Tag: ECE project management
“The department stores have completely overslept the development”
Michael Otto The owner of the Otto Group laments the increasing monotony in many inner cities. (Photo: IMAGO/SEPA.Media) Mr. Otto, many see online retail as the gravedigger of the inner…
“One must not only see the threat posed by new forms of distribution”
Hamburg Mr. Otto, many see online retail as the gravedigger of the inner city. Is your Otto Group complicit in the death of once-proud brands like Kaufhof and Karstadt?The high…
Why some Galeria locations can still hope
Karstadt branch at Munich train station The department store operator Galeria has announced that it will close 52 of the 129 locations. (Photo: dpa) Dusseldorf, Essen Galeria’s CEO, Miguel Müllenbach,…
This makes the start-up Aedifion interesting for investors
On the laptop It is becoming increasingly important for real estate companies to heat their buildings efficiently. Start-ups have now developed innovative solutions for this. (Photo: Aedifion) Frankfurt The honeymoon…
Landlords are losing faith in the future with Karstadt and Kaufhof
Karstadt branch on the Zeil in Frankfurt Owner Sahle Wohnen wants to demolish the property and is planning a new building without Galeria Karstadt Kaufhof. (Photo: dpa) Dusseldorf Jan Philipp…
Many German companies turn off the lights
Good morning, dear readers, The discounter Aldi Nord reports via Twitter with the notificationto close many branches earlier from November onwards in the 2022/23 winter season. They want to make…
Otto wants to take over Deutsche Euroshop completely
Altmarkt Gallery in Dresden The shopping center is part of the Deutsche Euroshop portfolio. (Photo: dpa) Berlin Major shareholder Alexander Otto wants to completely incorporate the shopping center investor Deutsche…
Mayor of Grünheide speaks of winning the lottery
In this respect, there will have to be technical solutions, for example a new waterworks, Christiani said. “Or you face the challenge of getting the water from where it is…
Retailers can cut rents at lockdown
Düsseldorf, Frankfurt The Federal Court of Justice has ruled: If shops have to be closed due to a state-ordered lockdown, traders can be entitled to a reduction in rent. Since…
Retailers rail against the 2G rule & fear slump in sales
Dusseldorf Many traders see the exclusion of unvaccinated persons as harmful and useless. To combat the pandemic, they have a surprisingly different proposal. After the Prime Minister’s Conference had decided…
New ideas for dying malls in Germany
Shopping malls yesterday and today What are the right concepts for the future? (Images: Loom, Luminada (M)) Dusseldorf The 14 artists couldn’t have chosen a more suitable location for their…