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Friday 15 November 2013
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www.mapic.com
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MAPIC AWARDS 2013
At a glittering ceremony last night the winners of this year’s awards were revealed See page 7
philippe starck
Renowned creator Philippe Starck unveiled an innovative new cladding system yesterday at MAPIC See page 4
retail expansion
Paris jeweller Waskoll outlined its global growth plans See page 16
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programme of conferences & events MAPIC FINAL PRESS CONFERENCE 10.30-11.30 I Agora, Level -1, Aisle 08 This conference brings together the director of the show, Nathalie Depetro, as well as a few clients from several branches of the industry to give the audience a broader view of MAPIC and also on the situation of the retail real estate business. It is open to all participants.
Moderator • Mark Faithfull, Editor, MAPIC News Speakers • Peter Gold, Managing Director, Retail, Cross Border - EMEA, CBRE (UK) • Arpad Török, CEO, TriGranit Development Corporation (Hungary) • John Scott, Head of Business Development, Debenhams, (UK) • David Braina Bou, Business Development Director, Grupo Rosa Clara (Spain) Programme as of 8th November 2013, may be subject to change.
coNTENTS news
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4 DreamWorks Russia • MAPIC Awards • Africa • Retailtainment • Cannes in pictures • Pop-up retail
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What’s happening at MAPIC? Watch the MAPIC News Show Video for your daily wrap!
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http://bit.ly/MAPIC-News-2
RISING STARS
For all the award winners see page 7
20 Rising Star companies recognised at MAPIC Awards THE CHINA Lunch was held at the Carlton Hotel yesterday, hosted by Inter IKEA Centre Group (IICG). IKEA is undergoing major expansion in China, where customers have shown a huge appetite for the brand and developers are keen to have the retailer anchor new schemes. John Tegner, IICG’s managing director, outlined plans to develop shopping centres in Beijing, Shanghai and Guangzhou, with IKEA stores acting as anchors. IICG CEO Soren Hansen said: “There are a lot of Chinese people who are waiting for IKEA to open. It’s been a big success, we do a lot of deals at MAPIC.”
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The official MAPIC daily newspaper Friday 15 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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neWs THE MALL IS THE RIGHT PLACE FOR CULTURE AND ART LAURE Confavreux Colliex, executive vice-president of Lordculture, gave a MAPIC talk on how culture and art can be part of the in-mall experience. She cited Hermes, a new museum space at Charles de Gaulle airport and London Underground, among examples of what is possible when culture meets commerce. “I am convinced that they [culture and malls] have a story to tell in common for their interests and to guarantee their sustainability and futures,” she said. She posited a future in which “real estate and retailers may become key stakeholders in the financing of culture”.
russian GROWTH WON’T HAPPEN AUTOMATICALLY RUSSIAN developers and shopping-centre owners must ensure they don’t get complacent in the coming years if growth is to continue, said Maxim Karbasnikoff, partner of retail services at Cushman & Wakefield. Instead success will rely on staying clear on strategy, he added. “They will have to be focused on details and focused on customers,” he said. While the current two-year pipeline, which consists of around 1.5 million sq m of space and represents around 10% of the overall pipeline, will be absorbed by current demand, Karbasnikoff said rents could be hit. “That wave [of development] will be swallowed by the market but we shouldn’t expect growth in rents because sales aren’t growing so much,” he said. He added that the next wave of development from 2016 to 2018 is likely to see a negative shift in the market.
DreamWorks’ retailtainment malls are not far, far away
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R E A M WOR K S’ Shrek and Puss in Boots yesterday joined Regions Management vice-president Alik Mutsoev for the official launch of the company’s new retail and entertainment concept. The Russian company is investing $1.2bn in three new concepts, which combine a 150,000-sq m shopping centre and a 70,000-sq m indoor theme park with around 40 attractions from DreamWorks. The first will open in St Petersburg in late 2015, the second in Yekaterinburg in 2016 and the final one in Moscow by 2018. The centres will be the largest year-round indoor theme parks in Europe and follow the signing of an exclusive licencing agreement between Region GC and DreamWorks Animation for Russia earlier this year. The shopping centre will be anchored by a supermarket, department store and major international brands and will include a 400-room hotel, food court, skating rink, 20-screen cinema and an 11,000 space car park. “For any family there will be a double reason to visit our mall,” Mutsoev said.
