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Retail

NEINVER has put the finishing touches on the revamped F&B Plaza at Viladecans The Style Outlets, the only outlet center in the Barcelona Metropolitan Area. Aimed at rejuvenating the center’s main social and leisure zone, the refurbishment has resulted in enhanced terraced dining areas, seating and events spaces, contributing to a more all-round shopping experience.

Shopping center operator ECE Marketplaces achieved a strong leasing performance in 2023 and once again increased the leased space in its centers. In total, ECE Marketplaces achieved a leasing performance of around 800,000 sq m in the centers it manages and leases in 2023, an increase of almost 50 percent compared to the previous year. ECE concluded a total of around 2,600 lease contracts in 2023.

The first insolvency application was filed back in 2019, but this was averted thanks to the entry of Portuguese automotive supplier Coindu.

Arklyz Group AG, based in Stans, Switzerland, will strategically align the company in the wholesale and omnichannel sector in future and also drive forward its internationalization.

“Multi Germany feels small and agile, but it enjoys all the advantages of a large group,” says Jörg-Michael Zimmermann. In Zimmermann, Multi has hired a new Head of Germany who, as a result of his mix of experience can take a 360-degree view of retail real estate. His motto is: “There are neither good nor bad locations. Every asset has specific challenges for which individual solutions need to be found.”

MEC has achieved a new rental record: The retail real estate specialist and national market leader for the operation of specialist retail centers was able to conclude over 258 new and follow-up rental agreements with a total area of 172,000 sq m in the past financial year.

Unibail-Rodamco-Westfield (URW) announces the grand opening date of April 25, 2024 for the mixed-use quarter in Hamburg’s HafenCity. This will mark the peak of the project development and give the city of Hamburg a new vibrant location in the heart of HafenCity – a new piece of the city that dynamically combines all aspects of life such as living, working and leisure.

It is a complex task to ensure project profitability. There is a struggle between doing what is right and what is reasonable. As an expert in the world F&B development Will Odwarka, founder and CEO of Dubai-based firm Heartatwork Hospitality Consulting, states in his newest column: “However, in an ever-growing and competitive landscape, it is crucial to establish distinguishing factors that are recognizable and embrace them wholeheartedly.”

The men’s fashion chain Wormland operates twelve stores throughout Germany and employs around 400 people. The process is due to be completed in summer 2024.

Redevco has appointed Sasha Silver as Head of Global Client Group, where she will be responsible for the company’s client relations and capital raising. Silver will join Redevco’s executive management team and strengthen its focus on expanding the company’s client offering and strategic relationships.

Mango announced its expansion plans, changes to the company’s management, but also an increase in sales of 12 percent compared to 2022 to more than three billion euros.

Puig has announced the acquisition of a majority stake in the German molecular cosmetics brand Dr. Barbara Sturm. Founder Dr. Barbara Sturm will retain a minority stake and continue to hold the position of Chief Product Development Officer.

The Group’s investment volume in the new 2024 financial year is over 65 million euros more than in the previous year at 390 million euros. The investments will be made in around 253 new stores, 75 of them in Germany.

Frequency, length of stay, atmosphere – there are many reasons why gastronomic offerings are an essential part of retail. Olaf Hohmann, Head of Retail Gastronomy Research at the EHI Retail Institute, uses Germany as an example to show the development, trends, and potential of retail gastronomy.

Unibail-Rodamco-Westfield (URW) and Union Investment have maintained a very successful partnership for many years in relation to Köln Arcaden, Riem Arcaden in Munich and Spandau Arcaden in Berlin, which are among the leading retail properties in the sector. With the management contracts, which have now been extended ahead of schedule on a long-term basis, the two companies are once again confirming their cooperation and creating a long-term joint perspective for the three top assets. In future, the focus will be on further optimising the tenant structure in line with the major sector megatrends as well as on mixed-use components and sustainability measures.

“Le big TamTam” is an extraordinary project in the heart of Hamburg’s city center that combines culinary diversity, entertainment, and modern shopping – all within a heritage-protected building. A colorful food market, complete with an event stage and central bar, is being developed on an area of 2,000 sq m in the basement level of Hamburg’s Hanseviertel district. Extensive remodeling work has been underway since last year. The team at umdasch The Store Makers is responsible for general contracting work and furniture construction for this flagship project.