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ACROSS

April 27, 2020

Trei Real Estate Moves into New Offices in Düsseldorf

Trei Real Estate GmbH (Trei), a property developer and property asset holder for residential and retail real estate, relocated from Mülheim an der Ruhr to Düsseldorf today. The real estate company had secured its new premises of around 2,400 square metres in the recently completed “Airport Office Six” property in September 2019.

Covid-19’s impact on Dutch retail real estate

If tenants experience a substantial drop in turnover–25% or more – they can convert the quarterly advance payment of rents into monthly rents and, if necessary, can request a month by month rent deferral, provided they substantiate their request with information regarding turnover.

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Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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