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2020-05-25  17:11
CIJ News iDesk VII
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Events

Housing corporations report 9,000 tenants...

About 9,000 residents of the Netherlands reported that they could not afford to pay rent according to a study of 197 housing corporations, which own about 1.6 million of the 2.4 million rental homes in the Netherlands. The number is expected to increase. Most of the tenants were still collecting a salary in March, but it's certain that unemployment numbers will have increased sin...
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2020-05-25  17:11
CIJ News iDesk VII
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Events

Online platform wins Bank of Spain...

The Bank of Spain has granted the first ever authorization for an online portal to provide mortgage brokerage services to Idealista. The company said all of the people involved in the mortgage brokerage activities have to be officially registered in Spain. Director Juan Villén says the license recognizes the company's 10-year history of providing best practice services. The websi...
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2020-05-25  17:09
CIJ News iDesk VII
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Events

Sonae Sierra launches drive-in pick-up...

Sonae Sierra has launched a free Drive-In service at the shopping centers it manages in Portugal to enable customers to order items online and collect them without leaving their cars. The new project was signed onto by 143 stores and will be accessed by customers driving to a fixed collection point in the car parks of each Center. Cristina Santos, Sonae Sierra's asset managem...
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2020-05-25  14:14
CIJ News iDesk V
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Economy

Russian GDP growth slowed to 1.6% in Q1 2020

Russia’s economy grew at a pace of just 1.6% in the first quarter of the year in because of the coronavirus pandemic and the slump in global oil prices it has brought about. With such a high percentage of shops and malls closed and millions around the world working from home, demand for gasoline plummeted. This sent prices for crude oil into negative territory, which has hit revenues ...
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2020-05-25  12:59
CIJ iDesk I
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Research

Construction permits for housing projects...

Germany's Federal Statistics Office reports that construction permits for the erection or renovation of over 78,000 apartments were issued during the first quarter of 2020. The figures were 4 percent more than in the first quarter of 2019, despite the fact that the coronavirus pandemic had arrived in Europe by March. Of the total, more than 68,000 apartments were in new homes, wh...
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2020-05-25  12:57
CIJ iDesk I
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Company News

German McDonald's franchisees catch a...

McDonald's is deferring rents and franchise fees for its German partners for the months of March and April as it tries to keep them on board despite the economic pain caused by the pandemic. The move comes despite the fact that restaurants were able to continue serving customers through their drive-thru windows. While these attracted customers, they didn't make up for the vo...
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2020-05-25  12:55
CIJ iDesk I
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Company News

Runners Point closing stores across Germany

Runners Point is closing down its stores, an apparent victim of the financial difficulties faced by its parent company Foot Locker. The company, whose history stretches back 35 years, was taken over from the KarstadtQuelle group in 2013. While no reasons were specified in the company's announcement, it mentioned the poor outlook for the company's business activities and the ...
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2020-05-25  12:54
CIJ iDesk I
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Politics

Hungary to ease Covid-19 restrictions on...

The Hungarian government will ease Covid-19 restrictions on movement starting next week. The easing will apply to all areas of the country with the exception of Budapest, said Gergely Gulyas, the head of the Prime Ministerʼs Office. The country had started relaxing lockdown measures on May 4, with the opening of more non-essential business outside of the capital and Pest County — wher...
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2020-05-25  12:43
CIJ iDesk I
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Company News

Just 14,000 cars: Czech automobile sector...

The Czech automobile industry produced just 14,000 cars in April, which under normal circumstances is what the country's manufacturers turn out in less than three days. Hospodářské noviny reports that the sector produces nearly one-quarter of all industrial output in the country and roughly 9 percent of its GDP. April was also a bad month for dealerships, as just 10,000 cars were...
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2020-05-25  12:42
CIJ iDesk I
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Project News

Ostrava selling land in center and near airport

The city of Ostrava has put two pieces of land on sale, following approval of the sale by its assembly. One plot, measuring 38.57 ha, is located next to the city's Strategic Industrial Zone and the Ostrava airport. It would be suitable for the construction of administration buildings or a technology park, where jobs producing higher added value products would be created. But the ...
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