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Retail

Hoarding Boosts Consumption: Demand in Supermarkets Shot Up by 25% YoY during the First Half of March

On Tuesday 10 March, the number of users making a purchase in this type of establishment soared by 330%.

More Coronavirus Fallout: the Open Sky Shopping Centre Delays its Inauguration

Compañía de Phalsbourg has decided to postpone the opening of the Open Sky shopping centre in Madrid until after the summer “due to the current situation caused by the coronavirus pandemic”.

Unibail Rodamco Announces Measures to Mitigate the Effect of Coronavirus on its Business

The real estate company, one of the largest owners of shopping centres in the world, acknowledges that the decision to close all non-essential stores will have an impact on its income statement.

Redevco Changes Course beyond Retail to Invest in Offices and Logistics Assets

The pan-European real estate investment management company plans to increase the value of its portfolio of assets under management from the current level of €7.5 billion to €10 billion by 2025, expanding beyond its retail focus to target new sectors.