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All-round profile: Westfield Hamburg-Überseequartier becomes a hub
for sports, well-being and health

February 15, 2023

Sports Club became exclusive partner in the fitness sector with unique flagship format.

CUSHMAN & WAKEFIELD NEWLY MANAGES AND LEASES ADVENTUM’S SHOPPING CENTER’S PORTFOLIO

February 13, 2023

Cushman & Wakefield has taken over the management of a portfolio of three shopping centers and one retail park acquired from Tesco last year by the Hungarian investment group Adventum Group in a unique transaction involving 18 retail projects across the CEE region.

EUROFUND GROUP’S UBBO SEALS FIRST-TO-PORTUGAL UCI LUXE CINEMA

February 10, 2023

Eurofund Group announces a new deal with UCI Cinemas, at UBBO in Lisbon. Once the new cinema opens, after its refurbishments, UBBO is to further enhance its position as one of the main leisure destinations in the Portuguese capital.

New Member: André Stromeyer Joins ACROSS Advisory Board

February 9, 2023

The ACROSS Advisory Board is happy to welcome its newest member, André Stromeyer.

OUTLOOK 2023: “DIGITALIZATION, BUT WITH A DIFFERENT APPLICATION”

February 7, 2023

“In terms of energy management, technological applications will become a critical success factor when it comes to using lighting, cooling, and air conditioning efficiently and in a customer-oriented way,” states Silvio W. Kirchmair, CEO of umdasch The Store Makers and Member of the ACROSS Advisory Board.

OUTLOOK 2023: “BACK TO TIMES WHEN BUILDINGS AND PUBLIC SPACES SHOULD ALSO PROVIDE PROTECTION”

February 7, 2023

“The reconstruction of Ukraine will be a unique opportunity to use the most revolutionary practices. It will be a unique chance for the placemaking industry for sure,” states Vitalii Boiko, CEO of Urban Experts and NAI Ukraine and Serviceman of the National Guard of Ukraine.

OUTLOOK 2023: “A POSITIVE EVOLUTION IS ALREADY IN THE MAKING”

February 3, 2023

“The opportunities lie in the direct and sensual engagement of the customers, guests, and visitors via multifunctional spaces which do not just serve one particular purpose, but moreover offer a colorful range of themes, topics, and experiences related to the brand itself or beyond,” states Jonathan A. Calverley, Head of Retail Leasing at Art-Invest Real Estate Management.

OC Atrium Flora is now managed by Cushman & Wakefield

February 3, 2023

As of January 1st 2023, Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe Ltd. (formerly Atrium European Real Estate).

OUTLOOK 2023: “The energy crisis provides an opportunity to accelerate ESG initiatives.”

February 2, 2023

“The energy crisis provides the perfect opportunity for new ESG initiatives, and we are seeing this also through the sharp increase in requests Multi receives from clients to advise on ESG strategies”, states Steven Poelman, Co-CEO of Multi Corporation.

Trei Sells Portfolio of 49 Retail Properties in Portugal to LCN

February 1, 2023

The international developer and asset manager for residential and retail real estate Trei Real Estate GmbH (“Trei”) has sold off its entire portfolio of 49 assets in Portugal to LCN Capital Partners.

Evolve Estates acquires main shopping centre in Northampton

January 31, 2023

Grosvenor Shopping Northampton is under new ownership after it was snapped up by Evolve Estates, the national commercial property and investment company.

Sonae Sierra selected for the retail spaces of Chorus Life Bergamo

January 27, 2023

Sierra will take care of the leasing of the retail spaces of Chorus Life Bergamo. Chorus Life Bergamo is an integrated urban scheme focusing on the individual and their needs, in which social well-being, economic profit, sustainable architecture and smart technology are perfectly blended.

MEC’S CONSTRUCTION BUSINESS CONTINUES TO GROW

January 26, 2023

MEC, the retail real estate specialist and German market leader for the operation of retail parks, has successfully completed 48 general planning projects in 2022. MEC’s Technical Property Management (TPM) team was given 36 contracts for complex construction measures at central locations.