Puss in Boots and Shrek join Regions’ Alik Mutsoev to launch the company’s new shopping and DreamWorks concept
The new concept combines retail and the largest year-round indoor theme park in Europe
Simplicity and creativity by Starck
Philippe Starck shows the tool required to use Bacacier by Starck
BACACIER has unveiled a new steel-cladding range in collaboration with renowned designer Philippe Starck, which the company says represents a major evolution for architecture and construction. The range, Bacacier by Starck, was launched at a keynote session of MAPIC on Thursday, at which Starck presented his vision for the design to the conference. “We have added intelligence and creativity to the process,” Starck said. “This is a small step for metal cladding, but it’s a huge step for architecture.
“Even on a factory architecture is very important. I see lots of ugly buildings and I think ‘What a shame’. We wanted to improve the environment and make attractive buildings.” The range is based around simplicity and adaptability, allowing architects to design unique buildings simply and economically. Bacacier says the cladding, which will be sold at a maximum of €90 per sq m, will enable small companies and startups access to design and construction and simplify their operations.
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14/11/2013 18:36
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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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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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AWARDS
The winners for 2013 are... Winners of this year’s MAPIC Awards took to the stage last night in front of a packed audience at the Martinez hotel. Awards were given in eight categories, along with four Shining Star Awards and a Special Jury Award
BRAZILIAN RETAIL SHINING STAR
CHINESE RETAIL SHINING STAR
Sonae Sierra
Wanda Group
INDIAN RETAIL SHINING STAR
RUSSIAN RETAIL SHINING STAR
DLF Mall
Crocus Group
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AWARDS Best fashion & footwear retail concept Category sponsored by
SPECIAL JURY AWARD
JD Sports Fashion Plc
United Kingdom St. Lazare Paris
Paris, France
Submitted by Klepierre
BEST OMNICHANNEL STRATEGY Category sponsored by
Best food & beverage retail concept
The Body Shop
United Kingdom
La Place
The Netherlands
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BEST RETAIL GLOBAL EXPANSION Category sponsored by
Primark
United Kingdom
BEST FACTORY OUTLET CENTRE
BEST RETAIL & LEISURE DEVELOPMENT
Roppenheim The Style Outlets
Puerto Venecia
Roppenheim, France
Submitted by NEINVER France and MAB Development
BEST RETAIL REAL ESTATE DEVELOPMENT IN CITY CENTRE
Zaragoza, Spain
Submitted by Puerto Venecia
MOST INNOVATIVE SHOPPING CENTRE
Category sponsored by
Trinity Leeds
Emporia
Submitted by Land Securities
Submitted by Steen & Strom Sverige AB
Leeds, United Kingdom
Malmo, Sweden
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Tweeting about MAPIC
Photo of the day
Appear Here (@appearhere) “Great to see another innovative company” just what we like to hear. 100s of landlords embracing change at this years #MAPIC ! #FutureIsHere REDEFINING RETAIL JONES Lang LaSalle (JLL) hosted a panel yesterday to launch its latest research Redefining Retail Places. Joining JLL’s Robert Bonwell and James Brown, were retailers Francis McAuley of Debenhams, and Peter Williams of ASOS. The research discusses a range of key solutions to some of the modern challenges facing retailers and shopping-centre managers and investors.
GOIng shopping UNDERGROUND LONDON’s underground system attracts 3.7 million passenger journeys a day. But retail opportunities are limited, Stuart Anderson, head of retail at Transport for London said. Only 57% of travellers ever use the station shops. But another 24% say they would if stations had a better mix of multiples and independents. Anderson’s mission is to create new retail spaces in stations. Space is at a premium and so he is looking to digital solutions to allow retailers to display a full range from small stores.
COME TO BRAZIL RETAIL projects across Brazil were presented yesterday in a rapid-fire pitching session. Waldir Chao, Sonae Sierra Brasil’s leasing and property management officer, said it was perfect for businesses such as his — exhibiting at MAPIC for the first time. “Brazil is expanding and we need to attract more European retailers,” he said.
Best practice ensures Africa’s newest malls are a good bet
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FRICA’s latest generation of retail malls are importing best practice from around the globe and adapting it to local conditions, according to AECOM director Ben Agyekum. Agyekum pointed to the Actisfunded Exchange in Accra, Ghana as an example, designed by HOK with an emphasis on sustainability. “With office, residential and retail space and a four-star hotel, this is a truly mixed-use development,” he said. Actis is also funding the Jabi Lake Mall in Abuja, Nigeria, which will be LEED-certified. Dale Ramsden and Michael O’Malley of Johannesburg-based RMB Westport stressed that there are significant opportunities for retailers in Africa, with its first development fund focused on Ghana, Nigeria and Angola.
