The Hyundai Opens in Wealthy Seoul Suburb

Development News, Shopping Center Business

Team at the JHP concept mall has lofty goal of hitting $698 million in sales by year’s end.

While some commercial real estate developers are preaching the virtues of hyper-local retail mixes, The Hyundai, one of South Korea’s biggest urban malls, is banking on its international brand roster to position itself as a prime destination i[...] Tactics Subscribers Read More...

This Mall Carpark Can Power 170 Homes

Development News, Shopping Center Business, Sustainability

The Pines Elanora’s apparent New Year’s resolution is to make sustainability a central part of its CSR mandate.

The Pines Elanora is already known as a community hub for local residents seeking everyday staples and a place to spend time with their families. It has now also become one of Australia’s largest solar power generators. The Gold Coast shopping[...] Tactics Subscribers Read More...

Outlet Collection Brings New Opportunities to Winnipeg

Development News, Shopping Center Business

Image credits: Ivanhoé Cambridge

The collection will be an iconic piece of a larger mixed-use development.

Late last month, Ivanhoé Cambridge officially broke ground on an exciting new project: Outlet Collection Winnipeg. It's the developer's second pure outlet center, and the province of Manitoba's first. “Not only are we bringing a new and e[...] Tactics Subscribers Read More...

Friars Walk Grand Opening Set for November

Development News, Shopping Center Business

Marketer Victoria Holloway to capitalize on pre-holiday timing and involve the local community to launch Queensberry Real Estate’s first retail project.

It’s been five years since Queensberry Real Estate (QRE) was formed, and the UK developer has now begun the countdown to the opening of its first retail and leisure center: Friars Walk in Newport. QRE has confirmed that it will launch the sche[...] Tactics Subscribers Read More...

AsheMorgan to Begin Harbour Town Upgrade

Development News, Shopping Center Business

Two large plazas that will serve as event spaces and interaction hubs are on the plans for the Harbour Town Melbourne center, part of a $146m portfolio.

AsheMorgan has been chomping at the bit to put another mark on the Australian commercial landscape and it intends to do it through Harbour Town Melbourne, which it hopes will become one of the city’s top shopping and entertainment destinations[...] Tactics Subscribers Read More...

Gold Coast Looks to the Future with Chinatown Development

Development News, Shopping Center Business

Southport International District concept is at the heart of the area’s public-private city revitalization plans.

Chinese migrants first landed in Australia’s Gold Coast back in the late 1800s, but there’s never been a formal Chinatown in the city until now. Already fueled by a knowledge economy that has drawn international students to local language sc[...] Tactics Subscribers Read More...

Avaricum Now Open in the Heart of Bourges

Development News, Shopping Center Business

Development an example of the viable convergence of urban, architectural, commercial, and environmental interests.

The word "Avaricum" harks back to a time when the ancient fortified town of Gaul was the field of fierce battles between the Roman legions and resisting Gauls. Today, Avaricum still refers to a hub of activity in what is now Bourges, France, but[...] Tactics Subscribers Read More...

IKEA Centres Russia Is All Set to Invest $2 billion on Major Development Plan

Development News, Shopping Center Business

New retail mix strategy will see F&B and entertainment tenants become MEGA mall co-anchors.

Back in 2002, when IKEA Centres Russia opened its first MEGA mall at Teply Stan in Moscow, having a food court and ice rink at the heart of the property was a breakthrough for the country’s industry. Today, the F&B category is still key in wha[...] Tactics Subscribers Read More...

The Unwrapping of The Promenade

Development News, Gift Cards, Sales Promotions & More

The Promenade unveils its updates during the busiest time of year, and achieves a record-breaking productivity high.

The Promenade picked the busiest time of year to unveil its new merchandise mix and revamped amenities. With a $46 million renovation nearly complete last November, the Canadian center felt like it couldn’t miss the opportunity to re-launch it[...] Tactics Subscribers Read More...

Vietnam’s Changing Retail Scene

Development News, Retailer Roundup, Shopping Center Business

From shophouses to shopping malls: a look at Vietnam’s changing retail scene.

While Asia's emerging mega-markets of China and India have been a focus of attention of global retailers for a number of years, Vietnam's rapid economic development, strong demographics and recent World Trade Organization (WTO) accession are now[...] Tactics Subscribers Read More...