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shoppingcenter

credit: ECE

SHOPPING CENTERS: FLEXIBLE SPACES FULL OF OPPORTUNITIES

Today, more than ever, a first-class location, excellent management, and continuous further development are decisive for the future of a retail property. In addition to the location-specific sector and tenant mix, the gastronomic offer is crucial for success – as ECE Marketplaces shows.

credit: NEPI Rockcastle

NEPI ROCKCASTLE: TENANT SALES AND ACQUISITIONS DRIVE STRONG GROWTH

NEPI Rockcastle’s net operating income (‘NOI’) rose 23% in the first nine months of 2023 (‘9M 2023’) to 365 million Euro, versus the same period of 2022, continuing the robust pace of growth since the end of the Covid pandemic. The main drivers of the strong performance were a combination of tenant sales performance and the contribution of the acquisitions completed in 2022.

credit: ECE Marketplaces

„Retail real estate is a stable and resilent asset class” 

“Despite the significant challenges of recent years, it is clear that retail real estate is a stable and resilient asset class,” says Joanna Fisher. In an interview with ACROSS, the CEO of ECE Marketplaces talks about the opportunities of a once again dynamic market, dealing with industry changes and ESG, and her goals as the new Chairwoman of ECSP.

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

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

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.

credit: FİBA Commercial Properties

“We should all say: Now, more than ever!”

In this in-depth management interview, Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties, not only spoke about the current global developments taking place at his company, but also about the opportunities in the Turkish market, why Turkish brands are expanding so successfully in Europe, the Middle East, as well as in the MENA region, and about his recent experiences in China. His advice: Now, more than ever, it is time to look towards Asia.

credit: HBB

REVITALIZATION AND ASSESSMENT OF RETAIL REAL ESTATE: CASE STUDY OF RATHAUS GALERIE ESSEN

Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.

credit: SES

“CREATING VIBRANT LIVING SPACES”: TURNING KING CROSS ZAGREB INTO CROATIA’S MOST MODERN SHOPPING DESTINATION

Renovating existing buildings and reducing new construction is the order of the day. Christoph Andexlinger, CEO of SES, uses the example of KING CROSS Zagreb to explain how the company is developing the established, aging center into a state-of-the-art mall with a high quality-of-stay via a complete refurbishment, thereby elevating it to the next level of success.

credit:waterdrop

waterdrop opened store in Europark Salzburg

waterdrop is one of the best-known microdrinks, with stores openings all over the world. Now the wish of the founders has come true, which they already had in the founding year 2017: their own store in the Europark in Salzburg.

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.

Country Profiles SEE-Markets

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

credit: Sonae Sierra

BRINGING NEW BRANDS TO THE REGION

“Through constant innovation, we can remain at the forefront of the industry and maintain our commitment to adding value to our clients’ assets,” said Cristina Santos. The Managing Director of Property Management of Sonae Sierra talked to ACROSS founder Reinhard Winiwarter about the Prishtina Mall management contract.

credit: MPC

THE SUCCESS STORY OF BEO SHOPPING CENTER: INSPIRATIONAL COMMUNITY CONCEPT

BEO Shopping Center is a best practice example of how to create a meaningful identity for a shopping center. What used to be a ruined factory has become a real community center and an award-winning shopping destination. Nemanja Bućinac, Retail Leasing Director MPC Properties, gives a unique overview of BEO Shopping Center.

credit:bestseller

Bestseller Group expands in Austria

Worldwide, there are around 3,000 Bestseller brand stores in 32 countries, 600 of which are operated by partners. The wholesale business sells products to more than 17,000 multi-brand and department stores around the world.

credit: BIG

Powerful entrance of BIG Shopping centers Ltd. into the Polish Market

BIG game changer has arrived in Andrychów and Lubin.
BIG Andrychow and BIG Lubin are the new names of Galeria Andrychów and Cuprum Park in Lubin and the first BIG retail parks in Poland. Both retail parks have been acquired by BIG Shopping Centers Ltd in 2022 and passed through the complete rebranding process during the last month.

credit: Christian Recalcati

It was quite a challenge, but we did it!

A long and meticulous selection process resulted in a grand ceremony: Christian Recalcati, Head of the organization Team of the ECSP- Design and Development Awards, on how the Awards finally came back and set an example of excellence for the entire industry – now and in the future.

25th Retail Symposium ///credit: Heidemarie Kriz

25th Retail Symposium by RegioPlan: “Follow the Beat!”

On May 10, 2023, the Austrian retail and retail real estate industry came together at the 25th RegioPlan Retail Symposium. The event highlighted current and expected market conditions, trends and investments and offered a valuable platform for industry experts to connect.

The MEC leads the urban development plan procedure of the Bethanien Center Neubrandenburg to the statute resolution. /// credit: MEC

MEC creates planning security for the Bethanien Center in Neubrandenburg, Germany

Planning security for the Bethanien Center in Neubrandenburg: MEC, as the owner representative of its customer Union Investment, has brought about a resolution on the statutes of the city of Neubrandenburg’s development plan. This serves to secure the commercial location in terms of planning law and also secures the owner’s investment in the long term.

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