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credit: RegioData

EVALUATION: EUROPEAN SHOPPING CENTERS AND THE ENVIRONMENT

For good reasons, there has been increasing attention in recent years on environmental protection, energy efficiency, the reduction of CO2, as well as the economical use of land and sustainability. This also applies to synthetic commercial zones states a new research report by RegioData.

Jovana Cvetković is the Development, TO, and Innovations Director at MPC Properties. /// credit: MPC Properties

“Contribute to the well-being of the community we gather”

“The bottom line is that we use a systematic and comprehensive approach to develop sustainable real estate.” This is how Jovana Cvetković, Development, TO, and Innovations Director at MPC Properties, describes the company’s principle of commitment to innovative and integrated business. In this interview, she explains the steps MPC Properties has taken and will take on the company’s ESG journey.

credit: NEPI Rockcastle

NEPI ROCKCASTLE: TENANT SALES AND ACQUISITIONS DRIVE STRONG GROWTH

NEPI Rockcastle’s net operating income (‘NOI’) rose 23% in the first nine months of 2023 (‘9M 2023’) to 365 million Euro, versus the same period of 2022, continuing the robust pace of growth since the end of the Covid pandemic. The main drivers of the strong performance were a combination of tenant sales performance and the contribution of the acquisitions completed in 2022.

credit: ECE Marketplaces

„Retail real estate is a stable and resilent asset class” 

“Despite the significant challenges of recent years, it is clear that retail real estate is a stable and resilient asset class,” says Joanna Fisher. In an interview with ACROSS, the CEO of ECE Marketplaces talks about the opportunities of a once again dynamic market, dealing with industry changes and ESG, and her goals as the new Chairwoman of ECSP.

With their baumhouse projects, Dietmar Reindl (right) and Alexander Rössler (left) want to combine retail locations and housing sustainably and affordably. /// credit: baumhouse, ivanashoots

baumhouse: The mission is to combine retail locations with affordable and quality living space

With their baumhouse projects, Dietmar Reindl and Alexander Rössler want to combine retail locations and housing sustainably and affordably. They define affordable with rents 20% below the market level. They are planning high-quality, sustainably designed residential complexes above retail buildings. Furthermore, they explain to ACROSS what their motivation is, what social change they would like to help shape, and, above all, where the added value for investors lies.

Ortaç Özortaç is Partner at WECONSULT. /// credit: WECONSULT

“The Appetite For Expansion Among Turkish Brands Is Growing”

WECONSULT is an Istanbul-based consultancy company for the commercial real estate and retail industry, an excellent market expert, and a partner of the ACROSS Study Tour. Ortaç Özortaç, Partner at WECONSULT, explains the Turkish market’s potential and why and how Turkish brands are becoming increasingly popular.

Madame Coco. /// credit: Madame Coco

Versatility In Design And Strategy: Madame Coco

Madame Coco is following an ambitious expansion plan. France, Spain, England, Poland, Germany, the Netherlands, and the Czech Republic are on the company’s list. Cem C. Işık explains the strategy and why the expansion plan includes establishing physical retail stores and integrating e-commerce operations.

Serdar Ersoy is General Manager of DeFacto's Alternative Sales Channels and Business Development. /// credit: De Facto

DeFacto: “OUR GLOBAL SUCCESS IS BASED ON OUR ABILITY TO OFFER LOCAL VALUES”

Our new playground for the last two years has been Europe, states Serdar Ersoy, the General Manager of DeFacto’s Alternative Sales Channels and Business Development. At the end of 2021, DeFacto opened its first new-generation store in Berlin and has expanded throughout Europe. In this interview, Ersoy explains market challenges, how DeFacto introduced a new-generation franchise model, and why DeFacto is not only a retail but also a tech company.

Callaghan store at La Torre Outlet Zaragoza. /// credit: ROS Retail Outlet Shopping

New openings at La Torre Outlet Zaragoza

Following its latest recognitions such as ‘Great Retail Company’ and ‘TripAdvisor Traveler’s Choice 2023’, La Torre Outlet Zaragoza continues to build on the momentum of its latest achievements.

The new customer experience vision and masterplan strategy will be applied to 3 existing Cenomi centers in Riyadh. /// credit: Portland

Portland Design is Creating the Mall of the Future for Cenomi Centers

Portland is working with Saudi Arabia real estate developer Cenomi Centers on its “Mall of
The Future” strategy. At the heart of the project is a fundamental shift in perspective,
where the conventional role of the mall will be re-thought and transformed into a multipurpose, experience-driven lifestyle destination.

Credit: CLOSTERMANN DESIGN LTD

LEISURE AREAS IN SHOPPING MALLS: TRANSFORMING RETAIL SPACES INTO EXPERIENTIAL DESTINATIONS

Shopping Malls in the USA, Middle East, and Asia are not just places to shop but have emerged as epicenters of social interaction, thrill, and recreation. Europe is on the brink of embracing this trend, says Matthias Clostermann, Owner and General Manager at Clostermann Design. Therefore, malls across the continent are inching towards becoming entertainment hubs. But there is still a lot of hesitation.

“Value and Quality – That’s What It’s All About”

The biggest challenge facing the F&B industry is the cost of doing business. While the coronavirus has run its course through the markets, operators are struggling to return to profitability in the face of current economic challenges. Ian Hanlon, Director of Coverpoint, explains how the current challenges can be addressed and highlights trends in the shopping center food scene using best practice examples from the industry.

THE VITAL ROLE OF FOOD AND BEVERAGE AT MODERN MALLS

The F&B sector has changed significantly in recent years, not only in terms of the size of the market, but also in the variety and quality of the offering. As rents continue to rise in Europe, space previously dominated by fashion retailers is now being occupied by trendy gastronomic restaurants. People have evolved from collecting “things” to collecting “experiences”, and shopping centers have adapted to this change by improving and expanding their gastronomic offerings. Food and beverage (F&B) will play an even more crucial role in the success of retail real estate.

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet. /// credit: Bellier

VIA Outlets’ €30m Remodeling and Expansion of Sevilla Fashion Outlet Opens with Debuts by Karl Lagerfeld, Under Armour, G-Star Raw and many more

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet yesterday, culminating a 30-million-euro project to modernize and evolve the center since its acquisition in 2016. With the recent extension, a 17-million-euro investment that includes a spectacular glass-covered gallery, Sevilla Fashion Outlet now offers 20,000 sq m of prime commercial space.

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