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JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance. Importantly, the company reduced its loan-to-value ratio by 2.1% during the period to 49.8%.

The company sells 6% of Atrium’s shares to Phoenix Insurance Company ltd., Phoenix Excellence Pension and Provident Funds ltd. at same price as it will acquire those shares as part of the transaction to acquire all remaining minority shareholder interests in Atrium.

The company published its third Corporate Responsibility Report, which provides insights into a journey towards greater sustainability in Travel Retail.

Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue.

“Things are staying the same and changing, all at the same time.”

On Thursday, June 13, 2019, Irish fashion retailer Primark opened its first store in Slovenia at Citypark in Ljubljana, attracting thousands of customers.