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Search Results for: shopping center – Page 107

Recruitments, promotions and appointments…

Ceetrus announces additions to its Board of Directors and Management at a global and local level, with the appointment of two new members. Antoine Grolin, 44, an international real estate specialist, has just been appointed Chairman of the Board of Directors of Ceetrus. On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, steps in as Director of Ceetrus Portugal.

One ticket for three leisure destinations: Enjoy your summer at Autostadt, phaeno, and designer outlets Wolfsburg. On July 6, 2020, the erlebnisreif-partners Michael Ernst (Center Manager of designer outlets Wolfsburg), Claudius Colsman (Member of the Management Team of Autostadt Wolfsburg), and Michel Junge (Managing Director of Science Centers phaeton) launched two special trains in Hanover.

An active commercialization process of Galeria Wiślanka, which is being built in Żory, is underway. Lease agreements were signed by subsequent tenants: Ice Cream Parlor Lodomania and Gatta.

A 2019 review and how Black Friday has become the most important annual shopping event. All that, and more, can be found in GfK’s study on key European retail indicators.

Covid-19 has presented property owners and developers with unique challenges, and for Atterbury Europe that is compounded by having operations in three different territories: Romania, Cyprus, and Serbia. Asset manager Vlad Valcea gives some insights into the Company’s strategy.

In recent years, F&B has been hailed as the retail-centric development equivalent of a knight in shining armor; an offer that cannot be replicated online, that delivers customers an experience worth seeking-out and returning to time and again. The onset and impact of Covid-19 highlights the importance of a successful F&B strategy and the development of appealing F&B destinations that respond to how the customer of the future will shop day and night, and how mixed-use places are stitched together.

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

The shopping resort in Saint-Etienne with its about 70 shops and restaurant cannot open as planned due to the ongoing crisis.

However, according to Otto Ambagtsheer, CEO of VIA Outlets, the way in which customers shop will change, at least on a temporary basis. For example, in some of the company’s markets, they will not be able to let guests try on clothes before they buy them, and clothes that are returned will need to be quarantined for three days.

If tenants experience a substantial drop in turnover–25% or more – they can convert the quarterly advance payment of rents into monthly rents and, if necessary, can request a month by month rent deferral, provided they substantiate their request with information regarding turnover.

“The lessor & lessee relation reflected in traditional lease models we are currently familiar with will transform into partnership models where risks and benefits will be shared.”