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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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