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

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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