The Exchange mall in Accra, Ghana
A second, $500m (€371m) fund has been placed and they expect it to complete by the end of 2014, providing an investment chest of $1bn. “The first fund was primarily backed by US and Middle East-
ern investors but there is a stronger European element for the second fund,” Ramsden said. “We have six schemes coming out of the ground. Africa is a huge opportunity for international brands.”
UDC’s Pearl Qatar sees growing demand THE PACE of development and leasing is accelerating at UDC’s Pearl Qatar, with three distinct retail zones totaling 175,000 sq m taking shape. General manager retail leasing for the project, Ehab Kamel, said: “We’re doing double the number of deals we were doing last year. The Pearl is appealing to a wider audience.” The 85,000-sq m Porto Arabia is 70% leased, with the luxury retail already in place. “Now we’re looking for affordable well-
known brands,” Kamel said. The 60,000-sq m Medina Central will be next to launch in the first quarter of 2014, and it is already 60% pre-leased with the multiplex cinema fitting out. The final retail phase will be the 30,000-sq m Qanat Quartier. “We’re already receiving expressions of interest, and leasing will begin shortly,” Kamel said. UDC’s Ehab Kamel
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Despite economic upturns Istanbul hosts Emaar Square EMAAR Square in Istanbul is addition the mall would feature a pop-ups are here to stay poised to become the biggest family entertainment centre.
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LTHOUGH they are inherently temporary by nature, are pop-up retail stores here to stay? This was the question posed by Peter Clucas, editor of MAPIC’s Innovation Forum Newsletter, speaking at the MAPIC Innovation Forum yesterday. “Perhaps the balance has been tipped in favour of retailers [rather than landlords],” he said. “But as economies recover will the balance swing back towards the landlords and will pop-ups disappear?” The answer appeared to be a firm no as Clucas showed the depth and variety of pop-ups that have been appearing. Noting the use of containers as vehicles for pop-ups, he pointed to the Wahaca restaurant pop-up on the south bank of the Thames 104_MONDO_N1_PIC
and London’s Boxpark, which he said in spite of being a “temporary mall, shows no sign of going away anytime soon”. In high streets and malls, Clucas said the quality is quite variable. “The term has become attached to many things that aren’t really pop-ups. They are stores that have been fitted out.”
MAPIC Innovation Forum Newsletter’s Peter Clucas
shopping centre on the Asian side of the city when it opens in the third quarter of 2015. With a GLA of 150,000 sq m, the development will feature an open-air luxuryshopping district with three floors of mid-market retail below. Basak Karaevli, leasing executive at Emaar, said 25% of the centre’s 400 units would be given over to food & beverage operators and in
Strategically located between the first Bospherus Bridge and Istanbul’s new international financial centre, Emaar Square will be able to draw on a wide catchment area in the fastest-growing part of the city. In addition to the retail element, the multi-use complex will include a cluster of towers dedicated to residential, hotel and office uses.
DEPUTY-head of the Kiev city state administration Ruslan Kramarenko is pictured (right), with Roman Kachur, deputy director of the economy & investment department. Kiev was represented for the first time at MAPIC, in response to a rising wave of retail development in and around the Ukrainian capital and the country as a whole. Kramarenko said: “Shoppingcentre development has increased tremendously in Ukraine over the last few years. Our developers are looking to connect with international retailers and we are here to support that.”
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HOPPING-centre de- year’s Retailtainment Zone at velopers are showing MAPIC — has seen a particularincreasing interest in en- ly busy period of activity as mall tertainment as a funda- owners look to the designer to add mental part of new builds, a range of entertainment features. according to Reinhart Viane, mall The company has completed debusiness development manager at signs for schemes in Vietnam, InKCC Entertainment Design. donesia and the Philippines, and He said that leisure and enter- is currently working on two major tainment facilities including cin- projects in Qingdao, China. emas, fairground rides and theme parks were becoming standard elements of shopping centre designs as developers increasingly seek to create experiences to attract families to their schemes. He said: “Entertainment is getting bigger and more people are thinking about it. You have to differentiate yourself in some way; it’s about more than just selling goods.” He added that in South East Asia The Retailtainment Zone at MAPIC KCC — which was part of this 105v2_PRELIOS_N1_PIC-p1
FONDO SHOPS
KCC is one of a raft of specialist retailtainment brands out in force at MAPIC this year. Among the international companies offering entertainment designs and products is Austrian developer Attraktion!, which is showcasing two of its robots in Cannes. The company has teamed up with German mobile robots designer
Metralabs to form the We Robots brand aimed at retail entertainment. Attraktion! business development manager Alessandra Constantinescu said that the entertainment sector has evolved in the past five years in response to changing demand and a more competitive market. She said: “More and more projects are building large entertainment areas. It’s not just amusement parks. The future for retail and entertainment will be something involving virtual reality and gadgets. It’s no longer OK just to build a mall, you have to do something different.” We Robots technology has also been exported to Asia, in particular in China where its robots have been used in the Macalline shopping mall in Shanghai to entertain customers by “dancing” in key areas. They can also guide customers to specific shops in the mall. Also among the brands occupying the Retailtainment Zone at MAPIC was gaming technology provider Replay, which was at MAPIC for the first time.
