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In Western Europe, where retail park development has reached maturity, new schemes have to be innovative and compelling. In Central and Eastern Europe (CEE), the market is relatively undersupplied, providing scope for increased levels of development activity. These are the findings of a recent study conducted by Cushman & Wakefield.

“Recent research carried out by Leisure Development Partners, in cooperation with Mapic, has shown that introducing a leisure concept into a retail space increases its footfall by up to 4 percent and the retail spend by up to 16 percent.”

A long time ago, Multi Iberia realized that its customers and partners, along with its dealings with them, had to be the company’s primary concern.

The Austrian company already opened three movie theaters in the Southeast European country, with more to follow.

A Rome-based shopping center has become the first in Italy to install Amazon’s cloud-based voice service.

Helsinki Outlet, which is due to open soon, was developed and will be operated by Fortus AS, which has a wealth of experience in outlets across Europe.

HB Reavis is developing the mix-used scheme Stanica Nivy in the emerging Nove Nivy zone in Bratislava. This new shopping destination will attract 55,000 visitors daily.