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TOM 08 2022

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T<br />

TOPS<br />

M<br />

OF THE MONTH<br />

O<br />

Essential News About The Players In<br />

The Retail Property Market In Germany<br />

THE HOTTEST DEALS +++<br />

INTERVIEWS +++ STATEMENTS<br />

+++ PARTICULARS +++<br />

ANALYSES +++ PROJECTS<br />

presented by HI-HEUTE.DE<br />

August <strong>2022</strong><br />

E-commerce can learn a lot from the gaming sector. <br />

Gaming is the new<br />

growth driver of the retail industry<br />

Trend-Check Retail of ECC Cologne identifies rewarding market<br />

The new Trend Check Retail<br />

by ECC COLOGNE, which<br />

sheds light on consumer trends<br />

in times of crisis, shows: The<br />

majority is currently paying<br />

attention to its spending in general<br />

and is limiting consumption<br />

- creativity is in demand<br />

in retail. Gaming is also becoming<br />

more relevant for e-commerce.<br />

An end to the crisis(es)? Not in<br />

sight. Consumers are currently<br />

confronted with price increases<br />

in almost all categories. This is<br />

naturally reflected in the consumer<br />

mood: around 77 percent of<br />

the consumers surveyed for the<br />

new Trend Check Retail have<br />

already reduced their spending<br />

or are planning to do so. For<br />

retailers, this means even fiercer<br />

competition. Creativity and<br />

innovation are in demand as<br />

never before. One starting point<br />

is games. Whether the gaming<br />

trend is suitable as a distinguishing<br />

feature in the competition<br />

for customers is illuminated by<br />

the ECC experts in the current<br />

issue of the Trend Check. Conclusion:<br />

E-commerce can learn a<br />

lot from the gaming sector.<br />

Online games are widespread<br />

- about half of the people surveyed<br />

have played computer or<br />

video games in the last twelve<br />

months. Among younger consumers,<br />

this even applies to 82<br />

percent. And: gamers are definitely<br />

willing to consume. The<br />

number of in-game purchases is<br />

increasing, and some consumers<br />

even explicitly wish for a greater<br />

presence of retail companies and<br />

brands in games. Accordingly,<br />

games could play an increasingly<br />

relevant role in e-commerce,<br />

especially in marketing. The<br />

best example is currently the<br />

metaverse trend, which combines<br />

many aspects from the gaming<br />

sector.<br />

Most computer games are now<br />

bought online. Almost half of<br />

those surveyed who have spent<br />

money on computer and video<br />

games in the past twelve months<br />

have done so online. Purchases<br />

made during the course of the<br />

game - so-called in-game purchases<br />

- are also becoming more<br />

relevant: 41 percent of respondents<br />

said they had spent money<br />

on this in the past months. Points<br />

of contact especially for interaction<br />

with the young target group.<br />

A look at the 16 to 29-year-olds<br />

surveyed shows how much potential<br />

there is in gamification<br />

approaches for retail. Around<br />

Symbol image: Unsplash / Fredrick Tendong<br />

46 percent would like retailers<br />

and manufacturers to be present<br />

in games, and 40 percent would<br />

find it interesting if retailers and<br />

brand manufacturers became<br />

more active in the area of gamification.<br />

E-commerce players can design<br />

games in many different ways.<br />

Basically, more than half (54<br />

percent) of the respondents are<br />

interested in having clothes and<br />

accessories purchased in games<br />

delivered to their homes. In the<br />

young target group, 71 percent<br />

are even interested. Around<br />

57 per cent of those surveyed<br />

would be interested, for example,<br />

in testing products with the<br />

help of digital avatars before<br />

buying them in the game. But<br />

the exclusivity of the products<br />

offered there also plays an important<br />

role.


