On the final day of the MAPIC conference, Property Week asked a selection of delegates to sum up their experiences at the conference this year.
Mango has signed a deal to open its first UK store for its Touch accessories fascia.
Hong Kong’s Causeway Bay has overtaken New York’s Fifth Avenue as the most expensive retail destination in the world.Source: Michael Tyle.
Cushman & Wakefield Investors and Scottish Widows Investment Partnership have bought a portfolio of three shops in Linköping, Sweden’s fifth-largest city, for €33m.
Evans Randall plans to reconfigure and redevelop its Königsbau Passagen shopping centre in Stuttgart, Germany.
Tumi has launched a European expansion drive following its New York Stock Exchange listing in April.
Editor-in-chief, Giles Barrie, presents the MAPIC wrap with Robert Wingrave, the managing director of Lunson Mitchenall.
Increased consumer spending in developing markets, driven by a rapidly growing middle class, presents an opportunity for expanding retailers, delegates at MAPIC heard this afternoon.
“Portas is a legacy of Blair’s celebrity culture, but she’s not Sir Bob and the high street isn’t Africa. She’s a distraction not a solution,” — @tpfv23, aka Jones Lang LaSalle head of retail Tim Vallance.
In the last few weeks, we have had strategic updates from all of the big food retailers and the shift in their attitude towards new stores has been marked.
It is time the property industry made a proper case for its contribution to the UK economy.
Not so long ago, the command issued by shoppers was simple and uncompromising: “Give me a reason to visit.”
Having landed safely on British soil and back into the swing of normal – non-conference life – I have been asked by my colleagues what the sentiment at Mapic was like. JLL’s latest research suggests, and pardon my crude summary, that we have observed burgeoning success of the emerging growth markets and these markets provide some attractive expansion opportunities for retailers with established growth strategies.
While relishing a spot of quiet time before I boarded my flight to Nice for Mapic 2012, I thought it was an ideal opportunity to share my thoughts on a number of aspects of airport retailing - my pet subject as I am the Retail Director of the newly formed JLL Airport Group.
Now in its fourth year How Active are Retailers in EMEA? examines the expansion plans of 100 leading retailers in Europe and the Middle East.
Despite a backdrop of a slower global economy and continued uncertainty surrounding the euro zone, prime retail rents were generally resilient over the year to June 2012 according to Cushman & Wakefield’s Main Streets Around the World report.
Challenging trading conditions persist and there is no let-up in the scrutiny of operational costs.
Jones Lang LaSalle: Retail and leisure parks OSCAR 2012 - Service Charge Analysis for Retail and Leisure Parks
Retail & Leisure Park OSCAR 2012 provides research on 2011 reconciled service charge costs and 2012 service charge budgets.