Mapic 2013 news 1 by RX REAL ESTATE SHOWS

mapic nEWs ®

Day

Wednesday 13 November 2013

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www.mapic.com

Opening night party

The Majestic Hotel hosted the MAPIC opening night party, this year sponsored by Russian jeweller Adamas See page 4

ent Prés au 2013 PiC A M tand S 4.17 LR

80 boutiques

ouVeRtuRe debut 2015

digital summit

The second MAPIC Digital Summit discussed the increasing convergence of digital and physical retail, with Land Securities’ Sean Curtis outlining the strategy for Trinity Leeds See page 20

Rising stars 2013, Les Docks en travaux

MAPIC shines the spotlight on the vast markets of Brazil, China, India and Russia

Renseignement commeRcialisation constRucta uRban systems Showroom des Docks 10 Place de la Joliette - Atrium 10.7 13002 MArSeille 04 91 17 34 61

Début 2015, ouverture des Docks Marseille®

leSDockS-MArSeille.fr

See page 29

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coNTENTS

mapic

in pictures

MAPIC AWARDS

4 MAPIC 2013 Opening Night Party

25 MAPIC Awards 2013: The Jury decides 26 MAPIC Awards 2013 finalists

MAPIC AWARDS

mapic

BeST reTAIl gloBAl exPAnSIon

The Jury PreSIDenT: FreDerIC lAlouM

General manager leasing & member of the management board Altarea France

AlAIn BouTIgny

MAxIM kArBASnIkoFF

enIS onCuoglu

John STrAChAn

Editor-in-chief Sites Commerciaux France

Partner, retail Cushman & Wakefield Russia

Managing director – architect Oncuoglu+ACP Turkey

Global head of retail Cushman & Wakefield United Kingdom

BeSTSeller (JACk & JoneS, Vero MoDA, only) Denmark

PrIMArk

STArBuCkS

United Kingdom

United States

yVeS roCher

France

BeST FACTory ouTleT CenTre

DelPhIne DAuge

MACIeJ kIeŁBICkI

JACQueS SInke

klAuS STrIeBICh

Agency director Brandimage France

Board member and managing director Mayland Real Estate Poland

Director of international retail MAB Development Group The Netherlands

Managing director Leasing ECE Projektmanagement Germany

MAPIC Awards 2013 finalists roPPenheIM The STyle ouTleTS

FAShIon houSe

Moscow, Russia, submitted by FASHION HOUSE Group

BeST FAShIon & FooTWeAr reTAIl ConCePT

Roppenheim, France,

submitted by NEINVER France and MAB Development

SICIlIA ouTleT VIllAge

Sicily, Italy, submitted by Arcus Real Estate srl

BeST reTAIl & leISure DeVeloPMenT

ChArMIng ChArlIe United States

JD SPorTS FAShIon

VAnS

United Kingdom

United States

oCeAn PlAzA

PlAzA SIngAPurA

submitted by UDP and K.A.N. Development

submitted by CapitaMalls Asia Limited

Kiev, Ukraine,

BeST FooD & BeVerAge reTAIl ConCePT

BBQ

South Korea, submitted by JHP

CAuSSeS

lA PlACe

France

The Netherlands

BeST oMnIChAnnel STrATegy

JD SPorTS FAShIon

United Kingdom

MeDIA MArkT + SATurn

Germany

Singapore,

PuerTo VeneCIA

Zaragoza, Spain,

submitted by Puerto Venecia

VegAS CroCuS CITy

Moscow region, Russia, submitted by Crocus Group

BeST reTAIl reAl eSTATe DeVeloPMenT In CITy CenTre

The WhISky ShoP

United Kingdom

koBrA

Ghent, Belgium, submitted by the city of Ghent

ST. lAzAre PArIS Paris, France, submitted by Klepierre

TrInITy leeDS

Leeds, United Kingdom, submitted by Land Securities

MoST InnoVATIVe ShoPPIng CenTre

The BoDy ShoP

United Kingdom

AeroVIlle

eMPorIA

Roissy Charles-de-Gaulle, France, submitted by Unibail-Rodamco Malmo, Sweden , submitted by Steen & Ström Sverige AB

MooD SToCkholM

Stockholm, Sweden, submitted by AMF Fastigheter

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RISING STARS news 10 New projects • MAPIC Digital Summit • Growth markets • New retail expansion, and more...

29 Brazil, India & Russia news 30 Fast fashion targets China 33 Focus on Russian projects

+ ULE

SCHED e nc Confere me m ra prog P38

mapic neWs 1 ®

The official MAPIC daily newspaper Wednesday 13 November 2013

Director of Publications Paul Zilk Director of Communication Mike Williams Editorial Department Editor in Chief Mark Faithfull News Editor Graham Parker Sub Editor Julian Newby Proof Reader Debbie Lincoln Reporters Ben Cooper, Liz Morrell, John Ryan Technical Editor in Chief Herve Traisnel Deputy Technical Editor in Chief Frederic Beauseigneur Graphic Designer Carole Peres Head of Photographers Yann Coatsaliou (360 Media) Photographers Michel Johner (360 Media); Eric Megret (Images & Co) Production department Publishing Director Martin Screpel Publishing Co-ordinator Emilie Lambert advertising contact in cannes Daniela Jakovljevic 06 35 02 70 97 daniela.jakovljevic@reedmidem.com Reed MIDEM, a joint stock company (SAS), with a capital of €310.000, 662 003 557 R.C.S. NANTERRE, having offices located at 27-33 Quai Alphonse Le Gallo - 92100 BOULOGNEBILLANCOURT (FRANCE), VAT number FR91 662 003 557. Contents © 2013, Reed MIDEM Market Publications. Publication registered 4th quarter 2013. ISSN 2256-9308

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in pictures

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Opening Night Party Delegates from around the world celebrated the opening of MAPIC at a party at the Majestic last night. The party’s sponsor was Russian jeweller Adamas, creator of the medals for next year’s Winter Olympic Games in Sochi. “We are delighted to be supporting this important event,” said Adamas CEO Maxim Vaynberg. “It is a great opportunity not only for us to present our business to the international market but also to see the trends across global development and retailing.” 4 N1P4+J.indd 1

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in pictures

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Left to right, Christophe Chupot and Nathalie Depetro from Reed MIDEM with Maxim Vaynberg from Adamas

Antony Pastiroff, left and James Brown, right of Jones Lang LaSalle

Left to right, Babou’s Franck Berbera and Thierry Morter with Carrefour Property’s Pierre L’helgoualc’h

Lebedev Danila of Leaders Club with Platforma’s Lyakhova Mariya and Maksim Mankevich from Magazin Magazinov

Nikolay Kozaderov from Detsky Mir

Left to right, Natalia Cheremisinova from Shokoladnitsa, Elena Shakhovskaya from Art Properties, Ginza Project’s Yana Pesotskaya and Natalia Oreshina from Art Properties

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neWs POLISH CONSUMERS PREFER CENTRES TO HIGH STREETS RESEARCH by Colliers International on five leading high streets in the Polish cities of Warsaw, Krakow, Poznan, Wroclaw and Tricity has revealed that high streets remain less popular than shopping centres among consumers. The vast majority of inhabitants (80%) said they preferred to do their shopping in shopping centres, while high streets were preferred by only 9% of respondents. In all, 8% of interviewees stated that they most frequently buy goods online. Agnieszka Winkler of Colliers International, Poland, added: “As many as 82% of the inhabitants of the five cities identified the negative impact of the arrival of shopping centres in central districts on high streets.”

