Advertisement
Twitter Facebook Linkedin Rss
ACROSS

shopping center

Decathlon at Westfield Ruhr Park, Germany. /// credit: kplus konzept, Decathlon

Unibail-Rodamco-Westfield Strengthens Strategic Partnership With Decathlon

Unibail-Rodamco-Westfield (URW) Germany is enriching the already diverse and attractive tenant and brand mix of Westfield Ruhr Park in Bochum and Palais Vest in Recklinghausen: with the sporting goods manufacturer and retailer Decathlon, another anchor partner is coming on board in both shopping centers. At Westfield Ruhr Park, Decathlon will present its extensive product range on a sales area of more than 1,000 sq m. At Palais Vest, the store will cover almost 1,000 sq m of sales area. The stores are scheduled to open in spring 2025.

Coresight Research and NextRivet Announce Strategic Partnership to Redefine Retail and Real Estate with Insight-Driven Innovation

Coresight Research, a research and advisory firm specializing in retail and technology, and NextRivet, a digital innovation and implementation consultancy specializing in retail real estate, announced their strategic partnership and the launch of CoreRivet. The CoreRivet service is designed to empower retail and real estate executives with actionable insights and cutting-edge technologies that drive sales growth, operational efficiencies, and elevated customer engagement.

credit: URW

URW sells 15% stake in Paris shopping center Westfield Forum des Halles

Westfield Forum des Halles is a 77,600sqm flagship shopping center located in the heart of Paris. Unibail-Rodamco-Westfield (URW) has sold a 15% stake to CDC Investissement Immobilier, the real estate arm of French public financial institution Caisse des Dépôts (CDC).

credit: Mallcomm

The retail renaissance: A new approach

Over the past couple of years, it has become evident that retail is seeing a significant resurgence. This is across shopping centers, large destination indoor malls, and retail parks and outlets, explains Mark Bruce, Data & Insights Director at Mallcomm. While some may have dismissed the retail sector, others have recognized that despite some challenges, there is a great opportunity.

Westfield Centro Oberhausen, Germany. /// credit: Oliver Blobel, URW

More Than 15 New Deals At Westfield Centro

Unibail-Rodamco-Westfield (URW) is once again strengthening the attractiveness of the shopping and leisure destination in North Rhine-Westphalia: for this purpose, rental areas of anchor partners are being comprehensively expanded to establish flagship formats and, at the same time, new brands are being brought on board to further diversify the product range at the center. In this context, Westfield Centro is also announcing several market entries in Germany. A number of the new partners are also placing a particular focus on sustainability in their business model.

Rüdiger Dany, CEO of NEPI Rockcastle (left), Magnolia Park shopping center in Wroclaw, Poland (right). /// credit: NEPI Rockcastle

“GO INTO THE MARKET AND BUY NOW”

Well deserved honor: Rüdiger Dany, CEO of NEPI Rockcastle, received the lifetime achievement award at the prestigious 19th SEE Property Awards. This prize recognizes and celebrates Rüdiger Dany’s incredible 30-year career and his invaluable contribution to the real estate industry. In 2024, he continued to write his personal success story and that of NEPI Rockcastle. Probably no other company performed as well as NEPI in 2024. Reason enough to talk to Rüdiger Dany about the highlights of his company as well as current developments and challenges.

Left-to-right: The Playce exterior, Berlin, and The Alchemist restaurant and cocktail bar at The Playce. /// credit: Rory Gardiner, The Alchemist

RETAIL’S RENAISSANCE BY BROOKFIELD PROPERTIES: A NEW PURPOSE NEEDS A NEW EQUATION

Over the past decade, the retail landscape has undergone a seismic transformation redefining the very essence of the sector. Customers’ expectations of convenience, personalization, experience, community, and sustainability have changed dramatically. The purpose of physical stores is being redefined, with goods and products taking a backseat to experiences. Today, successful retail destinations are those that cultivate connection, joy, and community.

A year and a half since the opening of the expansion, Eurovea shopping center has reached 95% occupancy, and has successfully renewed around 50 leases this year. /// credit: Eurovea

EUROVEA: HOW TO CREATE A UNIQUE SHOPPING CENTER ON A SATURATED MARKET

Exciting new leasing partners and new openings further cement Eurovea’s position as the most innovative and highest-quality shopping center in Bratislava. In an interview with ACROSS, Leasing Manager Katarina Paule talks about what it takes to prevail in a competitive market like Bratislava, why Eurovea offers the ideal market entry, why F&B and leisure, in particular, are influenced by the entire Eurovea City, and why it’s ultimately all about the community.

