Inter IKEA Systems B.V. is the owner of the IKEA Concept and worldwide IKEA franchisor. Konrad Grüss is its Global IKEA Expansion Manager, and he has been acting manager for the franchise business since February 2020. “I am happy that … Continue reading
This includes its London-based centres, The Mall Wood Green, The Mall Walthamstow and Exchange Ilford, as well as The Marlowes in Hemel Hempstead, The Mall Maidstone, The Mall Luton and The Mall Blackburn. All of Capital & Regional’s shopping centres … Continue reading
Płock has a population of around 120,000 residents and lies roughly 100 kilometres north-west of Warsaw. The total investment costs equal 6.7 million euros. Extending over 4,200 square metres of lettable area, the retail park is home to the established retailers … Continue reading
Now it’s official: Mapic Italy, scheduled to take place on July 1 and 2, 2020 in Milan, has been cancelled due to ongoing concerns related to Covid-19. Despite the recent easing of the lockdown in Italy, there are still ongoing … Continue reading
Hammerson has announced that its flagship destinations in England are to re-open from 15 June, in line with the latest guidance from the UK Government. This follows the re-opening of four destinations in France in May, (Les Terrasses du Port, … Continue reading
“Kreativmarkt Hamburg” will open at Quarree Wandsbek on September 21, 2020. On its 500 sq m, this market will provide everything one needs for a wide range of creative and trendy hobbies. From decorations, paper goods, paints, and art supplies … Continue reading
By Zoe Ellis-Moore The demise of the high street has been prophesized for years as the market capitalization of ecommerce ballooned, and research shows that Britain’s high streets have lost around 50,000 shops in the last decade. The streets themselves … Continue reading
Comprising 71,000 sqm of total rental space, the portfolio is fully let to OBI, the European DIY retailer on long leases. The sale follows the completion of several recent lease renewal agreements across the portfolio which has extended the WAULT … Continue reading
The special feature is a circular building complex, which has also been taken up in the store concept. A perfectly staged experience tour, in which umdasch’s store makers emphasized the identity and philosophy of the respective shoe brands both in … Continue reading
By Franck Verschelle In recent years, the climate emergency and new consumer demands have put the question of managing stocks of unsold goods in the spotlight. The current health crisis reinforces the need to study ways to recover the value of these … Continue reading
MIPIM 2020 has been cancelled due to Covid-19. The next edition will take place in March 2021, in Cannes. Paris Real Estate Week (the Week) will therefore be the first event enabling real estate leaders to make an initial assessment of the Covid-19 … Continue reading
Shops and public areas in the much-anticipated scheme will be open to the public, with social distancing measures in place and a requirement for visitors to wear face masks in line with government health regulations. Cafés and restaurants will remain … Continue reading
With the remainder of the Group’s centres currently planning to open by June 8 in Spain and June 15 in London, URW expects to have at least 87% of its shopping centres (approximately 80% by book value) open by June 15. … Continue reading
On May 27, 2020 at 4pm the ACROSS Retail Talks took place for the third time, putting the Covid-19 crisis front and center in two respects. On the one hand, because the event happened online. On the other the hand, because of … Continue reading
By Susanne Osadnik Everything is fine in Bochum. In Hamburg too. Because everything is still running smoothly in Bochum. The people in Hamburg are particularly glad about this, since, in times of corona, it is by no means a matter … Continue reading
Of Ingka Centres 45 Meeting Places that were open before COVID-19 restrictions, only Russia’s 14 MEGA branded malls, two malls in Portugal, one in Spain, and one in the UK remain closed, meaning well over half of the company’s shopping … Continue reading
In the first week after reopening, Ülemiste had 20 percent fewer visitors than usual but many shops achieved sales revenues equivalent to multiple “normal weeks”. “The customers themselves have changed. While they used to come to a shopping center to … Continue reading
Europe’s consumers remain anxious due to the crisis situation that is still ongoing. Even though those responsible in the retail industry take any means necessary to enable secure and smooth consumption, the actions to fight Covid-19 seem like tilting at … Continue reading
By Derek Rossel and Sam Sethi The harsh reality of this pandemic is that after we move through a recovery period, the relative power of traditional anchors and the right mix and balance of center components will have changed forever. … Continue reading
In accordance with the gradual end of lockdowns, the majority of stores were allowed to reopen in France and Belgium on 11 May and in Italy on 18 May. As a result all of Eurocommercial’s shopping centres are now open with only … Continue reading