Page 2 T O M<br />

NEWS August <strong>2022</strong><br />

URW expands energy<br />

saving targets<br />

Company aims to help tackle the crisis<br />

Unibail-Rodamco-Westfield<br />

is committed to playing a key<br />

role in the environmental and<br />

energy transition. With its<br />

sustainability strategy „Better<br />

Places 2030“, the company<br />

is implementing an ambitious<br />

plan that has already<br />

permanently reduced energy<br />

intensity at its sites in Europe<br />

by 17 per cent since 2015.<br />

In light of the European energy<br />

crisis, URW is determined to do<br />

even more. This year, the Group<br />

will temporarily reduce its energy<br />

intensity across Europe by<br />

at least another 15 per cent to<br />

support government and private<br />

sector efforts.<br />

Mission<br />

Better Places<br />

In Germany and Austria, URW<br />

has already targeted a savings<br />

potential of more than ten per<br />

cent since the beginning of<br />

<strong>2022</strong> through various measures<br />

and short-term initiatives.<br />

Andreas Hohlmann. Managing<br />

Director Austria & Germany<br />

at Unibail-Rodamco-Westfield,<br />

says: „We are a committed<br />

player in the climate and energy<br />

transition and want to do<br />

our part to create better places<br />

- Better Places. Since 2016, we<br />

have been implementing Better<br />

Places 2030, an ambitious strategy<br />

to reduce energy consumption<br />

and lower our carbon footprint.<br />

We are now determined<br />

to equally support the collective<br />

efforts on the occasion of the<br />

European energy crisis and also<br />

to support the many businesses<br />

that operate in our centres.“<br />

Klépierre: Expert follows Saturn<br />

Hildesheim: Brand in Arneken Galerie to open before Christmas<br />

Saturn‘s successor tenant in<br />

the Arneken Galerie in Hildesheim<br />

will be the electronics<br />

retailer Expert. It recently<br />

signed the lease. Expert Handels-Gesellschaft,<br />

based in<br />

Langenhagen near Hanover,<br />

plans to open its 62nd location<br />

nationwide, which it operates<br />

itself, before Christmas.<br />

Saturn has been the tenant of<br />

4,600 sqm on two floors since<br />

the mall opened in 2012. Expert<br />

will now take over the lower<br />

floor as sales space - a good<br />

2,000 sqm. On the floor above,<br />

space will be rented for storage.<br />

Talks have been ongoing since<br />

October 2021. The centre measures<br />

26,000 sq m and has over<br />

70 shop units.<br />

Owner Klepierre hopes that the<br />

deal will allow more vacant<br />

space to be allocated. Anchor<br />

tenants are currently TK Maxx,<br />

H&M, Depot or dm Drogerie.<br />

Among other things, URW wants to save energy when operating<br />

lifts. <br />

Arneken Galerie in Hildesheim.<br />

<br />

Photo: Arneken Vermietungs GmbH<br />

Luigs Real Estate<br />

buys Kuhn Center in<br />

Großen-Linden<br />

The Marburg-based investment<br />

company Luigs Real Estate<br />

GmbH has purchased the<br />

„Kuhn Center“ on Tannenweg<br />

in Großen-Linden from Alfred<br />

Kuhn OHG of Linden. The anchor<br />

tenant in the centre, which<br />

was newly built in 2010, is Kaufland<br />

on 4,650 sqm, while other<br />

tenants include Tedi, Ernsting‘s<br />

Family, KIK and Apollo Optik.<br />

According to Luigs, the company<br />

has its sights set on further residential<br />

and commercial investments<br />

with a planned purchase<br />

volume of around 100 million<br />

euros by 2024.<br />

German young people<br />

prefer to buy internationally<br />

online<br />

In an international survey of<br />

more than 14,000 consumers,<br />

the payment service provider<br />

Klarna examined the differences<br />

in shopping. Conclusion:<br />

Germans love stationary shops.<br />

However, this is especially true<br />

of older consumers. Young<br />

Germans are ahead internationally<br />

when it comes to online<br />

shopping. Overall, 66 percent<br />

of Germans prefer to shop in a<br />

shop. However, this does not<br />

mean that they predominantly<br />

shop there. According to the<br />

Shopping Pulse study by the<br />

shopping and payment service<br />

provider Klarna, this percentage<br />

reflects the overall satisfaction<br />

with shopping in a stationary<br />

shop, which is almost twice as<br />

high as online shopping (34 percent).<br />

However, whether people<br />

shop in shops is primarily a<br />

question of age, because - unsurprisingly<br />

- it is mainly the<br />

older consumers who do so.<br />

Adler opens cafés<br />

in eleven German<br />

shops<br />

The clothing retailer Adler Modemärkte<br />

AG is opening the first<br />

Adler Cafés in eleven shops.<br />

The concept is open to all customers.<br />

Adler customer card<br />

holders who make a purchase<br />

worth 75 euros will receive free<br />

coffee and cake after their exhausting<br />

shopping tour, Adler<br />

announced on Friday. Customers<br />

can look forward to pastry<br />

classics such as nut, fruit, marble,<br />

sand, walnut and marzipan<br />

cakes. The products come from<br />

Leysieffer.


Page 3 T O M<br />

TOP STATEMENT OF THE MONTH August <strong>2022</strong><br />

TOP STATEMENT<br />

August<br />

„Deichmann has been<br />

D2C - direct-to-consumer<br />

- for 109 years.<br />

We develop our collections<br />

directly with suppliers<br />

without middlemen<br />

because we know<br />

from our experience<br />

in the shops exactly<br />

what our customers<br />

need. The price-performance<br />

ratio is a<br />

very important part of<br />

our company DNA.”<br />

Samuel Deichmann, Executive<br />

Board Member at the international<br />

shoe retailer Deichmann<br />

since 2020, in an interview with<br />

the trade journal Textilwirtschaft.


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We tailor our services to your needs.<br />

