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Neinver has appointed Stephan Fickl as the company’s new Group Leasing Director. He assumes responsibility for this area of the group at the international level and reports directly to the Managing Director.

Unibail-Rodamco-Westfield partners with Bureau Veritas to label its shopping centres for Hygiene, Safety and Environment.

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.

Ingka Group has joined an alliance of 180 political decision-makers, business leaders, trade unions, NGOs, and think tanks for a renewed commitment by all stakeholders to address the social and economic consequences of the coronavirus outbreak, in addition to the long-term climate change initiatives.

As a sign of solidarity with all employees, and with the full support of the Supervisory Board of URW, the Group CEO, Christophe Cuvillier, the Group CFO, Jaap Tonckens, and all members of the Group’s SeniorManagement Team have taken the initiative to reduce their remuneration by -25% for the period during which the partial activity measures will be in place.

Despite continued strong growth in recent weeks in the webstores of Stockmann and Lindex, the online sales growth cannot compensate for the drastic decline in customer volumes in the current exceptional situation.

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.

Requests for funding are being submitted to the German Reconstruction Loan Corporation. Allegedly in the amount of 2 billion euros.

What we are experiencing these days is unprecedented. Unprecedented in terms of the changes that will come. Unprecedented in regard to the question “how do we go on from here”, and also unprecedented when it comes to the constant as well as instant switches between optimism and sheer pessimism.

Josip Kardun has 20 years of pan-European real estate investment and management experience. He previously served as CEO of Blackstone’s largest European operating platform where he managed over €10 billion of assets across 14 countries.

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