The most busy airport operator in Europe has awarded contracts to manage the valorization and beverage issues (A&B) for the sale of its new terminal, recently under construction, two of the world’s largest stores.
Germany’s global airport player, Fraport, operates Frankfurt Airport, a Lufthansa hub where the new Terminal 3, the largest private airport infrastructure assignment in Europe, is taking a charge of approximately $4. 2 billion (€4 billion).
The corporate has just assigned 22 F spaces
In a statement, Fraport’s Chief Executive Officer of Retail and Real Estate, Anke Giesen, said: “Both corporations demonstrate a cutting-edge spirit and superior quality standards, and will particularly enrich the characteristics of F
Passengers can expect to see some novelties. Avolta will open the Sophia Loren Restaurant, a dining concept paying homage to the Italian movie icon and Brot.by Axel Schmitt, an award-winning, fourth-generation master baker and unabashed metalhead. At the airport, Schmitt’s expertise will be used to create a range of baked specialties that underscore German bread culture.
Among Lagardère’s highlights will be Neni Deli, a Tel Aviv-inspired outlet serving up Levantine and Mediterranean cuisine exclusively developed for the airport. Dishes will be based on tried-and-tested classics from Haya Molcho and her sons who founded Neni in 2009. For porridge fans, Haferkater sports an on-site grain mill to create both sweet and savory options using freshly ground oats from controlled cultivation in Germany.
With these contracts of F
Once the full variety procedure is complete, one of 65 retail spaces overall covering approximately 130,000 square feet will have been allocated. “We expect a lot of foreign visitors in Terminal 3 and we have designed it to provide an experience,” said Giesen.
The duty-free offer at the non-Schengen terminal will also be extended. This brand will have a market of 65,000 square feet and will specialize in high-end and luxury concepts aimed at foreign passengers “who have exceptional purchasing power. “
If all goes according to plan, Terminal 3 deserves to be operational for the summer flight schedule from 2026 until now. Testing will begin in the last quarter of this year. The new terminal will be able to accommodate 19 million passengers, easing congestion at existing terminals.
Last year, Frankfurt processed 61.6 million passengers, growing by 3.7%, less than a third as fast as its national rival Munich Airport’s 12.2%, also a hub for Lufthansa. However, there was good news for Frankfurt’s retailers and management. In terms of shopping, the airport reached an inflection point in the third quarter of 2024 when retail revenue grew by 7% and retail spending per passenger rose by 4% to €3.02, edging ahead of pre-pandemic Q3 2019.