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www.realestate.apleona.com


Page 5 T O M<br />

ANALYSES August <strong>2022</strong><br />

In the future, the metaverse will play an increasingly important role. <br />

What the trade thinks of Metaverse<br />

Current study of the EHI Retail Institute published<br />

The topic of metaverse is<br />

currently on everyone‘s lips -<br />

and the first retail companies<br />

are already examining its use.<br />

More than three quarters of<br />

the decision-makers surveyed<br />

from German-speaking<br />

retail companies believe that<br />

Metaverse offers them exciting<br />

application possibilities,<br />

according to the results of the<br />

current EHI study „Metaverse<br />

in Retail“ commissioned<br />

by EPAM Systems.<br />

„Retail has positioned itself:<br />

six out of ten respondents believe<br />

that Metaverse will become<br />

established. The importance<br />

within retail companies will<br />

probably increase in the next<br />

five to ten years. In this context,<br />

it is surprising that already<br />

in five years, a good one in four<br />

retail companies could invest<br />

in Metaverse applications,“<br />

says Philipp Hübner, project<br />

manager of the e-commerce<br />

research area at EHI. Although<br />

78.1 percent of the respondents<br />

are personally familiar with the<br />

term metaverse, 71.5 percent<br />

state that the topic is not known<br />

in their retail companies. 59.7<br />

percent of the respondents assume<br />

that Metaverse will become<br />

established. Only 20.3<br />

percent think Metaverse is just<br />

a hype, the rest are unsure.<br />

Awareness and<br />

importance<br />

In addition, 75.5 percent see exciting<br />

application possibilities<br />

for retail in the Metaverse. While<br />

40.8 percent believe that Metaverse<br />

will change retail forever,<br />

34.9 percent are convinced of the<br />

opposite. 96.1 percent consider<br />

the current importance of Metaverse<br />

in their retail companies<br />

to be small. In the medium and<br />

long term, however, the respondents<br />

estimate its importance to<br />

be higher. About one fifth think<br />

that Metaverse will become<br />

more important for their trading<br />

companies in five years. 45.7<br />

percent estimate the importance<br />

for their trading company to be<br />

large in ten years.<br />

More and more<br />

want to invest<br />

While only four percent of the<br />

respondents currently believe<br />

that their company is likely to<br />

invest in Metaverse applications,<br />

the situation will be different<br />

in the coming years. In<br />

five years, every fourth retail<br />

company could invest in Metaverse,<br />

in ten years almost every<br />

second. At the same time, only<br />

4.9 percent believe that their<br />

company has the necessary expertise<br />

to enter the metaverse<br />

business; more than half have<br />

no staff with the corresponding<br />

expertise.<br />

The study also looks at many<br />

other aspects such as potential<br />

benefits and risks for retailers,<br />

concrete application scenarios,<br />

success factors and hurdles as<br />

well as industry comparisons.<br />

T<br />

TOPS<br />

Symbol image: Unsplash<br />

O M<br />

OF THE MONTH<br />

Essential News About The Players In<br />

The Retail Property Market In Germany<br />

IMPRINT<br />

Publisher:<br />

Handelsimmobilien Heute Verlagsgesellschaft<br />

mbH<br />

Address:<br />

Alexanderstraße 16<br />

45130 Essen<br />

Germany<br />

Tel. 0049-201-874 55 28<br />

Web: www.hi-heute.de<br />

Mail: tom@hi-heute.de<br />

Frequency of publication:<br />

monthly<br />

Circulation: approx. 5000 copies<br />

sent by e-mail<br />

Editorial team: Susanne Müller,<br />

Thorsten Müller<br />

Responsible in terms of press<br />

law: Thorsten Müller<br />

Layout: K4-PR, Essen


www.wisag.de<br />

Your shopping centre in the best hands<br />

Perfect cleanliness, uncompromising security and optimum service:<br />

all this keeps not only the customers satisfied, but also tenants and<br />

owners. With our tailored solutions and experience, you will benefit<br />

from optimum management costs. And at all times, we have value<br />

retention and the sustained development of your centre in mind.<br />

We go one step further for you.<br />

Joaquin Jimenez Zabala<br />

Tel. +49 162 7861-324 joaquin.jimenez.zabala@wisag.de


Page 7 T O M<br />

NEWS<br />

August <strong>2022</strong><br />

Sascha Mager new at the<br />

helm of MediaMarktSaturn<br />

He replaces Gábor Szilágyi as Managing Director<br />

Sascha Mager is the new<br />

head of Germany at Media-<br />

MarktSaturn (MMSD). He<br />

succeeded Gábor Szilágyi.<br />

Dennis Balslev, Country Retail<br />

Manager and CSO of<br />

IKEA Germany, will hand<br />

over his position to Walter<br />

Kadnar on 1 October. Balslev<br />

