape for retail landlords, while the breakneck pace of the e-commerce revolution and the subsequent impact of the Covid-19 pandemic have changed consumer behaviour irrevocably. The team behind Festival Place have responded with a renewed emphasis on the leisure offer, closer engagement with the local community and delivering a range of events and services that all serve to keep the center relevant and to drive continued footfall.

credit: Marc Peter

THE GREAT COMEBACK OF PHYSICAL RETAIL REAL ESTATE

A crisis forces us to think in new and different ways. It is a challenge – but finally, almost always, it leads up to new ideas and helps to speed up the much-needed change, states Caroline von Westerholt, Head of Strategy & Repositioning of Retail Properties at Twenty One Media GmbH. She explains her biggest learnings from the current crisis.

Credit: Merry Hill

OVER 16,258 SQ M OF NEW DEALS AT MERRY HILL IN 2022 CAPPED OFF BY LIDS REGIONAL DEBUT

Sovereign Centros has announced the opening of Lids, a leading global retailer specialising in licensed sports and fashion-oriented headwear and apparel, at retail and leisure destination Merry Hill. The regional debut caps off a successful period, with more than 16,258 sq m of new deals secured in the calendar year at the destination.

Spend time with us @ LYNK & Co Club Berlin

In the future, cities will have more green spaces than parking spaces for cars. New models of use such as subscription models or special leasing options are already being offered by some providers, the call for more efficient use of vehicles is becoming louder and louder.

credit: Fairmoney

„Mr. Cost Transparency“

„Cost efficiency and transparency“ – according to Markus Schmut, these are the two big “drivers”, especially for the retail real estate industry in the coming year. We have spoken with Markus Schmut, the managing director of Fairmoney. Using a shopping center as an example of a case study, he shows us what is possible with efficient fixed cost management.

SES EUROPARK christmas shopping credit: wildbild

CONSUMER DATA: RETAILERS ARE STILL MERRY THIS SEASON

European retail sales have declined in the month of October as consumers struggle with the increased cost of living. However, the real effect will become the new reality in 2023. During Christmas season, shopping places such as the shopping centers managed by the Austrian SES have performed very good. One reason is the focus on a positive customer experience.

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