May 2020

intu has appointed a chief people officer to its executive team to bring a new focus to its people strategy as part of intu’s five-year strategy.

In times of social distancing restrictions due to the corona crisis, the Blautal-Center Ulm is breaking new ground in creatively repurposing spaces and increasing frequency.

Ingka Centres, the shopping centre division of Ingka Group, announced that it has successfully reopened 15 of its 38 worldwide Meeting Places that had temporary closed as a result of the COVID-19 pandemic. All of its malls in Poland, France, Czech Republic, Switzerland and Croatia have reopened since April, joining centres in China and Germany which re-opened in April.

Toni Perätalo has been appointed as Head of Client Relations and Sales in Capital Markets team as of May 1, 2020. Toni returned from parental leave to his new assignment.

France becomes the third market where NEINVER is reopening its outlet portfolio, after Germany and Poland.

Following the announcement on 20 December 2019, intu properties plc has now completed the sale of its interest in the intu Puerto Venecia shopping centre to Generali Shopping Centre Fund S.C.S. SICAV-SIF and Union Investment Real Estate GMBH.

Wereldhave N.V. announces it has successfully reopened all of its centers in Belgium and France. The whole portfolio is now open again, as all centers in the Netherlands have remained open for most business over the past months.

Coronavirus has caused a significant impact on the way consumers shop and make payments.

In a letter to its employees, management cites the consequences of the corona crisis as the reason.

Refurbishment works have begun, local suppliers remain unchanged. The arcade is scheduled to reopen in two years.

Completion with an investment volume of over 400 million euros planned by 2023.

In its role as specialist advisor for institutional retail real estate investors, iMallinvest Europe GmbH has developed its services further to meet the dynamic demand of its clients.

Shopping centres were reopened on 4 May. This is an indication that there’s light at the end of the tunnel for landlords and tenants, but the ongoing pandemic will have an enormous impact on the entire retail industry. Sylwia Wiszowata-Łazarz and Joanna Kłusek from global real estate services firm Cushman & Wakefield talked about the current market situation, changing consumer habits and what actions to take to ensure a safe return of shoppers to brick-and-mortar stores during the webinar “Disconnect to Reconnect – About retail in the new reality”.

The corona pandemic and the accompanying measures to contain the virus had a serious impact on Germany’s consumer mood in April, according to the latest GfK study “Covid-19 Consumer Pulse.”

Shopping centres Almada Forum and Armazéns do Chiado, managed by Multi Portugal, are nominated for the Marketeer Awards Portugal 2020 in the category ‘Large Commercial Spaces’.

MGVM, has published a study on the impact of COVID-19 on the property management sector. One of the data highlighted in the document is the influx of customers in shopping centres. Compared to the same period in 2019, the number of people visiting shopping centres has been reduced by 93%.

IKEA Retail (Ingka Group) is guided by a vision to create a better life for the many people. Now more than ever, Ingka Group wants to put its values into action to help co-workers and customers adjust to the new realities of life.