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Collaborated with New Covent Garden Market and Bread Ahead to provide fresh produce and bread.

During this trying time, a group of management companies of large shopping centers in Ukraine supported the business of its partners by providing rent-free vacation for the entire period of forced downtime.

The app of a Viennese start-up perfectly organizes a mall’s facility management– even in times of crisis.

Despite continued strong growth in recent weeks in the webstores of Stockmann and Lindex, the online sales growth cannot compensate for the drastic decline in customer volumes in the current exceptional situation.

After being criticized for its decision to defer rental payments, Adidas apologized for saying it would halt rent payments for retail locations globally that had to shutter due to COVID-19 lockdowns and that it would pay for April.

The investor has invested half a billion, says company doctor Geiwitz. The German bankruptcy contingency fund pays 28,000 employees for three months. The corona crisis threatens the future of the department house group Galeria Karstadt Kaufhof, which is owned by the Austrian large-scale investor René Benko.

The department store group Galeria Kaufhof and Karstadt is in trouble.

Requests for funding are being submitted to the German Reconstruction Loan Corporation. Allegedly in the amount of 2 billion euros.

Standort + Markt published a second estimate, which focuses on stationary retail‘s anticipated, daily, average loss of revenue at all Austrian shopping places. The results provide solid guidelines for the European retail real estate market in general.

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.

Based on preliminary figures, shopping center investor Deutsche EuroShop closed financial year 2019 with good operating figures that partially met or exceeded forecast. However, the financial implications for the 2020 financial year of the continued spread and unpredictable duration of the corona virus pandemic cannot be quantified at this stage.

LPP will provide isolation hospitals with face masks worth PLN 1 million – the first batch of 3300 pieces has already been delivered to the isolation-only hospital in Gdańsk.

Due to the Covid-19 situation the H&M group will temporarily close all its stores in Germany (460*) from March 18, based on decisions by the German authorities. In addition, the group is also closing all its stores for two weeks in the US (590*), Canada (96*), Portugal and Belgium from March 17.

China is fighting hard with the economic consequences of the coronavirus pandemic, as the country’s industrial production shrinks for the first time in three decades.

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.

“Torbjörn Lööf, who has successfully led Inter IKEA Group, headed by Inter IKEA Holding B.V., for the last seven years, has decided to end his assignment,” says Anders Dahlvig, chairman of Inter IKEA Holding B.V. “His successor will be Jon Abrahamsson Ring, who today leads IKEA franchising.”

Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m.