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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 experience economy has driven changes across all economic sectors in recent years, and retail has experienced some of the most radical, yet interesting ones, opening new paths for business by interacting with other industries such as travel. Shopping tourism is showing its power as a business driver and, at the same time, it is pushing a deep transformation of the industry that will guarantee growth and development in the short and long run.

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.

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

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.

Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties and Member of the ACROSS Advisory Board, receives three to four purchase offers each month. He meticulously evaluates each offers.

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.

VIA Outlets – Europe’s fastest growing owner-operator of premium outlet shopping destinations confirms another year of impressive growth in 2019. Reinforced by the company’s continued remodelling programme and the introduction of new brands, VIA Outlets delivered exceptional figures including an 8.4% increase in its brand sales and a 6.1% increase in footfall. These results demonstrate the increasing attractiveness of an ever improving VIA Outlets portfolio and the resilience of the outlet sector compared to the headwinds faced by wider, full-price high street and retail markets.

Union Investment’s Global Retail Attractiveness Index measures the attractiveness of retail markets across a total of 20 countries in Europe, North America and the Asia-Pacific region. GRAI was developed by Union Investment, GfK and Across.

In a 50:50 joint venture, SIGNA and Central Group acquire the Swiss luxury department store chain “GLOBUS“, along with eight associated real estate properties at top inner-city locations from the Migros-Genossenschafts-Bund (MGB).