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mixed-use

Credit: Hammerson

HAMMERSON SIGNS LANE7 AT THE BULLRING ESTATE, ENGLAND, FOR ITS BIGGEST INVESTMENT

Hammerson has signed Lane7, the boutique bowling concept, at the Bullring Estate, as it continues to deliver its strategy to reinvigorate its assets through new brands, entertainment, and experiential concepts. The 2,601 sq m space on Link Street will be Lane7 Group’s biggest investment to date and serve as its flagship.

Credit: GRR Group

LOCAL SUPPLIERS AS KEY TO SUSTAINABLE URBAN DEVELOPMENT: GRR REPORT SHOWS GROWING IMPORTANCE OF MIXED-USE PROPERTIES

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.

The most promising development projects

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.

Out now: New issue “RE-THINK! – How to reassess development, invention and communication in retail real estate”

OUT NOW – LATEST ISSUE! +++ RE-THINK! – How to reassess development, invention and communication in retail real estate. The real estate industry has been in a state of change for a few years now: increasing online retail, the move to multi-channel, changing logistics requirements, a strong emphasis on entertainment, a much higher level of diversity in retail, and last but not least, the big issue of ESG. “Re-think” – is the order of the day.

Castle Mall (UK) welcomes new anchor tenant

Northern Ireland-based Lynas Food Outlet will open its doors in late Autumn, with works due to start middle of May 2022 to restructure part of the mall to facilitate the large 790 sq m store.

Hines secures new Nike store in Denmark

Hines has secured Nike at ‘The Trinity Quarter’ in Copenhagen, marking the brand’s first new store opening in Denmark since the global pandemic.

24th Retail Symposium by RegioPlan: “Face the Change“

The 24th Retail Symposium showed that – despite the turbulent times – the Austrian retail and retail property sector is by no means pessimistic about the future. The industry rather works on new concepts and possibilities to tackle new challenges with determination.

Altera acquires local shopping center Het Stroink

Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.

Lifestyle Center Merlata Bloom Milano ist taking shape

The lifestyle center in the city of the Olympiads takes shape between outdoor sports fields, experimental formats, fresh goods markets and latest-generation cinema. 60% of the surfaces have already been signed by leasing department of Nhood Services Italy.

“Complete Predictability Is an Illusion”

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Kaufland honored as best practice for retail innovation

Around 30 years ago, a trendsetting Kaufland store opened in Erfurt-Herrenberg (Erfurt, Germany). Now it has been honored by the “Stadtimpulse” initiative as Best Practice 2022 in three categories: Innovation in Retail, Urban Design and Real Estate, and Experience and Living Space.

55,000 sq m mixed-use project Waterfront Genoa (IT) serviced by Nhood

Nhood Services Italy became a service provider for the urban transformation project of Waterfront di Levante, located in Genoa. Due to the special architectural solutions made by Renzo Piano, Waterfront can be described as a low environmental impact project for the city.

Winner of Kern Award 2022 announced

During the Kern Annual Congress in the Q-Factory in Amsterdam, the ‘Groningen Grote Markt Oostzijde’ project, submitted by the Municipality of Groningen, VolkerWessels Vastgoed, and MWPO, was declared the winner of the Kern Award 2022 by jury chairman René Vierkant.

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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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