As of March 19 2020, the Executive Board of the Company is thus composed of the members Dietmar Reindl and Stefan Schönauer, who will continue all agendas.

Due to the Covid-19 situation the H&M group will temporarily close all its stores in Germany (460*) from March 18, based on decisions by the German authorities. In addition, the group is also closing all its stores for two weeks in the US (590*), Canada (96*), Portugal and Belgium from March 17.

The management board of Żabka Polska, the owner of the largest chain of convenience stores in Central and Eastern Europe, decided to transfer over €1 million for activities addressing the epidemiological threat. The company sent an official letter to the Prime Minister and declared full support in ensuring the safety of all Polish citizens.

The effects of the global coronavirus situation are expected to have a negative impact on the Stockmann Group’s business environment in the short term.

Who benefits from these extensive store closures in Europe? Some experts see online retail as the big winner. But this is not necessarily the case.

Eurocommercial is very appreciative of the impact of these unprecedented measures on its tenants and expects to grant temporary support to a number of them.

In accordance with the guidelines of the Austrian Federal Government, the SES-Shopping Center’s shops that provide basic supplies for the population will remain open for business.

The public opening of the ALEJA shopping center, which was originally scheduled for March 19, 2020, will be postponed.

China is fighting hard with the economic consequences of the coronavirus pandemic, as the country’s industrial production shrinks for the first time in three decades.

The European Securities and Markets Authority (ESMA) has issued a decision temporarily requiring the holders of net short positions in shares traded on a European Union regulated market to notify the relevant national competent authority if the position reaches or exceeds 0.1% of the issued share capital after the entry into force of the decision.

Despite this challenging environment and the current difficulty in estimating the impact on Klépierre’s full-year earnings, the Group reaffirms it has a solid balance sheet and sufficient committed revolving credit facilities to cover its liquidity needs.

The conversion has started, the opening is scheduled for autumn 2020.

Chapman Taylor, acting for Linkcity, was responsible for the masterplan and architectural design of Castle Park View, and is now working with Bouygues UK on the construction phase and interior design, which will be operated by M&G when it completes in 2022.

First publisher statement:

A first-of-its-kind COVID-19 Solidarity Response Fund is initiated to raise money to support the work to prevent, detect, and respond to the COVID-19 pandemic.

The situation regarding the outbreak in Europe of COVID-19 is having an unprecedented impact on the business in Wereldhave’s shopping centers.

The COVID-19 crisis continues to evolve rapidly and in recent days several governments in the markets in which Unibail- Rodamco-Westfield operates have taken measures to contain the spread of the virus. These measures will impact the Group’s operations.

Lifestyle Outlets, part of Peel L&P, has announced that it is rebranding Lowry Outlet as work is well underway on what is set to be one of the region’s most exciting and vibrant leisure destinations.

Property company Atrium Ljungberg has today signed an agreement to sell the shopping centre Farsta Centrum in Stockholm. This deal includes a rental value of SEK 310 million and more than 100,000 m2 letting area. The purchase price is based on an underlying property value of SEK 3,979 million. The purchaser is Stadsrum Fastigheter AB.

M1 Kraków Shopping Centre managed by Metro Properties Poland wins the main award in the category “Commercial project: In- Use” presented by BREEAM. The best of BREEAM 2020 awards honors exceptional sustainable places and project teams.

The Italian government signed a decree on March 11, 2020 by which all shopping centres and retail locations in Italy will be closed until March 25, 2020 except for grocery stores and pharmacies.

JSE listed EPP released results for the year ended 31 December 2019, with distributable income earnings up by 9.6% and distributions of EUR 11.62 cents per share. EPP’s net property income for the year is up by 3.8% to EUR 148 m, with distributable income of EUR 105.5 m.

ROS Retail Outlet Shopping has been appointed as the management company. The opening is planned for Autumn 2021.

Ada Walentek was appointed to a position of general manager for Ceetrus Poland. With this appointment she has taken charge of company’s strategy, management and development on Polish market.