Trei Real Estate GmbH just took out a long-term loan in a volume of 51 million euros through its Polish subsidiary, Trei Real Estate Poland, from pbb Deutsche Pfandbriefbank, a German specialist lender for commercial real estate finance.
The number of visitors to Germany’s retail locations in city centers, shopping centers and retail parks declined dramatically as COVID-19 took hold around the end of February. But Germany’s retail scene has been recovering since the end of the lockdown, although retail locations in mid-sized and especially smaller metropolises have fared significantly better than those in larger metropolitan areas. This is apparent in visitation frequency numbers, which GfK has been compiling since the beginning of this year.
This year’s EXPO REAL in Munich is taking place as a hybrid event from October 14 to 15, 2020.
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