We Are Pop Up moves to free-to-use model

13
Nov
2020
News - We Are Pop Up moves to free-to-use model #pop up #retail #shopping #We Are Pop Up

by Property Forum | Retail

In response to the current market challenges faced by landlords and brands, We Are Pop Up, the specialist international booking platform for pop-up retail spaces, has transformed its business model into a free-to-use service, abolishing all transaction fees for listings.


We Are Pop Up connects brands and entrepreneurs with attractive pop-up opportunities in vacant retail spaces, ranging from full concessions through to individual shelves and rails, and in turn also drives additional revenue streams and bolsters the brand portfolios of landlords.

The platform brings together a large social community of landlords, retailers, brands and entrepreneurs, providing the tools for them to work together in identifying mutually beneficial new opportunities, reflecting the new sharing economy.  

Leon Goldwater, CEO, We Are Pop Up, said, “With the physical retail sector worldwide currently facing significant market stresses due to the pandemic, it is important that all parts of the industry should collaborate and help each other through these difficult times. In a game-changing move, we have decided to fundamentally adapt our model along social enterprise lines, departing from traditional income streams to establish a ‘freemium’ service designed to support businesses, entrepreneurs and landlords.  The ultimate aim is to deliver safe, attractive and engaging retail environments and brand experiences for customers, and additional revenue streams for property managers, with a focus on maintaining or boosting footfall during these challenging times."

 

We Are Pop Up enables brands to rent spaces on a highly flexible basis, from a matter of days up to a whole year. Landlords including CBRE, JLL, Boxpark, and the Camden Markets are already working with retailers in this way. 

The platform also empowers brands to pop-up within established physical stores through Shop Share, or to draw on synergies with other like-minded companies to pool resources in shared pop-up spaces.

We Are Pop Up counts an existing customer base of thousands of independent fashion, food, art and homeware brands and entrepreneurs worldwide, as well as major corporate brands such as Unilever, Swarovski, Google. Etsy, Nike, Net-A-Porter, Six and Sons and many more.

While free-to-use, the service will encourage users to consider donating a fee in return for the value they see generated from using the service, though there is no obligation to do so.




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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