Daily Archives: April 8, 2020

A group of management companies of large shopping centers in Ukraine will provide rent-free vacation

“The situation is unprecedented and there are no solution algorithms. It’s time to prioritize and act,” said Andriy Ioanno, CEO of a group of companies that includes the chain of Arax shopping centers and Oasis shopping mall in Khmelnitsky. “Yes, our … Continue reading

Opening of AFI Brasov postponed

The corona crisis has a substantial impact on the world economy and therefore also on the European retail real estate industry. With this in mind, it is only logical that openings of shopping centers are postponed. For example, Aleja in … Continue reading

“There will also be winners and new business models will emerge”

ACROSS: What effects does the corona effect have for umdasch The Store Makers in operational terms?  SILVIO KIRCHMAIR:Of course, the Corona pandemic will have a considerable impact on us as well. Neither the closed stores, nor those that keep the … Continue reading

Effects of COVID-19 in the Hungarian retail sector

By Gyula Gyalay-Korpos The virus has struck the whole of Europe mercilessly and all countries are facing the same problem of trying to prevent the virus from spreading further quickly. The only difference is how the various governments had reacted, … Continue reading