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ACROSS

October 15, 2020

Christmas 2020 Lies Ahead

As shopping centers and retail spaces experiment with the so-called “new normal” following months of closures, restrictions, and cancelled events, we should not forget that “the most wonderful time of the year” still lies ahead of us, and it deserves to be celebrated in style.

Yet another hurdle cleared

Modern retail stock in Romania will exceed the 4 million sq m threshold by the end of the year. Several openings were postponed due to Covid-19.

New senior hires at Scotch Corner Designer Village

The senior management of Scotch Corner Designer Village has been strengthened with two highly experienced appointments that will further strengthen the project team for the outlet and leisure destination, headed up by developer, Scotch Corner Richmond LLP.

Multi appoints new Leasing Director

Multi Corporation is pleased to announce the appointment of Benjamin Bettoun as Leasing Director, effective 15 October 2020. In his new role, Benjamin Bettoun will work closely with Scott Abbey, Leasing Director and member of the Multi HQ Management Team.

Hammerson PLC – Update on rent collection rates & disposal of VIA

Hammerson continues to prioritise the well-being of its customers, colleagues, and partners, and ensuring its destinations remain attractive and safe spaces for consumers to visit and brands to trade. As at October 14, all of the Group’s destinations are open, with 94% of the flagship tenants permitted to trade by the relevant local governments in UK and Ireland open, and over 99% in France.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
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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