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Search Results for: retail real estate development – Page 10

Business closures and rent losses in the coronavirus crisis have made banks even more cautious about retail properties and shopping centers. In the case of refinancing, portfolio holders have to calculate with higher interest rates and additional equity.

Sponda has appointed Katja Holmström as Director, Retail and a member of the company’s Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda’s Retail business.

“The only good news for stationary retail is that the “digital natives” (can) seize their opportunities only to a certain extent.”

“Sustainability is no longer optional in retail, with a third of consumers choosing to buy brands based on their social and environmental impact and expecting the sector to act upon their social and sustainability commitments and goals.”

“The slogan of our current city administration, headed by the Five Star Movement, a populist party, is ‘decrescita felice’ (‘happy reduction’), which serves as a clear sign that their objective definitely does not include the growth of the city.”

At the beginning of October, Union Investment and ACROSS invited leading industry experts to Hamburg to discuss the present as well as the future of retail parks. The following is a brief review.