Vill’up and St Paul offer Apsys’ mix of retail, leisure and culture

St Paul les Romans, opening in September next year

OLLOWING the opening of Beaugrenelle Paris and Rives de l’Orne in Caen last month, Apsys will be promoting the next major openings among its development pipeline at MAPIC. Vill’up, located in the 19th arrondissement of Paris and part of the Cite des Sciences complex, will open in the second half of 2014 next year. The scheme combines a leisure offer including a Pathe cinema, freefall simulator iFLY and the

Apsys has a portfolio of 20 shopping centres in France and Poland, with 10 projects under development. In September, Apsys Polska began managing four additional shopping centres in Warsaw, Cracow, Wroclaw and Lodz. It now has 18 centres under management, representing 650,000 sq m of GLA. “With all our new schemes you can see the growing importance of mixing retail, leisure and culture to create compelling and family-friendly environments,” development director Matthieu Babinet said.

SOME 25 property professionals from the UK rolled into Cannes yesterday following a 450-km bike ride from Milan to Cannes. After the Milan-San Remo stage, the riders cycled through the spectacular Alpes-Maritime region before heading along the coast to Cannes in time for the start of MAPIC. CBRE UK managing director Ciaran Bird said: “It’s been fantastic from start to finish. The weather got better and better as we went along. We’re delighted to be here.” The inaugural Cycle To MAPIC attracted an impressive line-up of sponsors, including headline sponsor CBRE; carbon sponsor Henderson Global Investors; media partner and team sponsor, Estates Gazette; charity partner and team sponsor, Coram; and alloy sponsors, Sign Brand, Lancer Scott, Hammerson and Sager Management.

Colliers’ Agnieszka Winkler

NEW BENCHMARK WILL CUT COSTS PAN-EUROPEAN retail real estate specialist Redevco has produced the first benchmark measuring energy and water consumption by retail sector specialty, instead of focusing on the property type. The groundbreaking research is based on data provided by 1,271 of its retail tenants. “Now that we can measure the trends in individual retail sectors for the first time, Redevco will also be able to identify the best ways to conserve these vital resources at the property level and use this information to advise our tenants on how to cut costs,” said Derk Welling, Redevco’s head of corporate responsibility.

Moov’Box complex, with 25 stores and restaurants. Another project to be highlighted at MAPIC is the St Paul Park shopping promenade, anchored by a Leclerc hypermarket. Situated in Saint-Paul les Romans near Romans in the south east of France, it is set amid a landscaped environment and features a gently sloping beach terrace with up to 40 cm of water in which children can play and adults cool off. It is scheduled for completion in September 2014.

Hammerson responds to retail recovery ANGLO-FRENCH investor Hammerson is stepping up the pace of its development programme in response to the improving retail climate. Chief executive David Atkins said: “We are seeing on-going signs of recovery in our markets, particularly the UK, where improving retailer confidence is generating increased demand for our retail space. We are capturing this momentum by advanc-

ing developments, refreshing our assets and pushing ahead with multichannel initiatives to enhance the shopper experience at our centres. We are well positioned to capitalise on opportunities in our markets.” Refurbishments have recently been completed at Italie Deux in Paris; Place des Halles in Strasbourg; and Grand Maine in Angers. And Hammerson has four developments currently on

site at Les Terrasses du Port in Marseille; Silverburn in Glasgow; Cyfarthfa Retail Park in Merthyr Tydfil; and O’Parinor in Paris. Looking to the next generation of developments, Atkins said planning consent had been granted for the development of Victoria Gate in Leeds while a revised planning application had been submitted for the extension of Brent Cross in London.

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Godiva offers exceptional Belgian chocolates since 1926. Its passion for luxury and innovation, combined with exceptional craftsmanship, has contributed to building its legend. Synonymous with refinement and prestige all around the world, Godiva chocolatier is the choice to make for every occasion.

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neWs CENTERFALLS WILL BE FIRST DESIGNER ‘RESORT’ DESIGN International has unveiled its Centerfalls outlet development in Lebanon. Developed by Sidcom, the 30,000-sq m Centerfalls bills itself as the first designer outlet resort. On completion in spring 2016 it will be divided into three zones: The Resort, focusing on dining and entertainment; the Designer Outlets, housing Louis Vuitton, Gucci, Fendi and Prada and others; and the Gourmet Market, which offers a large selection of healthy groceries. Situated in a hilltop location in Beirut’s affluent Metn neighbourhood, Centerfalls is designed around a series of sweeping terraces to make the most of the views down to the sea. “We thought of Centerfalls as a project that is tailored to the needs and desires of its guests. A place to dine, shop, entertain and be entertained,” said Design International CEO Davide Padoa.

Advantail expands its designer outlet business across France

One Nation: Opening next week to the west of Paris

HE ONE Nation Paris designer outlet is to open early next month to the west of the French capital. Managed by designer outlet specialist Advantail, and developed by Catinvest it will be Advantail’s third designer outlet in the country. The 24,000 sq m scheme is located close to Versailles and will include 140 stores plus restaurant and leisure facilities. Franck Verschelle, founder of Advantail, said that the location should ensure strong tourist traffic and that One Nation would offer a mix of mainstream and luxury discounted brands. The ground floor of the development will include sports-oriented lifestyle and streetwear brands, while the first floor will feature luxury and chic brands. Rossignol will open its first outlet store, while Armani, Kenzo and

Desigual have also taken space. Since June of last year, Advantail has also managed and renovated the 16,500 sq m Usines Center in Paris, owned by AEW, bringing in six new retailers this year including Desigual and Benetton. The third centre in its portfolio is the Nailloux Outlet Village near Toulouse, owned by Corio, which has also been renovated. Advantail is promoting its French designer outlets at MAPIC, emphasising the opportunities around the growing tourism market. Having established itself as a specialist niche player in the country, Verschelle said Advantail will continue to look to expand in France, but did not rule out growth outside France. “There are some particularly interesting opportunities in the emerging markets,” he said.

Skyline Plaza: more than just a centre Centerfalls is designed to open up sea views

DANA MALL IS BIGGEST IN BELARUS PAVEL Latushko, the Ambassador of the Republic of Belarus and Consul Sergei Anoshko, visit the stands of Zomex Investment and Dana Holdings today to attend a cocktail party to present Dana Mall, the largest shopping mall in the region with a built area of some 100,000 sq m. Dana Holdings member company Zomex Investment is the largest development company in Belarus.

SKYLINE Plaza in Frankfurt am Main has set new standards for retail in Germany’s financial district. The €360m project was a joint venture between ECE and CA Immo, and Allianz took an 80% stake on completion in August 2013. The 38,000-sq m two-level mall houses 170 shop units and has attracted a number of international brands to Frankfurt for the first time, including Inditex’s Pull & Bear, Mango Kids and the Italian shoe brand Nero Giardini. ECE set out to create a meeting place in the heart of the city and Skyline Plaza has a wide range of bars and restaurants in a 400-seat food court and the spectacular 7,300-sq m Skyline Garden. ECE’s CEO Alexander Otto said: “Skyline Plaza makes me feel proud. It is so much more than just a centre. Being the heart of the

new European Quarter, it offers its visitors many opportunities which you will not find elsewhere, such as the diverse food court, the Skyline Garden as a perfect meeting point and the branch mix.”

