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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.

Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, published an update on the situation caused by the COVID-19 virus.

Eurocommercial is very appreciative of the impact of these unprecedented measures on its tenants and expects to grant temporary support to a number of them.

The public opening of the ALEJA shopping center, which was originally scheduled for March 19, 2020, will be postponed.

Despite this challenging environment and the current difficulty in estimating the impact on Klépierre’s full-year earnings, the Group reaffirms it has a solid balance sheet and sufficient committed revolving credit facilities to cover its liquidity needs.

The conversion has started, the opening is scheduled for autumn 2020.

LAND OF FASHION is the umbrella brand of the Italian outlet villages, Franciacorta, Valdichiana, Puglia, Mantova and Palmanova.

ECE is acquiring a portfolio with more than 2,000 units.

Sierra Prime is a €1.8Bn strategic joint venture invested in prime Iberian shopping centres.

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Peter Tonstad as its new member.

Financing package of €52.5 million to include training for young people.

Unibail-Rodamco-Westfield (URW) will build the three planned hotels (Pullman, Novotel & ibis Styles) in Westfield Hamburg-Überseequartier in cooperation with the travel and lifestyle group Accor and the real estate developer B&L Group. From end of 2022, the Accor hotel brands Pullman, Novotel and ibis Styles will open around 830 rooms in the mixed-use district on the river Elbe.

Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m.

On February 13, the eagerly anticipated McArthurGlen Designer Outlet Málaga opened to the public. The first of its kind in the south of Spain, the new designer outlet offers both local and international visitors an extraordinary shopping experience, combining fashion, culture and entertainment, all in a beautiful setting with savings of up to 70%.

Silesia Outlet in Gliwice, Poland, is set to join the FACTORY brand, the leading platform of outlet centres in the Polish market, changing its name to FACTORY Gliwice.

LGIM Real Assets (a division of Legal & General Investment Management) announces that it has appointed Shuen Chan as Head of ESG as it continues to establish itself as a global leader in responsible investment.

The first two panels last year were very successful. There are four “ACROSS Retail Talks” planned for this year. The first one will be with Marcus Wild on May 27 in Vienna.