By Thomas Mark Landlords and tenants in the retail real estate sector are facing an unprecedented challenge in the face of the coronavirus pandemic. Not only do they need to weather the current storm, but they need to return stronger … Continue reading
ACROSS: Will the current crisis strengthen the online retail sector? HANNU KÄKI:I see this can be also an opportunity for the so-called traditional retail environment. First, the landlords and retailers will learn to cooperate to overcome external threats like covid-19 … Continue reading
By Rabia Shihab What we are going through these days is unprecedented. Unprecedented in its worldwide collective scale turbulence to the fundamental texture of many long-lasting conceptual conventions which will inevitably have a noticeable impact to an extent that is … Continue reading
At a time when the world of work faces an unprecedented health and economic emergency, Auchan Retail, Carrefour and UNI undertake to communicate and work together to share best practice to prevent risks arising from Covid-19. Together, they agree to … Continue reading
Yliniemi has more than 15 years of experience in the retail sector and the shopping centre industry. She has been employed by Citycon for 10 years, since 2010. Prior to being appointed Vice President, Operations Development, Yliniemi held the position … Continue reading
Due to the COVID-19 pandemic, Unibail-Rodamco-Westfield has implemented partialactivity measures in various countries to protect its employees, preserve employment where possible and to allow a swift return to full capacity as soon as health and safety conditions permit. As a … Continue reading
The Realty event’s organiser Easyfairs Belgium has decided to cancel this year’s edition due to the unprecedented situation caused by the COVID-19 virus and amid growing uncertainty about whether the summit could take place in September. Last week the aldermen’s … Continue reading
IKEA touches the lives of millions around the world and every aspect of Ingka Group business is driven and inspired by the IKEA vision: to create a better everyday life for the many people. On March 27, Ingka Group announced a … Continue reading
Merlin Entertainments, a global leader in location-based entertainment, has created an A-Z of activities and entertainment for families in lockdown this Easter with a range of videos, educational packs and live Facebook streaming all taking place. With many of their … Continue reading
By Mathias Sander It has been five minutes to midnight for the shopping center industry for quite some time. Now, the corona crisis moves the hand even further. As centers with basic providers are in emergency operation mode, many of … Continue reading
Atterbury Europe and MPC Properties wanted to celebrate the opening of the BEO Shopping Center in the Serbian capital these days. The corona crisis thwarted that plan. The mall comprises over 43,000 sq m of GLA and a total built-up … Continue reading
The H&M group’s liquidity remains good. The group is continuing its work to set up a combination of different financing solutions.The new facility is in addition to the company’s undrawn EUR 700 m RCF signed in 2017 and maturing 2024.The … Continue reading
This is why the government and other stakeholders should pay attention to it and give it support adequate to its importance. The restrictions imposed on retailers have a profound impact on the performance of shopping centers. With a total retail area … Continue reading
“The situation is unprecedented and there are no solution algorithms. It’s time to prioritize and act,” said Andriy Ioanno, CEO of a group of companies that includes the chain of Arax shopping centers and Oasis shopping mall in Khmelnitsky. “Yes, our … Continue reading
The corona crisis has a substantial impact on the world economy and therefore also on the European retail real estate industry. With this in mind, it is only logical that openings of shopping centers are postponed. For example, Aleja in … Continue reading
ACROSS: What effects does the corona effect have for umdasch The Store Makers in operational terms? SILVIO KIRCHMAIR:Of course, the Corona pandemic will have a considerable impact on us as well. Neither the closed stores, nor those that keep the … Continue reading
By Gyula Gyalay-Korpos The virus has struck the whole of Europe mercilessly and all countries are facing the same problem of trying to prevent the virus from spreading further quickly. The only difference is how the various governments had reacted, … Continue reading
As the technical manager of Vienna’s Donau Zentrum, Drazen Ivanis had to keep an eye on all maintenance works in this huge building complex. His experience is now the basis for the wowflow app of his start-up Adage GmbH. “I … Continue reading
The cooperation has been in planning for a longer time, but has now been brought to a quick conclusion due to the considerable challenges for stationary retail caused by the Corona crisis. As a result, stationary retailers in the shopping … Continue reading
Propel by MIPIM will be held at the Le CENTQUATRE venue in Paris. The event was originally scheduled for June 30-July 1. In the current rapidly evolving context, government measures in France and elsewhere are restricting travel, limiting public gatherings … Continue reading
