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pbb Deutsche Pfandbriefbank has extended an investment loan facility in the amount of €89.7 million to the European Outlet Mall Fund, a real estate fund managed by Nuveen Real Estate, one of the largest investment managers globally, for the financing of phases 1,2 and 5 of “Designer Outlet Parndorf” centre near Vienna. pbb acted as arranger, lender, agent, and security agent under the facility.

Recruitments, promotions and appointments…

Since opening their doors on June 15, The Boulevard, Banbridge and The Junction, Antrim, two of Northern Ireland’s largest out-of-town retail schemes, have enjoyed a significant rise in footfall comparable to the same period in 2019 and unlike many high streets, this hasn’t dipped dramatically as the novelty of being out wears off.

MAPIC will be held at the Palais des Festivals in Cannes from 17 to 19 November, 2020. Its theme of Embracing Collaborative Retail, along with the entire programme, has been designed to support and give an extra boost to the international retail property industry, which has been hit hard by the current health crisis.

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.

The certifications are part of the “Shop Safe, Stay Safe” programme, an initiative the company has launched throughout its European portfolio. Neinver is committed to minimising the risk of Covid-19 transmission in the centres it operates

Consumers in Ukraine will have more options to enjoy better and safer shopping standards, following the opening of new food stores by the country’s major retailer, Fozzy Group, supported by the EBRD.

The need for marketing, centre operations and leasing teams to work together to help their destinations recover faster and stronger from the COVID-19 crisis is paramount. Coniq has written this practical how to guide following numerous conversions with clients and partners so your pre- and post- reopening plans are a huge success.

Ingka Centres, the shopping centre division of Ingka Group, announced that it has successfully reopened 15 of its 38 worldwide Meeting Places that had temporary closed as a result of the COVID-19 pandemic. All of its malls in Poland, France, Czech Republic, Switzerland and Croatia have reopened since April, joining centres in China and Germany which re-opened in April.