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European shopping centre owner warns over ‘clear resurgence’ of Covid

The outgoing chief executive of European shopping centre owner Eurocommercial Properties has said a “clear resurgence” of Covid-19 is a worry for the group following a pick-up in business during recent months.

Jeremy Lewis said the past quarter had “reassured us that our shopping centres remain popular with our tenants and clients, notwithstanding continuing anti-Covid-19 restrictions of one kind or another”. He pointed to “a significant improvement in fashion sales”, which had plunged during European lockdowns.

However, Lewis said: “There is clearly a resurgence of Covid-19, which is of concern to us all.” He highlighted the situation in Italy as certain to have “an impact on both visitor numbers and turnovers for the coming winter months”.

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