On 29 March 2021, the European Council of Shopping Places released a position paper responding to the financial impact of Covid-19 on the retail property sector. The uncertainty of repeated lockdowns, the inconsistent approach of different governments, and the overly onerous focus on retail property owners to support an industry in crisis is not sustainable. In its paper, ECSP calls on the relevant authorities to urgently consider the following measures that could help mitigate the impact and risk associated with the pandemic on Europe’s retail property sector. Read more here.
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