By Steffen Hofmann First: Safeguard the occupancy rate, in particular if you were forced to temporarily shut down parts of your property or the entire center operation even. Don’t lose sight of the big picture! There will be trade again … Continue reading
By Klaus Striebich There are lot of things being said, written, and posted right now. The current corona crisis affects us in significant ways. That is the main difference between this crisis and previous ones, such as Lehman Brothers, the … Continue reading
Meyer Bergman, the private equity real estate manager, has appointed Josip Kardun as Chief Investment Officer as it looks to expand its mixed-use focus across core European cities, with an increasing shift towards the office, residential and leisure sectors.During his … Continue reading
The next edition of MIPIM in Cannes will take place March 16-19, 2021. The situation surrounding COVID-19 is changing daily and government measures are becoming increasingly restrictive. It is clear that holding a large MIPIM tradeshow in Cannes in June is … Continue reading
Test our new service right now! You can install the ACROSS Magazine App for free on your device with just a few clicks. Go to the Google Play Store with your Android smartphone or tablet or go to the App Store for iPhone and … Continue reading
By Lisa Quier Wagner The entire world is in the grip of an unprecedented and yet largely invisible threat at the moment, and the level of uncertainty around it is as crippling as the situation itself. In a world that … Continue reading
Scope’s outlook for the sector was negative for 2020 even before the coronavirus outbreak spread from China to Europe, so the confinement of a large share of Europe’s population to their homes and the forced closure of non-essential commerce comes … Continue reading
“Following the outbreak of the COVID-19 epidemic, the authority restrictions confirmed in our operating countries has substantially changed our business environment and the prospects for 2020 now look weaker than originally envisaged. It is likely that some new additional authority … Continue reading
The heaviest blows from the economic slowdown in the Dutch real estate industry are likely to fall on sectors most dependent on discretionary consumer spending, including retail — outside of basic daily necessities — hotels and restaurants, as well as … Continue reading
On the basis of the guidelines for dealing with the corona crisis laid down by the Federal Government and the heads of the Länder governments, the Länder and local authorities have now implemented official decrees with concrete requirements for the … Continue reading
NEPI Rockcastle provided an initial update concerning the impact of the COVID-19 related government measures on its activities in an announcement dated 17 March 2020. Since that date, the authorities in Romania, Serbia and Croatia have increased the safety measures … Continue reading
The result for the week before last –which began to reveal the potential impact of Coronavirus on consumer activity – pales into insignificance against the result for last week where footfall declined by -21.7% from the previous week, and by -28% … Continue reading
By Denis Cupic Specific region of the Balkans, foremost former Yugoslav Republics but also Romania, Bulgaria, and Albania have experienced fast changing times over the last three decades. Opening their societies to market-based economy in the nineties was slowed down … Continue reading
Standort + Markt is headquartered in Lower Austria and has been supporting the retail real estate industry for more than forty years. This consulting company operates across the entire CEE region and provides analyses, market surveys, assessments, as well as … Continue reading
On February 12, 2020, Unibail-Rodamco-Westfield announced its 2019 results and proposed adividend of €10.80 per stapled share. There were only a limited number of COVID-19 cases outside China at that time. Since then, the COVID-19 pandemic has evolved significantly and at a … Continue reading
IKEA had checked its pandemic plans in preparation for the coronavirus, as well as its inventory for a crisis like this. More than ten years ago, when IKEA prepared itself for an outbreak of the bird flu, the company bought … Continue reading
After some initial hesitation, Great Britain is now taking increasingly tough measures to contain the strongly increasing number of corona infections. After prime minister Boris Johnsen ordered the closing of schools a few days ago, the British government is now … Continue reading
Grocery stores, hypermarkets and pharmacies that are located in the shopping malls will continue to operate. In response to these decisions, Arricano’s malls – Prospekt shopping mall and RayON shopping mall in Kyiv, City Mall in Zaporizhzhia and the Sun … Continue reading
Revenue: €225.9 million (+0.4%) Improved financial result and positive tax effect compensate for negative valuation result Consolidated profit: €112.1 million (+41.2%) Based on preliminary figures, shopping center investor Deutsche EuroShop closed financial year 2019 with good operating figures that partially … Continue reading
The health and safety of its employees, tenants and visitors is paramount for Vastned. The company is following the instructions of the World Health Organization and of government authorities closely. Vastned has taken measures in these challenging circumstances to ensure … Continue reading
