"We are aware of the importance of local companies: they can also become very strong tenants".

Wolfgang Lunardon

Having 150 years of experience in the retail sector, Meinl European Land has established a very specialized know-how in a wide spectrum of retail investments. Do the retail and the real estate industries speak the same language? Why in order to develop a successful shopping center one should always have an anchor and co-anchor in place? Why local companies and start-ups have also to be taken into consideration when selecting tenants for a shopping mall project? Why, when entering into partnerships with development companies, it is essential for Meinl European Land to hold a majority stake in the new venture? How the real estate markets of Emerging Europe have changed over the last 5 years? Are the properties that are being built at the moment in SEE of lesser quality compared to Western Europe? Why Meinl European Land still hasn’t a shopping mall project in Romania? These are only some of the issues on which Mr. Lunardon, Member of the Board and COO of the Meinl European Land Group, reflects in this interview. Moreover, he share details about the company’s projects in Ukraine and Romania as well as his professional opinion on many topical questions such as: Which are the major obstacles that real estate investors and developers encounter in Moldova? Why it is a bit too risky to invest in Montenegro? What are the company’s plans for Serbia? Speaking about concluding a co-operation with a Ukrainian development company, which issues should be taken care of and how can local companies also benefit from a partnership with a Western European investor? Which real estate segment is very perspective from investment point of view and is going to play an important role in the property markets of all European countries for many years to come?



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