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“There are opportunities in every market”

March 29, 2023

“It is all about people and opportunities”, states Cristina Santos. The Managing Director of Property Management of Sonae Sierra talked to ACROSS founder Reinhard Winiwarter about the management contract for Prishtina Mall, the company’s principles in property management and the potential of new regions.

On 30th March, Promenada will reopen to the public!

March 24, 2023

The renovation works at the Promenada shopping center are nearly finished! On March 30th, the shopping center in Warsaw will reopen to customers.

Online shop Sellpy is coming to Berlin’s ALEXA

March 24, 2023

The concept of the winning team in the First Store by ALEXA Vol. 4 retail competition will become reality at ALEXA at the end of March 2023. It is the first stationary Sellpy pop-up in a shopping center.

Successful Retail Open House: Leasing activities at Unibail-Rodamco-Westfield continue to run at full speed

March 24, 2023

Around 900 guests from the retail, gastronomy, leisure and real estate sectors followed the invitation of URW to the two-day Retail Open House in Hamburg. The focus of this year’s Retail Open House was on the presentation of URW’s corporate strategy, the portfolio in Austria and Germany as well as an update on the mixed-use project Westfield Hamburg-Überseequartier.

Trei Sells Portfolio in the Czech Republic and Slovakia to Plan B Investments

March 24, 2023

Plan B Investments acquires portfolio of 60 supermarkets and commercial properties and 10 retail parks. Trei is pulling out of the Czech and Slovak markets, with future development activities to focus on the core markets of Germany, the United States and Poland.

Eurovea’s finishing touches before the ribbon cutting

March 17, 2023

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.

Major differences in the market shares of shopping centers in Europe

March 15, 2023

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.

Mipim 2023 is kicking off in the Cannes

March 14, 2023

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.

MPC PROPERTIES’ WAY OF LEADING THE INNOVATION PATH

March 14, 2023

“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.

Mixed-use: Redevco starts the refurbishment of its iconic edifice Boulevard Haussmann 49 in Paris

March 14, 2023

Urban real estate company Redevco is starting the refurbishment of its generational asset, held for more than 30 years: a contemporary project that responds to current commercial practices and that is taking place on one of the capital’s major arterials, opposite the big department stores and in a must-see district in which tourists and Parisians converge.

“EVERY PREDICAMENT HAS THE POTENTIAL TO INSPIRE YOU”

March 13, 2023

Rüdiger Dany, CEO of NEPI Rockcastle, believes that one of the biggest mistakes made in the last 15 years was not being able to seize and take advantage of opportunities during a crisis or difficult situation. He has worked in very different markets, with different stories and problems, but his general takeaway is clear: The investments and development plans of a company should never be stopped unless it is absolutely necessary.

“DEVELOPERS ARE BRAVE PEOPLE BY VIRTUE OF THEIR BUSINESS MODEL”

March 13, 2023

Steffen Hofmann is a Managing Partner at ambas. Having worked in eight European markets, he has a deep understanding of the mechanisms of international investment markets. On the occasion of the 15th anniversary of ACROSS, he discusses the historic evolution of the retail real estate industry from the perspective of the financial market.

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

March 9, 2023

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

Trei Increased its Development Pipeline

March 7, 2023

Pipeline divides into 1.8 billion euros of residential and 200 million euros of retail developments.

Conclusion Euroshop 2023 – International but more emotions needed

March 7, 2023

EuroShop 2023 has closed its doors for 2023. 1830 exhibitors from 55 nations presented their product innovations to approximately 81,000 trade visitors from 141 countries. Heidemarie Kriz reflects on the five days of the trade fair and concludes that while the fair had international appeal, the exhibitors could have been more emotionally engaging.

“The Future is All About Reinvention”

March 2, 2023

How would one summarize the last 15 years in retail real estate? Gregory Fonseca, Director of Architecture BDP, expresses it in one word: disruptive. He takes us on an instructive journey through 15 years of retail and retail architecture.

Sonae Sierra consolidates its activity in Morocco with the opening of Aeria Mall

March 1, 2023

Sierra now manages three assets in Morocco, totaling 84,800 sq m of GLA. Reify. optimized the layout, created different parts of the concept and provided technical assistance during all project phases.

Scallier: Construction of two more retail parks in Romania

March 1, 2023

The retail parks in Vaslui (9,975 sq m GLA) and in Mosnita (8,500 sq m GLA) are the fifth and sixth schemes to be delivered by Scallier, a Polish development and investor company, to the Romanian market.

UNIBAIL-RODAMCO-WESTFIELD CONCLUDES 732 LEASE CONTRACTS IN 2022

February 23, 2023

Unibail-Rodamco-Westfield currently operates 23 centers in the Germany and Austria region: 21 in Germany, eight of them in the Group’s own portfolio, and two in Austria. A total of 732 leases were concluded for these 23 centers last year. In addition, the mixed-use project Westfield Hamburg-Überseequartier, which is being developed by URW in Hamburg’s HafenCity until spring 2024, also experienced a lot of activity in 2022. The pre-letting rate for the retail, dining, and leisure sectors is now 73 percent.

Out now: New issue “15 years ACROSS – ACROSS Magazine Anniversary Edition”

February 23, 2023

OUT NOW – LATEST ISSUE! +++ 15 years ACROSS! – The European placemaking industry: more complex and sophisticated, but also smarter.

15 Years of Retail Real Estate: The Industry Has Become More Complex, More Demanding, and Smarter!

February 23, 2023

As banal as that may sound, the “question of existence” vis-à-vis the customer is one that many retail locations are currently grappling with in earnest, explains Reinhard Winiwarter, Founder and Managing Director of ACROSS, in his 15-year retrospective.

Polish retail park Turawa Park is fully leased and ready for further development

February 22, 2023

Turawa Park in Opole announces the extension in Turawa Park. The retail park concept will offer a unique shopping experience, with an emphasis on convenience, accessibility, and a unique mix of merchandise.

Umdasch Group goes Metaverse

February 22, 2023

“We create spaces” a strong mission of the Umdasch Group that does not stop at the virtual world. In addition to sound expertise in designing and creating new spaces, the company thinks big and ventures beyond the boundaries of the physical world with its competencies. Specifically, this involves the entry into the metaverse.

Redevco announces UK Build to Rent joint venture with SFP

February 16, 2023

Redevco, SFP Group and SFP UK have signed a joint venture (JV) agreement to invest in the UK Build to Rent (BTR) real estate market over the next couple of years. The strategy will focus on repurposing existing underutilised commercial assets that offer the potential for transformative residential-led mixed-use projects that will positively impact local communities.

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