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in pictures
mapic
Yesterday in Cannes...
That’s entertainment: DreamWorks comes to MAPIC
Team Colliers International started the day with a brisk run along the Croisette
Robot power took centre stage in The Palais
Creator Philippe Starck walks the walk for Bacacier
Every picture tells a story for Belgian lifestyle centre Uplace
Red carpet treatment for MAPIC’s mystery visitor
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Hunkemoller targets market lead in Northern Europe
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ETHER LANDSbased lingerie retailer Hunkemoller is scouting for more locations to expand its retail concept, a mix of flagships, boutiques and compact stores. The retailer is particularly targeting Germany, Austria and Scandinavia as it looks to step up its current rate of 60 new stores a year. Priscilla van Ooijen, manager, international expansion and real estate, said: “Our aim is to be the number-one lingerie brand in Northern Europe and we will have around 600 stores globally by the end of 2013. Around half our current growth is in the German market and this remains a very important growth region for us.” Owned by private equity house BAI, Hunkemoller is also adapting its formats for this latest phase of expansion. Typical-
ly its stores operate from 120140 sq m of retail trading space but it is opening 450-sq m flagship stores to showcase its full range in major cities — with the next due to open in Antwerp — and it recently opened its first compact boutique format in Amsterdam. “We have also launched a more ‘seductive’ store concept, which highlights some of our sexiest merchandise, as part of our strategy to develop as a recognised brand,” Ooijen said. Hunkemoller is searching for prime high-street and mall locations as “high footfall is crucial because our price point is very accessible”, she said. The retailer is also keen to develop more concessions, having opened in Karstadt and V&D. Outside Europe Hunkemoller is expanding via franchise and is looking for more master-franchise partnerships.
Waskoll looks east for expansion PARIS-based jeweller Waskoll has been using MAPIC as a springboard for international expansion, according to international director Frederic Sourisse. Famous for its distinctive designs using coloured stones, Waskoll has captured an elite clientele through its luxury boutique in rue de la Paix in Paris and through pop-up stores in Cannes during the summer and
Courchevel during the winter. Now, Sourisse said, the jeweller is targeting Eastern Europe and Asia for expansion. But he made it clear that the choice of a partner is driven by more than just financial or real estate considerations. “We need local partners with a good network of contacts,” he said. “Every piece we make is unique and often tailor-made, so developing relationships with our clients is the key.”
Waskoll’s international director Frederic Sourisse
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14/11/2013 15:40
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Urban renaissance for cities across Belgium
Retail lease management software tailored to suit your requirements Do your systems measure up? Visit stand R32.29 to discover how Manhattan can help you streamline the full retail lease lifecycle.
Belgian cities presented a wide range of schemes at this year’s MAPIC
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number of new schemes are transforming the look of some of Belgium’s principal cities. In Brussels there are three major schemes, two under construction and one in the planning stage. The Docks Bruxsel, a mixed-use scheme with 49,000 sq m of retail and leisure and 7,000 sq m of office provision, is due to open in 2016, alongside the central 16,000 sq m Monnaie centre, which will open in the same year. The massive Neo scheme in the north of the city is due to come on-stream within the next 10 years, according to Julien Bacq, chief retail officer
for Atrium, the public agency overseeing much of the activity. Elsewhere, the Rive Gauche mall in Charleroi, which will open in 2016, is a regeneration scheme for the former industrial city, with a GLA of 36,000 sq m, 82 shops and a hotel; and Liege’s 50,000-sq m Crystal Park and a 22,500-sq m mall in Namur, both under construction, serve to illustrate the width of the development pipeline. Carine Dujardin, head of town centre management at Belgium’s Association du Management de Centre-Ville (AMCV), said that coming to MAPIC was considered vital by her association as a place “to forge links with new retailers and to exchange ideas”.