ECE’s CEO Alexander Otto

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neWs cautious optimism returns to uk THERE will be more confidence among UK delegates at MAPIC, but that fresh perspective will be tinged with caution, said Ashley Blake, Land Securities’ head of retail portfolio management. “For us it will be about introducing our two new schemes at Oxford and Glasgow. We are talking to anchor tenants and big-space users and we have a lot of meetings set up for MAPIC,” he said. “Those with the best retail locations have already felt the positive impact of improved sentiment. But from interest rates to quantitative easing there are still things that could impact confidence. Most people do foresee growth, it’s the speed of growth that is less certain.”

Hong Kong’s Causeway Bay tops world’s most expensive listing

ONG Kong’s Causeway Bay has been named as the world’s most expensive retail destination in the 25th anniversary edition of Cushman & Wakefield’s flagship Main Streets Across The World report. Rents there have broken through the $3,000 per sq ft (€24,200 per sq m) barrier for the first time in the survey’s 25-year history. New York’s Fifth Avenue held on to second place at $2,500 per sq ft while Avenue des Champs-Elysees in Paris, after a 40% rental rise, took third place at $1,600 per sq ft. Continued demand from international luxury brands drove rents in London’s New Bond Street up

by more than 15% to $1,047 per sq ft, and the location climbed from sixth to become the fourth most expensive shopping street in the world. Ginza in Tokyo, at $984 per sq ft, moved down into fifth place this year. On average, global retail rents for prime locations rose by 3.2% year-on-year, with the Americas showing the strongest regional growth with prime rents increasing by 5.8%. Cushman & Wakefield’s global head of retail, John Strachan, said: “Once again, we have seen Fifth Avenue and Causeway Bay retain their titles as the most expensive retail locations in the world. But we have also seen positive growth across almost all

city mall project on target in verviers BELGIAN developer City Mall aims to break ground on its 29,000-sq m Au fil de l’Eau project in Verviers next year. In the heart of the historic mill town, it includes 85 stores, 56 apartments and is expected to draw six million visitors a year.

plan to revitalise downtown calais THE ECONOMIC development and promotion agency for Calais is at MAPIC to present a plan to revitalise its downtown shopping area. “MAPIC is unmissable for retail and trade property professionals,” said Natacha Bouchart, Senator and Mayor of Calais.

One Fashion Outlet has opened close to the Slovakian capital Bratislava

Cushman & Wakefield’s John Strachan

of the top global cities as international brands continue to compete for premier positions in the world’s most highly sought after shopping streets.”

FREEPORT’s 15,000-sq m One Fashion Outlet opened at the end of October 2013 in Voderady, close to the Slovakian capital Bratislava, and attracted 45,000 people through its doors in the first two days. Situated on the D1 Highway, the scheme has 4.8 million people living within a 90-minute drive time. It consists of 70 units with international tenants including Adidas, Nike, Gant, Met, Aftershock, Ecco and Levi’s. The €75m scheme was designed by architects Holder Mathias for Rioja Developments and Realiz while leasing is managed by Rohleder Lumby and SJ International.

Neinver sets the green standard NEINVER, Europe’s secondlargest operator of outlet centres, reinforces its green credentials today as it receives In-Use Certifications from the BREEAM environmental benchmarking scheme. The award covers five Spanish outlet centres and one in Portugal. BREEAM director Gavin Dunn said: “Neinver’s ultimate goal is to incorporate the concept of sustainability into each and every business activity of the company. BREEAM gives them a framework for achieving these positive improvements, both in the design of new developments and their operation and maintenance.” For example a number of new

initiatives have been successfully introduced at the 12,800-sq m Style Outlets development in La Coruna in northern Spain. The centre’s external lighting meets energy and low-sky pollution criteria while there are free chargers for electric cars. The lifts and escalators are optimised and managed to reduce energy consumption; water consumption is monitored by an automatic leak detection system and CO2 detectors monitor air quality. “Using BREEAM means we focus not only on the buildings’ initial design and construction, but we also keep in mind the best, most efficient maintenance and upkeep

once the facilities are in use,” said Eduardo Ceballos, Neinver’s Southern Europe director.

Neinver’s Style Outlets in La Coruna showcases its green approach to operation and management

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More about ABRASCE, follow

BRAZIL AND ITS POWERFUL CONSUMER MARKET

13Th INTERNATIONAL CONgRESS OF ShOPPINg CENTERS AND CONFERENCE OF ThE AMERICAS - ExPOShOPPINg SEPTEMBER 15 - 17, 2014, Sﾃグ PAULO - BRAZIL The most important convention of the Shopping Center Industry in Latin America. Come and enjoy the opportunity of networking with the biggest players.

Information, registrations and exhibit space request:

Tel 55 (11) 3506-8308 E-mail: congresso@abrasce.com.br or

exposhopping@abrasce.com.br

Partner:

BRAZILIAN COUNCIL OF SHOPPING CENTERS

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Swiss retail parks sell to Middle East investors

Henderson has sold Champs Fleuris Matran (pictured) and Les Grosses Terres in Etoy

ENDERSON Global Investors has sold two retail parks in Switzerland on behalf of Herald, its European retail property fund. Champs Fleuris in Matran and Les Grosses Terres in Etoy were sold for €57m in separate transactions to Middle Eastern private investors. Matran’s Champs Fleuris is a 12,000-sq m site. Main tenants include Ottos, Denner, Gemo, Happy Baby, La Grand Recre and La Halle aux Chaus-

sures. Les Grosses Terres in Etoy comprises 7,000 sq m and houses retailers such as Interiors, Gemo, Keria and Natuzzi. Carl White, manager of the Herald Fund, said: “The successful sale of these two assets is testament to the limited supply of stock within the Swiss market and a reflection of the current appetite for cross-border retail investment.” Jones Lang LaSalle, Zurich acted for Henderson on Champs Fleuris; CBRE, London acted for Henderson on Les Grosses Terres.

Codic’s White Parc

CODIC is making rapid progress on its 12,000 sq m White Parc development on the A13 autoroute at Villennes-Orgeval, to the north-east of Paris. The BREEAM-certified project, due to open in Spring 2014, will set new standards for sustainability in retail parks, with solar panels, a green roof and rainwater harvesting. This has helped attract a strong line-up of pre-lettings including Darty, Orchestra and Gautier.

Ashford outlet doubles in size ASHFORD Designer Outlet, part of the McArthurGlen designer outlet portfolio in the UK, is set to nearly double in size, adding an additional 14,000 sq m of GLA to reach 31,000 sq m. McArthurGlen said it expects to begin construction in late 2014 with a planned opening at the end of 2016. Gary Bond, McArthurGlen’s managing director, development, said: “We are looking to create the next generation of

designer outlet, reflecting the quality of our flagship McArthurGlen designer outlets in Europe, bringing in exciting new brands, as well as cafe and restaurant concepts.” The announcement of the expansion of Ashford Designer Outlet follows the £35m expansion of McArthurGlen’s Swindon Designer Outlet, which saw the renovation of the historic Long Shop building and the addition of some 30 stores.

