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In Feldkirchen near Graz, everything revolves around shoes with the highest wearing comfort for young and old on 1,200 square metres since mid-April. legero united opens the “shoemakers outlet” and unites its four brands legero, superfit, VIOS and Think! under one new roof.

Deniz Mall, the much-anticipated new retail, leisure and entertainment redevelopment concept for the former Baku Entertainment Centre, has soft opened to the public in central Baku, Azerbaijan.

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.

Designer Outlets Wolfsburg has reopened, presenting interesting new openings with Sunglass Hut and Petrol Industries. Many other stores have also been refurbished and modernized.

Chapman Taylor was appointed by P&P Group to develop a new concept for the 22,000 m2 refurbishment and extension of the old “City Center” shopping centre. With the closure of the old shopping centre in 2017, the outdated 1980s building is now being completely modernised, to be reopened in 2021 as FLAIR Galerie.

Or will we keep hiding behind our contracts? A discussion with landlords and tenants.

Completion with an investment volume of over 400 million euros planned by 2023.

Haben wir eine Lösung ? … oder werfen wir weiter mit Paragraphen um uns ? – Mieter und Vermieter in der Diskussion.“

Covid-19 will sustainably change the European retail, retail real estate, and placemaking industry. The crisis’ dramatic impact will be felt for months, if not years. But what are the solutions we have available in this phase or reorientation? Which measures must be taken to find the way back to long-term success? It seems quite clear that, ultimately, the only chance for all stakeholders is reinforced, open, and transparent collaboration.