Citycon’s rent collection remains strong at 93% for September
Citycon’s rent collection continues to be strong at 93% for September and overall Q3 of 92%. Combined with increased collections from prior months the YTD collection number is 94%.
“The figures show that our portfolio continues to benefit from both its tenant mix and the markets in which we operate. Our necessity-based community centres are located in densely populated urban areas with direct connections to transportation, which creates a natural flow of visitors to the centres. During the pandemic, shopping locally has become more important which has benefited the centres”, says F. Scott Ball, CEO at Citycon.
The first collection of premium brands has been unveiled for McArthurGlen Designer Outlet West Midlands, marking an exciting milestone in the £160 million development that will be the UK’s newest major fashion and leisure destination when it opens in early 2021.
Europe’s leading designer outlet group, McArthurGlen, has announced that its long-serving CEO, Julia Calabrese, will assume the new role of Vice Chairman. Susie McCabe and Joan Jove will succeed her as Co-CEOs.
Tokmanni, Finland's largest general discount retailer, will open its comprehensively renewed store in Hamina on Thursday 29 October 2020 at 8 am. The opening of the modern and more attractive store will feature many special offers and Tokmanni’s popular free buckets filled with product gifts. Tokmanni will, naturally, ensure a safe shopping experience also at its store opening events.