Real estate

Bulgaria: With New Order Prime-Minister Closed Shopping Centers Only After Few Hours

Yesterday, just a few hours after the authorities allowed the independent sites in the shopping centers with direct access, to be able to continue their activities, this measure were revoked.

 By order of Prime Minister Boyko Borissov, the Minister of Economy revoked the Instructions for large retail sites issued earlier yesterday, the Ministry of Economy announced.

Cyprus Covid-19 restrictions further lifted

Restrictions aimed at curbing the spread of the novel coronavirus in Cyprus are being further lifted, following a downward trend in infections.

Starting Monday, all private and public schools will reopen for classes, along with archaeological sites and museums.

Retail commerce is also being relaunched, with the inclusion of malls and shopping centers.

Romanian office market falls by 36 pct, to 300,000 square meters

Last year, the Romanian office market fell by 36% from a record 470,000 square meters in 2019 to 300,000 square meters, real estate consulting company JLL Romania announced on Tuesday. According to the quoted source, the areas include transactions carried out through agents and those concluded directly between the landlords and tenants.

Shopping centers reopen after more than two months

Shopping centers, department stores and retail parks opened on Monday for the first time since March 14, when they had been ordered to close by the government.
Their reopening came two weeks earlier than originally planned, but with strict rules such as the compulsory use of face masks not only by staff but also shoppers.

Stricter measures for Turkey’s malls introduced

Authorities in Istanbul have introduced stricter measures, particularly for the use of air conditioners and shopper traffic inside the venues, for the city's malls after people swarmed shopping centers and social distancing rules were largely violated after they reopened on May 11 as part of the "normalization program."

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