In January 2023, Sonae Sierra announced a further step in its growth in Italy by signing a partnership with Chorus Life for the leasing of the retail space of the new “City of the Future” model, developed by the POLIFIN Group and built by COSTIM. /// credit: Sonae Sierra

“THE GREATEST NEED IN PROPERTY MANAGEMENT TODAY IS ADAPTABILITY”

“Across all markets, we are seeing that retail has remained a resilient and thriving sector,” explains Cristina Santos, Executive Director Property Management at Sonae Sierra. More than almost any other European company, Sonae Sierra is strategically diversified across several regions and adapts to the specific requirements of each. The company has extensive experience with its own properties and has increasingly used that knowledge as a cornerstone of its approach to manage third-party properties.

Europa-Galerie Saarbrücken, Germany. /// credit: Sonae Sierra

Best-Practice Example: Europa-Galerie Saarbrücken — “Operators Need To Find Neighboring Tenants That Can Build Synergies”

Retail is polarizing towards the absolute top locations, among them metropolitan locations, and A-cities. There are many cases proving this but there are also exceptions – and not just any, but successful exceptions. The recent DeepTalk online-discussion took a closer look at one such exception and looked a little behind the letting and positioning strategies of the Europa-Galerie Saarbrücken in Germany, one of the outstanding best-practice examples.

credit: RegioData

Shopping Center Density: The gradual rise of Southeastern Europe

The shopping habits of Europeans are undergoing significant changes, which in turn are reshaping the retail landscape. While some countries continue to focus on large-scale shopping centers, other regions are making substantial progress, reveals RegioData’s latest report. A look at the current shopping center density in Europe reveals a pronounced north-south and west-east divide. Even within individual regions, there are significant differences in retail space density per capita.

credit: NEPI Rockcastle

NEPI Rockcastle Research: CEE Retail Markets Outshine Stuttering Western Europe, As Strong Economic Growth And Rising Incomes Buoy Consumers

The disposable income gap between Central and Eastern Europe’s (CEE) economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centers that dominate the CEE’s shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle’s latest ‘White Paper for Growth’ research concludes.

Left-to-right: Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties; With its 17,000 sq m glass ceiling, Star Mall in Shenyang, China, lets the sunlight in and creates a feeling of shopping in the open air. /// credit: FİBA CP

FIBA COMMERCIAL PROPERTIES: THE IMPORTANCE OF CONSUMER NEEDS-RELATED PROJECTS

Architecture, service, offerings, technology, and sustainability—these are the key elements of consumer needs-related projects. Fiba Commercial Properties explains how these aspects are properly implemented and integrated and, in the end, deliver a unique, captivating experience that goes beyond what traditional retail developments offer.

Left-to-right: Katharina Zeiler (URW Leasing), Manuela Hofer (adidas Store-Manager), Zsolt Juhasz (General Manager SCS).

Westfield Shopping City Süd In Austria Launches More Than A Dozen New Stores

Austria’s largest and most diverse shopping and entertainment destination expands its already impressive lineup of brands and tenants, bringing renowned global brands to Vösendorf. The center celebrates several brand debuts in Austria, including the country’s first adidas monobrand store, which, alongside New Balance, enhances the activewear offering as new partners. In premium fashion, Joop!, Scotch & Soda, Rinascimento, and Brax add variety and distinction.

The Tirana East Gate (TEG) shopping center in Albania was conceived from the beginning as a flagship property and is constantly being developed as such. /// credit: ACREM

Mall Management à la TEG: “For Retailers We Offer More Than Shop Space – We Offer Possibilities In A Vibrant Market”

ACREM is the mall management company behind TEG (Tirana East Gate). The shopping center in Albania set a completely new standard regarding professionalism and efficiency, resulting in the Albanians not having to hide behind the Western industry giants in terms of footfall and catchment areas. ACROSS Management Director Reinhard Winiwarter discussed with Elda Hysenbelli, CEO at ACREM, and Joana Korimi, Head of Marketing at ACREM, what mall management and marketing à la TEG looks like, what their customers demand, and why some customers feel so comfortable in the center that they even get married there.

Newsletter

Subscribe to our newsletter and stay informed about the latest news and deals within the placemaking industry in Europe.

By entering my e-mail address and clicking the “Subscribe” button, I declare my consent to ACROSS Medien – und Verlags GmbH to send me information on a regular basis about expert opinions, current trends, latest news, and industry events by e-mail. Being aware that I can revoke my consent to ACROSS Medien- und Verlags GmbH at any time. Privacy Policy

Contact

ACROSS Medien und Verlags GmbH
1010 Vienna, Austria
Ebendorferstraße 3|10
Phone:+43 1 533 32 60-0
E-Mail: office@across-magazine.com

Media Data

For detailed information about ACROSS, the international and independent trade medium for placemaking in Europe please visit:
Media Presentation and Rates

Follow us

If you want to keep up with what’s going on in the international placemaking community, give us a follow!

Twitter Facebook Linkedin Rss

Legal

© ACROSS Medien und Verlags GmbH, All rights reserved