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Cannes is key to growth in India INDIA is calling for more food and beverage (F&B) and leisure brands to enter the market as the country continues to build a more structured retail offer. Najeeb Kunil, director of business development and operations for Pioneer Property Zone Services (PPZ), said that F&B and leisure would be important to combat the parallel growth in online shopping in the country. “Food and beverage and leisure tend to be the best categories that will bring people out of their homes,” he said.
He said the market has the potential to explode in size and that its presence at MAPIC was also important to India’s learning. “In the early part of the decade we made mistakes but learnt because we got best practice from the rest of the world. That learning has helped us to get systems and processes back on track,” he said. PPZ is a joint venture between ICS Realty and Old Mutual Property and retail third-party developer of six properties, with another eight in the pipeline.
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Cushman & Wakefield’s Jonathan Hallet
CENTRAL EUROPE CATCHing UP WITH THE WEST THE LEVEL of shopping centre development in Central Europe is fast approaching that in the west of the continent, according to Cushman & Wakefield managing partner for Central Europe Jonathan Hallet. He said there has been “a huge level of development” in the region and added that the relatively small scale of potential projects was proving popular with companies behaving more cautiously in the current market. 114_FTI_N1_PIC
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HINESE consumers are embracing fast fashion, and global brands are racing to meet their needs. According to CBRE’s new research series China Retail: A Changing Landscape, the four market leaders — Uniqlo, Zara, H&M and C&A — had opened 523 stores in the country between them by June 2013. And 40% of these had been opened in the previous 18 months. To achieve this rapid growth the brands are moving beyond the tier-one cities of Beijing and Shanghai into tiertwo and tier-three cities where not only do they find strong consumer awareness of their products, but they are also able to take advantage of abundant supply, lower rents and more attractive leasing terms. With economic reforms expected from the new administration, domestic consumption is expected to become the major driver of
China’s economic growth. CBRE believes China’s retail market has enormous potential to be tapped in the years ahead. However, the consultant warns that the retailers’ rapid growth strategy is not without risks. “There are concerns about inefficient utilisation of fast-fashion brands’ resources in China, particularly considering constraints on the skilled managerial and sales force and logistics networks during this period of rapid growth,” the report said.
T-CUENTO IS WATCHING YOU SPANISH data analyst T-Cuento has come up with a tool that can provide insights into shopper behaviour as it changes over time. Through its relationships with retailers including Mango, Prenatal, Etam, Benetton and Orchestra, T-Cuento has installed sensors in shop windows to monitor pedestrian movements around the city streets. The TC-Street tool allows retailers to measure conversion rates and to monitor the effectiveness of marketing campaigns and events. RETAILERS looking to expand into new markets were able to make contact with potential master franchisees from around the globe at the MAPIC Power Meetings sessions.
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
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14/11/2013 16:22
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05/11/13 15:38
RISING STARS
mapic
RISING STARS AWARD WINNERS
Rising Star developments recognised at MAPIC Awards Among the category winners at last night’s MAPIC Awards, four companies from this year’s Rising Star nations were rewarded by the judging panel
India: DLF Group DLF FIRST entered the retail sector in 2000 and now has over 19 retail and entertainment projects spanning across nearly 800,000 sq m of retail operations. DLF’s project teams collaborate with world class architectural firms to create unparalleled spaces. An example of this is DLF Emporio, the first and only luxury shopping centre in India, which is home to a mix of over 180 international and Indian luxury brands including Louis Vuitton, Hugo Boss, Cartier and Salvatore Ferragamo. DLF Emporio also includes exclusive fine dining restaurants, cafes and luxury marketing services. DLF Promenade, DLF Place (Saket) and DLF City Centre (Chandigarh) are premium malls in the DLF portfolio located in affluent catchment areas and are family destinations with a mix of leading international and Indian fashion, entertainment and dining brands. DLF’s Mall of India, located in an upscale area of Noida, will be an international shopping experience, including an Entertainment City, international cafes and global dining options. Planned and designed by architect Benoy, it will operate over six levels and there will be 475 retail units, plus the largest food court in the country with over 1,200 seats, designed by Varney Designs.
