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February 26, 2020

The experience economy has driven changes across all economic sectors in recent years, and retail has experienced some of the most radical, yet interesting ones, opening new paths for business by interacting with other industries such as travel. Shopping tourism is showing its power as a business driver and, at the same time, it is pushing a deep transformation of the industry that will guarantee growth and development in the short and long run.

Capital & Regional, the convenience and community focused shopping centre REIT, announces the appointment of David Hunter as non-executive chairman, which is proposed to take effect at the conclusion of the 2020 Annual General Meeting on 20 May 2020.

“Torbjörn Lööf, who has successfully led Inter IKEA Group, headed by Inter IKEA Holding B.V., for the last seven years, has decided to end his assignment,” says Anders Dahlvig, chairman of Inter IKEA Holding B.V. “His successor will be Jon Abrahamsson Ring, who today leads IKEA franchising.”

In view of the increasing spread of the coronavirus in Europe and after intensive consultations, Messe Frankfurt has decided to postpone Light + Building. The world’s leading trade fair for lighting and building-services technology will now be held in Frankfurt am Main between the middle and end of September 2020. The cooperation partners of the international trade fair, ZVEI and ZVEH, support this decision.

Hines, the international real estate firm, announces the annual results of Outlet Village Belaya Dacha for 2019. The key performance indicators of the outlet suggest the steadily increasing interest of the audience in the format; over the past period, the shopping complex has shown an increase in sales and traffic.