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Bydgoszcz gets the OK for shopping centre extension

N EXTENSION to the Galeria Pomorska shopping centre in Bydgoszcz, Poland, has been given the go-ahead. The 10,000 sq m extension will take the overall scheme to 43,000 sq m with a total of 140 stores. The works will also add 900 more parking spaces. Pan-European fund Resolution Property, which owns the scheme, has been granted permission to proceed with the works by the President of Bydgoszcz City, following a deal

with PBB Deutsche Pfandbriefbank to secure a €55.8m loan to fund the extension. Almost half of the extension has already been signed for, including deals with Bershka and Stradivarius, which will join existing brands H&M, Reserved, Smyk, and Carrefour, which has a hypermarket at the scheme. The extension is part of a longterm revitalisation of Galeria Pomorska which started in 2011 with an internal refurbishment of the food court and a range of new tenants opening their doors in the scheme.

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GERARD Groener, CEO of property giant Corio, has sounded an optimistic note for the pan-European retail investor’s key markets. “Since the implementation of our new strategic model at the start of the year, our focus has been on realising operational improvements in order to respond to the ongoing challenges across Europe,” he said, adding: “We are still confronted with the impact of the economic headwinds on our results, especially in Spain and the Netherlands. However, signals of economic recovery are visible in our other home markets.” Refurbishments have been completed at Le Gru in Turin and Centro Commerciale in Naples and before the end of the year, two more projects, Marseille Grand Littoral and Porta di Roma, will be completed.

Discover Manhattan at stand R32.29 +44(0)20 7269 8500 info-uk@manhattansoftware.com

European retail shows growth AT €16.2bn, investment in European retail real estate over the last six months is up 14% on last year, according to research from Colliers International and RCA. The UK maintained the biggest share, attracting 33% of the capital in Q2 and Q3, although investment in Central and Eastern Europe saw the biggest advance in volumes. Russia and Poland attracted the majority of the capital in Cen-

tral and Eastern Europe, representing 6% and 5% of the European market share respectively. If all the shopping centre projects currently under construction are completed as scheduled over the next six months, more than four million sq m of new shopping-centre space will be delivered to market — primarily in Russia, United Arab Emirates, Turkey and Poland, according to Colliers.

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John Lewis set to open in Westfield London in 2017 John Lewis opens at Westfield London in 2017

HOPPING centre developer Westfield and UK department store retailer John Lewis announced yesterday that a new full-line John Lewis department store will open in an extension to the Westfield London shoppintg centre in 2017. Michael Gutman, Westfield Europe’s managing director, said that John Lewis is the most requested store at the centre. The 20,438 sq m (220,000 sq ft) store will anchor the extension and will stock around 350,000 lines as well as features including an outdoor dining terrace

with views over the listed Dimco buildings and BBC television centre. The new store will occupy a little over a third of the planned extension that will deliver an additional 55,742 sq m of retail space, as well as 1,500 new homes. Andy Street, John Lewis managing director, said: “Our business in London has strengthened significantly over recent years. It is therefore right that we now move to open in Westfield London and bring our offer to customers in the west of the city.” Currently, Westfield London attracts 27 million UK and tourist shoppers.

Big-name retailers are key A DIVERSE range of stores that includes big-name retailers is the most important factor for secondary shopping centre success, according to a new study by CBRE. In an analysis of ‘good’ secondary shopping centres (ie prime shopping centres in secondary locations or secondary shopping centres in a prime location) across Europe it found this far outweighed factors such as access, car parking and catchment. Managers were asked to identify the three retailers that generated

the most footfall in their centres with Primark, Apple and H&M among those topping the list. Albert Hoogland, executive director, shopping centre management, CBRE, said good secondary shopping centres could be located anywhere. “What unites them is the ability to either dominate their catchment or capture sufficient spend from this catchment. To achieve this, a strong tenant mix is vital and needs to be appropriate for the size of the scheme and demographic profile of the area,” he said.

Altarea sets out web ambitions RUE DU Commerce, a subsidiary of real-estate specialist Altarea Cogedim, rebranded and renewed its transactional website earlier this month. The objective is for 50% of its turnover to be achieved through third-party merchants by 2015.

Altarea acquired Rue de Commerce in 2012 and currently has 750 vendors on its marketplace. In the past 12 months Altarea has repositioned the site to replace some pure players with physical retailers as part of its service proposition.

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Carrefour’s Mondevillage is France’s largest new park

ARREFOUR Property has opened Mondevillage, a new retail and restaurant area that complements the Mondeville 2 shopping centre and is the largest new retail park opening in France this year. Opened in Caen at the end of October, Mondevillage comprises some 35 stores spread across 42,000 sq m. These include personal accessories stores, equipment for the home and culture Carrefour Property’s Mondevillage

and leisure activities. Nearly 95% of the stores opened in time for the Mondevillage launch. These include CCV, Cultura, Memphis Coffee, Orchestra, Premaman and Zodio, as well as new concepts such as La Halle, La Grande Recre and Flunch. Mondevillage has been designed as an open promenade that runs alongside the large and medium-sized stores, with a central section for restaurants and services. Its 1.5 ha of green space has 300 apple and pear trees, nesting for birds and beehives, as well as high-performance equipment and energy-management features. Mondevillage should also be the first BBC-certified (Batiment Basse Consommation - Low-Energy Building) retail park.

Poznan City Center opens THE MIXED-use Poznan City Center scheme has opened its doors bringing 58,000 sq m of new space to the Polish city. A joint development between TriGranit, Europa Capital, and PKP, the centre includes 230 retail stores and 35 catering units, anchored by H&M, TK Maxx and Royal Collection. The development has also brought new retail brands to Poznan, including Sportsdirect.com, Toys “R” Us and North Fish. It has been built on land formerly used for railway tracks,

and connects with the town’s railway station and bus terminal. An additional tram stop has also been built to connect the centre to the city. Europa Capital senior associate James Pennington said: “We are very proud of what has been achieved at Poznan City Center and believe this excellent development will change the face of retail in central Poznan.” Developer TriGranit operates throughout the CEE region, with around €4bn worth of mixed-use space currently in development.

Russia shows growth potential REFURBISHMENT of first- Russia, said current projects generation shopping centres include a mixed-use scheme and development beyond the linking the waterfront and city twin hubs of Moscow centre in Vladivostok. and St Petersburg will “Retail penetration rebe the main focus of mains very low in Rusretail expansion in sia, which is creating Russia, according to opportunities for invesHakan Pehrsson, CEO tors in development, of Stockholm-based adrefurbishment and asset visor The Retail Headmanagement,” he said. quarters. Pehrsson, for“We are also seeing Pehrsson: merly with IKEA and Hakan renewed interest in the Opportunities in Russia Jones Lang LaSalle in and the Baltics Baltics region.”

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neWs Digital is an ‘essential element of development’ Summit concludes

HE second MAPIC Digital Summit took place yesterday. Chaired by Chris Igwe, CBRE’s head of retail in France, it featured a wide range of speakers covering the impact of digital on shopping centres, cities and high streets. With one speaker acknowledging “a profound decline” in the traditional methods of distribution, a strong emphasis was placed on the fact that many of the changes that are taking place are the outcome of social as much as technological drivers. “Where I want, how I want, when I want,” was the catchphrase that pervaded the thoughts of many who spoke, but methods of delivering this mantra varied as a series of case studies were presented. Emmanuel Pottier, strategy, in104_MONDO_N1_PIC

Sean Curtis: Adapting the basic principles of omni-channel

novation and new media director at digital media provider Clear Channel, said that the job of the advertising agency has always been to “connect brands with people”. He added that “digital is a new way of doing this” and that it can benefit retailers and shopping centre owners. Sean Curtis, head of business

marketing and brand partnerships at Land Securities, developed the theme, speaking about how digital engagement had been at the heart of the developer’s one million sq ft Trinity Leeds shopping centre: “We set ourselves the aim of building the UK’s most digitally enabled mall,” he said. “What we tried to do was

to adapt the basic principles of omni-channel and apply them to a mall environment.” Curtis said that the job of the landlord has always been to create platforms from which the retailer can trade and that in the past this has meant bringing traders to the “physical threshold. Now it includes digital,” he said. In Leeds, this has included student “lockins”, where the scheme opened for two-and-a-half hours and 20,000 students spent £400,000. The initiative was promoted through social media, instead of more traditional channels. “If you’re not having the digital conversation with your customers, somebody else will,” Curtis said. The underlying question seemed to be whether digital would add to the experience of being in a shopping centre and most speakers were of the opinion that being a ‘late adopter’ would be unlikely to prove an obstacle for developers but that digital investment is now an essential element of retail development.