himself will take on a new<br />

role as Deputy Core Business<br />

Franchise Manager at the Inter<br />

IKEA Group.<br />

Dennis Balslev, a Dane, has<br />

led IKEA Germany‘s operations<br />

since 1 January 2018<br />

and has been instrumental in<br />

driving growth, developing<br />

the omnichannel agenda and<br />

providing stability during the<br />

Corona pandemic. Under his<br />

leadership, the company has<br />

succeeded in highlighting the<br />

importance of living at home<br />

and giving sustainability a<br />

new status. With the opening<br />

Sascha Mager is the new Head of Germany at MediaMarktSaturn.<br />

<br />

Photo: MediaMarktSaturn<br />

Szilágyi, who has held this<br />

position since February <strong>2022</strong>,<br />

has decided to relinquish the<br />

chairmanship of the German<br />

national company for personal<br />

reasons and return to his native<br />

Hungary. There, he will once<br />

again take over the management<br />

of MediaMarktSaturn‘s<br />

Hungarian national company<br />

on 1 October. His successor Sascha<br />

Mager previously served<br />

as Chief Digital Officer (CDO)<br />

and member of the Executive<br />

Committee of MediaMarktSaturn<br />

Retail Group (MMSRG).<br />

„We respect Gábor Szilágyi‘s<br />

decision and are pleased that<br />

he will remain with our company<br />

with his talent and experience,“<br />

said Dr. Karsten Wildberger,<br />

CEO of CECONOMY<br />

and MediaMarktSaturn. „With<br />

Sascha Mager as our internal<br />

successor, we are ensuring a<br />

seamless transition in the management<br />

of MediaMarktSaturn<br />

Germany. As CDO for the<br />

entire group, he has already<br />

provided significant support<br />

to the digital business in Germany<br />

in recent months in close<br />

cooperation with the MMSD<br />

management and at the same<br />

of new store formats, for<br />

example in Berlin, and their<br />

complete omnichannel connection,<br />

as well as the further<br />

time also set the first, important<br />

impulses for further strengthening<br />

the stationary business.<br />

Together with the team, Sascha<br />

Mager will drive the further development<br />

of our largest national<br />

company.“<br />

Walter Kadnar soon to be Retail<br />

Manager of IKEA Germany<br />

Successor to Dennis Balslev to start in October<br />

development of services and<br />

fulfilment, a new shopping experience<br />

was created at IKEA<br />

Germany.<br />

Walter Kadnar is the new IKEA Country Retail Manager and CSO<br />

IKEA Germany. <br />

Photo: Géraldine Aresteanu<br />

French luxury department<br />

stores‘ reportedly<br />

to open in two<br />

German cities<br />

Balenciaga is opening new stores<br />

in two German cities. The fashion<br />

house, which belongs to<br />

the French luxury goods group<br />

Kering SA, is reportedly planning<br />

to open shops in Düsseldorf and<br />

Stuttgart. The company is currently<br />

looking for staff for this<br />

on FashionUnited. In Düsseldorf,<br />

positions for store management<br />

and sales staff are to be filled by<br />

the end of August and in Stuttgart<br />

by the beginning of December,<br />

which could indicate a possible<br />

opening period for each. Further<br />

details about the new locations<br />

are not yet known.<br />

CENTRAL GROUP<br />

and SIGNA complete<br />

takeover of Selfridges<br />

Following the announcement in<br />

December 2021, Central Group<br />

and SIGNA have now completed<br />

the acquisition of luxury department<br />

store group Selfridges<br />

Group from the Weston family.<br />

The transaction creates one<br />

of the world‘s leading luxury<br />

department store groups, with<br />

a presence in eight European<br />

countries and flagship stores in<br />

the most iconic locations, including<br />

now the iconic Selfridges<br />

Oxford Street - the number one<br />

shopping destination in the heart<br />

of London, occupying an entire<br />

city block. The Selfridges Group<br />

portfolio comprises 18 luxury<br />

department stores under four<br />

brand names in three countries,<br />

namely Selfridges in England,<br />

Brown Thomas & Arnotts in<br />

Ireland and De Bijenkorf in the<br />

Netherlands.<br />

Forum Steglitz nears<br />

completion after<br />

repositioning<br />

The completion and repositioning<br />

of the „Forum Steglitz“<br />

centre in Berlin reaches another<br />

important milestone with the<br />

opening of the EDEKA Center<br />

No1. and is thus close to successful<br />

completion. On 25 August,<br />

EDEKA Minden-Hannover<br />

opened one of the most innovative<br />

storeeds in its business area.<br />

Shopping, gastronomy and experience<br />

merge into a coherent<br />

overall concept. Real I.S. AG,<br />

in cooperation with Unibail-Rodamco-Westfield,<br />

has created a<br />

modern mixed-use centre.


