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Retail

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.

“Could this be the right time for the shopping center industry to pull itself together and adopt the successful concepts of its outlet colleagues? – This question was raised at the end of the first Retail Talk in 2023. On February 15, 2023, a top-class panel discussed “Outlets – A Winning Retail Format.”

When it comes to shaping the future in a positive way, it is impossible to overstate the influence retailers can have. Retail and shopping centers should become much stronger communicators of a positive consumer vision, especially with regard to sustainability, says Andreas Steinle, CEO and founder of Zukunftsinstitut Workshop. The crisis year of 2023 must be a year in which retailers recapitulate their understanding of their role.

The redos group, an investor, asset and fund manager specializing in large-scale retail properties, has bought a GLOBUS store in Wesel in western Germany. The property was acquired from Union Investment as part of an asset deal for the special AIF “Redos Retail Germany III”.

The Kaufland Marketplace will go live in Slovakia on February 15. Under the domain Kaufland.sk, online sellers will then have another sales channel than Germany available to them. The Kaufland Marketplace will also be launched in the Czech Republic in a few months. The marketplaces will be managed via the all-in-one solution Kaufland Global Marketplace.

Kaufland has received the Speciality Retailer of the Year award at the 15th CEE Retail Awards for its successful work and strong European expansion.

Victoria’s Secret is a brand that has long been in high demand but missing in the Czech market. Until now, its products could only be bought in Czechia in the transit area of Václav Havel Airport. The company’s first real Czech store is to open in Prague’s Westfield Chodov shopping center in May this year.

The Greenman Group, parent company of the grocery real estate investment fund manager Greenman Investments, announces its expansion into Poland with the acquisition of Newbridge Poland Sp. Zo.o., an asset manager and developer. The acquisition marks an important milestone in the Group’s growth as it sets its sights on further European expansion into grocery-anchored real estate investments.

Sierra will take care of the leasing of the retail spaces of Chorus Life Bergamo. Chorus Life Bergamo is an integrated urban scheme focusing on the individual and their needs, in which social well-being, economic profit, sustainable architecture and smart technology are perfectly blended.

VIA Outlets is delighted to welcome the new year, building on a strong 2022 that saw over 300 remerchandising deals and increased spending per visitor at outlets across its portfolio. VIA Outlets’ record-breaking year, which even beat pre-pandemic figures, proves once again that outlets remain among the most resilient retail sectors, even during difficult global economic conditions.

Peel L&P has announced that Gloucester Quays, the premier South West outlet, and dining destination, enjoyed a record-breaking sales period in 2022, surpassing both 2021 and 2019 by 6% and 9% respectively.

Focus Estate Fund is expanding its operations in Poland with the acquisition of the Ferio Legnica, a Shopping Centre in the city of Legnica in southwestern Poland, from Austrian Raiffeisen Bank International. The center comes with a leasable area (GLA) of approximately 13,200 sq m, including retail space of 11,965 sq m and a footfall of approximately 2 million a year.