CPI begins reconstruction of Budapest shopping centre

03
May
2021
News - CPI begins reconstruction of Budapest shopping centre #Budapest #CPI #Hungary #reconstruction #retail #shopping

by Property Forum | Retail

The interior of the Campona shopping centre in South Buda, owned by CPI Property Group,  will be completely rebuilt by the end of 2021.


Fine-tuning its previous plans and reacting to the changing market and customer environment, CPI Property Group will fully rebuild the entire customer area and accompanying service units in Campona. In line with earlier plans, most of the reconstruction work will be completed in 2021, with work beginning in May and the entire project scheduled to be completed early in 2022. According to plans, the entrances, the shopping area and the food court, and restrooms will all be rebuilt.

During the renovation, nearly 10,000 sqm of flooring and 4,450 sqm of false ceiling will be replaced, the food court will be expanded from 275 to 415 seats, and 200 plants and 20 relaxation zones for customers will also be added.  Nearly 2 km of LED tape will be installed as part of work on lighting.

With sustainability in mind, most of the floor and ceiling coverings to be used are made of recycled materials. The building will also get 11 new heating and cooling machines, incorporating environment-friendly technological solutions into its further operation.         

Accessibility auditor Access4you participated in designing the renewed shopping centre, which guarantees continued unhindered access to the impaired and the handicapped.




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  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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