April 16, 2020

The Coronavirus pandemic is having a huge impact on the German economy. One side effect of social distancing and the restrictions on movement is empty, unused properties. However, the operating costs for office buildings, manufacturing plants, restaurants and retail outlets still have to be paid.

Ingka Group has joined an alliance of 180 political decision-makers, business leaders, trade unions, NGOs, and think tanks for a renewed commitment by all stakeholders to address the social and economic consequences of the coronavirus outbreak, in addition to the long-term climate change initiatives.

The business development of Deutsche Konsum REIT-AG is proving to be very robust in the environment of the current Covid 19 pandemic.

A group of some of the biggest commercial property market leaders are supporting the personnel of 11 hospitals and medical centres across Poland through daily deliveries of meals.

The scope of the support as part of the #LPPpomaga (#LPPhelps) expands every day. The number of protective masks provided by LPP has exceeded 250,000 pieces and already nearly 100 medical facilities have received help of this kind.

Toolbox Group founder and CEO Michelle Buxton has announced Ed Cooke, former Revo CEO, as their new Global Growth Director.

GfK‘s consumer panel FMCG confirms what seems logical: Germany’s FMCG has benefitted strongly from this crisis (so far), as food retail stores remain open during the general shutdown.

In March the property company Atrium Ljungberg announced the sale of Farsta Centrum in Stockholm.