Are we slowly getting back to normal?

16
Apr
2020
News - Are we slowly getting back to normal? #CEE #coronavirus #Czech Republic #Germany

by Property Forum | Economy

After the first loosening measures of Austria, Slovakia and the Czech Republic, more countries of the region plan to start gradually scaling back the regulations imposed to stop the spread of the coronavirus pandemic.


Smaller retail stores can reopen next week in Germany

The German economy will start to return to normal from 20 April. Retail stores with a sales area of 800 square meters can reopen on Monday, while schools will gradually start from 4 May.

Regardless of the sales area, car and bicycle shops and bookstores, cultural facilities such as libraries as well as zoological and botanical gardens are also allowed to be open from Monday. Other social distancing measures, along with bans on large public events, restaurants and bars, will remain in place.

The Czech Republic’s five-step plan

The government of The Czech Republic has already started to loosen some coronavirus restrictions by opening outdoor facilities for individual sports and shops selling construction, hobby and hardware products. Also, business travels have been allowed. Now, the Czech government has drafted a five-step plan for loosening the coronavirus restrictions.

Most shops, service providers such as hairdressers, as well as outdoor areas of restaurants, museums and zoos can reopen as of 25 May. From 8 June, all retail stores and shopping malls, all restaurants, hotels and other accommodation will be allowed to reopen and the unlimited operation of cafes, pubs, and restaurants will be allowed. Each venue must adopt social distancing and hygienic regulations.

Romania plans to reopen schools

In Romania, schools may reopen from 15 May, according to the announcement of the prime minister of the country.
 




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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