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Retail

Credit: The O2

THE O2 HAILS SUCCESSFUL JANUARY AND HALF-TERM TRADE

The O2’s Entertainment District and shopping outlet, Icon Outlet have experienced a good trading period throughout the January and February half term, which follows a successful 2022 performance.

Credit: URW

UNIBAIL-RODAMCO-WESTFIELD CONCLUDES 732 LEASE CONTRACTS IN 2022

Unibail-Rodamco-Westfield currently operates 23 centers in the Germany and Austria region: 21 in Germany, eight of them in the Group’s own portfolio, and two in Austria. A total of 732 leases were concluded for these 23 centers last year. In addition, the mixed-use project Westfield Hamburg-Überseequartier, which is being developed by URW in Hamburg’s HafenCity until spring 2024, also experienced a lot of activity in 2022. The pre-letting rate for the retail, dining, and leisure sectors is now 73 percent.

Liv England and Matt Paulson-Ellis

SLOANE STANLEY BUILDS ITS LEASING TEAM

Sloane Stanley has announced the recent appointment of specialist independent property consultants, Levy Real Estate, to join the existing leasing team across the whole Estate incorporating the King’s Road and Fulham Road.

“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.

Shopping centers should adopt the successful concepts of their outlet colleagues?

“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.”

“We Could Save the World”

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.

credit: Globus

Redos buys Globus supermarket in western Germany

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”.

Credit: Kaufland

KAUFLAND IS LAUNCHING ITS MARKETPLACE IN SLOVAKIA ON FEBRUARY 15

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.

Credit: Kaufland

KAUFLAND WINS AT THE CEE RETAIL AWARDS

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

Credit: Cushman & Wakefield

VICTORIA’S SECRET SET TO OPEN ITS FIRST CZECH STORE IN WESTFIELD CHODOV, PRAGUE

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.

credit: Greenman Group

Greenman Group expands into Poland with the acquisition of asset manager Newbridge Poland

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.

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The exchange of data puts the tenant-landlord relationship to the test. While the advantages of data sharing are obvious, tenants in particular find it difficult to share relevant data. The main reason for this is a lack of trust in how this data is used.
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