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Immochan prepares for growth GROUPE Auchan’s Immochan has completed the partial disposal of its Italian portfolio to Morgan Stanley. Through its Italian subsidiary Gallerie Commerciali Italia (GCI), Immochan will continue to manage the mixed portfolio of retail property, now majority owned by Morgan Stanley. GCI will oversee leasing and property management on the portfolio, which includes a range of shopping centres and retail parks. Valued at €635m, it totals 15 assets throughout Italy. The deal is part of a wider strategy by Immochan to free up funds ahead of ambitious expansion plans in 2014 and 2015, which will add around 700,000 sq m to127_CFAO_N_PIC its portfolio.

Nordic region offers ‘substantial opportunity’ Katzman says

buoyant results underpin o’key expansion plans

HE NORDIC markets remain the best-kept secret for investors and retailers, offering substantial opportunity for brands wanting to expand their global visibility, according to Chaim Katzman, chairman of Gazit-Globe. He said a number global brands are still absent from the region, including Uniqlo, TK Maxx, Banana Republic, Victoria’s Secret and Whole Foods. “The Nordic countries are strong stable markets rated AAA, with 25 million consumers and a continuous trend of urbanisation — and yet there is a noticeable absence of international retail brands in the Nordic countries compared to the rest of Europe,” Katzman said. Gazit-Globe owns Citycon Oyj, a leading international owner, manager and developer of urban grocery-anchored shopping cent-

RUSSIAN food retailer O’Key Group is exhibiting for the first time at MAPIC. It announced its latest results last month, and has confirmed the signing of 10 new stores — including eight hypermarkets and two supermarkets — as well as two distribution centres for its planned discount store format in Moscow, in the third quarter. The company is currently fitting out eight O’Key hypermarkets and three supermarkets under the O’Key-Express brand. CEO Patrick Longuet said that like-for-like sales rose by 9.2% in the third quarter, mainly driven by an 8.4% increase in average basket value.

Gazit-Globe’s chairman Chaim Katzman

ers in the Nordic and Baltic regions, which this year celebrates its 25th anniversary. It is the largest shopping centre owner and operator in Finland and Estonia and the second largest in Sweden.

CFAO, specialized in distribution for Africa, opens the gates to this vast market with its network of shopping centers Thanks to a population exceeding one billion, an expanding workforce, rapid urbanization and strong economic growth, Africa’s emerging middle class is enjoying a rising purchasing power and now has spending capacity. There are significant opportunities on this high-potential market and major international brands can no longer afford to ignore what is being called the new frontier in the global economy. CFAO, leader in specialized distribution in Africa and partner to major international brands, is developing a new generation of shopping centers specifically adapted to meet the needs of African consumers and is looking for new groups to join its “Brand Club”. This exclusive portfolio of attractive and complementary brands will be made available throughout the shopping center network which will be rolled out in eight countries in West and Central Africa.

Each shopping center will be organized around a food retail hub under the Carrefour brand, the second largest retailer in the world. Depending on the country, the shopping centers will house up to 50 leading brands in the fashion, cultural, high-tech and food industries, among others. The first shopping center will open its doors in 2015 in Abidjan, Côte d’Ivoire. Irrespective of whether your group has already embarked on a development strategy for Africa or has recently identified the continent as a major source of growth, the main task remains of distributing your brands and opening your stores within the scope of a high-growth project. Our teams are available to answer your questions about this exceptional project in Africa.

Visit us at MAPIC • stand R 30 – 03 • Riviera Hall

Contact: Laurent Vigneron, Director of Franchise, CFAO Retail - lvigneron@cfao.com - www.cfaogroup.com - +33 (0)6 25 32 00 28

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neWs MOOD DISTRICT PLANNED FOR STOCKHOLM BOUTIQUE shopping centre Mood Stockholm is to expand and enlarge the retail footprint around the downtown Stockholm area between Regeringsgatan and Norrlandsgatan in the next phase of retail regeneration for the city centre. Owner/ developer AMF Fastigheter is planning to create a Mood District with over 100,000 sq m of mixed-use space in the heart of Stockholm, with completion scheduled for 2016. The area will be anchored by three flagship retail sites between 1,000 sq m and 2,500 sq m, in prominent locations. Karolin Forsling, head of retail and development, AMF Fastigheter said: “We see the creation of a Mood District as the next logical step for downtown Stockholm.” 113v2_CW_N2_PIC

Lyon shows innovative mix of retail concepts in Cannes

OR THE 11th consecutive year, Lyon’s Chamber of Commerce and Industry (Lyon CCI) has brought innovative Lyon-based retailers to MAPIC. This year 11 companies are being presented. AviaSim is an entertainment flight simulator that allows customers and pilots to fly an A320. AviaSim is planning to expand nationally and in Europe. BIEH (Best I Ever Had) is a restaurant designed in vintage American Fifties style seeking to develop its business in France across downtown, mall, suburban and retail park locations. Chronostock opens up empty retail locations (100 to 300 sq m) for three to six months in town centres, selling at very low prices and changing merchandise weekly. Chronostock has so far

opened in France and Belgium. Cook&Go is a cooking studio concept where customers learn original recipes with professional chefs. With 15 retail locations, Cook&Go wishes to open between five and 10 studios annually in France, eventually opening international locations through master-franchises. Grand Frais is an umbrella concept for five food categories (greengrocer, grocer, butcher/deli, dairy and fishmonger), brought together under one roof with the atmosphere of a traditional covered market. With 131 stores, Grand Frais is expanding across France. La Petite Academie is a school of painting, sculpture and theatre for children and adults and is seeking to develop its business in major French cities and internationally. LDLC.com sells electronic and

high-tech products online. It has also established three stores and is targeting a total of 40 shops in France’s main urban areas by 2018. Lucien et la Cocotte Cie is a new world-food concept featuring 30 exclusive home-made chicken recipes. Three new locations are scheduled to open in 2014. Mondial Tissus specialises in a large range of fabrics, trimming, buttons, threads and haberdashery, ready-to-install curtains and accessories in its 73 outlets and plans to open five new shops a year across France. Jeweller Olivier Durbano has, since 2005, also operated perfumery Parfums de Pierres Poemes. The company has plans to develop this concept in the US, Middle East, Japan, and Russia, around the themes of jewels, perfume and wellbeing.

