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“Once this pandemic is over, our customers will be hungry for all that they were deprived of during the crisis. Brands and landlords need to be prepared to show that online shopping is just a substitute for the great experience you have while visiting shopping centers.”

“Let’s create and open a virtual Madrid, Paris, Budapest, Vienna, Munich, Milan or Venice for our avatars, virus-free, with the recovered turquoise lagoon, a crowded Piazza San Marco, hundreds of flying doves, etc.”

What we are experiencing these days is unprecedented. Unprecedented in terms of the changes that will come. Unprecedented in regard to the question “how do we go on from here”, and also unprecedented when it comes to the constant as well as instant switches between optimism and sheer pessimism.

Josip Kardun has 20 years of pan-European real estate investment and management experience. He previously served as CEO of Blackstone’s largest European operating platform where he managed over €10 billion of assets across 14 countries.

MIPIM 2020, scheduled to take place June 2-5 in Cannes, is transforming into a two-day, Paris-based gathering of real estate and technology leaders in September and a new online experience, MIPIM Connect, available year-round.

2019 was a real game-changing year for the region’s retail sector with quickly increasing turn overs, new market openings as well as first larger refurbishments. Unfortunately, the current crisis is reshuffling the entire deck.

Standort + Markt recently published a first estimate regarding the anticipated daily loss of revenue of shopping places in Austria due to the corona shutdown. Its results provide solid guidelines for the European retail real estate market in general.

It almost reminds one of the 1993 film “Groundhog Day”. The only difference is that Dr. Will, together with his management consultancy Ecostra, has only employed the recurring, annual use of mathematical calculations since 2011, with the purpose of creating a body of evidence, based on statistical methods, that would allow for a ranking of the best shopping centers in Germany to be drawn up.

It almost reminds one of the 1993 film “Groundhog Day”. The only difference is that Dr. Will, together with his management consultancy Ecostra, has only employed the recurring, annual use of mathematical calculations since 2011, with the purpose of creating a body of evidence, based on statistical methods, that would allow for a ranking of the best shopping centers in Germany to be drawn up.

FY19 was a year of acceleration for investments made by Ingka Group, a strategic partner in the IKEA franchise system, operating 374 IKEA stores in 30 countries.

Trei Real Estate GmbH, a developer and asset holder for residential and retail real estate, just opened the 16th retail park of its Vendo Park format in Poland. The retail park is located in the town of Jawor in the Lower Silesian Voivodeship.