VIA OUTLETS CELEBRATES A RECORD-BREAKING YEAR WITH 1.2 BILLION EUROS IN BRAND SALES AND A 27% INCREASE IN VISITOR EXPENDITURE

January 25, 2023

VIA Outlets is delighted to welcome the new year, building on a strong 2022 that saw over 300 remerchandising deals and increased spending per visitor at outlets across its portfolio. VIA Outlets’ record-breaking year, which even beat pre-pandemic figures, proves once again that outlets remain among the most resilient retail sectors, even during difficult global economic conditions.

OUTLOOK 2023: “DECENTRALIZATION WILL DEFINE THE FUTURE OF THE INDUSTRY”

January 25, 2023

“’Shop local’ is on the rise. People within communities tend to support local businesses, so the shop local movement will rise in its popularity even more”, states Grigory Pecherskiy, Managing Partner of ADG Group.

OUTLOOK 2023: “OPPORTUNITIES ARE LIMITLESS FOR PLACEMAKING”

January 25, 2023

“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.

SES HEADQUARTERS WITH FOUR NEW HEADS OF DIVISION

January 24, 2023

As of January 1, 2023, Austria’s market-leading shopping center operator SES Spar European Shopping Centers has promoted employees from its own ranks to management positions: Mag. Petra Hemetsberger takes over as Head of Asset Management, Roland Gruber is Head of the Construction Department, and Nina Wolfgruber, MA is responsible for the newly created Business Process Management Department. As of November 1, 2022, the responsibility for the Legal Department has already been in the hands of Thomas Frauenlob, LLB.oec.

Special Issue “Industry Outlook 2023”

January 24, 2023

We present our Online Special “Industry Outlook 2023”.

EUROFUND GROUP WELCOMES 2023 WITH ENTRY INTO NEW MARKETS, NEW OPENINGS, AND RECORD FOOTFALL NUMBERS

January 20, 2023

Continued European expansion, including entering the UK and Italian markets, completing its first center in the UK, and building on existing growth in Iberia have all made 2022 the investor-developer’s best year yet.

SUCCESSFUL START TO THE NEW YEAR IN THE LEASING OF WESTFIELD HAMBURG-ÜBERSEEQUARTIER, GERMANY

January 19, 2023

By the turn of the year, Unibail-Rodamco-Westfield Germany had gained 20 more partners for the various retail, dining, and leisure clusters of the upcoming flagship destination in Hamburg’s HafenCity. The leasing of the food & beverage areas is also in progress.

ECE MARKETPLACES FURTHER DEVELOPS G3 SHOPPING RESORT GERASDORF NEAR VIENNA, AUSTRIA WITH NEW SPORTS AND OUTDOOR EXPERIENCE WORLD

January 19, 2023

ECE is further developing the G3 Shopping Resort Gerasdorf near Vienna and is expanding the offer and tenant mix of the center with its more than 130 stores with new retail, product testing, and experience areas. The aim is to create a unique sport and outdoor focus – on a 5,000 sq m indoor sports retail area and a 3,000 sq m outdoor sports area – as an additional attraction for the center.

UNION INVESTMENT’S REAL ESTATE BUSINESS SEES STEADY GROWTH IN 2022 EVEN AFTER INTEREST RATE HIKES

January 13, 2023

Union Investment has used the capital resources of its real estate funds to continue investing in portfolio diversification and profitability in the past year. In 2022, Union Investment generated net capital inflows of 3.3 billion euros across its retail and special funds.

KGAL’S NEIGHBORHOOD QUARTER “PERLACH PLAZA” IN MUNICH, GERMANY, GETS OFF TO A FLYING START

January 13, 2023

In August 2020, KGAL Investment Management acquired “Perlach Plaza” as a forward deal from project developers CONCRETE and BHB Bauträger GmbH Bayern, for a total investment cost of around 250 million euros on behalf of three institutional investors.

REDOS GROUP ACQUIRES MARIENDORFER DAMM SHOPPING CENTER, GERMANY

January 13, 2023

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”.

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