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ACROSS

mixed-use

credit: Benoy

Place of the Week: Victoria Place, Woking, UK – Mixed Use in Action

In recent years, the small town of Woking has gained a reputation as an economic and cultural hub, with an expanding business area, burgeoning arts scene, and busy retail center. Under the visionary leadership of the local authority, the town has been the focus of a major regeneration program, which is set to help realize its commercial potential.

Erwin Buckers, CEO of Chainels. /// credit: Erwin Buckers

Keep the Spending Local via Technological Solutions

“The real value of a mixed-use property is when the stakeholders benefit from each other,” says Erwin Buckers. The CEO of Chainels spoke to ACROSS about the company’s plans and why the mixed-use trend will not only make the idea of community more important, but will also be a catalyst for Proptech solutions.

credit: ROS

ROS Retail Outlet Shopping kicks off peak summer sales season with loads of events

ROS Retail Outlet Shopping has successfully kicked off the outlet peak sales period with the latest Late Night Shopping events on Friday, May 19, at Designer Outlet Soltau and Designer Outlet Luxembourg with extended opening hours, special offers, food trucks, entertainment and much more, leading into a summer full of initiatives across the entire European portfolio of its 12 Designer Outlets.

25th Retail Symposium ///credit: Heidemarie Kriz

25th Retail Symposium by RegioPlan: “Follow the Beat!”

On May 10, 2023, the Austrian retail and retail real estate industry came together at the 25th RegioPlan Retail Symposium. The event highlighted current and expected market conditions, trends and investments and offered a valuable platform for industry experts to connect.

Kortumhaus in Bochum, Germany. /// credit: Holger Peters

HIH Invest Sells Kortumhaus Landmark Building in Bochum

HIH Invest Real Estate (“HIH Invest”) sold a mixed-use office and retail building from the portfolio of a closed-end institutional fund to wohninvest Holding, a company domiciled in Fellbach near Stuttgart.

credit: Mindspace

FLEX OFFICE SPACE AT SHOPPING CENTERS: A LIFELINE OR A LIABILITY?

Mixed-use is the order of the day for the entire placemaking industry. As a result, shopping centers have increasingly become home to coworking and flex office solutions. While the flex office market in the US shows a growth rate of 25 percent, more and more European shopping center operators are taking advantage of this fresh source of revenue.

Ton van de Grampel, Chief Human Resources Officer at Redevco and Marrit Laning, Chief Strategy & Innovation Officer at Redevco.

REDEVCO: SOCIAL KPIs NEED TO BE BROADENED TO DEEPEN THE PARTNERSHIP WITH THE PLANET

New times and challenges lead to new official guidelines: Redevco has redefined its mission statement in order to lead the transformation of cities to ensure that they are sustainable and liveable, in line with the company’s goal of contributing to the health and well-being of people and the planet. In this joint interview, Marrit Laning, Chief Strategy & Innovation Officer, and Ton van de Grampel, Chief Human Resources Officer, discuss the key objectives and explain why social KPIs need to be added.

credit: HBB

VIKTORIA KARREE BOCHUM: CITY AND NEIGHBORHOOD IN HARMONY

A commercial district that combines several uses is being built in the middle of the German city of Bochum. HBB explains the challenges and restructuring of department stores, using this mixed-use development as an example.

credit: S. d'HALLOY / IMAGE&CO

Mipim 2023 is kicking off in the Cannes

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.

credit: BDP

“The Future is All About Reinvention”

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.

“A Stage for Future-oriented Topics and Their Actors”

When he founded ACROSS in 2008, Reinhard Winiwarter said, “I love retail.” That same phrase now serves as his motivation in 2023. In his personal review of the past 15 years, the founder of, editor of, and provider of ideas for ACROSS emphasizes how important it is to orient oneself towards forward-looking topics in the dynamic retail real estate world. However, the key factor that determines one’s own success and that of the industry is passion for the industry.

MIPIM 2023: Best Mixed-Use Projects

Developers have increasingly turned their attention to mixed-use retail developments for their new construction projects and the redevelopment of urban areas. In the post-pandemic era, consumers are looking for diverse work, leisure, and shopping places. Mixed-use, therefore, is not a trend – it is the future of real estate. The following projects are the finalists in the mixed-use category of the MIPIM Awards.

Credit: URW

WESTFIELD CENTRO STRENGTHENS ITS FOOD & BEVERAGE PROFILE WITH BIGCHEFS

Another food & beverage offering has been added to the Westfield Centro promenade: the BigChefs restaurant brand opens its second branch in Germany and becomes one of the new flagships of the food & beverage brand mix at the location. With the new addition, Westfield Centro has achieved full occupancy for the promenade located directly at the center with around 15 dining concepts.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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