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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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 />
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Mail: tom@hi-heute.de<br />
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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.
From local hero ...<br />
Link your ideas<br />
to our investment<br />
spectrum<br />
As one of Europe’s leading investment managers for<br />
retail property, we are committed to further international<br />
expansion of our portfolio. We are interested<br />
in all types of retail property – from commercial<br />
buildings to retail parks and shopping centres. We<br />
welcome your ideas – let‘s do business!<br />
union-investment.de/realestate<br />
... to shopping star
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.
MOVE<br />
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