Cushman & Wakefield have the pleasure of inviting you to the conference:

As Central Europe becomes a more developed market, where are the opportunities? Thursday, 14th November, from 10.00 to 10.45 Venue: Cannes, at the Palais des Festivals, the Agora Room, level 01 aisle 08 (Lerins Hall) Moderator: Robert McLean, Editor-in-chief, CEE Construction & Investment Journal Speakers: Ronald Dasbach, Managing Director, Multi Development Central & Eastern Europe Jonathan Hallett, Managing Partner Central & Eastern Europe, Cushman & Wakefield Frederik Kramer, General Manager Real Estate and Expansion, Peek & Cloppenburg Martin Sabelko, Managing Director CEE, CBRE Global Investors

For full details on our activity at MAPIC please go to http://conferences.cushwake.com

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Not to be missed! New segments at MAPIC Travel reTail

MAPIC, where retailing and transport hubs merge Discover travel retail opportunities during dedicated pitching sessions hosted by A2C (SNCF), Transport for London,... and gain insight from transport hub retailers, owners, operators and developers. Wednesday 13 and Thursday 14 November from 14.30 to 16.00, Lerins Room

reTailTainmenT

Meet retailtainment key players Culture, leisure and entertainment play a crucial role in modern day shopping centres’ strategies. Meet retailtainment players in our dedicated area at Riviera level and on level -1. • Attraktion! • Brunswick Bowling & Billiards • Dedem Automatica • Graphik-Huntertainment • KCC Entertainment • MADEAconcept • QubicaAMF • Re-play • RP Solutions • Walltopia

maPiC innovaTion Forum

Discover the most innovative technologies and solutions at the MAPIC Innovation Forum Attend insightful conferences, meet speakers and discover the most innovative technologies and solutions that are shaping the future of shops and shopping centres. Sponsored by

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mapic awards

mapic

MAPIC AWARDS 2013

MAPIC Awards winners revealed

The MAPIC Awards Jury at work

A jury has once again decided on the retail industry projects that will be awarded in Cannes this year. Their decisions will be revealed tomorrow

HIS year’s MAPIC Awards finalists will find out who has been crowned tomorrow, Thursday, at a gala presentation in the Martinez hotel. The MAPIC Awards were initiated back in 1996 and have always represented a competition that rewards excellence, innovation and creativity in retail real estate. Judges met in Paris in October to consider the shortlist from which they selected the winners in eight categories, along with a Special Jury Award. Awards will also be given to companies from this year’s four Rising Star nations. Following the ceremony the venue will open up to all MAPIC participants for the traditional MAPIC postAwards party, where delegates can congratulate the Award winners, relax, mingle and network with key real estate professionals and retailers in a vibrant social atmosphere featuring cocktails, music and a variety of entertainment.

Awards categories 2013 • Best fashion & footwear retail concept • Best food & beverage retail concept • Best retail global expansion • Best omnichannel strategy • Best factory outlet centre • Best retail & leisure development • Best retail real estate development in city centre • Most innovative shopping centre • Special Jury Award

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MAPIC AWARDS The Jury President: FREDERIC LALOUM

General manager leasing & member of the management board Altarea France

ALAIN BOUTIGNY

Maxim KARBASNIKOFF

Enis ONCUOGLU

JOHN STRACHAN

Editor-in-chief Sites Commerciaux France

Partner, retail Cushman & Wakefield Russia

Managing director – architect Oncuoglu+ACP Turkey

Global head of retail Cushman & Wakefield United Kingdom

DELPHINE DAUGE

Maciej KIEŁBICKI

JACQUES SINKE

KLAUS STRIEBICH

Agency director Brandimage France

Board member and managing director Mayland Real Estate Poland

Director of international retail MAB Development Group The Netherlands

Managing director Leasing ECE Projektmanagement Germany

MAPIC Awards 2013 finalists

Best fashion & footwear retail concept

Charming Charlie United States

JD Sports Fashion

VANS

United Kingdom

United States

Best food & beverage retail concept

BBQ

South Korea, submitted by JHP

Causses

La Place

France

The Netherlands

The Whisky Shop

United Kingdom

BEST OMNICHANNEL STRATEGY

JD Sports Fashion

United Kingdom

Media Markt + Saturn

Germany

The Body Shop

United Kingdom

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BEST RETAIL GLOBAL EXPANSION

BESTSELLER (Jack & Jones, Vero Moda, Only) Denmark

Primark

United Kingdom

Starbucks

United States

Yves Rocher

France

BEST FACTORY OUTLET CENTRE

Fashion House Moscow, Russia, submitted by FASHION HOUSE Group

Roppenheim The Style Outlets

Roppenheim, France,

submitted by NEINVER France and MAB Development

Sicilia Outlet Village Sicily, Italy, submitted by Arcus Real Estate srl

BEST RETAIL & LEISURE DEVELOPMENT

Ocean Plaza

Plaza Singapura

submitted by UDP and K.A.N. Development

submitted by CapitaMalls Asia Limited

Kiev, Ukraine,

Singapore,

Puerto Venecia

Vegas Crocus City

submitted by Puerto Venecia

submitted by Crocus Group

Zaragoza, Spain,

Moscow region, Russia,

BEST RETAIL REAL ESTATE DEVELOPMENT IN CITY CENTRE

KoBra

Ghent, Belgium, submitted by the city of Ghent

St. Lazare Paris Paris, France, submitted by Klepierre

Trinity Leeds

Leeds, United Kingdom, submitted by Land Securities

MOST INNOVATIVE SHOPPING CENTRE

AEroville

Emporia

Roissy Charles-de-Gaulle, France, submitted by Unibail-Rodamco Malmo, Sweden , submitted by Steen & Strรถm Sverige AB

MOOD Stockholm

Stockholm, Sweden, submitted by AMF Fastigheter

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FROM PHYSICAL TO DIGITAL FTI Consulting is the official communications partner to MAPIC FTI Consulting, providing specialist consultancy for the retail and retail property sectors. Delivering financial and corporate communications expertise across the whole breadth of retail through highly motivated professionals with an international footprint. www.fticonsulting.com

CRITICAL THINKING AT THE CRITICAL TIMEâ&#x201E;˘

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RISING STARS

Multiplan unveils one of Brazil’s most contemporary malls

P IKEA’s Armin Michaely

michaely MISSIONED TO upgrade MEGA PORTFOLIO IKEA’s growing shopping centre business in Russia has a new chief. Armin Michaely, formerly expansion and facility manager at IKEA Germany, replaces Per Wendschlag as general director of IKEA Shopping Centres Russia. Michaely has spent 22 years with the company in Germany and since 2008 he has been responsible for IKEA’s retail expansion in the country. In his new role his brief is to oversee an upgrade programme in the Mega portfolio of shopping centres. This will both strengthen their market position and create a platform for the company’s future development. The 2.2 million-sq m Russian portfolio includes 14 super-regional shopping centres in 11 “millionniki” cities — provincial centres with a population of more than one million. Last year the malls were visited by 261 million shoppers and sales grew by 10%. “Russia is a very important market for IKEA Group, and our team is committed to our strategy of sustainable growth,” Michaely said.

ARQUE Shopping Maceio, the 18th shopping mall in Multiplan’s portfolio, opened on November 7. The largest shopping complex in Alagoas and one of the most modern in Brazil, the project is a result of a partnership between Multiplan and Aliansce, two of the largest shopping centre developers in the country. With a mix of 200 stores and a GLA of 37,500 sq m, Parque Shopping Maceio brings to Alagoas new brands including Tok & Stok, Outback Steakhouse, Jurandir Pires, Le Biscuit and Livraria Leitura, the first megastore in the state. Anchors Lojas Americanas, C&A, Renner, Riachuello and Leader reinforce the mix beyond well known brands like Farm, Animale, Le Lis Blanc, Rosa Cha, John John, Maria Filo, Vuarnet, Calvin Klein Jeans and Richards. Among local brands are Guido

Parque Shopping Maceio: contemporary retail in Alagoas

Shops, supermarket Unicompra Premium, beauty salon Fios de Cabelo and Armazem Guimaraes. Entertainment highlights are the amusement park Magic Games and movie complex Cinesystem, now present in seven Brazilian states. Alagoas’ nine-screen Cinesystem is 100% digital and includes 3D projection.

