Yearly Archives: 2020

David Atkins decided to step down as chief executive of Hammerson

David Atkins said: “It has been a privilege to have led Hammerson for over ten years and I am proud of the many achievements and the incredible colleagues I have worked with. The current environment, exacerbated by the impact of … Continue reading

Mercato Metropolitano moves into the Potsdamer Platz Arkaden in Berlin as a new anchor tenant

“I am glad that with Mercato Metropolitano, we have been able to partner with a young, innovative company to develop a stylish, urban and sustainable community market concept that fits in perfectly with the Berlin culture and way of life. … Continue reading

Klépierre has reopened 80% of European malls and expects to hit 90% within 10 days

Since early May, restrictive measures to contain the spread of Covid-19 have been progressively eased in all countries where Klépierre operates leading to a gradual reopening of its malls. Recently 86% of the Group’s malls are open, representing 80% of … Continue reading

Covid-19 crisis: Now what? Do we have a solution?

The arguments of all negotiating parties are exchanged and the respective associations support the “ping-pong of arguments” with expert opinions and position statements. This is not an individual problem of specific contractual partners anymore. The discussion about lease payments in … Continue reading

EBRD supports expansion of Ukraine’s Fozzy Group

Meanwhile, domestic food producers, including small and medium-sized enterprises, which supply Fozzy Group with groceries, will also benefit from new business opportunities generated by the new stores under the popular Silpo and Fora brands that the group operates. The Bank’s … Continue reading

Vastned announces strategy update

Vastned’s present strategy was started in early 2017, focusing the high street strategy more explicitly on growing the high street assets in Amsterdam, Antwerp, Paris and Madrid. Normally, the company strategy would be updated next year. Vastned has been indicating … Continue reading

Westbridge renews the energy supply for the shopping centre “Passage Corridor“ in Veenendaal

The operating cost specialist succeeded in saving the owner more thanEUR 11’000 over the next 30 months from the start of supply on May 1, 2020. The 31 electricity and 19 natural gas supply points in the shopping centre consume an … Continue reading

More courage, more creativity

By Susanne Osadnik Resilience. This term has never been used as often before as right now. Derived from the Latin word that generally means “to bounce off”, it stands for the ability to develop a certain tolerance for blows of … Continue reading

How to reopen your shopping centres. User guide

THE FOUR MAIN TAKEAWAYS Post-COVID shoppers are attracted by a different retail mix, wth a focus on homeware and well-being brands and products. Within these shoppers, there are four main segments emerging from the COVID situation. How you attract and … Continue reading

Stricter financing conditions for retail properties

By Richard Haimann Due to the loss of rental income in the coronavirus pandemic, banks are tightening their conditions for financing retail properties and shopping centers or are withdrawing from business altogether. “In general, it can be assumed that financing … Continue reading

SES Now Operates Five Large-scale Shopping Centers in Slovenia

The center was completed in March, but, as a result of the COVID-19 pandemic, the originally planned opening date had to be postponed. The first shops with focus on local supply opened at the beginning of May, and the entire … Continue reading

People in move

HENRIK SKAK BENDER NREP Credit: NREP NREP strengthens leadership by signing new partner as COO. NREP taps Henrik Skak Bender as new COO and partner. The former Group CFO at WS Audiology joins NREP to strengthen the leadership team at … Continue reading

NREP strengthens leadership by signing new partner as COO

Strong values, clear prioritization and agile structures are top priorities, says Bender. Henrik Skak Bender says a strong growth trajectory, high ambitions and solid values have been the key drivers behind his decision to move from being Group CFO in a … Continue reading

Meyer Bergman on track to create €2bn pan-European last-mile logistics platform

Marcus Meijer, chief executive of Meyer Bergman, said: “Demand from e-commerce, online grocery shopping and third-party logistics businesses has soared in recent years. This is a structural shift. Conviction investors rightly see a return premium given the lower level of risk in … Continue reading

Covid-19: The situation on Milan’s market is changing daily

By Silvia Gandellini The situation related to the Covid-19 impact is changing quickly, day by day, with an unavoidable impact on retail and real estate markets: consequences depends on how long it will last, but some forecasts may be assumed. … Continue reading

intu appoints James Saunders as new Chief People Officer

Vodafone’s former Head of HR James Saunders has taken up the newly-created role to lead intu’s employee experience, and attract, inspire and retain talent within the business. James has also held senior roles within HR and transformation teams at Nationwide … Continue reading

Creative use of space: IPH Centermanagement opens Germany’s highest drive-in cinema in Ulm

Under the guidance of the center manager IPH, the highest drive-in cinema in Germany was opened on the building’s parking deck. The premiere, which was sold out several days in advance on 30 April at 9 pm, was attended by … Continue reading

Ingka Centres opens nearly half of its global malls as COVID-19 restrictions lift worldwide

Meeting Places across Italy, Portugal, Russia, Slovakia, Spain and the United Kingdom remain temporarily closed. Seven Ingka Centres Meeting Places across Sweden and Finland have remained open, with additional health and safety guidelines, throughout the pandemic. The latest footfall figures … Continue reading

New appointment in Newsec’s Capital Markets Team in Finland

He is now responsible for sales and client relationship development in the Capital Markets team and in collaboration with other Newsec teams. Toni joined Newsec in 2013 and has been Partner since 2016. He has an extensive domestic and international … Continue reading

Steel on hold

Apsys intended to open the shopping destination Steel in Central France’s Saint-Etienne on May 13, 2020. The Covid-19 crisis thwarted this plan. When the launch actually will take place will be announced as soon as possible. Steel will feature contemporary … Continue reading