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Retail real estate is facing tough times as we close in on the prospect of a long, cold winter. Amidst the impending energy and economic crisis and an escalating threat resulting from a war in Europe, for many, the fear is here. Investor insecurity is high, and property owners are wary of fuel and finances running into scarce supply. However, as we have learned from the COVID-19 pandemic, where there is a challenge, there is also an opportunity.

Sonae Sierra accelerates the future-proofing of its real estate portfolio. Christine Hager, Sonae Sierra Director, responsible for property management in Germany, describes what being future proof means in today’s business world. There is one thing or particular note: Knowing how energy is being consumed is key to understanding and identifying where the most effective changes should be made.

The winners of the retail competition First Store by ALEXA Vol. 4 – Academy Edition have been chosen: “SELLPY x ALEXA” is the concept for an innovative second-hand clothing store presentation in cooperation with the leading Swedish second-hand clothing brand Sellpy. The first offline presence in Germany of the online company will take place in ALEXA, Berlin.

As a company that is responsible for the management of more than 12 office and retail assets in the territory of Belgrade, MPC Properties has made a decision to turn off the facade lighting of its buildings during the night to ensure maximum electricity savings in the last quarter of 2022.

While Western Europe is struggling with the aftermath of the coronavirus and is plagued by inflation concerns, Nepi Rockcastle has delivered 2019-level numbers and boasts a full development pipeline. In an interview with ACROSS editor Reinhard Winiwarter, CEO Rüdiger Dany explains the peculiarities of Eastern European markets, why he is neither concerned about inflation nor in the position of having to actively seek tenants for his sites, and why he sees ESG investments as real earnings opportunities.

Especially in unpredictable times people need guidance. The International Mentoring Community of Real Estate was created to provide this guidance and to build a most valuable community of experts who can share their knowledge and experience with those who need it and also between themselves. ACROSS spoke with Anna Zachara-Widła and Michał Miazek, founder of IMCR, about their way of mentoring and program.

Grosvenor has announced the signing of leading sports apparel brand, Under Armour, at Liverpool ONE. Trading from 280 sq m sq ft on South John Street, Under Armour Liverpool ONE is set to open later this year and will stock the brand’s renowned performance sports apparel, footwear and accessories.

Grosvenor has announced that designer retailer, Tessuti, has opened its new global flagship store at Liverpool ONE, demonstrating the brand’s ongoing vote of confidence in the destination.

The Polish division of Multi Corporation has signed a lease agreement for the Resident Service Center (RSC) of the Wrocław City Hall in the Magnolia Park shopping center the company manages. Leasing for social services is one of the directions of changes introduced in commercial assets managed by Multi.

Wembley Park has announced a trio of wellbeing lettings which together will see opticians Specsavers, independent salon Urban Rose Beauty and dog wellness centre The Cuddle Club occupy nearly 450 sq m at London’s world-famous Wembley Park neighbourhood.

Increase in Rental performance increased by almost 50 percent while former Real spaces successfully upgraded with new anchor tenants. The new Globus in the Bethanien Center in Neubrandenburg is a magnet for customers.

Europe’s retail property sector was disproportionately impacted by the pandemic, pushing its marketing efforts to be more innovative than ever. The Solal Awards, launched by ECSP, recognizes marketing excellence in retail and leisure destinations right across the continent. The Solal Awards are now open for submissions.