CPIPG to expand shopping centre in Teplice

02
Oct
2024
News - CPIPG to expand shopping centre in Teplice #CPIPG #Czech republic #retail

by Property Forum | Retail

The Olympia Teplice shopping centre and business zone from CPI Property Group's portfolio is expanding. The enlarged shopping centre is planned to offer almost a hundred stores in an area of 43,000 sqm.


In the new retail park, which will supplement the current shopping area of Olympia Teplice, customers will find up to 13 shops in an area of over 8,300 sqm. Construction began on September 1, 2024, and completion is expected at the turn of 2025/2026.

The new retail park emphasises sustainability and innovation. The project includes above-standard insulation with a green roof and photovoltaics, heat pumps and an HVAC recovery system for efficient use of heat and minimisation of energy losses. Automatic air conditioning control adjusts the operation to the current occupancy of the premises. The building is designed to achieve energy class A and aspire to BREEAM Excellent level certification.

"Our goal is to minimise the carbon footprint and eliminate negative environmental impacts," explained Tomáš Svoboda, Asset Manager at CPI Property Group.




Latest news


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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