Comprising 71,000 sqm of total rental space, the portfolio is fully let to OBI, the European DIY retailer on long leases. The sale follows the completion of several recent lease renewal agreements across the portfolio which has extended the WAULT … Continue reading
The special feature is a circular building complex, which has also been taken up in the store concept. A perfectly staged experience tour, in which umdasch’s store makers emphasized the identity and philosophy of the respective shoe brands both in … Continue reading
By Franck Verschelle In recent years, the climate emergency and new consumer demands have put the question of managing stocks of unsold goods in the spotlight. The current health crisis reinforces the need to study ways to recover the value of these … Continue reading
MIPIM 2020 has been cancelled due to Covid-19. The next edition will take place in March 2021, in Cannes. Paris Real Estate Week (the Week) will therefore be the first event enabling real estate leaders to make an initial assessment of the Covid-19 … Continue reading
The 17 countries are Austria, Belgium, Canada, Czech Republic, Denmark, Germany, Hungary, Italy, Netherlands, Norway, Poland, Portugal, Slovakia, UK, Spain, among others. As a part of this initiative, Ingka Group has helped country/city governments and NGOs in these 17 countries … Continue reading
Shops and public areas in the much-anticipated scheme will be open to the public, with social distancing measures in place and a requirement for visitors to wear face masks in line with government health regulations. Cafés and restaurants will remain … Continue reading
With the remainder of the Group’s centres currently planning to open by June 8 in Spain and June 15 in London, URW expects to have at least 87% of its shopping centres (approximately 80% by book value) open by June 15. … Continue reading
On May 27, 2020 at 4pm the ACROSS Retail Talks took place for the third time, putting the Covid-19 crisis front and center in two respects. On the one hand, because the event happened online. On the other the hand, because of … Continue reading
Spread out across two spacious levels, Icon Outlet’s fashion and lifestyle brands will open their doors from the 15 June including, Aspinal of London, adidas, Calvin Klein, Levis, Nike, Ted Baker and Tommy Hilfiger. The urban outlet has introduced enhanced … Continue reading
Liverpool ONE benefits from being an open-air destination and features wide shopping boulevards and Chavasse Park, to allow people to move around freely while easily observing the 2-metre social distancing rule. Visitors will be advised to keep to the left … Continue reading
By Susanne Osadnik Everything is fine in Bochum. In Hamburg too. Because everything is still running smoothly in Bochum. The people in Hamburg are particularly glad about this, since, in times of corona, it is by no means a matter … Continue reading
Of Ingka Centres 45 Meeting Places that were open before COVID-19 restrictions, only Russia’s 14 MEGA branded malls, two malls in Portugal, one in Spain, and one in the UK remain closed, meaning well over half of the company’s shopping … Continue reading
In the first week after reopening, Ülemiste had 20 percent fewer visitors than usual but many shops achieved sales revenues equivalent to multiple “normal weeks”. “The customers themselves have changed. While they used to come to a shopping center to … Continue reading
Europe’s consumers remain anxious due to the crisis situation that is still ongoing. Even though those responsible in the retail industry take any means necessary to enable secure and smooth consumption, the actions to fight Covid-19 seem like tilting at … Continue reading
By Derek Rossel and Sam Sethi The harsh reality of this pandemic is that after we move through a recovery period, the relative power of traditional anchors and the right mix and balance of center components will have changed forever. … Continue reading
“We started the year with a strong operational base and were able to benefit from our high-quality portfolio expansion. The Covid-19 crisis slowed this growth beginning in mid-March, but we are working steadily to master these challenges. By now, 79% … Continue reading
In accordance with the gradual end of lockdowns, the majority of stores were allowed to reopen in France and Belgium on 11 May and in Italy on 18 May. As a result all of Eurocommercial’s shopping centres are now open with only … Continue reading
Center Manager Michael Ernst is clearly happy with the latest new openings: “We are always talking with exciting brands. Therefore, I am very glad that we can welcome new stores, especially in these times.” Sunglass Hut has just moved in … Continue reading
Two inconspicuous street entrances have been demolished and will be replaced by modern buildings. The building has been stripped to the core and the mall layout has been reorganised with new generous voids between all retail levels to improve cross-floor … Continue reading
Just three weeks after the announcement of the action, the company donated over PLN 100,000 to help medical facilities. The funds will be used to purchase equipment and protective measures necessary in the fight against the coronavirus epidemic. As part … Continue reading
