As the Covid-19 pandemic extends into Europe, a number of European governments have imposed restrictions or closure of retail premises. On 12 March 12, Eurocommercial published an update on the situation in its Italian shopping centres. Since then, further restrictions … Continue reading
At the same time, SES calls upon all its centers to comply with the federal government’s directives to stay at home and only use this opportunity get the absolute necessary supplies. For the moment, these provisions will remain in effect … Continue reading
Even the stores that would be allowed open according to the government’s edict will remain closed to avoid larger gatherings of people. With this decision, the shopping center’s operator, SES Spar European Shopping Centers, supports the Slovenian government’s measures to … Continue reading
According to the figures published by the National Bureau of Statistics at the beginning of last week, production decreased by 13.5 percent in January and February in comparison the same period of the previous year. China’s retail sector also reports … Continue reading
ESMA considers that lowering the reporting threshold is a precautionary action that, under the exceptional circumstances linked to the ongoing COVID-19 pandemic, is essential for authorities to monitor developments in markets. The measure can support more stringent action if required … Continue reading
In a press release dated March 12, 2020, Klépierre provided an initial update concerning the impact of the Covid-19 on its activities in Italy. This has since expanded to several Continental European countries, leading their governments to take further health … Continue reading
Art-Invest Real Estate was able to win the globally successful Japanese fashion brand UNIQLO for a store atAlter Wall in the city centre of Hamburg. The conversion in the historic front building Alter Wall 2 has already begun, and the opening is scheduled for autumn … Continue reading
Organised by Property Week magazine, the RESI Awards recognise the best residential developments across the UK. The awards ceremony, which brings together leading developers, designers, house builders, operators, investors, agencies and local authorities, will take place at Grosvenor House in London on … Continue reading
Dear Reader, The corona-crisis has a tight grip on the entire world right now. In most of Europe, public life has almost grinded to a halt. This crisis’ social and economic impact is hard to predict today. However, one thing … Continue reading
The aim is to ensure all countries are prepared, especially those with the weakest health systems. The UN Foundation, at the request of World Health Organization (WHO), has created the fund which already has some major early supporters lined up … Continue reading
In Belgium it was announced on March 13, 2020 that non-essential stores are closed during the weekends, for now until April 3, 2020. In France, starting March 15, 2020, all non-essential stores are closed throughout the country. In the Netherlands, … Continue reading
URW’s primary focus is now on protecting the health and safety of its employees, tenants, and visitors, and the Group is carefully monitoring the latest health guidelines issued by the World Health Organization, national, regional, and local governments and adapting its … Continue reading
By Christine Hager As early as the Olympic Games in ancient Greece, people gathered together to measure their strength against one another via athletic competition. The winners were ultimately crowned with golden laurel wreaths. The Olympic oath, on which the … Continue reading
“Quayside MediaCityUK” will be home to ITV’s I’m A Celebrity Jungle Challenge – a first of its kind immersive attraction opening in Autumn 2020 alongside a recently redeveloped state of the art all recliner Vue Cinema, Virgin Active and “The … Continue reading
“Atrium Ljungberg’s focus is on developing attractive urban environments offering a mix of offices, retail, residentials, culture and education. We currently have an extensive project portfolio, enabling us to invest as much as SEK 32 billion in our own properties … Continue reading
“Sustainability is one of Metro Properties Guiding Principles therefore we are very proud not only to receive BREEAM certifications but also an international BREEAM award for our M1 shopping centre in Kraków. We are delighted and impressed by the continuous, … Continue reading
This will impact the shops in our eight Italian shopping centers, namely Carosello, Collestrada, Cremona Po, Curno, Fiordaliso, I Gigli, I Portali and Il Castello. Since the initial trading restrictions were imposed over the two previous weekends in Lombardy and … Continue reading
By Neil Barber Europe has the largest health and fitness market in the world, with a value of over €23.5bn. People living in Switzerland pay the highest average monthly gym membership, followed by consumers in Ireland and the UK. It … Continue reading
This is EPP’s fourth successive year meeting its earnings guidance. Importantly, EPP also advanced its key deleveraging strategy, reducing its loan-to-value ratio by 1.9% to 50% with a low average cost of debt of 2.5%. The strong Polish economy supported … Continue reading
On March 5th, during a meeting with the tenants of KG Group – the Kraków investor and developer realizing the outlet center at Nowohucka Street – unveiled the new brand name, concept and architecture of the mall for their former … Continue reading
