Advertisement
Facebook Linkedin Rss
ACROSS

Search Results for: european retail – Page 19

EPP expands its Executive Management Team

JSE-listed EPP announced the appointment of Agata Sekuła as the company’s Executive Management Team Member responsible for sales and acquisitions. Agata will join EPP from 1 March 2021 and be responsible for executing the EPP’s divestment and investment plans, with particular focus on acquiring institutional co-investors for EPP’s retail portfolio.

VIA Outlets and NEINVER awarded 5 star rating in 2020 GRESB benchmark

Both, VIA Outlets and Neinver have been awarded a 5 Star Rating in the 2020 GRESB Real Estate Assessment. The highest GRESB score available, it is a recognition for being an industry leader of sustainability and represents entities placed in the top 20 percent of the benchmark.

VIA Outlets awarded 5 Star rating in 2020 GRESB Benchmark

VIA Outlets – Europe’s fastest growing owner-operator of premium fashion outlet destinations – has been awarded a 5 Star Rating in the 2020 GRESB Real Estate Assessment. The highest GRESB score available, it is a recognition for being an industry leader of sustainability and represents entities placed in the top 20 percent of the benchmark.

Cold Kitchen

Empty food courts, declining sales figures, stricter hygiene regulations, and shortened opening hours have created problems for gastronomy operators within shopping centers. As a result, alternative interim concepts are in high demand.

The urgency of getting «localism-on-steroids»

Many on the European continent seem to think that we live in a free world, underpinned by free market economics, and that our comparative wealth is unassailable. But the market that we now operate in is anything but free. Retail is perhaps the sector in which this is most searingly obvious. It all boils down to this: Between which entities should money flow take place? The trick must surely be to ensure that the money flow stays here. But how do you compete with global e-commerce?

People in move

Recruitments, promotions and appointments…

Lidl enters Homepark Targówek in Warsaw

Pradera European Retail Parks, the owner of HOMEPARK retail parks, has signed a lease agreement with Lidl. The retailer’s 2,000 plus sq m store will be located in Homepark Targówek in Warsaw.

Multi appoints new Director Asset Management

Multi Corporation is pleased to announce the appointment of Diederik Bakker as Director Asset Management, effective 1 July 2020. He will be responsible for Multi’s asset management activities in the Netherlands, Belgium, Germany, Ireland, Portugal, Spain and UK.

The consequences of the lockdown

“Now, ULI Europe’s latest report, ‘Reshaping Retail–Accelerating Change’, forecasts that the impact of Covid-19 will accelerate the restructuring of the retail property sector, even more so in the United Kingdom.”

Remaining optimistic

However, according to Otto Ambagtsheer, CEO of VIA Outlets, the way in which customers shop will change, at least on a temporary basis. For example, in some of the company’s markets, they will not be able to let guests try on clothes before they buy them, and clothes that are returned will need to be quarantined for three days.

Opening of AFI Brasov postponed

Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.

#placemaking

The industry’s magic word that is supposed to upgrade locations and make them future-proof.

Outlook 2020

The retail real estate industry is looking toward 2020 with cautious optimism. Uncertainties remain, however.