Gerflor Asia’s Post

Tokmanni has acquired three adjacent plots in Nilsia's city centre to build a new store on the combined land. #Tokmanni #Nilsia #NewStore #LandAcquisition #RetailDevelopment #CityCenter #Finland #CommunityGrowth #Shopping #ConstructionProject #europere #topstory #property #story #news #Europe #europerealestate https://lnkd.in/eBc5M967

In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape

This is a great case study for Adaptive Reuse! Would've never imagined in 2000s that the classic American mall would go out of fashion. But 20 years later, as many mall buildings lay vacant and in decay, some innovative developers are converting malls into mixed residential and commercial spaces thus revitalizing and saving the building without the need for demolition and complete rehaul of the area. This new model isn't only a environmental friendly but also fosters community living and builds strong patronage for the commerce within the mall thus creating a win-win situation. This can definitely used as an inspiration for Adaptive Reuse of old Big Bazaar buildings and other defunct commercial spaces in India. https://lnkd.in/dCPgyvwf

When Korean beauty retailer PURESEOUL • Korean Beauty needed to secure a prime location in Oxford’s Westgate Shopping Centre before the Christmas rush, they turned to Greenwoods for swift, expert assistance from our Real Estate team. Don’t let complex leases and tight deadlines hold your expansion plans back. Contact us to learn how we can help you secure the locations you need for your business and keep your roll out on track. Find our more below ⬇ #RealEstate #LeaseNegotiations

When Korean beauty retailer PURESEOUL • Korean Beauty needed to secure a prime location in Oxford’s Westgate Shopping Centre before the Christmas rush, they turned to Greenwoods for swift, expert assistance from our Real Estate team. Don’t let complex leases and tight deadlines hold your expansion plans back. Contact us to learn how we can help you secure the locations you need for your business and keep your roll out on track. Find our more below ⬇ #RealEstate #LeaseNegotiations

Every mall must have USPs. Without one, your mall will be lost amongst a homogenous retail and tenant mix. There must be one or two things or items with your services, facilities and amenities, stores, F&Bs , and other mix that stand out distinctively above the rest. When in KLIA, I’ll make it a point to use the Premium Lounge specially for its Curry Laksa; nothing else. It’s T.O.M. for me and command loyalty from me. What about your malls? Any particular mall with USP of certain that tickles your fancy to earn your regular visit?

Britton Plaza has been watched for years for a potential sale or redevelopment — and it is now in the hands of one of the country's largest owners of open-air shopping centers https://lnkd.in/eVF8Wn4r

Boulevard walk mall

As traditional anchor stores like Macy’s, JCPenney, and Sears close, a growing trend is emerging: real estate developers are repurposing vacant mall spaces into residential communities. As of January 2022, 192 U.S. malls planned to incorporate housing, with notable projects now underway in California, Colorado, Florida, Arizona, and Texas. This shift not only helps alleviate the housing shortage but also revitalizes shopping centers by bringing residents closer to retail, dining, and entertainment amenities. Recent developments at Flatiron Crossing Mall in Colorado and Arcade Mall in Rhode Island demonstrate the potential for integrated living spaces within mall environments. As this trend accelerates, it presents a promising solution for urban development and sustainable housing. #UrbanDevelopment #ConstructionIndustry #RealEstate #AdaptiveReuse #SustainableHousing

In May, Capital One Shopping Research released that the United States is home to an estimated 1,150 malls with projections that in the next ten years, there may be as few as 150 malls still in operation. However, of the malls that have closed in the US, 16% reopened as mixed use centers and 53% of malls either reopened or were transformed to suit a variety of other applications by 2024. Lighting retrofits are often part of upgrade and repurposing projects and ModuLyte can get that job done. Learn more about ModuLyte here ➡️ https://signify.co/3WkrgwC Source 🔗 https://signify.co/3WjqcZP