The extensive construction work on the 46,000 sq m Potsdamer Platz Arkaden has now begun and is expected to take two years. Brookfield Properties, the asset manager of Potsdamer Platz, and center operator ECE have added Mercato Metropolitano (MM), a pioneer of sustainable community markets from
London, as a new anchor tenant for an area of around 4,400 sq m. At Potsdamer Platz in Berlin, Mercato Metropolitano is opening its first location in Germany.

Klépierre reports that the vast majority of its shopping centers have reopened in Europe.

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

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, 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 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 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.

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 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 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.”