Brazil: Sonae Sierra Brasil SONAE Sierra Brasil is a shopping centre specialist and one of the leading developers, owners and operators of shopping centres in Brazil, with a focus on excellence and quality. The company owns 10 operating shopping centres and manages two more from third parties, totalling 502,000 sq m GLA and 2,487 stores. It is continuing its growth strategy with the expansion and revitalisation of Franca Shopping. The company is present in the states of Sao Paulo, Amazonas, Minas Gerais, Parana and Goias. Sonae Sierra Brasil’s integrated approach to the shopping centre business includes ownership, development and management activities and the company has a strategy of growth through greenfield development and acquisitions. Sonae Sierra Brasil has performed an important role in modernising the concept of shopping centres, introducing new formats in the market and innovative concepts for shopping centres in Brazil. The company is owned by the European parent Sonae Sierra and USbased DDR and in February 2011 completed an IPO on the Bovespa.
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14/11/2013 16:26
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, Grandi Stazioni... 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 Sponsored by
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. • Appear Here • Cabinet Coysevox • CyKOMM • EMA Events & Design • EuroCSgroup • EuropaCity • Fidzup • Invalio • Midem • SFR Business Team
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RISING STARS
Russia: Crocus Group CROCUS Group is one of the leading developers in Russia and a partner with the Ministry of Economic Development of the Russian Federation. The gross area of completed projects exceeds more than four million sq m. The business portfolio of Crocus Group includes the multi-functional satellite city of Moscow Crocus City. This huge scheme includes one of the biggest international exhibition centres in Crocus Expo; the 6,000-seat concert venue Crocus City Hall; Crocus City Mall; conceptual retail-entertainment centre Vegas; residential and office real estate; the suburban residential development Agalarov Estate, Sea Breeze on the Caspian, restaurants, the hypermarket chain 137_PUYG_N_PIC Tvoy Dom and the Myakinino Metro Station inside Crocus City.
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China: Wanda Group WANDA Group was founded in 1988 and operates in four major industries — commercial property, luxury hotels, culture and tourism, and department store chains. By the end of 2013, more than 85 Wanda Plazas will have been established across China, and that number is expected to reach 109 by the end of 2014, covering a total area of around 23 million sq m. By then, Wanda Plaza will be ranked first in terms of scale globally. Wanda Plaza is the premier brand within China’s commercial property sector, comprising large commercial centres, five-star hotels, office buildings and apartments, integrating the functions of shopping, dining, cultural experiences and entertainment into a single mixed-use entity. In many locations the Wanda Plazas effectively become the city centre for their host town.
MAKE THE MOST OF MAPIC Pick up your MAPIC 2013 GUIDE now !
The “who’s-who” of the global industry. A year-round networking tool to connect you with over 8.400 professionals. Pick up your copy at the registration area (Level 0).
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MIPIM MEANS PROPERTY INVESTMENT MIPIM, the world’s leading real estate investment trade show, brings together the most influential players from all property sectors. For 25 years, MIPIM has been offering unrivalled access to the greatest number of development projects and sources of capital worldwide.
MIPIM is a fantastic platform and a great way to kick-off the year Dietrich Heidtmann, Global Head Investor Relations & Capital Markets, AXA Real Estate
20,000 delegates 7,500 companies 19,000 m² exhibition surface 80 countries 4,300 investors 3,000 CEOs & chairmen
MIPIM is a registered trademark of Reed MIDEM- All rights reserved
Bustling international exhibition floor Expert-led programme of conferences Exclusive networking platform To benefit from a special rate, please contact Laurianne Dicecca, laurianne.dicecca@reedmidem.com or visit our website www.mipim.com
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Proudly Presents
680 MADISON AVENUE - NYC
Thor Equities is a leader in Urban real estate development, leasing and management with a current portfolio of assets representing some of the best luxury retail corriders in global gateway cities across the United States, Europe and Latin America. Thor Equities is currently looking to purchase luxury retail assets in major metropolitan markets. Are you looking to sell? To view our complete portfolio of luxury retail assets visit www.thorequities.com.
VISIT US AT MAPIC SPACE 19.02 Offices New York • Thor corporate headquaters 25 W. 39th Street, New York, NY 10018 +1 (212) 529-5055 Paris • Louis Vuitton Building 101 Avenue des Champs Élysées, 75008 Paris, France +33 (0) 1 56 52 91 56 London • 67-68 Jermyn Street, St. James’s London SW1Y 6NY +44 207 321 6360 Mexico City • Reforma 2620 P16 11950, Mexico D.F. +52 (55) 4170 1400
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