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Union Investment Real Estate GmbH is expanding its senior leadership team. With effect from 1 July 2020, Christoph Holzmann (43) will be appointed to the Management Board of the Hamburg-based real estate investment manager as its fourth member, subject to approval by the Federal Financial Supervisory Authority (BaFin).

Paris Real Estate Week (14 to 17 September) unveils its initial programme comprising debates, conferences, Awards and an exhibition area that will address key topics in property, city agendas, and innovation.

MGVM, has published a study on the impact of COVID-19 on the property management sector. One of the data highlighted in the document is the influx of customers in shopping centres. Compared to the same period in 2019, the number of people visiting shopping centres has been reduced by 93%.

Atrium European Real Estate Limited, a leading owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, provides an update on trading for the three months ended 31 March 2020 and an update on trading in light of the Covid-19 pandemic.

Trei Real Estate GmbH (Trei), a property developer and property asset holder for residential and retail real estate, relocated from Mülheim an der Ruhr to Düsseldorf today. The real estate company had secured its new premises of around 2,400 square metres in the recently completed “Airport Office Six” property in September 2019.

If tenants experience a substantial drop in turnover–25% or more – they can convert the quarterly advance payment of rents into monthly rents and, if necessary, can request a month by month rent deferral, provided they substantiate their request with information regarding turnover.

AG Real Estate, which owns and manages, among other properties, 7 shopping centres representing ca. 300,000 sq m of retail floorspace, is very sensitive to the difficulties faced by retailers. Aware of its role as a retail property manager, it is adopting a policy to support its Retail clients.

Brunswick Real Estate invests across the Nordic region with assets under management in excess of EUR 2 billion. Focus markets to date have been Sweden and Finland with the creation of the real estate companies Regio and Kielo.