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Page 9 T O M<br />

NEWS August <strong>2022</strong><br />

Green concept:<br />

KII receives top rating<br />

Platinum from the German Society for Sustainability<br />

The KII in Düsseldorf has already<br />

won the award for best<br />

new building in Germany,<br />

and now it has also been certified<br />

for its sustainability: For<br />

its combination of ecology,<br />

economy, innovation and sustainability,<br />

the building received<br />

the highest possible certification,<br />

DGNB Platinum.<br />

Basketball fans take note:<br />

NBA and Fanatics are opening<br />

the first store in Germany<br />

at The Playce in Berlin.<br />

The store, managed by<br />

US sports retailer Lids, will<br />

be part of the destination at<br />

Potsdamer Platz.<br />

After shops in London, Milan<br />

and Paris, this will be the<br />

fourth and largest NBA store<br />

in Europe. Almost 1000 square<br />

metres of space will feature a<br />

wide range of official NBA<br />

and WNBA merchandise and<br />

souvenirs, including jerseys,<br />

sportswear and merchandise,<br />

as well as toys and collectibles<br />

from well-known brands such<br />

as Nike, Mitchell & Ness, New<br />

Era and Wilson.<br />

KII has received the DGNB Platinum certification.<br />

<br />

Photo: CENTRUM Group / HGEsch<br />

The German Sustainable Building<br />

Council awarded the project<br />

an overall rating of 93.2 percent.<br />

This is the highest rating<br />

ever achieved by the DGNB in<br />

the area of newly built commercial<br />

buildings.<br />

The green façade was an essential<br />

component of the KII from<br />

the very beginning. More than<br />

30,000 hornbeams with a length<br />

of eight kilometres stand on the<br />

sloping facades and on the roof<br />

of the building. It is Europe‘s<br />

largest green façade. In this way,<br />

CENTRUM Group and B&L<br />

Group are not only providing<br />

fresh greenery and better air<br />

around the KII, but at the same<br />

time setting a new climate standard<br />

for buildings in inner cities.<br />

In addition to binding fine dust<br />

via the leaf surfaces, the plants<br />

absorb CO2 and produce oxygen.<br />

At the same time, the leaves<br />

release moisture, creating<br />

a cooling effect in the area surrounding<br />

the KII. The ecological<br />

benefit of the hornbeam hedge is<br />

equivalent to that of around 80<br />

mature deciduous trees.<br />

„The certification with the highest<br />

level DGNB Platinum is a<br />

special success for us, of which<br />

NBA with first German<br />

fan store in The Playce<br />

„The NBA Store in Berlin will<br />

offer fans in Germany a unique<br />

NBA shopping experience<br />

with the largest selection of<br />

customisable items from their<br />

favourite teams and players in<br />

all of Europe,“ said Steve Griffiths,<br />

NBA EME Senior Director,<br />

Global Partnerships.<br />

we are very proud. In addition to<br />

the urban planning and archi<br />

tectural quality of our buildings,<br />

the topics of sustainability, energy<br />

efficiency, economical use<br />

of resources and protection of<br />

the climate and environment are<br />

essential core elements of our<br />

corporate philosophy. With KII,<br />

we have developed a vision for<br />

the city of the future and made<br />

it a reality,“ says Peter Knopf,<br />

Managing Director of the CEN-<br />

TRUM Group.<br />

American professional basketball league soon to be present in Berlin<br />

An NBA store has been announced at The Playce in Berlin.<br />

<br />

Visualisation: NBA Store Berlin / concept render<br />

The concept fits perfectly with<br />

the new orientation of the arcades<br />

revitalised by Brookfield<br />

Properties and ECE and the<br />

motto „Discover, Experience<br />

and Experience“. The opening<br />

is scheduled for autumn.<br />

DEFAMA acquires<br />

specialist store portfolio<br />

in Baden-Württemberg<br />

and Bavaria<br />

Deutsche Fachmarkt AG has<br />

concluded a purchase agreement<br />

for four properties in Bavaria<br />

and Baden-Württemberg.<br />

The properties in question<br />

are locations in Albstadt, Bad<br />

Ditzenbach, Graben-Neudorf<br />

and Pfaffenhofen that are let<br />

to AWG Mode on a long-term<br />

basis, whereby AWG still has<br />

subtenants in some cases.<br />

The total purchase price is 5.25<br />

million euros, with initial net<br />

rents of around 430,000 euros.<br />

All leases include value retention<br />

clauses. The four locations<br />

are situated in strong retail agglomerations,<br />

each of which<br />

is home to several other wellknown<br />

retailers - such as Kaufland,<br />

LIDL, ALDI, DM, Müller<br />

Drogerie, Deichmann, Takko<br />

or KiK. After completion of<br />

all transactions and conversion<br />

measures, the annualised FFO<br />

increases to over 9.6 million<br />

euros, corresponding to a good<br />

2.01 euros per share. The portfolio<br />

now comprises 62 locations<br />

with 250,000 sqm of floor<br />

space, 95% of which is let.<br />

Andreas Siebert new<br />

Head of Retail Investment<br />

at Cushman &<br />

Wakefield<br />

Andreas Siebert is the new<br />

Head of Retail Investment Germany<br />

at the international real<br />

estate consultancy Cushman<br />

& Wakefield. In this position,<br />

he will be responsible for the<br />

acquisition and sales business<br />

of this division in Germany<br />

from Düsseldorf. The 53-year-old<br />

will report to Alexander<br />

Kropf, Head of Capital Markets<br />

Germany. Andreas Siebert succeeds<br />

Nicole Römer, who has<br />

left the company. Siebert joins<br />

C&W from Jones Lang LaSalle<br />

SE. He had been working there<br />

since 2009, most recently<br />

as Senior Team Leader Retail<br />

Investment NRW. JLL integrated<br />

Kemper‘s in 2009, where<br />

Andreas Siebert had been employed<br />

since 1999 and had been<br />

Managing Director in Düsseldorf<br />

since 2007. Other stations<br />

of the real estate economist and<br />

banker include HSBC Trinkaus<br />

& Burkhardt and the former<br />

Dresdner Bank.


