PL

(245) November 2019

Editorial

In with the new

In Poland we say plenty is not a plague. But is that really true?

Ewa Andrzejewska
Investment

Riding out the e-commerce storm

Retail investors might be feeling wary but in Central Europe and Poland the sector is still performing well. However, as Jeff Alson, head of CEE capital markets at Cushman & Wakefield, explains, the market is still undergoing deep structural changes.

Alex Hayes
Report

A golden age for consumers

The Polish retail scene remains in excellent health despite the looming total Sunday trading ban and the unstoppable rise of e-commerce. The market saturation also means that the future is going to be dominated by smaller projects, upgrades, added functions and a cannier approach to customer relations – according to research by Cushman & Wakefield.

Trends

Adapt and urbanise

Atrium European Real Estate has been evolving from being a retail owner across the CEE region to one focused on dominant urban centres. Scott Dwyer, the COO of Atrium European Real Estate, explains how the company plans to do this and succeed in a rapidly changing retail environment.

Rafał Ostrowski
Retail & leisure

Living the change

More than 142 mln customers visited Immofinanz’s retail parks and shopping centres in 2018 – an increase of almost 20 mln on the previous year. We spoke to Dietmar Reindl, the COO of the company, to find out what it is doing to maintain this growth and cope with the challenges of a changing retail landscape.

Rafał Ostrowski
Trends

Westfield reinvents togetherness

Westfield has now come to our region, as Arkadia in Warsaw and Centrum Chodov in Prague are added to the shopping centre network in the first stage of the a major rebranding programme. We spoke to Arnaud Burlin, the managing director for Central Europe of Unibail-Rodamco-Westfield, about the reasons for the change and what it means.

Anna Korólczyk-Lewandowska
Trends

15 years of arkadian bliss

Arkadia, the largest shopping centre in Warsaw, celebrates its fifteenth birthday this year. The anniversary coincides with the introduction to continental Europe of the Westfield brand by the centre’s owner Unibail-Rodamco-Westfield. On September 25th, the mall started operating under the Westfield name.

Property & asset management

Multi-task manager to the rescue!

As the Sunday trading ban moves towards becoming total, and as organisational changes take place in shopping centres and the costs rise for maintaining them, having an effective shopping centre manager has become even more indispensible – not only for the smooth functioning of the centre, but also for looking after its value.

Tomasz Cudowski

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