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Targowek

More than 90% of stores now open in Germany, Poland and the Czech Republic

Germany was one of the first European countries to reopen its shops at the end of April, following their closure in response to the Covid-19 pandemic. 

We are delighted to report that over 90% of the stores across our 11 retail parks owned by the PERP and POERF funds have been reopened for trade.

Similarly in Poland, where shopping centres and retail parks were given the green light to resume trading on May 2nd, approximately 90% of the stores across the Polish portfolio owned by the PCEF, POERF and PERP funds are now open.

In the Czech Republic retail parks were allowed to reopen 2 weeks ahead of shopping centres at the end of April; Homepark Zličín (owned by the PERP fund), is now also circa 90% operational.

Across these three countries, the preliminary data gathered on footfall is encouraging, especially across retail parks.  

Pradera News

Another new entry at Instabul Cevahir

Kiko Milano

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ISTANBUL CEVAHIR REOPENS ITS DOORS TO THE PUBLIC AND WELCOMES NEW TENANT

Levi's opening at Istanbul Cevahir

Read whole story

Bosch relocation, Istanbul Cevahir

Bosch relocation

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Mondo Cover: a brand new store at Le Due Valli, Altapinerolo, Italy

Phone accessories and repairs retailer opens new store

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Bottega Verde opens following restlying at Casetta Mattei, Italy

Bottega Verde, the leading Italian natural cosmetics brand, unveils its newly refurbished store to the public

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China’s Green Shoots – Springing to Life in May

Pradera Retail Asia is quietly optimistic about the recovery of retail sales in China.

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Background Photo:
Ragusa: Ibleo Shopping Centre