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Citycon Oyj assesses that its prospects for 2020 have weakened and withdraws its guidance for 2020 issued on 6 February 2020. At this point, the company does not specify its direct operating profit, EPRA EPS or adjusted EPRA EPS forecast for this year in more detail due to the uncertain market situation.

The Netherlands and most other European countries are forecast to be pushed into recession this year by the impact of the coronavirus pandemic.

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

Property company Atrium Ljungberg has today signed an agreement to sell the shopping centre Farsta Centrum in Stockholm. This deal includes a rental value of SEK 310 million and more than 100,000 m2 letting area. The purchase price is based on an underlying property value of SEK 3,979 million. The purchaser is Stadsrum Fastigheter AB.

M1 Kraków Shopping Centre managed by Metro Properties Poland wins the main award in the category “Commercial project: In- Use” presented by BREEAM. The best of BREEAM 2020 awards honors exceptional sustainable places and project teams.

ROS Retail Outlet Shopping has been appointed as the management company. The opening is planned for Autumn 2021.

Ada Walentek was appointed to a position of general manager for Ceetrus Poland. With this appointment she has taken charge of company’s strategy, management and development on Polish market.

Sven Schneeweiß moves up into a leading position.

Erik Florman is to become the new Head of Sustainability at Kungsleden. He was most recently employed as group manager for sustainable business development at Skanska.

American Christmas, an MK Illumination company, is delighted to announced that 2018 Saks Fifth Avenue “Theatre of Dreams” has been awarded the Live Design “Excellence in Installation” Award for Temporary Lighting Installation.

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

The Ashford Designer Outlet extension, home to the largest living green wall in Europe, has been shortlisted for a Global RLI Award in the “Best International Shopping Centre & Outlet Centre Renovation” category.

The first salon of the optical industry leader – Vision Express – will open in Galeria Wiślanka. This shop will combine medical services and the sale of glasses and lenses in one place, ensuring professional service as well as the care of specialist doctors.

In the heart of Vienna, IKEA is establishing the most innovative city centre IKEA store in the world. IKEA Austria is going completely new ways in addressing radically changed customer and mobility behaviours. IKEA Vienna Westbahnhof will open in 2021.

The UK’s leading niche retail and leisure agent, Lunson Mitchenall, has extended its London team with the appointment of Zaz Robb. This comes shortly after Lunson Mitchenall announced an array of promotions at the firm last month.

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