April 2020

In March the property company Atrium Ljungberg announced the sale of Farsta Centrum in Stockholm.

Collaborated with New Covent Garden Market and Bread Ahead to provide fresh produce and bread.

The “Leiner Areal” project on the west side of the Rathausplatz in St. Pölten’s city centre has received a greenlight. A cooperative procedure to prepare a development concept is currently starting.

UNI Global Union, Auchan Retail and Carrefour Group have signed a joint declaration on the implementation of good business practice in response to the health crisis caused by the Covid-19 pandemic.

Prior to the new appointment, Yliniemi held the position of Vice President, Operations Development at Citycon. In her new position, Yliniemi is responsible at the Group level for the operations and results of the approximately 40 shopping centres owned by Citycon. Yliniemi is also a member of Citycon’s Extended Management Committee.

As a sign of solidarity with all employees, and with the full support of the Supervisory Board of URW, the Group CEO, Christophe Cuvillier, the Group CFO, Jaap Tonckens, and all members of the Group’s SeniorManagement Team have taken the initiative to reduce their remuneration by -25% for the period during which the partial activity measures will be in place.

The 12th edition of Realty Belgium – the biggest Belgian real estate summit that was to be held on 17 and 18 September this year at the Knokke-Heist casino and Albertstrand – will not take place in 2020.

IKEA has long promised to stand by the side of the many people. Today, during the unprecedented coronavirus pandemic situation, it is true more than ever.

The doors to many of their attractions may be temporarily closed but Merlin teams from all over the world have been working hard to bring a touch of ‘Merlin Magic’ to families at home.

H & M Hennes & Mauritz AB has signed a new 12 months EUR 980 m revolving credit facility with a 6 months extension option in order to further strengthen its liquidity buffer and financial flexibility in response to the Covid-19 situation.

During this trying time, a group of management companies of large shopping centers in Ukraine supported the business of its partners by providing rent-free vacation for the entire period of forced downtime.

The app of a Viennese start-up perfectly organizes a mall’s facility management– even in times of crisis.

Unibail-Rodamco-Westfield (URW) Germany is now working together with Zalando within the framework of the Connected Retail program. The partnership enables URW to connect to Europe’s largest online fashion platform, reach new customers through Zalando and improve inventory turnover at participating brands.

Propel by MIPIM 2020, (previously PropTech Europe), the leading European business event for the real estate and innovation ecosystems, has been rescheduled to September 14-15 due to concerns related to the coronavirus.