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Sponda has appointed Katja Holmström as Director, Retail and a member of the company’s Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda’s Retail business.

Thomas Wels will be responsible for the development of PATRIZIA’s growing and diversified platform business and support the expansion into new business areas and international markets.

Ylva Sarby Westman is to be the new CFO of Kungsleden. Ylva will remain the Group’s Deputy CEO. At the same time, Kungsleden’s management team will be strengthened by the addition of Fredrik Sandell, the company’s current Treasurer.

“The only good news for stationary retail is that the “digital natives” (can) seize their opportunities only to a certain extent.”

“How an old fable about the importance of unity can help center landlords and tenants thrive in the face of the coronavirus crisis.”

Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.

“After the first soft measures in early March, a curfew restriction was imposed in Hungary from March 28 until April 11. Together with the compulsory closing of all non-food shops at 3:00 PM this has had a huge impact on the retail sector.”

Propel by MIPIM 2020, (previously PropTech Europe), the leading European business event for the real estate and innovation ecosystems, has been rescheduled to September 14-15 due to concerns related to the coronavirus.

The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from the shopping centers affects more than 9,000 stores and each day when they are closed equals with between 15 and 20 million euros lost from unearned income, according to an analysis made by the real estate consulting company Cushman & Wakefield Echinox.

Under the umbrella of Croatian Employers Association (CEA), the Coordination of non-food retail and shopping centers has been organized upon the initiative of the Developers Association and Retail Association both under CEA in Zagreb on March 26, 2020.