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The number of visitors to Germany’s retail locations in city centers, shopping centers and retail parks declined dramatically as COVID-19 took hold around the end of February. But Germany’s retail scene has been recovering since the end of the lockdown, although retail locations in mid-sized and especially smaller metropolises have fared significantly better than those in larger metropolitan areas. This is apparent in visitation frequency numbers, which GfK has been compiling since the beginning of this year.

How to shape the future!

Sloane Stanley announces The Sustainable Pop-Up, has launched at 320 King’s Road, within Chelsea’s iconic shopping destination; whilst sustainable clothing and lifestyle brand, Vilshenko, have upsized to a 1,298 sq ft unit at 336 King’s Road.

Atrium European Real Estate sold 5 retail assets („Tyrion portfolio”) to Metropol Group. The seller was represented by Avison Young and JLL investment teams throughout the transaction.

Known worldwide for its iconic designs and sustainability leadership, last winter Timberland unveiled its new “purpose-led place” store environment in select cities around the world, including New York, London, Philadelphia and Shanghai. The retail industry has taken notice.

CBRE Global Investors has announced the significant completion of a key milestone, the raising of the angel wing sculpture, as part of the centre’s £16m refurbishment plans at Angel.

The powerful and rigorously realized concept of ALEJA shopping center in the Slovenian capital of Ljubljana, which was integrally designed with BIM by ATP, has created the perfect platform for around 80 shops.

The final stretch for Cano has been reached: The construction work for the new shopping center in Singen, in the south of Germany, is running precisely as scheduled and the opening date has now finally been set.

JLL summarizes conditions on Poland’s retail market at the end of H1 2020.

First half of 2020 saw a record high investment activity with EUR 3.5 billion of investment transactions closed, including pending transactions at final stage. Although this has been a 30% better result than during the corresponding period last year, achieving this year a similar result to record-breaking volume of EUR 7.8 billion registered last year may be difficult – according to Avison Young.

The opening of Colosseum Mall in Bucharest, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic.

The owner-managed RATISBONA Handelsimmobilien Group has realised almost 16,000 sq m of retail and commercial space in the first half of 2020.

Planning permission has been granted for the £250m replacement of Crompton Place shopping centre with a mixed-use, masterplan-led redevelopment of this strategically important town centre site, which lies at the heart of Bolton Council’s £1.5bn plans for the town centre.

Global real estate services firm Cushman & Wakefield has been named the Best CEE/SEE
Retail Real Estate Agency at the HOF Awards & Forum.

“Is he unteachable? Or is Dr. Will actually stuck in a repeating time loop with his tenant survey SCPR 2020, just like the misanthropic weatherman Phil Connors in the popular comedy ‘Groundhog Day’?”

Ingka Investments, the investment arm of Ingka Group (owner and operator of 381 IKEA stores) announces that a purchase agreement to acquire prime real estate in the heart of Paris has been signed. The space will be used by IKEA Retail France and the total investment is 130 million euros.

Up at The O2 has announced it will officially reopen its doors on 4 July offering a more intimate and memorable experience than ever before and with enhanced health and safety measures in place. In line with social distancing guidelines, each climb has been reduced to less than half the capacity previously in place (from 30 to 10 people), giving a more exclusive experience to visitors.

Chapman Taylor is creating the masterplan for an innovative new urban district adjacent to King Abdulaziz International Airport in the Saudi city of Jeddah.

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