CPI Hungary builds new retail park in Salgótarján

22
Oct
2025
News - CPI Hungary builds new retail park in Salgótarján #Construction #CPIPG #Development #Hungary #Investment #Retail #Salgótarján #Shopping #Stop Shop #Sustainability

by Property Forum | Retail

Construction has begun on the region's newest Stop Shop retail park in the city centre of Salgótarján, Hungary. The project is developed by CPI Hungary.


The building, spanning over 7,500 sqm, will house 12 stores, including well-known brands such as Euronics, dm, Ecofamily, Háda, Retro and DRK (Dorko). Retro and DRK will open their first stores in the city, bringing something new to locals. Visitors will enjoy spacious parking, bicycle storage, electric car charging facilities and restrooms, making the retail park easily accessible by car, bicycle or public transport.

Family-friendly design plays an important role: a playground will be built on the Stop Shop site, offering pleasant recreation for families, while parking areas and pedestrian paths will be barrier-free, with spacious areas and green spaces providing a friendly, organised environment.

The investment follows environmental principles. The building will feature energy-efficient heating and lighting, low water consumption equipment, sustainable waste management, and renewable energy solutions, ensuring long-term environmentally conscious operation.

"Extensive preparatory work and thorough research preceded the Salgótarján Stop Shop project, so we are particularly pleased that implementation can now begin. This is a significant development for the city and the region, as excellent tenants are arriving who will bring new colour to Salgótarján's commercial life. We are already looking forward to the opening with great anticipation," said Balázs Sipos, Senior Retail Asset Manager at CPI Hungary. The retail park is expected to create nearly 100 jobs, and the developer, together with KÉSZ Építő és Szerelő Zrt., is paying special attention to giving local contractors opportunities during implementation.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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