Page 11 T O M<br />

NEWS August <strong>2022</strong><br />

Trade gastronomy<br />

on the upswing<br />

At the same time, many challenges await<br />

The trade gastronomy sector<br />

suffered greatly from the<br />

restrictions of the Covid 19<br />

pandemic, but has been on a<br />

good path to recovery since<br />

the restrictions expired. On<br />

average, retailers only expect<br />

a drop in sales of around ten<br />

per cent this year compared to<br />

2019, according to one of the<br />

findings of the EHI study „Retail<br />

Gastronomy in Germany<br />

<strong>2022</strong>“.<br />

„After two difficult years, retail<br />

gastronomy in Germany is<br />

on the upswing again. Many<br />

gastronomy managers in retail<br />

have mastered the pandemic<br />

situation relatively well with<br />

concept adjustments and new<br />

ideas. However, with rising<br />

energy and raw material prices<br />

as well as the existing lack of<br />

personnel, new challenges are<br />

coming up for gastronomy in<br />

retail“, explains Olaf Hohmann,<br />

head of the research area retail<br />

gastronomy at EHI.<br />

The German Retail Association<br />

(Handelsverband Deutschland)<br />

assesses the measures of<br />

the Federal Cabinet on energy<br />

saving as positive on the<br />

whole - especially the rules for<br />

lowering the minimum room<br />

temperatures at workplaces<br />

provided for therein.<br />

„The retail sector is doing its<br />

part in these difficult times and<br />

is already consciously and effectively<br />

saving energy,“ said<br />

HDE Chief Executive Stefan<br />

Genth. The industry therefore<br />

supports the temperature reduction<br />

to 19°C for indoor office<br />

activities, for example, envisaged<br />

by the Federal Ministry of<br />

Economics and Climate Protection<br />

(BMWK). „The goal must<br />

be to optimally exploit further<br />

energy-saving potential, but<br />

without affecting the health or<br />

The retail gastronomy sector is currently vacillating between hope<br />

and challenge. Symbol image: Unsplash / shawnanggg<br />

The turnover figures in retail<br />

gastronomy indicate a clear<br />

upward trend, even if the EHI<br />

forecast for <strong>2022</strong> does not<br />

come close to the pre-Corona<br />

year 2019. Whereas in the first<br />

pandemic year of 2020 sales of<br />

7.55 billion euros were achieved,<br />

which is 2.45 billion euros<br />

less than in 2019, sales in 2021<br />

reached 7.72 billion euros, a<br />

Trade supports<br />

energy-saving plans<br />

HDE: Industry is already making its contribution<br />

slight increase. For <strong>2022</strong>, the<br />

retailers surveyed are optimistic<br />

and expect total turnover for retail<br />

gastronomy to be just under<br />

nine billion euros.<br />

In 84 percent of the branches,<br />

the retailers have rethought<br />

their food concepts and adapted<br />

them to the pandemic situation<br />

as well as the changed consumer<br />

behaviour.<br />

Illuminated shop windows are not likely to be seen this autumnwinter<br />

season. Symbol image: Pixabay / Albrecht Fietz<br />

performance of employees,“<br />

Genth emphasises. Against this<br />

background, it might even make<br />

sense for the legislator to lower<br />

the minimum room temperatures<br />

for workplaces a little further.<br />

„Every degree less saves<br />

six percent in energy when heating“,<br />

Genth continues.<br />

Heating period longer than February<br />

In the HDE‘s view, it is incomprehensible<br />

why the leeway<br />

for lowering temperatures for<br />

private employers is less than<br />

in the public sector. „Private<br />

employers have to guarantee<br />

minimum temperatures, while<br />

public employers have the same<br />

temperatures as maximum temperatures.<br />

This allows public<br />

employers to save significantly<br />

more energy because they have<br />

to heat less,“ says Genth.<br />

WISAG looks back<br />

on a successful 2021<br />

financial year<br />

WISAG Facility Service Holding<br />

GmbH looks back on a<br />

successful business performance<br />

in 2021. Sustainable and stable<br />

growth - WISAG Facility Service<br />

Holding achieved this goal<br />

in 2021: the company increased<br />

its turnover by 4.0 percent to approximately<br />

1.223 billion euros.<br />

This organic growth is supported<br />

by a positive sales development<br />

in almost all service areas.<br />

„The fact that we have achieved<br />

overall growth of 4.0 per cent<br />

despite the continuing effects of<br />

the Corona crisis, particularly in<br />

the Catering segment, gives us<br />

cause for satisfaction. This success<br />

was only possible thanks<br />

to a strong team performance<br />

that convinced our customers,“<br />

says Michael Moritz, Managing<br />

Director of WISAG Facility Service<br />

Holding.<br />

Metaverse not yet an<br />

issue in food retailing<br />

The Metaverse, a digital space<br />

in which, for example, people<br />

can gather as avatars and work<br />

together on projects, also offers<br />

exciting application possibilities<br />

for retail. However, 57 percent<br />

of the respondents rated the user<br />

potential of Metaverse for food<br />

retailing as low.<br />

LIST sells Neutor<br />

Arkaden to<br />

VK Immobilien<br />

The project developer LIST<br />

Develop Commercial has developed<br />

a city quarter of almost<br />

10,000 sqm on the site of a former<br />

department store in the centre<br />

of Emden. The completed<br />

property is now being transferred<br />

to VK GmbH & Co. 039 Emden<br />

KG, a property company of the<br />

VK Immobilien Group, for an<br />

amount in the double-digit millions.<br />

With the Neutor Arkaden,<br />

the Dortmund-based investment<br />

group is expanding its real estate<br />

portfolio of more than 40 commercial<br />

properties. The retailers<br />

Müller and Combi as well as the<br />

B&B Hotel already opened their<br />

doors last year. „In the meantime,<br />

Stadtwerke Emden and VGH<br />

Versicherungen have moved into<br />

the office space as tenants. This<br />

means that more than 90 per cent<br />

of the space is let on a long-term<br />

basis,“ Michael Garstka, managing<br />

partner of LIST Develop<br />

Commercial, explains the attractiveness<br />

of the property.


