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German Sustainability Award Foundation (DNP) selects L’Oréal as winner

November 2, 2023

The winning company, will be honored for its sustainability program ‘L’Oréal For The Future’ at the German Sustainability Day on November 23, 2023 in Düsseldorf.

Paunsdorf Center commissions Germany’s largest photovoltaic system on the roof of a shopping center

October 27, 2023

The cooperation between Unibail-Rodamco-Westfield and Stadtwerke Leipzig shows that the retail and leisure destination is positioning itself as a responsible partner to invest locally in the sustainability and attractiveness of the location. The project is an absolute pioneering achievement.

COTSWOLDS DESIGNER OUTLET CONSTRUCTION COMMENCES AS ROBERT HITCHINS BRINGS BOUYGUES UK ON BOARD

October 26, 2023

Robert Hitchins Ltd has appointed Bouygues UK Ltd as main contractor to deliver the first phase of Cotswolds Designer Outlet in Tewkesbury, creating 12,635 sq m of retail and F&B space for 56 new brands in this gateway to the Cotswolds location. Construction commences in November 2023 ahead of a Spring 2025 opening.

MEC will again be the operator of RemsPark Waiblingen from November 2023

October 25, 2023

MEC will take over the operational site management of RemsPark in Waiblingen, Germany on November 1, 2023. A corresponding contract has now been concluded with the owner Kaufland, which in turn acquired the retail park with local supply character in November 2022.

MK Illumination: 6 Continents, still one family-run company

October 24, 2023

MK Illumination takes giant steps towards globalisation on the North American continent using global and local knowledge.

Explaining the System: Interview on Site Evaluation with Data Analysis & AI

October 23, 2023

In an in-depth interview and a comprehensive case study of a shopping center, Oliver Zügel and Steffen Konrath from the AI company evAI Intelligence GmbH show the potential of site evaluation using data analysis and artificial intelligence.

Site Evaluation by evAI

October 23, 2023

Description of the methodology and the analysis modules.

Westfield Hamburg-Überseequartier: A dozen more partners on board, continuing differentiation in the brand and concept mix

October 19, 2023

Unibail-Rodamco-Westfield (URW) Germany announces twelve more partners for the retail sector of the mixed-use quarter in Hamburg’s HafenCity. Through the new partnerships in accessories, jewelry, beauty, technology, fashion, and more, the company ensures further differentiation within the brand and concept mix and once again brings a number of global brands and trend labels on board.

Construction of Designer Outlet Kraków off to a strong start

October 19, 2023

Designer Outlet Kraków, owned by KG Group and managed by ROS Retail Outlet Shopping, is officially taking shape and will become the new smart shopping destination for Krakow and the Lesser Poland region in spring 2025.

URW sells Polygone Riviera for triple-digit million amount

October 18, 2023

Polygone Rivera is the first lifestyle shopping center in France that combines contemporary art and leisure with shopping. It opened in 2015 and has an extremely attractive product range with over 130 brands.

Energy cost savings via AI: “Retail is where we can make the biggest difference”

October 12, 2023

Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.

La Torre Outlet Zaragoza wins ‘Great Retail Company Award 2023’

October 9, 2023

The government of Aragon held the third edition of the Aragon Retail Awards on October 4 in Huesca.

International Brands Drawn to NEPI Rockcastle’s €136 million Promenada Craiova, the Largest Retail Real Estate Development Opening in CEE Markets in 2023

October 5, 2023

NEPI Rockcastle’s €136 million Promenada Craiova development in central southern Romania officially opens its doors today. The retail scheme has attracted a host of international brands and is the largest retail development by size and investment value opening in Central and Eastern Europe in 2023, according to CBRE.

Traditional shopping center in Linz undergoes transformation through new construction

October 5, 2023

In addition to the shopping center, an entire city district of approximately 40,000 sq m is to be developed.

Place of the Week: Westfield Mall of Scandinavia

October 5, 2023

The biggest shopping center in the Nordics, the Mall of Scandinavia is a combination of innovative and traditional design. Opening in 2015, the center received a very positive reception, with over 40,000 people visiting already on the first day. In 2019, Uniba-Rodamco Westfield obtained the center, changing its official name to Westfield Mall of Scandinavia.

Stockholm, Sweden: A special ACROSS Study Tour to the Venice of the North

October 3, 2023

The ACROSS Study Tour closed its premiering year with a very successful tour to Stockholm, Sweden. The two-day trip welcomed participants from six countries with the aim of learning about the Swede´s perception and utilization of different retail spaces.

VIA Outlets Achieves Top 5-Star ESG Rating for Fourth Consecutive Year in 2023 GRESB Benchmark Report

October 2, 2023

VIA Outlets, has achieved the highest 5-star rating in GRESB’s 2023 Real Estate Sustainability Benchmark Report for the fourth consecutive year, placing the company 7th in the “Europe, Shopping Center” category and 11th in the “Retail Europe” classification.

“We should all say: Now, more than ever!”

September 29, 2023

In this in-depth management interview, Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties, not only spoke about the current global developments taking place at his company, but also about the opportunities in the Turkish market, why Turkish brands are expanding so successfully in Europe, the Middle East, as well as in the MENA region, and about his recent experiences in China. His advice: Now, more than ever, it is time to look towards Asia.

Fundraising for Mitiska REIM’s MEREP 3 value-add fund reaches 168 Euro million

September 28, 2023

Mitiska REIM has today announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), has now reached 168 Euro million. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.

REVITALIZATION AND ASSESSMENT OF RETAIL REAL ESTATE: CASE STUDY OF RATHAUS GALERIE ESSEN

September 28, 2023

Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.

“CREATING VIBRANT LIVING SPACES”: TURNING KING CROSS ZAGREB INTO CROATIA’S MOST MODERN SHOPPING DESTINATION

September 28, 2023

Renovating existing buildings and reducing new construction is the order of the day. Christoph Andexlinger, CEO of SES, uses the example of KING CROSS Zagreb to explain how the company is developing the established, aging center into a state-of-the-art mall with a high quality-of-stay via a complete refurbishment, thereby elevating it to the next level of success.

BIG CEE: “Marketing is just the most visible piece of our investment puzzle”

September 27, 2023

A good tenant mix and a high level of marketing activities are not enough to turn a location into long term success. BIG CEE explains the company’s additional ingredients for success.

Trei Real Estate Plans to Integrate More Institutional Equity via Joint Venture Structures in Future

September 27, 2023

The goal of the company is to scale up the development business. Trei is currently developing a total of 5,900 residential units and 16 retail parks.

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