By René Popik At present, it would be unlikely to find a business that hasn’t been affected by the current situation. In recent weeks, the protection of public health has been paramount to us. We have therefore implemented many measures … Continue reading
In accordance with the terms of the SPA, Hammerson served notice to complete on Orion specifying that completion must occur by no later than 6 May 2020. Following close of business on 5 May 2020, Orion notified Hammerson that it … Continue reading
Stephan has over 20 years of experience in the retail industry across three continents, covering department stores, shopping centres and outlet centres. He will steer the group’s leasing strategy across the six European countries and 23 assets currently operated by … Continue reading
The bond was priced at 230 basis points above the swap rate, corresponding to a 5-basis-point new issue premium. Subscribed 5 times, the notes were placed with high-quality, long-term global investors, notably from France, Germany, Japan and the UK. This new … Continue reading
Surrounding the world-famous national stadium, Wembley Park’s transformation reflects its legendary past and strong cultural heritage where many of the world’s greatest musicians, entertainers and sportspeople have played. In his new role, Richard will be responsible for the leasing and asset … Continue reading
Castellana Properties, specialist in the acquisition, management and rehabilitation of real estate assets in the retail sector and listed on the Alternative Stock Market (MaB), is collaborating with vulnerable groups in cities where it has shopping centres and retail parks … Continue reading
Christine Hager, Chairperson of the German Council of Shopping Places: “Retail and retail real estate are only successful as a unit. Together with experts from our members we have therefore developed our first sample manual for a slow reopening of … Continue reading
Launched earlier this year, Project Solar aims to ramp up the provision of on-site clean energy generation by installing solar panels on the roofs and carparks of the retail park assets that Redevco manages on behalf of one of its … Continue reading
By Gilles Devendeville Malls already started to decline in US because they had not taken fundamental changes in customer’s expectations into consideration. The merchandising mix was just starting to include more spaces for food halls, green areas, and leisure concepts … Continue reading
The Hygiene Station combines all obligatory measures for shops: disinfectant, cloth and mask dispensers. Retailers can choose from four models – from the Light version to the Hygiene Station Pro with optional integrated technology (digital signage and access control). This … Continue reading
Poland thus becomes the second market where NEINVER is reactivating its outlet portfolio. The second-largest operator of outlet centres in Europe and the market leader in Spain and Poland, the company launched its reopening process on 20 April in Germany. … Continue reading
Ken Hughes thinks it is slowly dawning on most of us that things may never quite be the same again. We are entering a new era, one that has no fixed point as its destination. We are like the adventurous … Continue reading
The annual foodie event which welcomes over 100K people featuring culinary demonstrations from celebrity chefs, live entertainment and the very best artisan produce from across the region has been moved to July 2021 due to the Coronavirus pandemic. Jason Pullen, … Continue reading
By Gary Burrows It is an undeniable truth that digital engagement has had a massive boost over the past two months, with a 74% rise in online shopping1. It seems unimaginable today that retailers have not embraced e-commerce, yet the … Continue reading
Peter Wojtusiak APS Real Estate Credit: APS Peter Wojtusiak has become the new CEO of APS Real Estate, which is active within CEE and is part of APS Holding. He is responsible for investment transaction origination and execution as well … Continue reading
Revolving credit facility and swap update intu also provides an update on the negotiations with its revolving credit facility (‘RCF’ or the ‘facility’) lenders in relation to obtaining a waiver of certain provisions of the facility. On 26 March 2020, … Continue reading
At the same time, the company expresses its willingness to enter into talks with the shopping centres about new agreements that would include conditions adjusted to the new circumstances. The new retail reality after the opening of the shopping centres … Continue reading
Unibail-Rodamco-Westfield has worked with Bureau Veritas since 2012 to attest to the implementation of very strict standards regarding health and safety within its shopping centres. The Group today announces the reinforcement of its practices dedicated to the prevention of health risks … Continue reading
Die Argumente aller Verhandlungsparteien sind ausgetauscht, auch die jeweils verantwortlichen Verbände unterstützen mit Gutachten und Stellungnahmen das „Argumente-Ping-Pong“. Es ist kein individuelles Problem einzelner Vertragspartner mehr, denn zwischenzeitlich ist die Diskussion um die Problematik der Mietzahlung in Zusammenhang mit Covid-19 … Continue reading
Sipho Vuso Majija has terminated his appointment as a non-independent, non-executive director; The Board has approved the appointment of Steven Brown as a non-independent, non-executivedirector of the Company; The Board has approved the appointment of Sipho Vuso Majija to act … Continue reading