Page 13 T O M<br />

ANALYSIS August <strong>2022</strong><br />

Despite bottlenecks:<br />

Germans like to buy sustainably<br />

GfK study: Currently, however, more likely to buy at discounters than at the organic market<br />

According to GfK, consumers<br />

in Germany are still buying<br />

sustainably - despite inflation<br />

and the looming energy crisis.<br />

Nevertheless, changes in consumer<br />

behaviour can be observed,<br />

especially in the food<br />

sector.<br />

Sustainability remains important<br />

to German consumers despite<br />

current world events, as<br />

the current GfK Sustainability<br />

Index for July shows. It stands<br />

at 39.2 compared to 39.7 in<br />

April. This value shows that<br />

consumers continue to pay attention<br />

to sustainability in their<br />

purchases. Despite the stable<br />

value, current events, such as<br />

the looming energy crisis and<br />

inflation, have a varying impact<br />

on purchasing behaviour in different<br />

categories.<br />

Less sustainable<br />

than neighbours<br />

Inflation is the new number<br />

one concern of Germans - in<br />

2021 it was still worries about<br />

the Corona pandemic. Climate<br />

change remains stable in second<br />

place among Germans‘ biggest<br />

worries. 71 percent currently<br />

consider climate change to be<br />

a serious problem, which is two<br />

percentage points more than last<br />

year. In a European comparison,<br />

however, the Germans are lagging<br />

behind in terms of sustainability.<br />

Comparative data from<br />

GfK in Italy and France show<br />

that sustainable purchasing is<br />

significantly more important<br />

for the European neighbours: In<br />

Italy the index is 58.0, in France<br />

52.1.<br />

Germans<br />

plan ahead<br />

The proportion of people who<br />

have made major purchases with<br />

sustainability in mind in the past<br />

twelve months fell slightly from<br />

30 to 26 percent from April to<br />

July <strong>2022</strong>. At the same time, the<br />

proportion of people planning<br />

to do so within a year has increased<br />

from 24 to 27 per cent.<br />

The willingness to pay more<br />

money for sustainable products<br />

According to GfK, sustainable purchasing is deeply anchored in the values of Germans.<br />

