Eurocommercial teams with Kinexio on AI sales collection platform across retail portfolio in Italy

Eurocommercial, a property investor/owner with a portfolio of 24 shopping centres across Italy, France, Belgium and Sweden, has partnered with Kinexio to implement and tailor a new AI powered platform for collecting sales data.

It is doing so as part of the ECP Connect, first across its portfolio in Italy, with a view to expanding it across Europee. The current adoption comprises eight prime shopping centres including Carosello and Fiordaliso, retail destinations in Milan, Collestrada in Perugia and I Gigli in Tuscany.

The portal will enable Eurocommercial to collect daily sales data in real-time from multiple sources across more than 750 units at eight assets, as well as estimate any missing sales data using historical trends.

The aim here is to increase efficiency and accuracy in sales collection, while also saving tenants time in declaring figures through the multi-store functionality. It will help build stronger tenant relationships and help Eurocommercial to acquire the information needed to facilitate accurate benchmarking across properties, zones, and brand categories, thereby supporting more informed leasing strategies.

The platform has rolled out across the eight assets from June, and it is planned to be implemented in France and Belgium by the end of the year.

David Fuller-Watts, Chief Executive, Kinexio, says: “It is now common for rents at retail and leisure destinations to be linked to store turnover and so it is critical that asset management teams have a real-time insight into sales performance.”

“We look forward to working with Eurocommercial, one of Europe’s most forward-thinking retail property owners, to deliver the instant sales analysis that will help shape the occupier mix and wider asset management strategy at some of Italy’s most important retail and leisure destinations.”

Viola Manzoni, Business Manager, Digital Transformation at Eurocommercial Properties, says: “We are delighted to expand our partnership with Kinexio and proud to be a first mover in an environment increasingly shaped by digitalisation.”

“Making it easier for our tenants to share their daily turnover figures is fundamental to us, and this platform represents a significant step forward. Our assets are dynamic, mixed use destinations, and by collecting and analysing sales data, we can not only fine-tune our marketing strategies but also better support our occupiers’ performance and enhance the overall experience for our visitors.”

 2025 RTIH INNOVATION AWARDS

AI will be a key focus area at the 2025 RTIH Innovation Awards.

The awards. which are now closed for entries with our finalists and shortlists being announced last week, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering. 

For further information on the 2025 RTIH Innovation Awards, please fill in the below form and we will get back to you asap.