shopping center Archives - Page 12 of 28

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

November 6, 2023

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

November 6, 2023

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.

Out now: New issue “Moving Forward With F&B”

November 6, 2023

OUT NOW – LATEST ISSUE! +++ How to understand the new role of F&B in Retail Real Estate, implement trends and meet challenges.

Jack & Jones opens omnichannel store in QUARREE Wandsbek in Hamburg

November 3, 2023

The 170 sq m store offers cool and uncomplicated looks for trend-conscious men. As an additional service for goods that are not currently in stock, customers are offered delivery by post within three days.

Advantail Continues Its Expansion with 2 New Mandates and Evolves Its Organization

November 3, 2023

Advantail is expanding its operations and will take over the management of two new centers on behalf of its client AEW: La Visitation Shopping Center in Rennes and Les Grandes Terres Shopping Center in Marly le Roi starting from January 1, 2024.

Paunsdorf Center commissions Germany’s largest photovoltaic system on the roof of a shopping center

October 27, 2023

The cooperation between Unibail-Rodamco-Westfield and Stadtwerke Leipzig shows that the retail and leisure destination is positioning itself as a responsible partner to invest locally in the sustainability and attractiveness of the location. The project is an absolute pioneering achievement.

German startup Airpaq has won the European final of the Westfield Grand Prix 2023

October 27, 2023

The winner of the European Grand Prix, a competition for international startups bringing innovative and sustainable products to market, has now been announced by Unibail-Rodamco-Westfield (URW).

MEC will again be the operator of RemsPark Waiblingen from November 2023

October 25, 2023

MEC will take over the operational site management of RemsPark in Waiblingen, Germany on November 1, 2023. A corresponding contract has now been concluded with the owner Kaufland, which in turn acquired the retail park with local supply character in November 2022.

Successful start in Eastern Europe: Kaufland.sk and Kaufland.cz on course for growth

October 24, 2023

At the beginning of this year, Kaufland Marktplatz was for the first time launched outside of Germany. In Slovakia, Kaufland.sk has already climbed to the top position in the marketplace website ranking. In the Czech Republic, over 4,000 retailers already offer their products on Kaufland.cz.

MK Illumination: 6 Continents, still one family-run company

October 24, 2023

MK Illumination takes giant steps towards globalisation on the North American continent using global and local knowledge.

Evolve Estates acquires Jarrow shopping center

October 20, 2023

British commercial property and investment company Evolve Estates, part of M Core, has acquired the Viking Centre, Jarrow.

Retail Opening Hours in Europe: Regulations vs. consumer interests

October 19, 2023

Most European countries have regulations on store opening hours, but they vary widely. Most countries that regulate store hours are concerned with the interests of workers, consumers and businesses. However, countries that lift restrictions could boost the economy and eliminate unfair competitive distortions between stores and e-commerce. See our overview of opening hours in Europe.

ONLINE SPECIAL “Valuation & Transformation”

October 19, 2023

We present our Online Special “Valuation and Evaluation”.

URW sells Polygone Riviera for triple-digit million amount

October 18, 2023

Polygone Rivera is the first lifestyle shopping center in France that combines contemporary art and leisure with shopping. It opened in 2015 and has an extremely attractive product range with over 130 brands.

EU TAXONOMY: WHERE DOES THE REAL ESTATE INDUSTRY STAND?

October 17, 2023

How far along are companies in the sustainable orientation of their proper ties? WISAG’s eleventh Sustainability Radar investigated this with its study entitled “EU taxonomy – Where does the real estate industry stand?” The result: property owners are calling for more concrete specifications.

Primark remains in NordWestZentrum, while Nori Park opens Hesse’s largest indoor playground in the center

October 12, 2023

Sustainable local shopping, strengthening the local range of stores, and inspiring the region with a shopping magnet. All this makes the NORDWESTZENTRUM Frankfurt’s No. 1 retailer. With new stores, the NordWestZentrum (NWZ) in Frankfurt am Main is focusing on the motto “Shop local”.

Largest Zara flagship store in Germany – Inditex and Unibail-Rodamco-Westfield extend partnership at Westfield Centro

October 12, 2023

Zara is relocating within the shopping and leisure destination and significantly expanding its presence: Through extensive construction measures, a flagship store with 6,000 sq m of rental area is being created on a central axis on the ground floor of Westfield Centro. The opening is planned for the first half of 2025. Until then, Zara will continue to operate its current store in the center. Unibail-Rodamco-Westfield (URW) and Inditex are once again strengthening their strategic partnership in Germany with this new cooperation.

Energy cost savings via AI: “Retail is where we can make the biggest difference”

October 12, 2023

Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.

Battersea Power Station Welcomes Over 11 Million Visitors In First 12 Months Since Opening

October 12, 2023

Battersea Power Station has welcomed more than 11 million visitors and opened over 35 new shops, eateries and leisure venues, since the Grade II* listed building opened to the public for the first time in history on October 14, 2022.

Eurofund Group signs King Pins to diversify leisure offering at Silverburn Glasgow

October 9, 2023

Silverburn Glasgow, owned by a joint venture between Eurofund Group and Henderson Park, will be home to a new 1,950 sq m King Pins bowling alley.

International Brands Drawn to NEPI Rockcastle’s €136 million Promenada Craiova, the Largest Retail Real Estate Development Opening in CEE Markets in 2023

October 5, 2023

NEPI Rockcastle’s €136 million Promenada Craiova development in central southern Romania officially opens its doors today. The retail scheme has attracted a host of international brands and is the largest retail development by size and investment value opening in Central and Eastern Europe in 2023, according to CBRE.

Traditional shopping center in Linz undergoes transformation through new construction

October 5, 2023

In addition to the shopping center, an entire city district of approximately 40,000 sq m is to be developed.

Place of the Week: Westfield Mall of Scandinavia

October 5, 2023

The biggest shopping center in the Nordics, the Mall of Scandinavia is a combination of innovative and traditional design. Opening in 2015, the center received a very positive reception, with over 40,000 people visiting already on the first day. In 2019, Uniba-Rodamco Westfield obtained the center, changing its official name to Westfield Mall of Scandinavia.

Galeries Lafayette will close in Berlin at the end of 2024

October 5, 2023

After 30 years, the only German location of the Galeries Lafayette department store chain in Berlin’s Friedrichsstraße is finally coming to an end.

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