Favourable start of the year hit by COVID-19 outbreak.

Retail spending grew notably by 8.6% y-o-y in the first two month of 2020.

E-commerce grew rapidly: in January by 20% y-o-y, in February by 23% y-o-y and in March 39% y-o-y. 

Two shopping centres are under construction with a total of 16,200 sq m. 

Prime rents also remained stable.