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Search Results for: real estate – Page 28

A small retailer in southern Germany has become one of Europe’s leading food retailers with major expansion plans: This week Kaufland opened in Bucharest its 1500th store – a great milestone in the Kaufland success story. Angelus Bernreuther, Head of Investor Relationship Management, looks back at Kaufland’s corporate history and explains how, starting with its solid roots, the future of the company is being shaped, especially during challenging times.

Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.

It was time, once again, in mid-November, for the annual ACSP Congress. The congress holds a valuable spot in a long tradition, yet much has changed compared to previous years: New topic, new location, new chairman, new, and younger, participants, and a new moderator.

Mitiska REIM has announced that the First Retail International 2 fund (FRI 2) has been awarded a total of 3 green stars for the standing investment and development categories in the 2022 Global Real Estate Sustainability Benchmark (GRESB).

The prospect of getting a slice of UK retail is not without its risks, regardless of whether the bottom of the market has been hit in terms of shopping center investment. For many first-time buyers in this asset class, the time to focus on getting the basics right has come.

Starting November 2022, Agnieszka Ciupak joined GTC Poland as Executive Director. In her newly-created role, she will be responsible for all operations of the office sector, including leasing, fit-out, asset management, facility management, as well as marketing and company-wide HR.

Better Spaces, Better Communities, and Better Together – those are the pillars upon which Unibail-Rodamco-Westfield’s sustainability strategy is based. URW is committed to playing a key role in the environmental and energy transition. As such, the company has been implementing its “Better Places 2030” sustainability strategy since 2016.

The general meeting of the German Council of Shopping Places, GCSP, elected a new board today. Markus Trojansky, dm Managing Director, could not be re-elected after 12 years of honorary service as a board member in accordance with the statutes and was previously bid farewell with great thanks. The members re-elected Christine Hager, Sonae Sierra Germany, as chairwoman of the board and confirmed Harald Ortner, HBB, as a member of the board. Ulrich Schmitz, ECE, was also newly elected to the board.

MYLLY Shopping center was awarded SHORE certification GOLD-level Outstanding becoming the best in Finland, and continues building trust with its tenants and visitors.

Retail real estate is facing tough times as we close in on the prospect of a long, cold winter. Amidst the impending energy and economic crisis and an escalating threat resulting from a war in Europe, for many, the fear is here. Investor insecurity is high, and property owners are wary of fuel and finances running into scarce supply. However, as we have learned from the COVID-19 pandemic, where there is a challenge, there is also an opportunity.

Never before has the retail sector faced so many challenges at the same time – and shopping center operators alike. Joanna Fisher, CEO at ECE Marketplaces, and Steffen Friedlein, Managing Director Leasing Services at ECE Marketplaces, explain why there are still grounds for optimism, and why flexibility is key – both when setting own priorities and in relation with tenants and investors.

Sonae Sierra accelerates the future-proofing of its real estate portfolio. Christine Hager, Sonae Sierra Director, responsible for property management in Germany, describes what being future proof means in today’s business world. There is one thing or particular note: Knowing how energy is being consumed is key to understanding and identifying where the most effective changes should be made.

Climate-neutral real estate and long-term value retention: How can high-footfall properties such as shopping centers be operated in a climate-neutral manner in the future? What steps need to be taken in order to achieve that goal, and how much will it cost? ECE has developed a customized Energetic Renovation Roadmap for that particular asset class to help answer such questions.

To secure Operational Excellence, a company needs to invest in the next generation of leaders. Redevco’s management introduced a NextGen Board for young talent within the Redevco organization in Europe to bring together the next management generation and to address the topics of the future.