Monthly Archives: March 2020

Art-Invest Real Estate wins international fashion brand UNIQLO for store at Alter Wall Hamburg

Art-Invest Real Estate was able to win the globally successful Japanese fashion brand UNIQLO for a store atAlter Wall in the city centre of Hamburg. The conversion in the historic front building Alter Wall 2 has already begun, and the opening is scheduled for autumn … Continue reading

Castle Park View in Bristol shortlisted for “Development of the Year” at the 2020 RESI Awards

Organised by Property Week magazine, the RESI Awards recognise the best residential developments across the UK. The awards ceremony, which brings together leading developers, designers, house builders, operators, investors, agencies and local authorities, will take place at Grosvenor House in London on … Continue reading

The Economic Impact of the Coronavirus Crisis

Dear Reader, The corona-crisis has a tight grip on the entire world right now. In most of Europe, public life has almost grinded to a halt. This crisis’ social and economic impact is hard to predict today. However, one thing … Continue reading

H&M Foundation donates USD 500,000 to COVID-19 Solidarity Response Fund

The aim is to ensure all countries are prepared, especially those with the weakest health systems. The UN Foundation, at the request of World Health Organization (WHO), has created the fund which already has some major early supporters lined up … Continue reading

Wereldhave: Update on Corona-virus impact

In Belgium it was announced on March 13, 2020 that non-essential stores are closed during the weekends, for now until April 3, 2020. In France, starting March 15, 2020, all non-essential stores are closed throughout the country. In the Netherlands, … Continue reading

Unibail-Rodamco-Westfield provides market update on the impact of COVID-19

URW’s primary focus is now on protecting the health and safety of its employees, tenants, and visitors, and the Group is carefully monitoring the latest health guidelines issued by the World Health Organization, national, regional, and local governments and adapting its … Continue reading

Change, Do Not Proceed As Usual

By Christine Hager As early as the Olympic Games in ancient Greece, people gathered together to measure their strength against one another via athletic competition. The winners were ultimately crowned with golden laurel wreaths. The Olympic oath, on which the … Continue reading

Lifestyle Outlets rebrands Lowry Outlet as part of £26 Million developement to Quayside MediaCityUK

“Quayside MediaCityUK” will be home to ITV’s I’m A Celebrity Jungle Challenge – a first of its kind immersive attraction opening in Autumn 2020 alongside a recently redeveloped state of the art all recliner Vue Cinema, Virgin Active and “The … Continue reading

Atrium Ljungberg sells Farsta Centrum for SEK 4 billion

“Atrium Ljungberg’s focus is on developing attractive urban environments offering a mix of offices, retail, residentials, culture and education. We currently have an extensive project portfolio, enabling us to invest as much as SEK 32 billion in our own properties … Continue reading

M1 Kraków Shopping Centre in Poland wins international BREEAM award

“Sustainability is one of  Metro Properties Guiding Principles therefore we are very proud not only to receive BREEAM certifications but also an international BREEAM award for our M1 shopping centre in Kraków. We are delighted and impressed by the continuous, … Continue reading

Eurocommercial Properties: Coronavirus impact on Italian retail

This will impact the shops in our eight Italian shopping centers, namely Carosello, Collestrada, Cremona Po, Curno, Fiordaliso, I Gigli, I Portali and Il Castello. Since the initial trading restrictions were imposed over the two previous weekends in Lombardy and … Continue reading

Bringing wellbeing to the forefront of retail destinations

By Neil Barber Europe has the largest health and fitness market in the world, with a value of over €23.5bn. People living in Switzerland pay the highest average monthly gym membership, followed by consumers in Ireland and the UK. It … Continue reading

EPP delivers on-target earnings for the fourth consecutive year

This is EPP’s fourth successive year meeting its earnings guidance. Importantly, EPP also advanced its key deleveraging strategy, reducing its loan-to-value ratio by 1.9% to 50% with a low average cost of debt of 2.5%. The strong Polish economy supported … Continue reading

Designer Outlet Kraków: the new outlet shopping destination for Kraków and the Małopolska region

On March 5th, during a meeting with the tenants of KG Group – the Kraków investor and developer realizing the outlet center at Nowohucka Street – unveiled the new brand name, concept and architecture of the mall for their former … Continue reading

Ada Walentek has become General Manager of Ceetrus Poland

Ada Walentek has been promoted within global structures of Ceetrus company and currently has become general manager of the company. She has been working for Ceetrus since 2015 and until February 2019 she was Operations Leader for Poland. Before that … Continue reading

Shopping Center Performance Report by Ecostra: Fake News or a Scientifically Recognized Method?

By Wolf-Jochen Schulte-Hillen, SHSelection To put it quite clearly: I consider the claim that it is possible to measure the performance of shopping centers on the basis of the method used by Dr. Will and subsequently list them in a … Continue reading

Shopping Center Performance Report by Ecostra: Fake News or a Scientifically Recognized Method?

By Wolf-Jochen Schulte-Hillen, SHSelection To put it quite clearly: I consider the claim that it is possible to measure the performance of shopping centers on the basis of the method used by Dr. Will and subsequently list them in a … Continue reading

A new beginning with a new name

An interesting regeneration project has taken a step forward. During public consultation events at the end of November 2019 in Bolton, proposals were presented for the £250 million replacement of Crompton Place shopping center. The mixed-use, urban design-led scheme, provisionally … Continue reading

Hammerson unveils next stage of Grand Central transformation

The latest works will create an enhanced sense of arrival in Grand Central with a new double-height atrium to complement the first phase. Finished in November last year, the initial investment included an innovative lighting installation in the ceiling to … Continue reading

Kyiv: New Heinemann Duty Free Shop opens at Boryspil Airport

Celebrating ten years of successful partnership “We are delighted to expand our presence in Kyiv and our partnership with the airport in the special year of our ten-year anniversary of successful collaboration. We are also very excited to open the … Continue reading