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THE LATEST PLACEMAKING NEWS

NEINVER is reopening its five outlet centres in Poland today under strict health and safety measures and with over 80% of their shops open. The FACTORY centres in Warsaw, Krakow, Gliwice and Poznan have implemented reopening plans in close coordination with the brands and authorities to ensure the maximum safety of employees and visitors.

The Management Board of LPP decided to withdraw from some of the contracts concerning the lease of space in shopping centres in Poland. The contracts concern approximately 29.5% of the total retail space used by LPP Group. The decision is driven by the concern for the company’s interest in the face of the effects of the COVID-19 pandemic on trade.

Haben wir eine Lösung ? … oder werfen wir weiter mit Paragraphen um uns ? – Mieter und Vermieter in der Diskussion.“

In the early fall, the French fashion label Ba&Sh will be opening its first independent concept store in Sweden in Hufvudstaden’s property at Jakobsbergsgatan 3 in Bibliotekstan in Stockholm.

Sponda has appointed Katja Holmström as Director, Retail and a member of the company’s Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda’s Retail business.

Trei Real Estate GmbH (Trei), a property developer and property asset holder for residential and retail real estate, relocated from Mülheim an der Ruhr to Düsseldorf today. The real estate company had secured its new premises of around 2,400 square metres in the recently completed “Airport Office Six” property in September 2019.

AG Real Estate, which owns and manages, among other properties, 7 shopping centres representing ca. 300,000 sq m of retail floorspace, is very sensitive to the difficulties faced by retailers. Aware of its role as a retail property manager, it is adopting a policy to support its Retail clients.

Thomas Wels will be responsible for the development of PATRIZIA’s growing and diversified platform business and support the expansion into new business areas and international markets.

Covid-19 will sustainably change the European retail, retail real estate, and placemaking industry. The crisis’ dramatic impact will be felt for months, if not years. But what are the solutions we have available in this phase or reorientation? Which measures must be taken to find the way back to long-term success? It seems quite clear that, ultimately, the only chance for all stakeholders is reinforced, open, and transparent collaboration.

The Supervisory Board of IMMOFINANZ resolved upon the appointment of Ronny Pecik as member of the Executive Board of the company for three years starting with 4 May 2020. Ronny Pecik will be Chief Executive Officer (CEO).