The ICSC Blog

June 15, 2011
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Banks more picky, Europe Conference told

Have Europe's retail property owners, banks and regulators learned any lessons from the Great Recession they are just now climbing out of? Yes and no, the continent's top executives said during a panel discussion at the ICSC European Conference in Paris today. On the one hand, owners and banks are basing financing on cash flow…

May 6, 2011
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Glasgow’s Argyll Arcade regains its luster

By Bennett Voyles While scouting Europe for new uses for some property, mahogany importer John Reid discovered the elegant covered shopping passages of Paris. Glass-covered shopping arcades had been popular in the notoriously rainy city for 29 years and in equally rainy London for eight. Reid bet that a similar arcade would do well in…

March 9, 2011
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Paris’ Biggest Retail Center to Get Major Overhaul

By Bennett Voyles Le Forum des Halles is the biggest shopping center in central Paris. It is one of Europe’s most profitable. And it is roundly hated by many Parisians, who regard the three-decade-old, nearly 650,000-square-foot center as cramped, unsafe and spectacularly ugly. But the center Paris loves to hate is soon to undergo a…