Daily Archives: May 13, 2020

Digital Payments to Jump 45% and Hit $6.7trn Value by 2023

With social distancing rules in place, many of them have embraced contactless payments and digital wallets as a safer way to manage their money. According to data gathered by AksjeBloggen, the global digital payments market is expected to continue rising in the … Continue reading

Galeria Karstadt Kaufhof announces store closures

During the time of the complete shutdown, the company allegedly lost more than half a billion in revenue. Galeria Karstadt Kaufhof has not yet disclosed to the news agency dpa how many stores will be closed. The trade union Verdi … Continue reading

Movement at Potsdamer Platz Arkaden in Berlin

The comprehensive construction works at the 46,000-sq m Potsdamer Platz Arkaden in Berlin have begun. After the refurbishment process, which is expected to take two years, the arcade will reopen with an entirely new concept. The tenant mix of the … Continue reading

SIGNA: Construction for the revitalisation of the Alte Akademie in Munich has started

Construction has commenced on the revitalisation of the Alte Akademie in Munich’s city centre. After several years of technical discussions and an agreement on a forward-looking, careful renovation of this traditional property, work on the ensemble’s interior has begun. “With … Continue reading