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Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.

The Urban Land Institute (ULI) has announced the appointment of Anette Simpson, director of development and partnerships, Legal & General Affordable Homes, as chair of ULI United Kingdom (ULI UK). She succeeds Vanessa Hale, director of research, BNP Paribas Real Estate, and will officially begin her voluntary two-year term on 1 July 2021.

As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.

A new report from Union Investment and JLL highlights the growing grocery real estate market, with the share of European grocery real estate investment, as a proportion of total retail real estate investment, reaching 22% in 2020, up from 6% in 2016.

OUT NOW – LATEST ISSUE! ++ The New Role of Retail ++ About Mixed Used Real Estate Drivers ++ The Storm of the Century ++ Turkish Market Report ++ Westfield Mall of the Netherlands ++ and much more.

European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real-estate assets that focuses on central and eastern Europe (CEE).

Recruitments, promotions and appointments…

Europe’s food retailers are being put to the test by the eco- nomic consequences of the natural disaster Covid-19. This is a very special kind of weather situation. While non-food retailers and the food service industry are in sheer despair in the face of the calm caused by government-imposed lockdowns, the “system-relevant” food retail sector has been confronted with a veritable storm tide since the sec- ond quarter of 2020.

Landsec is pleased to announce that Manjiry Tamhane, an expert in the field of data and analytics, has today joined the Board as an Independent Non-Executive Director.

ECE Marketplaces wants to use the new luca app, which enables secure tracking of contacts via smartphone, at approximately 10,000 stores in its shopping centers across Germany. Unibail-Rodamco-Westfield (URW) Germany is also in favor of introducing the app. As do many large retailers such as Breuninger, Deichmann, KiK, and Thalia.