Dubai are set to open ‘Heart of Europe’ with themed islands

Based on six islands that bring the best of Europe to Dubai, The Heart of Europe is located only two miles from the coast of Dubai...

McLaren are to hit the brakes; quarter of workforce to be axed

McLaren Group are to cut more than one thousand jobs from its workforce of four thousand amid the coronavirus pandemic. According to a report...

Poundland to reopen further 26 stores this week across UK

Poundland stated that trade will resume in the stores again this week after 51 shops reopened last week. The discount retailer are set to...
Macys

270 Macy’s stores to re-open today

Macy's - the nation’s largest department store operator said it expects to report sales slightly over $3 billion, which is down from $5.50 billion...
Good American

Mall of America are currently skipping mortgage payments

Retail landlords across the world have been urging tenants to obey their current leases and pay their rents on time because landlords themselves have...

Abu Dhabi hotels can reopen if new DCT guidelines are all met

Hotels in Abu Dhabi will be permitted to reopen if they adhere to new guidelines issued by the Department of Culture and Tourism (DCT)...

Mubadala to waive Q2 rent for retail tenants at Galleria Mall

The real estate and infrastructure arm of Abu Dhabi-based sovereign investor Mubadala Investment Company will provide tenants at the Galleria a three-month rent-free period...

Lotte Shopping speeds up store-exit plan

Lotte Shopping are set to sell off its 121 stores later this year in an attempt to recover from the impact that the Covid-19...

Construction of Flair Galerie underway in Fürth, Germany

Chapman Taylor was appointed by P&P Group to develop a new concept for the 22,000 m2 refurbishment and extension of the old “City Center” shopping...
Bankinter Investment and Sonae Sierra launch ORES Germany, a new alternative investment vehicle that invests in retail real estate in the German market

Sonae Sierra launches free Drive-In service for its shopping centres

Sonae Sierra has launched a free Drive-In service at the shopping centres it manages in Portugal, offering visitors the convenience of collecting their purchases...