The food area includes sea views and has 1,000 seats and 22 dining options. Among them are the restaurants Montana Grill, Ottimo, Giraffas, Vivenda do Camarao, Bonaparte, Risotto Mix, Griletto and Tokai, pizzerias Superpizza and Boss Pizza, and quick-service groups McDonald’s, Bob’s and Subway.

FDI rules a challenge to growth in India ATTRACTING investment and its 15 other stores. retailers to India remains a ma- Fashion retailers have fared a litjor challenge as foreign direct tle better. Benetton and Dubai’s investment (FDI) rules continue Landmark Group have expanded to confuse and hamper growth in rapidly, having won a special disthe country. pensation to trade before FDI rules In October, Germany’s Metro were relaxed. Inditex recently won Cash & Carry India announced the right to bring Massimo Dutti to that it is to tailor its outlets to India, after losing in a bid to launch “multi-specialisation”, meaning a it last year. However, Uniqlo and focus on fewer sectors and smaller stores of about 5,000 sq m each, with a range of 8,000-10,000 products, down from its earlier model sized at more than twice the area (12,000 sq m) and almost 15,000 products. The third store to be opened in Bangalore is the first of this new model and Metro hopes to extend the concept to Benetton is already expanding in India

H&M have both deferred market entry until 2015, citing volatile exchange rates and a weakening rupee. Anuj Puri, chairman and country head, Jones Lang LaSalle India said that the country remains an under-penetrated market, with huge potential for growth. But FDI is not the only problem, he added. Many other challenges remain and have not been addressed — including lack of suitable real estate, inefficient logistics, infrastructure bottlenecks and lack of qualified personnel. Puri believes that in the next five years, the scarcity of good quality real estate is going to become a major hurdle. Development supply is forecast to reduce severely in 2014–2015, which may result in rents increasing in some pockets of the country.

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RISING STARS Fast fashion targets China Stand-out fast-fashion labels are looking to expand across Asia and China is key to their strategy. Mark Faithfull reports

AST-fashion retailers Asos had already flagged up its are continuing to ex- desire to break into China’s epand internationally commerce sector, earmarking up and at the forefront to £18m (€21.3m) to be spent on of this expansion is the venture over the next three online-only e-commerce player years, using the cash to set up a Asos, which is planning to add dedicated distribution hub in the China to its conquests. The UK- country. The company already based online-only retailer chose distributes across the globe and its most recent results announce- Asos chief executive Nick Robment to confirm that its proposed ertson said the group’s Chinese Chinese operations were in the foray would be loss-making for final testing phase and would be the first two years but would help launched “imminently”. it towards its £1bn sales target. The dedicated Chinese-language site will initially offer about 2,000 A number of international fashown-brand styles, designed for ion retailers have already taken the local market, with dedicated the step in to China, with Eudelivery and payment methods, rope’s second-largest fashion local-language customer care and retailer H&M expecting to have a105v2_PRELIOS_N1_PIC-p1 domestic distribution partner. opened 275 more stores across

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Asia by the end of this year, with a large proportion of those in China. It expects its total number of stores on the Chinese mainland to triple over the next three years. Other major players already established in China include Zara, with over 100 units, Mango and Lacoste. Japan’s Uniqlo is targeting aggressive expansion in China. It already has over 250 stores in the country but wants to expand to 1,000 outlets by 2020 and will bring in sister brands such as Comptoir des Cotonniers and Princesse Tam Tam. Meanwhile, US fashion retailer Gap is focusing on Japan, China and Hong Kong to propel its growth across the Gap, Old Navy and Banana Republic fascias. Gap opened in China in late 2010 with four stores in Beijing and Shanghai. It now has over 60 locations across 17 cities, including Hong Kong. It will open its first Old Navy store in Shanghai in the first half of 2014 and will launch an ecommerce site at the same time. 130_IndianPavilion_N1_PIC The latest retailer to moot Chi-

nese market entry is UK-based Topshop, which said last month that it may use its refreshed partnership with supermodel Kate Moss as a springboard to launch on the mainland next year. The retailer is in “advanced discussions” with department stores in the country to launch up to 40 pop-up stores within their premises, Arcadia boss Sir Philip Green said. He described progress as reaching two or three advanced discussions. Topshop first opened in Hong Kong in June as part of its global strategy to establish flagship stores in key cities around the world, supported by an e-commerce offer. Green said at the time that he saw the Hong Kong launch as a “stepping stone” to mainland China and the company is eyeing opportunities initially in Beijing and Shanghai. Green is also in negotiations to open sister brand Topman in Hong Kong. US retail guru and head of J Crew Micky Drexler, who is

a friend of Green’s and best known for his years as the driving force behind Gap, also used Hong Kong as the first location for an international store last year after circling London, where he is now in the process of opening three stores. J Crew withdrew from Japan four years ago, which coincided with domestic problems that Drexler was brought in to fix.

However, last summer the US retailer went back into Asia by debuting its clothes at upscale department store Lane Crawford and it is understood to be scouting stand-alone retail space in Hong Kong malls, plus at least one prominent high street location, with plans to open next year. It is also looking at opening stores in mainland China, Drexler said.

Zara already has over 100 units in China

India networking breakfast Thursday 14th November from 09:15 am on

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RISING STARS Focus on Russian projects

For the second year at MAPIC consultancy Magazin Magazinov is presenting the largest Russian stand, Russian Square, Riviera Hall. MAPIC News highlights the companies NEBO shopping and entertainment centre, Nizhny Novgorod

Folium Park shopping and entertainment centre in Lipetsk

Developer: Electronics Group of Companies, Marins Group Union GBA: 131,000 sq m GLA: 69,000 sq m Opening: 2014

NEBO shopping and entertainment centre in Nizhny Novgorod neighbours the city centre and large residential districts. The retail area includes a supermarket, large home electronics, sportswear and kid’s goods stores, and a fashion gallery with more than 200 stores. The leisure area includes a multiplex cinema, kid’s leisure centre food services and a fitness centre.

Developer: TTC Folium GBA: 90,000 sq m GLA: 64,000 sq m Opening: 2015

FOLIUM Park shopping and entertainment centre in Lipetsk is on the intersection of key city roads. The retail area will include a hypermarket, home electronics and sportswear goods stores as well as a fashion gallery. There will be more than 200 stores from international and national brands and a good choice of cafes and restaurants. The centre’s entertainment area will act as an anchor, with a multiplex, entertainment centre, aqua park, fitness facilities and spa.

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MAPIC Party

SAVE THE DATE

Thursday 14 November â&#x20AC;&#x201C; 22.30 Martinez Hotel, Cannes Fashion Show Proudly Sponsored by

Celebrate and Mingle! Following the Awards Gala Dinner, the MAPIC Party is the perfect way to continue celebrating and networking long into the night. Meet the industry key players in an unconventional atmosphere.

