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shopping center

credit: Benoy

Place of the Week: Victoria Place, Woking, UK – Mixed Use in Action

In recent years, the small town of Woking has gained a reputation as an economic and cultural hub, with an expanding business area, burgeoning arts scene, and busy retail center. Under the visionary leadership of the local authority, the town has been the focus of a major regeneration program, which is set to help realize its commercial potential.

Sello Shopping Centre, Espoo. /// credit: Sello

Finland’s First Nike Brand Store Opens At Sello Shopping Centre

Sello will see significant changes in late summer and autumn, as Finland’s first Nike brand store and numerous other shops are opening on Sello’s new corridor. The new corridor will also serve the users of the light rail line that will start operating soon.

Paunsdorf Center, Leipzig. /// credit: Eric Kemnitz, URW

Paunsdorf Center: Construction of Germany’s largest photovoltaic system on a shopping center roof is starting

In October, the largest photovoltaic system installed on a shopping center roof in Germany will be completed at Paunsdorf Center in Leipzig. Construction work starts at the end of July. Paunsdorf Center is working closely on this project with the city of Leipzig and its cooperation partner Leipziger Stadtwerke. The project shows that the retail and leisure destination takes its responsibility as a local player seriously and is expanding and strengthening local partnerships.

Place of the Week: MERLATA BLOOM LIFESTYLE CENTER – AN INNOVATION CASE STUDY

Nhood is scheduled to open an innovative Shopping Center in fall 2023. Merlata Bloom aims to be a smart and innovative place that combines technology and sustainability, entertainment and services, everyday life, and retail. Retail, gastronomy, and lifestyle are the conceptual components that shape the project.

credit: Lademann & Partner

HOW OPERATORS AND RETAILERS STAY ON TOP OF CHANGES IN THEIR COMMUNITY

“Shopping centers shape the city’s identity and, at best, pay dividends for the municipality’s image,“ states Uwe Seidel. The Managing Partner at Dr. Lademann & Partners on the role of shopping centers for society and what tools are essential to monitoring these changes within the respective community.

credit: Placewise

A DIGITAL PATH TO COMMUNITY

“The whole industry needs to prepare to be relevant for the unforeseeable future,” states Peter Tonstad, CEO of Placewise, in his latest PropTech column. According to him, shopping centers have the opportunity to do better by their local communities, by simply “doing good”. Introducing digital solutions is a very helpful tool to do so.

credit: GfK

GfK study: European retail in 2022 and 2023

Since the beginning of the COVID-19 pandemic, the European retail sector has been experiencing one crisis after another. As the pandemic faded, consumers and retailers finally hoped for relief, but the war in Ukraine immediately followed, causing further crises.

credit: Multi Corporation

Multi Corporation enters France with four new shopping center management mandates

Multi Corporation has been appointed as property manager for four shopping centers in France owned by Retail Property Investments SAS (RPI). Building on an existing partnership, Multi Corporation will provide its expertise to enhance the performance and success of RPI’s portfolio. The expansion into France marks Multi Corporation’s second entry into a new country, following Switzerland, in just one year.

credit: OCM International

SEE: MARKETS WITH POTENTIAL, BUT ONLY FOR REALISTS

Mauro Abruzzese is an Italian retail and shopping center expert who develops projects in Kosovo for OCM International. In this interview, the CEO and Managing Director explains how the individual SEE markets are developing, what makes them different, what the local consumers are like, and what investors should consider before entering the market.

Country Profiles SEE-Markets

Learn about the potential! Country Profiles for Albania, Serbia, Bosnia and Herzegovina, Montenegro, Kosovo and North Macedonia.

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European Industry Experts' Outlook On 2025's Challenges And Opportunities
We started 2024 with many uncertainties, and when we look back, hardly anyone wanted to commit to anything concrete. Yet, despite that, the industry clearly closed the year in a better position. To record some of the most important changes, we invited top industry experts from all around Europe to share their insights and outlook on the year ahead of us.
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