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Search Results for: real estate – Page 27

MIPIM, the world’s largest international real estate event, has launched the Road to Zero Area to accelerate the transformation of the built environment towards a more sustainable model. The new dedicated 400 sq m zone will combine exhibition, networking, and conference space, focusing on practical methods to decarbonize the real estate industry.

“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.

Grosvenor has announced that leading British retailer, Marks & Spencer (M&S), is to join Liverpool ONE, anchoring South John Street in two floors of the former Debenhams. Set to open in mid-2023, M&S is relocating from Church Street to create a 9,290 sq m store in a move that reaffirms the brand’s commitment to the city center.

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.

Trei Real Estate GmbH just opened another retail park of its Vendo Park brand in Poland. It is located in Mielec, a small town of around 61,000 residents in the Podkarpackie or Subcarpathian voivodeship in south-eastern Poland.

Sonae Sierra has formally adhered to the Principles for Responsible Investment (PRI), becoming a signatory to the principles that promote sustainable investment, through the integration of environmental, social and governance (ESG) criteria in investment decisions.

„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.

Due to the increasing scarcity of the land and housing market, integrated locations for local supply real estate are increasingly becoming the focus of urban development. When modernizing or building new supermarkets or discount stores, there is a growing demand for “mixed-use properties”, in which local suppliers are combined with commerce, offices and apartments.

Congratulations to all MAPIC Awards winners, who were honoured for their excellence, innovation, and creativity in the retail real estate sector.

“Future shopping spaces need to be flexible in every aspect, to meet the people’s needs and demands”, this is according to the ACROSS Advisory Bard the greatest task for 2023. The challenges are diverse, but a strong and experienced industry is ready to address those.

As of January 1, 2023, the Austrian SPAR Group will reorganize the management of its international shopping center division SES: The current COO Christoph Andexlinger will take over as CEO. He will be assisted by Johannes Köth and Alexander Eck, who have been newly appointed to the management board. All positions will thus be filled internally with long-standing managers. The previous Chairman, Johann Felser, will retire at the end of 2022.

The Commercial real estate industry is showing its most optimistic face. The 2022 edition of the French commercial real estate show MAPIC is focusing on the retail sector’s transformation.

Mitiska REIM has announced the opening of a new retail center development in the Polish city of Kolobrzeg. Developed in joint venture with local partner Karuzela Holding and designed to achieve a “Very Good” score on the BREEAM in-use scale, this is the third retail development project opened by Mitiska REIM and Karuzela Holding in Poland this year.