Since the German federal government announced the first loosening of restrictions for retail last Wednesday, there was some confusion as to how the new rules apply to shopping centers.

Ylva Sarby Westman is to be the new CFO of Kungsleden. Ylva will remain the Group’s Deputy CEO. At the same time, Kungsleden’s management team will be strengthened by the addition of Fredrik Sandell, the company’s current Treasurer.

According to Bloomberg, a fund managed by Apollo Global prevailed over two further bidders.

Thüringer Einkaufscenter Erfurt (T.E.C.) is a well established retail location, located in the commuter belt around Erfurt, the capital of Thuringia.

Waitrose today details a number of initiatives it has launched to support its most vulnerable suppliers during the COVID-19 pandemic.

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.

Collaborated with New Covent Garden Market and Bread Ahead to provide fresh produce and bread.

The “Leiner Areal” project on the west side of the Rathausplatz in St. Pölten’s city centre has received a greenlight. A cooperative procedure to prepare a development concept is currently starting.

UNI Global Union, Auchan Retail and Carrefour Group have signed a joint declaration on the implementation of good business practice in response to the health crisis caused by the Covid-19 pandemic.

Prior to the new appointment, Yliniemi held the position of Vice President, Operations Development at Citycon. In her new position, Yliniemi is responsible at the Group level for the operations and results of the approximately 40 shopping centres owned by Citycon. Yliniemi is also a member of Citycon’s Extended Management Committee.