ICSC host first European Retail Asset Management Conference this week (PL/EU)

ICSC's First Retail Asset Management Conference, being held in association with the Polish Council of Shopping Centres, is taking place on June 10th at the Warsaw Marriott,in the city of Warsaw, Poland.

The ICSC Retail Asset Management Conference will bring together asset managers from across Europe to discuss the most pressing industry issues, including commercialisation, tenant mix, leases, service charges and driving efficiency.

Representatives from developers such as TriGranit, ING Real Estate, Ségécé , Ivanhoe Cambridge and ECE Projektmanagement, retailers such as Douglas and legal firm Linklaters will all be speaking at the event, which is chaired by Patrick Delcol Country Head, DTZ (Poland), Conference Chairman, President of PRCH and Member of the ICSC European Advisory Board.

Martyn Chase, a director at retail consultants DTZ, and Chair of the ICSC Retail Asset Management Committee, said: "With more than 1000 shopping centres across Continental Europe and the retail pipeline slowing, development opportunities for new shopping centres are becoming few and far between. Strong asset management of existing stock is essential to improve financial returns. It's all about driving income."

The ICSC Retail Asset Management Conference will promote good practice and work towards building a co-ordinated approach to asset management across Europe.

Martyn added: "Each shopping centre is a business in its own right and needs a hands-on approach to management if it is to thrive in the current economic climate. Landlords and tenants must work more closely together to achieve increased footfall and higher sales. Shopping centres have to be profitable for the retailers."

The International Council of Shopping Centers was founded in 1957. ICSC is the premiere global trade association of the shopping centre industry. Its more than 60,000 members in 80 countries include shopping centre owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. Headquartered in New York City, ICSC has over 150 staff members and offices in Washington D.C., Toronto, London, Beijing, Singapore and Mexico City.

Source: ICSC

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