MAPIC Awards Gala Dinner 2013 Thursday 14 November, 2013 at 19.30 Martinez Hotel, Salon Galuchat, Cannes

SAVE THE DATE

Make your reservation now! Invite your clients, colleagues and friends to a night of celebration. 3-course dinner, including champagne & wine, accompanied by music & entertainment. Renowned chef of a Michelin Guide-listed restaurant. 10-seat branded table: e 2,200 â&#x20AC;˘ Single seat: e 250 To book a seat or a table, please send an email to mapic.awards@reedmidem.com The dinner will be followed by the traditional MAPIC Party at the same venue.

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RISING STARS

mapic

Prosto shopping and entertainment centre in Vladivostok

Almaz shopping and entertainment centre in Chelyabinsk

PROSTO is the first contemporary shopping and entertainment centre in Vladivostok. It is an integral part of the modern mixeduse centre, with a Class A business area. The centre’s location is prominent and is easily accessible. Anchor tenants include a supermarket, big-format shops with household appliances and electronics, sportswear and kid’s goods. The centre will become the city’s largest shopping gallery with the best selection of international and Russian brands. 122_P&C_N1_PIC

THE LARGEST shopping and entertainment centre in Chelyabinsk, Almaz will be situated 5 km from the city centre. Anchor tenants already signed include Okey hypermarket, M.Video, Sportmaster and Detskii Mir, plus DIY retailer Leroy Merlin. Almaz’s fashion gallery will provide more than 200 stores including popular international and national brands. The wide-ranging entertainment area will include an ice skating rink, children’s entertainment centre, a multiplex, food court, cafes and restaurants.

Developer: Rodnik GBA – 220,000 sq m GLA – 90,000 sq m Opening: 2015

Developer: Vladivostok Development GBA: 127,500 sq m GLA: 50,000 sq m Opening: 2015

Patrimoine & Commerce

La foncière spécialiste des Retail Parks Low Cost  305 000 m² de commerces

75 % de Retail parks 25 % de galeries commerciales de centre-ville

7 rue Nationale - 92660 Boulogne-Billancourt Cedex - Tél : +33 (0)1 46 99 47 79 - Fax : +33 (0)1 46 99 47 80 contact@patrimoine-commerce.com - www.patrimoine-commerce.com Patrimoine & Commerce - Société en Commandite par Actions au capital de 165.852.695,25 € - 395 062 540 RCS Nanterre

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Комплексные решения для торговых центров Эффективные решения

АНАЛИТИКИ И ПОДСЧЕТА ПОСЕТИТЕЛЕЙ Используя Rstat, вы можете: Реально оценить эффективность работы торгового центра Провести правильное зонирование торгового центра

Обосновать арендные ставки Выявить слабых арендаторов Увеличить эффективность рекламных кампаний Rstat — более 150 наглядных отчетов!

НАДЕЖНАЯ ЗАЩИТА ТОВАРОВ ОТ КРАЖ Единый генеральный подрядчик — стабильная работа оборудования

Индивидуальный подход Самый широкий выбор расходных материалов

АНТИвор – компания, специализирующаяся на продаже, установке и техническом обслуживании противокражных систем, систем подсчета посетителей и RFID-технологиях. АНТИвор сегодня — это 43 офиса в России и Украине, 810 высококвалифицированных сотрудников, 250 инженеров и 53 000 клиентов из 920 городов.

RISING STARS Sayany Park shopping and entertainment centre in Bryansk Developer: Sayany Park GBA – 107,000 sq m GLA – 80,000 sq m Opening: 2015

SAYANY Park will be the first modern shopping and entertainment centre in Bryansk, with a unique architectural and commercial concept. The retail area includes a hypermarket, DIY, sportswear and goods, home electronics and fashion retailers, with new international brands. The entertainment area will include children’s entertainment centres, a multiplex, food court, cafes, restaurants and an open air river walk and park. 119v2_Master Guide to Cannes_N_PIC

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Grand Voyage shopping and entertainment centre in Naberezhnye Chelny Developer: Vestrusdevelopment GBA – 106,000 sq m GLA – 47,000 sq m Opening: 2016

GRAND Voyage is a modern shopping centre in Naberezhnye Chelny. The centre has good accessibility and the tenant mix will include a hypermarket, shops with household appliances and electronics, sportswear and kid’s goods, and an entertainment area, plus a shopping gallery with a wide range of popular brands, including city newcomers. Russian Centres From West To East To check out all of these schemes and to learn more about new retail developments in Russia, a special session will be taking place today. Date: November 13, 2013 Time: 11.30-12.30 Venue: Russian Square by Magazin Magazinov

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PROGRAMME OF WEDNESDAY 13 NOVEMBER 8.00 9.15

10.00 10.45

WEDNESDAY 13 NOVEMBER

Welcome Meeting

12.00 12.30

Pre-registration required CHAMPS-ELYSÉES ROOM, LEVEL -1, AISLE 11

12.00 12.45

Organiser: T-Cuento

Simultaneous translation in English-French OXFORD ROOM, LEVEL -1, AISLE 11

10.00 10.45

MORNING

STAND 11.15

10.00 10.45

Le nouveau schéma de Développement Commercial en Région Wallonne (Belgique)

OXFORD ROOM, LEVEL -1, AISLE 11

12.00 13.00 12.30 13.00

Organiser: AMCV-CEMA

12.30 13.30

DPnav.com: how to carry on your entire portfolio to deliver breakthrough presentations and streamline your real estate operation

14.00 14.45

MORNING

MAPIC INNOVATION FORUM, LERINS HALL

The presentation of a trade and business cluster Aero Park City

14.30 15.00

Organiser: Aero Park AGORA, LEVEL -1, AISLE 08

11.00 11.45

14.30 15.15

Secondary shopping centres - identifying the winners Co-organiser: CBRE

14.30 15.15

11.00 12.00

Pre-registration required LERINS ROOM, LERINS HALL

11.15 12.00

Creativity for new challenges into your shopping centres

AFTERNOON

OXFORD ROOM, LEVEL -1, AISLE 11

Power Meetings Investors/Developers

15.00 15.45

Organiser: Fidzup MAPIC INNOVATION FORUM, LERINS HALL

Retailers’ Happy Hour 11.30 12.30

BUSINESS LOUNGE, LEVEL -1, AISLE 04

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15.00 16.00

15.30 16.15

How do people shop today? Organiser: Invalio MAPIC INNOVATION FORUM, LERINS HALL

Asian Retail Lunch Organiser: Cushman & Wakefield STAND 13.02

Russian Connection 2013 Organiser: Russian Council of Shopping Centers AGORA, LEVEL -1, AISLE 08

Entertainment and Shopping/Retail a win-win combination Organiser: KCC Entertainment Design

The estate of luxury retail worldwide Co-organiser: Cushman & Wakefield OXFORD ROOM, LEVEL -1, AISLE 11

Middle East Miracle Co-organiser: RLI CHAMPS-ELYSÉES ROOM, LEVEL -1, AISLE 11

How to evaluate concept of a future shopping centre and to predict its turnover? Unique geomarketing technology. Presentation of new retail projects.

MAPIC Digital Summit Outcomes: A Discovery Session / Meet the Keynotes MAPIC INNOVATION FORUM, LERINS HALL

Master franchisors: the gateway to Russia for international retailers Content partner:Impress Media Simultaneous translation in Russian - English CHAMPS-ELYSÉES ROOM, LEVEL -1, AISLE 11