<br />

Symbol image: Depositphotos / Vitalik Radko<br />

remains almost constant despite<br />

inflation: 68 percent of consumers<br />

planning major purchases<br />

agree. One reason for this development<br />

could be the sharply<br />

rising energy costs. „People are<br />

increasingly planning to switch<br />

to solar energy and heat pumps<br />

to save on energy costs and do<br />

something for the environment<br />

at the same time,“ comments<br />

Petra Süptitz, Sustainability and<br />

Consumer Insights Expert at<br />

GfK. „Presumably, consumers<br />

are now also paying more attention<br />

to buying energy-efficient<br />

appliances to save electricity.“<br />

In the case of household appliances,<br />

there is a clear trend<br />

towards energy-efficient appliances.<br />

However, there are<br />

differences between consumer<br />

groups with different values,<br />

attitudes or tech affinity. Especially<br />

the so-called trend surfers<br />

and tech-savvy alphas are planning<br />

more sustainable purchases.<br />

For them, sustainability is a<br />

lifestyle and status symbol that<br />

they like to combine with product<br />

innovations or premium<br />

features.<br />

Reluctance among<br />

low income groups<br />

Clearer changes can be seen in<br />

the case of products for daily<br />

use: Here, the share of people<br />

who have bought with sustainability<br />

in mind in the last month<br />

has dropped from 72 to 66 percent.<br />

Organic products are still<br />

in vogue. While sales in the<br />

overall FMCG market declined<br />

by 2.8 percent in the first half of<br />

<strong>2022</strong>, sales of organic products<br />

were stable compared to the<br />

previous year. Currently, consumers<br />

prefer to buy organic products<br />

cheaper at discounters or<br />

from private labels. The share of<br />

consumers who plan to buy sustainably<br />

in the next four weeks<br />

is slightly down from 68 to 64<br />

percent. „People with low incomes<br />

in particular tend to hold<br />

back here. This was already<br />

observed in the previous month<br />

and is less surprising under the<br />

current circumstances,“ informs<br />

Petra Süptitz.<br />

The willingness to pay more<br />

money for sustainable products<br />

also remains almost constant<br />

and is similarly high as for<br />

larger purchases with 69 percent<br />

of consumers. Especially<br />

the consumer groups Idealists<br />

and Care-takers plan to continue<br />

buying sustainable products<br />

for daily use. For these people,<br />

sustainability is deeply rooted<br />

in their personal values. These<br />

people are not only active when<br />

shopping, but also save more<br />

than others on electricity or water,<br />

for example.<br />

Although inflation and rising<br />

prices dominate the headlines,<br />

these developments affect different<br />

population groups to different<br />

degrees.<br />

About fifty percent of Germans<br />

are considered crisis-resistant.<br />

These are mainly people with<br />

higher incomes who do not fear<br />

for their jobs. They are currently<br />

less worried, for example,<br />

about high inflation. On the other<br />

hand, people with lower incomes<br />

in particular have to cut<br />

back.<br />

Half of Germans<br />

are crisis-resistant<br />

„Sustainability is deeply anchored<br />

in the values of Germans.<br />

Many consumers are currently<br />

looking for creative alternative<br />

strategies, especially for everyday<br />

products, in order to be<br />

able to shop sustainably while<br />

saving money at the same time,“<br />

explains Petra Süptitz. „Nevertheless,<br />

there are consumer<br />

groups such as the Trend Surfers<br />

or the Alphas who continue<br />

to rely on brand-name products<br />

and see sustainability as a lifestyle<br />

aspect that they associate<br />

with quality, enjoyment and<br />

aesthetics. Companies should<br />

make sure that their offer meets<br />

these different needs.“


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Page 15 T O M<br />

GUEST CONTRIBUTION August <strong>2022</strong><br />

ALDI SÜD in search of project partners<br />

Development of food-anchored mixed-use properties is becoming increasingly significant<br />

Who doesn‘t know us? With<br />

almost 2000 ALDI SÜD shops,<br />

we are omnipresent in the<br />

communities and cities of western<br />

and southern Germany.<br />

Here we have been part of<br />

everyday life for many millions<br />

of people for decades. You<br />

can reach us quickly and easily<br />

via short routes. But what<br />

is true for our customers was<br />

not always self-evident in our<br />

cooperation with partners and<br />

stakeholders from the real estate<br />

sector. Especially when it<br />

came to joint project developments,<br />

it was often difficult for<br />

them to find the right contact<br />

person in their region. But<br />

we have solved this problem:<br />

through the restructuring and<br />

expansion of the Real Estate<br />

business unit, we are now closer<br />

than ever to potential stakeholders<br />

and partners.<br />

That was a year ago now. Since<br />

then, we have turned around the<br />

previously decentralised branch<br />

development. We have set up a<br />

new contact point for supra-regional<br />

cooperations, which I<br />

head. We have also opened our<br />

own real estate offices for the<br />

hotspots Cologne, Frankfurt am<br />

Main, Stuttgart and Munich, our<br />

„Local Offices“. Our colleagues<br />

are specialised in the framework<br />

conditions and requirements of<br />

the respective metropolises.<br />

Their contact details and those<br />

of all regional contacts can be<br />

found quickly and easily via our<br />

new website by postcode.<br />

As a committed team player,<br />

it is important to us to implement<br />

projects together with our<br />

partners. In the Bilderstöckchen<br />

district of Cologne, for example,<br />

we are currently planning to<br />

build more than 50 flats, a daycare<br />

centre and an underground<br />

car park on the site of a onestorey<br />

branch. In Düsseldorf‘s<br />

Zoo district, we want to further<br />

develop an existing location<br />

and have recently involved the<br />

neighbourhood in the design of<br />

the „Zooterrassen“ as part of a<br />

public participation process. Public<br />

spaces with a high quality<br />

of stay, areas for offices, flats,<br />

gastronomy and retail as well<br />

as infrastructure for additional<br />

mobility offers and a neighbourhood<br />

garage are to be created. In<br />

Frankfurt am Main, we recently<br />

Jan Riemann is the central contact person at ALDI SÜD for cooperations in the real estate sector.<br />

<br />

Photo: ALDI SÜD<br />

acquired the seven-storey office<br />

and commercial building in Oskar-Sommer-Straße.<br />

We want to<br />

revitalise it and use it for new<br />

purposes, including housing.<br />

We are also very active outside<br />

the metropolises. In Landau in<br />

the Palatinate, for example, we<br />

have created living space for<br />

65 students in cooperation with<br />

the Studierendenwerk Vorderpfalz<br />

- above a branch that was<br />

demolished and rebuilt for this<br />

purpose. Now, in this cooperation,<br />

student flats with almost<br />

200 beds are to be built at another<br />

location by mid-2025. In<br />

Waldbronn, just outside Karlsruhe,<br />

we are building a residential<br />

and commercial complex on<br />

a 12,000 square metre site. The<br />

buildings will provide space for<br />

a new, larger branch, a drugstore<br />

and 115 flats.<br />

For those who want to get to<br />

know us personally, we are<br />

now not only easier to find, we<br />

are also looking for ourselves.<br />

That‘s why we‘re already looking<br />

forward to October, when<br />

we‘ll be back at EXPO REAL<br />

in Munich. This year we will be<br />

there with a total of six stands -<br />

more than ever before. The broad<br />

participation as co-exhibitors<br />

is intended to underline the solidarity<br />

of our real estate teams<br />

with their regional partners. Together<br />

with them, projects are to<br />

be developed, locations strengthened,<br />

infrastructure improved<br />

and, in the end, a profit generated<br />

for all parties involved. We<br />

are ready to secure local supply<br />

in rural regions and to close<br />

gaps in the city centres as a<br />

frequency provider, but we are<br />

also subtenants, general tenants<br />

as well as project developers of<br />

mixed-use properties in urban<br />

quarters. We will be happy to<br />

explain this in more detail at the<br />

EXPO in Munich - but of course<br />

not only there.<br />

Guest article by Jan Riemann,<br />

responsible for Real Estate expansion<br />

by ALDI SÜD.


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