Covid-19 crisis: Now what? Do we have a solution?

Or will we keep hiding behind our contracts? A discussion with landlords and tenants.

EBRD supports expansion of Ukraine’s Fozzy Group

Consumers in Ukraine will have more options to enjoy better and safer shopping standards, following the opening of new food stores by the country’s major retailer, Fozzy Group, supported by the EBRD.

Vastned announces strategy update

Vastned, the listed European retail property company focusing on 'venues for premium shopping', announces an update to the present strategy. The update will be revealed in February 2021 at the publication of the 2020 annual results.

Westbridge renews the energy supply for the shopping centre “Passage Corridor“ in Veenendaal

Westbridge Advisory International AG has restructured the electricity and natural gas supply contracts for the Dutch shopping centre “Passage Corridor” in Veenendaal on behalf of an international real estate investor at the end of March 2020.

SES Now Operates Five Large-scale Shopping Centers in Slovenia

SES Spar European Shopping Centers, Austria's market-leading shopping center operator, opened ALEJA Center in Ljubljana on Wednesday, 20 May 2020. The 150 million euros investment serves as a mixed-use shopping and leisure hot spot.

People in move

Recruitments, promotions and appointments...

NREP strengthens leadership by signing new partner as COO

NREP taps Henrik Skak Bender as new COO and partner. The former Group CFO at WS Audiology joins NREP to strengthen the leadership team at a time where focus on culture, performance and people is key for realizing an ambitious 2025 growth plan.

Meyer Bergman on track to create €2bn pan-European last-mile logistics platform

Meyer Bergman is creating a €2 billion platform allowing institutional investors to tap into surging demand for last-mile distribution centres, with the launch of Crossbay.

intu appoints James Saunders as new Chief People Officer

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.

Creative use of space: IPH Centermanagement opens Germany's highest drive-in cinema in Ulm

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 opens nearly half of its global malls as COVID-19 restrictions lift worldwide

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.

New appointment in Newsec's Capital Markets Team in Finland

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.

NEINVER announces the reopening of Roppenheim The Style Outlets in France

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

Completion of Disposal of intu Puerto Venecia

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 successfully reopened its centers in Belgium and France

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.

Digital Payments to Jump 45% and Hit $6.7trn Value by 2023

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

Galeria Karstadt Kaufhof announces store closures

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

Movement at Potsdamer Platz Arkaden in Berlin

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

SIGNA: Construction for the revitalisation of the Alte Akademie in Munich has started

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

Institutional investors like Allianz Real Estate and Credit Suisse optimize their operational structures with iMallinvest Europe

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.