The European Parliament launched the “green recovery alliance” on April 14 in response to calls from several EU environment ministers seeking green recovery from the unprecedented coronavirus outbreak. The COVID-19 outbreak has impacted people and businesses around the globe. Ingka Group, owner and … Continue reading
By Maxim Karbasnikoff The Russian retail market was still in a recovery phase after the economic downturn of 2014 when the Covid-19 pandemic broke out. At the end of March, like in most countries, Russian retail outlets had to shut their doors–with … Continue reading
Rental payments of around 70% received in April 2020 The business closures ordered by the German government are currently affecting tenants who contribute around 30% of the current rental income of the DKR real estate portfolio. This includes tenants with … Continue reading
The #property4heroes initiative is an expression of gratitude from developers, investors and property owners for the hard work of physicians, nurses, supporting personnel and paramedics. Normally they compete, but in the face of coronavirus they are joining forces to help. … Continue reading
The company has been responding to the needs voiced by more and more hospitals, not only from Pomerania and Małopolska regions, but from all over Poland. When the number of persons infected with the coronavirus started to increase along with … Continue reading
Cooke, who takes up the newly created role with the company on 5 May 2020, has been brought in specifically to lead the continued strategic expansion of the award-winning technology and marketing innovation company. Cooke’s appointment also includes a seat … Continue reading
It is hardly surprising that Germany’s consumer climate, which comprises the economic climate, income expectations, and buying mood, is crashing. And the results are even more substantial than during the financial crisis twelve years ago. GfK’s consumer climate index was … Continue reading
By Roman Schwarzenecker “You are well past your prime,” sings Austrian singer Rainhard Fendrich in his popular song “I Am From Austria”, which became synonymous with the first weeks of quarantine in Austria. However, this line also works for stationary … Continue reading
This deal has a rental value of SEK 310 million and more than 100,000 m2 letting area, and was conditional on the approval of the Swedish Competition Authority. The Swedish Competition Authority has now issued its approval of the transfer of Farsta … Continue reading
Wembley Park Market, London’s newest indoor market, has responded to the current challenges resulting from COVID-19 and has now launched an online delivery service. Home to a number of independent brands, merchants and makers, the delivery service provides a range … Continue reading
Christoph Stadlhuber, CEO Signa Real Estate Austria: “The project in St. Pölten is close to our hearts, and we’re pleased that we’re now entering the concrete planning stages. The Covid-19 crisis had no impact on the planning of our real … Continue reading
By Yurdaer Kahraman Crisis don’t last forever. This corona crisis though can be seen as a challenge without precedence in the history after the Second World War, as most aspects of society such as health, economy, education, and social life are … Continue reading
By Thomas Mark Landlords and tenants in the retail real estate sector are facing an unprecedented challenge in the face of the coronavirus pandemic. Not only do they need to weather the current storm, but they need to return stronger … Continue reading
ACROSS: Will the current crisis strengthen the online retail sector? HANNU KÄKI:I see this can be also an opportunity for the so-called traditional retail environment. First, the landlords and retailers will learn to cooperate to overcome external threats like covid-19 … Continue reading
By Rabia Shihab What we are going through these days is unprecedented. Unprecedented in its worldwide collective scale turbulence to the fundamental texture of many long-lasting conceptual conventions which will inevitably have a noticeable impact to an extent that is … Continue reading
At a time when the world of work faces an unprecedented health and economic emergency, Auchan Retail, Carrefour and UNI undertake to communicate and work together to share best practice to prevent risks arising from Covid-19. Together, they agree to … Continue reading
Yliniemi has more than 15 years of experience in the retail sector and the shopping centre industry. She has been employed by Citycon for 10 years, since 2010. Prior to being appointed Vice President, Operations Development, Yliniemi held the position … Continue reading
Due to the COVID-19 pandemic, Unibail-Rodamco-Westfield has implemented partialactivity measures in various countries to protect its employees, preserve employment where possible and to allow a swift return to full capacity as soon as health and safety conditions permit. As a … Continue reading
The Realty event’s organiser Easyfairs Belgium has decided to cancel this year’s edition due to the unprecedented situation caused by the COVID-19 virus and amid growing uncertainty about whether the summit could take place in September. Last week the aldermen’s … Continue reading
IKEA touches the lives of millions around the world and every aspect of Ingka Group business is driven and inspired by the IKEA vision: to create a better everyday life for the many people. On March 27, Ingka Group announced a … Continue reading
