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The app of a Viennese start-up perfectly organizes a mall’s facility management– even in times of crisis.

Unibail-Rodamco-Westfield (URW) Germany is now working together with Zalando within the framework of the Connected Retail program. The partnership enables URW to connect to Europe’s largest online fashion platform, reach new customers through Zalando and improve inventory turnover at participating brands.

In these times of crisis, we at ACROSS listen very closely to what the industry is doing, feeling, and thinking. We gathered some substantial opinions from industry experts and compiled them in the ACROSS special issue “Covid-19”. This issue is available for download here and also via our new e-paper app.

Representatives of the shopping and entertainment mall development industry addressed a collective open letter to the authorities to initiate an urgently needed dialogue regarding consolidation of actions.

“Let’s create and open a virtual Madrid, Paris, Budapest, Vienna, Munich, Milan or Venice for our avatars, virus-free, with the recovered turquoise lagoon, a crowded Piazza San Marco, hundreds of flying doves, etc.”

Standort + Markt published a second estimate, which focuses on stationary retail‘s anticipated, daily, average loss of revenue at all Austrian shopping places. The results provide solid guidelines for the European retail real estate market in general.

Many fashion retailers suspend their lease payments because their stores are shut down due to the corona crisis. Even H&M Germany is not paying rent for its 460 stores anymore.

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The Netherlands and most other European countries are forecast to be pushed into recession this year by the impact of the coronavirus pandemic.

The ECE centers – like the entire retail trade and large parts of the economy – are massively affected by the effects of the corona crisis.

Retail intelligence experts Springboard revealed that we are starting to see the true impact of Coronavirus on consumer activity.

IKEA Austria just delivered 50,000 urgently needed protective masks to doctors and hospitals. 20,000 surgical face masks went to the SALK hospitals in Salzburg, another 30,000 will be put to good use at registered doctors by the Viennese Medical Chamber.

Based on preliminary figures, shopping center investor Deutsche EuroShop closed financial year 2019 with good operating figures that partially met or exceeded forecast. However, the financial implications for the 2020 financial year of the continued spread and unpredictable duration of the corona virus pandemic cannot be quantified at this stage.

Temporary declines in rental income from the retail business should be largely offset on a cash flow basis by the cost savings programme currently in progress. VIVO! and STOP SHOP demonstrate their relative competitive strength in a difficult market environment with a high share of goods for everyday needs and generally low facility costs.

Mipim was just the beginning. Mapic Italy (including “The Happetite”), Mapic Russia, Magdus, etc. are following.