The issue of ESG (environmental, social, and governance) impacts on every single division at SES Spar European Shopping Centers. This is why, with effect from 1 January 2024, Austria’s market-leading operator of shopping malls has further strengthened its commitment in this area, setting up the Corporate Sustainability unit to this end. Andreas Mittendorfer has taken on this role and will be reporting directly to the CEO, Christoph Andexlinger. His previous position as Head of Facility Management will be filled by his successor Tobias Reiter, who has been on the FM team at SES since 2007.
At a press conference held on Wednesday, 27 September 2023, Thomas Stelzer, governor of the provincial government of Upper Austria, officially commissioned the new photovoltaic system on the roof of the VARENA shopping centre in Vöcklabruck, which is managed by SES. Together with Marcus Wild, SPAR Board Member and Chair of the SES Supervisory Board, Thomas Krötzl, VARENA centre manager, and the Mayor of Vöcklabruck, Peter Schobesberger, he declared one of the region’s most powerful photovoltaic systems operational.
SES has been managing the KING CROSS shopping center in Zagreb/Croatia as owner and operator since 2018. Now SES is developing the established center into Croatia's most modern shopping mall. Construction work to completely refurbish the center will begin in 2024 following investment of approximately 40 million euros. Completion is scheduled for autumn 2025.
SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL GRIFONE shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effect. The seller of the property is a fund of MCAP Global Finance (UK) LLP, the European branch of Marathon Asset Management LP ('Marathon') headquartered in New York. The center, which opened its doors in 2009, boasts over 20,000 square meters of gross leasable area (GLA), 7,000 of which already belonged to the SPAR Group (ASPIAG Italy) prior to the takeover. This latest addition takes the SES portfolio to 31 locations, three of which are already classed as large-scale Italian shopping malls.
The number of photovoltaic surfaces installed on SES shopping malls is constantly increasing. This year, SES has invested in the construction of photovoltaic systems in the five Slovenian shopping centers, namely ALEJA, CITYPARK and CENTER VIČ in Ljubljana, CITYCENTER Celje and EUROPARK Maribor. The systems, boasting a total output of 4,300 kilowatts, have been in operation since July and August. They cover around one-fifth of the centers’ electricity requirement with a 1,200-ton saving in terms of CO2 emissions. The SES climate objective to fit photovoltaic systems on at least 50 percent of its available mall roof surfaces by 2040 has therefore already been achieved or exceeded to significant extent in Slovenia. SES is currently operating four photovoltaic systems in Austria. An additional three locations are scheduled to be equipped with these systems by the end of the year.
After a four-year break due to the pandemic, on Monday, May 15 the International Design and Development Awards were presented in Milan. Europe’s largest retail property association, the European Council of Shopping Places (ECSP), presents the prizes in recognition of particularly outstanding projects in the retail property sector. This year the ALEJA Ljubljana shopping center was voted Europe’s best shopping center in its category. Following on from the 2021 Global RLI Award, this is the second internationally important award for ALEJA - the latest mall created by Austrian-based developer and operator SES Spar European Shopping Centers (SES).
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