14 Sep 2021 07:00
14 September 2021
Ocean Outdoor Limited
("Ocean" or the "Company" or the "Group")
Unibail-Rodamco-Westfield appoints Ocean Outdoor media partner for
Westfield Fisketorvet Denmark
London, UK: Unibail-Rodamco-Westfield (URW) has appointed Ocean Outdoor, a leading operator of premium digital out of home (DOOH) advertising in the UK, the Netherlands, the Nordics and Germany, strategic media partner for Westfield Fisketorvet, Copenhagen's premium shopping, dining and leisure destination.
The seven year contract was awarded to Ocean following a competitive pitch. The contract, which was previously held by a key competitor, has a lifetime value of £7 million.
The deal expands Ocean's premium digital out of home portfolio to 24 European URW shopping malls, including Westfield Mall of the Netherlands, Westfield Mall of Scandinavia, and the exclusive external rights to two of the other largest flagship destinations in Europe - Westfield London and Westfield Stratford City in the UK.
The planned development of Westfield Fisketorvet by URW over the next two years will bring the centre in line with its European counterparts, growing footfall from 8.2 million to 11 million in the next five years.
Ocean will develop the in-mall experience via a network of 25 digital screens and a new spectacular double-sided screen. The exterior of Westfield Fisketorvet will be enhanced with a second state of the art external full motion screen.
This win strengthens Ocean Denmark market leading position as the number one operator of digital out of home in shopping centres, providing cover in 31 malls. It augments the recent success of Ocean Denmark in winning key contracts from competitors. This includes the Danske shopping centre network, alongside an exclusive experiential rights contract recently awarded by DEAS, covering 39 event areas across 18 malls, which paves the way for the Group's Ocean Labs technology to be rolled out across the country.
Chris Lynham, head of media and client operations, UK and Europe, URW said: "Ocean Outdoor is URW's number one media partner by revenue in Europe and we are delighted to extend our partnership to Fisketorvet Copenhagen Mall. Ocean's understanding of our audience and clarity of premium positioning in the market place has been integral to the success that has seen our relationship extend to five countries having started in Westfield London in 2008. Ocean's bold, innovative campaigns have become an integral part of the customer experience across our portfolio and we are looking forward to seeing the journey continue at Fisketorvet."
Ocean COO & CFO Stephen Joseph said: "The addition of Westfield Fisketorvet to our retail portfolio positions Ocean as the leading provider of digital out of home experiences in Denmark, a relatively new category which will build audience engagement as restrictions ease and people return to out of home shopping environments. Westfield Fisketorvet is set to transform the country's retail experience and Ocean looks forward to playing our part in partnership with URW."
Ocean Denmark managing director Pia Petersen said: "Ocean and Ocean Labs are at the forefront of developing exceptional DOOH experiences which harness real time data to serve the right content to the right audience at the right time. Westfield Fisketorvet will transform the country's retail experience and we look forward to playing our part in partnership with URW."
With more than 100 shops, restaurants and a cinema, Westfield Fisketorvet is a central destination for many Copenhageners. The shopping centre is one of the country's largest with up to 8.6 million visitors annually (pre pandemic footfall).
Ocean Denmark's portfolio includes 651 digital screens in 109 locations across 30 cities and airport hubs.
ENDS
For further information please contact:
Ocean Outdoor 020 7292 6161
Tim Bleakley, CEO
Susann Jerry, Head of Communications
Yellow Jersey PR 07747 788 221
Charles Goodwin, Annabel Atkins
oceanoutdoor@yellowjerseypr.com
About Ocean Outdoor
Ocean Outdoor is a leading operator of digital out-of-home (DOOH) advertising across the UK, Northern and Continental Europe. The Group's network of 4,000+ screens covers seven countries and 351 cities with its technological capabilities delivering the most impactful and measurable DOOH brand and advertising experiences.
Ocean's portfolio comprises of some of the most iconic locations, such as the Piccadilly Lights and the BFI IMAX, whilst it also works closely with high-profile landlords, including Landsec, Unibail-Rodamco-Westfield (URW), the BFI, Nuveen and the Canary Wharf Group, as well as major city councils on the development of its network.
To date the Group's growth has been driven by tender wins and the rollout of new locations, as well acquisitions that complement the existing portfolio. Since 2018, Ocean has completed seven acquisitions, which have enabled it to expand its UK footprint and move into the Netherlands, the Nordics and Germany.