NEINVER continues reopening its outlet centres across Europe as countries gradually ease restrictions. On May 15, the company reopened Roppenheim The Style Outlets, located in the French Alsace. NEINVER has implemented a reopening plan, in close coordination with authorities and … Continue reading
By Klaus Striebich In numerous articles, posts, webinars, commissioned expert opinions, and other elaborations one is able to read and listen to why owners of commercial real estate can still “insist” on payment of rent despite officially mandated closures during … Continue reading
Matthew Roberts, chief executive of intu, commented: “We are pleased to have successfully concluded this transaction which is another important step in our ultimate strategic objective to fix the balance sheet over the medium term.”
Monday May 11th marked the end of the lockdown in France and Belgium with the reopening of all Wereldhave shopping centers and a large majority of its stores. After securing the centers and their shops, there was a real desire … Continue reading
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
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
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
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
The company has successfully established its business line as independent process manager in the regular tendering of property and centre management services for retail assets owned by institutional investors. Having explored the market potential in the last three years iMallinvest … Continue reading
Return on new conditions Many sectors including retail were hit hard in Poland by the declaration of the state of an epidemic and ensuing restrictions. Shopping centres were reopened on 4 May, but on new conditions. Travel agencies, cinemas, gyms, … Continue reading
According to the survey (www.gfk.com/de), which took place from April 24 to 26, 2020, 33 percent of the Germans expect that their households’ financial situation will get worse in the next twelve months. One third indicated that they intend to … Continue reading
A virus caused a worldwide crisis with health and as well as economy-related ramifications. Lockdowns and their consequences have a substantial impact on the retail real estate industry. Conflicts between tenants, operators, as well as investors intensify due to massive … Continue reading
On May 8, 2020 the brand-new shopping mall in Slovenia ALEJA opened its doors. It is a partial opening, as there are 21 stores open. These are the following: Interspar Hypermarket, Müller drugstore, Nova KBM bank, Sensilab, telecommunications operators A1, … Continue reading
The Marketeer Awards recognize brands, advertisers and organizations that make a difference in Portugal. The 2020 edition includes 34 categories, among which Corporate brands, Branding and Publicity agencies, Communications agencies, Arts and Culture, Fashion and Accessories, Large Commercial Spaces, and … Continue reading
The report analyses other issues in the impact on different real estate assets apart from shopping centres, such as hotels, logistics centres or offices, as well as aspects related to tenants and properties. Elisa Navarro, General Manager of MVGM in … Continue reading
Road works began this month, including the implementation of over 600 parking spaces for future customers of Wiślanka. “Already at the architectural design stage, we paid special attention to the appropriate quality and number of parking spaces. Due to the … Continue reading
With almost a third of the world’s population now at home due to the Coronavirus pandemic, the way of life and work has changed. People are spending more time at home, connecting online with the outside world, looking for motivation, … Continue reading
ACROSS: The corona crisis paralyzed almost the entire European retail landscape. How is VIA Outlets handling the current challenges? OTTO AMBAGTSHEER: After having had to close eight of our eleven centers following government advice, we are already starting to reopen some centers; … Continue reading
Citycon and the City of Espoo’s Facility Services have signed a lease agreement for the opening of the Espoonlahti regional library in the shopping centre Lippulaiva in spring 2022. The library will be on the third floor of Lippulaiva and … Continue reading
Highlights year to date ▪ The Company performed well up to the outbreak of Covid-19 and the implementation from mid-March of various governmental restrictions to trading in our centres, which adversely impacted the strong Q1 2020 momentum ▪ A progressive … Continue reading
