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JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance. Importantly, the company reduced its loan-to-value ratio by 2.1% during the period to 49.8%.

Sonae Sierra will continue to be responsible for the property management of both assets.

Managing Director Markus Pinggera intends to carry out refurbishment work on all centers.

This year, Decathlon received the “Retailer Award 2019”, which has been presented 13 times in a row.

The first store of the French chain Decathlon with an area of 2500 sq m was opened in Kiev in Retail Park Petrovka, on Stepana Bandery Avenue, 15-G.

Sports retailer Decathlon opens this week, on 28th of March, a new unit within Bistrita Retail Park, the project developed by Element Development.

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year. On a like-for-like basis, i.e. after an adjustment for acquisitions, sales and completions, the number of visitors rose by 4.8% to approximately 128 million. The retailers operating in the IMMOFINANZ retail parks and shopping centers generated a year-on-year increase of nearly 5.0% in their gross sales revenues.

Cushman & Wakefield has re-hired Duncan Gilliard as a Partner in its Central London retail team to bolster its market leading offer.

Cuppedia, an international brand specialising in artisan chocolate and patisserie, is entering the UK market for the first time by opening a retail unit at intu Trafford Centre.

Another accolade for the “Digital Mall”: On January 17, ECE’s digital innovation project received the “European Innovation Retail Award 2019 (“Europäischer Innovationspreis Handel 2019”) of the German Council of Shopping Centers (GCSC) at an award ceremony in Frankfurt am Main.