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ACROSS

shopping center

credit: Mindspace

FLEX OFFICE SPACE AT SHOPPING CENTERS: A LIFELINE OR A LIABILITY?

Mixed-use is the order of the day for the entire placemaking industry. As a result, shopping centers have increasingly become home to coworking and flex office solutions. While the flex office market in the US shows a growth rate of 25 percent, more and more European shopping center operators are taking advantage of this fresh source of revenue.

credit: Liverpool One

LIVERPOOL ONE ANNOUNCES SPACE NK CITY DEBUT

Grosvenor announces that Space NK, a worldwide retailer for luxury cosmetics, is making its city debut at Liverpool ONE and joining the extensive range of premium lifestyle brands on Peter’s Lane.

Forum Gdańsk /// credit: NEPI Rockcastle

NEPI Rockcastle raises 143 million Euro equity from scrip dividend

NEPI Rockcastle has raised the equivalent of 143 million Euro equity from its latest scrip dividend, corresponding to approximately 85% of the final dividend payment for the year ended 31 December 2022. As a result, NEPI Rockcastle’s total issued share capital will increase by 4.75% to approximately 636 million ordinary shares and its capital base is strengthened for investment in future growth.

Palladium Atasehir /// credit: ECE

ECE manages two further shopping centers in Türkiye

ECE Marketplaces expands its center management portfolio and takes over the management of two further shopping centers in the Turkish metropolis Istanbul: the “Palladium Atasehir” and the “V Metroway”. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both centers.

credit: Atrium

Grand opening of Promenada: Convenient location, size and format attracts new customers

Modern, smart, pleasant – with these words describes Atrium the re-opened shopping center in the heart of the Praga Południe district of Warsaw, which has been attracting the latest design concepts in retail. After the completion of the second stage of redevelopment Promenada can now expand its catchment area due to its convenient location and carefully curated retail and service offer.

Ton van de Grampel, Chief Human Resources Officer at Redevco and Marrit Laning, Chief Strategy & Innovation Officer at Redevco.

REDEVCO: SOCIAL KPIs NEED TO BE BROADENED TO DEEPEN THE PARTNERSHIP WITH THE PLANET

New times and challenges lead to new official guidelines: Redevco has redefined its mission statement in order to lead the transformation of cities to ensure that they are sustainable and liveable, in line with the company’s goal of contributing to the health and well-being of people and the planet. In this joint interview, Marrit Laning, Chief Strategy & Innovation Officer, and Ton van de Grampel, Chief Human Resources Officer, discuss the key objectives and explain why social KPIs need to be added.

credit: HBB

VIKTORIA KARREE BOCHUM: CITY AND NEIGHBORHOOD IN HARMONY

A commercial district that combines several uses is being built in the middle of the German city of Bochum. HBB explains the challenges and restructuring of department stores, using this mixed-use development as an example.

credit: WISAG

FM SERVICE PROVIDER FOR RETAIL REAL ESTATE: FUTURE PARTNER FOR RETAIL

The property expert WISAG Facility Service offers specialized solutions and service packages for different market sectors. This also applies to retail real estate. WISAG deals with all the fundamental questions of the retail sector, far beyond the company’s core business. Joaquin Jimenez Zabala, who is responsible for WISAG’s business activities in the retail real estate sector, explains this and more to us.

“There are opportunities in every market”

“It is all about people and opportunities”, states Cristina Santos. The Managing Director of Property Management of Sonae Sierra talked to ACROSS founder Reinhard Winiwarter about the management contract for Prishtina Mall, the company’s principles in property management and the potential of new regions.

credit: MK Illumination

Insta Boxes from MK Illumination spreading joy at Rødovre Shopping Center

The Rødovre Shopping Center in Copenhagen launched a campaign themed “WOW”, as in “BRING BACK THE WOW” and it was a great success. “WOW”, included 7 different Insta Boxes by MK Illumination placed throughout the shopping center. The design and content of the Insta Boxes are exactly matched to the surrounding of the boxes.

Online shop Sellpy is coming to Berlin’s ALEXA

The concept of the winning team in the First Store by ALEXA Vol. 4 retail competition will become reality at ALEXA at the end of March 2023. It is the first stationary Sellpy pop-up in a shopping center.

15 YEARS OF REDEFINING RETAIL PERFORMANCE

“What a ‘better everyday life’ means in terms of shopping center experiences has significantly changed over the last 15 years, states Vasco Santos, Global Sales & Leasing Director at Ingka Centres. As a result, the key performance metrics for such spaces have also evolved,” he explains. We might take the same numbers into consideration, but the way in which these numbers should be interpreted is new.

Eurovea’s finishing touches before the ribbon cutting

Eurovea will soon become Slovakia’s largest and widest-ranging shopping center, with 320 shops, restaurants, bars, and cafes covering 85,000 sq m. Work is well advanced on the center and surrounding area to complete construction, approvals, and preparations for the grand May opening.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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