Denmark’s malls and restaurants could open Monday

Danish leaders are debating whether to start Phase 2 of the country’s reopening from the COVID-19 lockdown. “The government is proposing that we reopen the entire retail sector including shopping malls, that restaurants and cafés can open again, and that older schoolchildren can get more of their everyday life back,” said Prime Minister Mette Frederiksen. Denmark was among the first countries to restrict public gatherings and close schools, restaurants and bars. Reuters

One-third of UK restaurant execs expect to close permanently

Thirty-two per cent of UK pub, bar and restaurant company senior executives expect to shutter their sites permanently due to COVID-19. The Telegraph

Grosvenor maintains development pipeline

London landlord Grosvenor plans to proceed with €5.6 billion worth of new development worldwide despite heavy losses sustained during the first quarter and then during COVID-19. Bloomberg

Neinver reopens centres in Germany and Poland

Neinver reopened its five outlet centres in Poland this week. Approximately 80 per cent of the tenants opened for business. The company opened its German outlet centres on April 20. Across

Estonia offers aid to retailers

The Estonian government will distribute €4 million in assistance to retailers hurt by COVID-19. Estonia closed nonessential stores in late March. Now, only supermarkets, pharmacies, bank offices, mobile-phone stores and a few other “essential” outlets are open. ERR

UK: Debenhams will close five stores

British department store group Debenhams will shut five of its 142 stores permanently, leading to a 6 per cent cut in its workforce. The department store chain went into administration last month for the second time in a year, seeking to protect itself from legal action by creditors. All the stores marked for closure are in retail centres owned by Hammerson. Reuters

Redevco adds solar panels to 12 Belgian centres

Redevco, which plans for its portfolio to reach net zero carbon emissions by 2040, will install solar panels on the roofs and car parks of the 12 retail parks in Belgium it manages on behalf of COFRA Holding. Across

UK will give money to BIDs for high-street upgrades

The UK will give €6.9 million to business improvement districts across the country to spend on projects that will help their local high streets through COVID-19. Ministry of Housing Minister of State Simon Clarke said, “These partnerships are uniquely placed and have a proven track record of success in supporting local businesses, empowering communities, championing our town centres and driving forward the renewal of our high streets.” The funding adds to British government grants, loans and abatements that support business and workers during the pandemic. Retail Destination

Quintain hires retail leasing and asset management head for Wembley Park

Quintain hired Richard Poyser as head of retail leasing and asset management to handle London’s Wembley Park, the area around Wembley Stadium that the developer is transforming into a cultural neighbourhood. Retail Destination

Orion cancels deal for seven retail parks

Orion Capital Managers has pulled out of a deal to acquire seven UK retail parks from Hammerson for €458.4 million. Hammerson says it will keep the €70 million cancellation fee. IPE Real Assets