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Airport Property
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“Shoppers’ new best friend”: Perth Airport to open designer fashion outlet centre on its estate next year
The Direct Factory Outlet will feature 120 speciality stores and a range of food & beverage options, attracting both tourists and local residents. Read More
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Auckland Airport posts +5.2% rise in annual retail revenue but PSR declines on back of building disruption
PSR falls due to development work and fewer retailers trading above minimum annual guarantees. But the retail future looks bright with 57 retail concepts to be launched over the next 18 months and a major focus on digital engagement. Read More
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Greater Toronto Airports Authority launches Request for Proposals for Regional Transit Centre
The RFP covers design consulting services for concept development of the centre, which aims to facilitate more efficient movement of people and goods to, from and around Toronto Pearson International Airport. Read More
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Fraport posts solid rise in first-half retail revenue but average spend remains flat
Fraport reports a solid +4.4% year-on-year rise in retail revenue for the first half of 2017, with traffic growth a key factor, but retail revenue per passenger is flat for the period and falls in Q2. Read More
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London Stansted transformation buoys Manchester Airports Group’s retail performance
Manchester Airports Group has reported a strong set of full-year commercial results, with retail income climbed by +14.3%, buoyed by a revitalised offer at London Stansted. Read More
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Israel Airports Authority issues RFP for commercial consultancy
Israel Airports Authority today issued an RFP for the “provision of consultancy services for commercial activities and programmes”. Read More
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Aéroports de Paris posts strong growth in F&B and landside retailing but airside shops struggle
The formation of the EPIGO joint venture drives a +24.6% surge in food & beverage revenues to €39 million. However, rents from airside shops decreased -4.0%, to €299 million in tough trading conditions. Read More
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Auckland Airport posts strong first-half gains in beauty, electronics and F&B spending
A +22% hike in cosmetics & skincare PSR, plus a +60% hike in the same indicator for consumer technology. And an +18% rise in F&B sales Read More
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Heinemann Duty Free shines as Sydney Airport posts strong +12.2% retail growth in 2016
Retail gains comfortably outstrip strong passenger growth at the New South Wales gateway as Heinemann Tax & Duty Free gets off to an encouraging start and fashion and food & beverage flourish. Read More
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ACI Africa Conference set to feature strong commercial focus
The ACI Africa Conference, which takes place in Livingstone in March, will feature a Commercial Forum to explore the region's potential to drive non-aeronautical revenues. Read More
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Copenhagen Airport to add 28 concessions as it posts record passenger numbers in 2016
The addition of the retail and food & beverage outlets comes as part of a US$55 million project to double the size of the transit area in Terminal 2. Read More
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Record traffic & terminal renovations drive +11% first-half retail growth at MAG airports
Investment pays off for the operator of Manchester, London Stansted, East Midlands and Bournemouth airports, as retail revenues outperform strong passenger growth. Read More
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Airports Corporation of Vietnam to sell 3% stake in duty free & services division SASCO
SASCO shares are trading at VND26,000 (US$1.17), valuing the transaction at VND100 billion (US$4.4 million) Read More
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Jewel Changi Airport wins major retail & real estate design prize
Jewel Changi Airport, the lifestyle destination being developed at Changi, has won a leading design award at retail event MAPIC. Read More