EPG completes first phase of shopping centre extension

27
Nov
2024
News - EPG completes first phase of shopping centre extension #Czech Republic #EPG Group #retail

by Property Forum | Retail

EPG Group is opening a new part of the Varyáda shopping centre in the Karlovy Vary region on November 29 and 30. This extension is the first phase of the Varyáda renovation, due to be completed before Christmas 2025.


The newly opened part of the centre will welcome customers with fast food brands such as McDonald's, KFC and Bageterie Boulevard. A significant change is moving the O2 store to larger premises and opening Geco, ScanQuilt and Yves Rocher stores near the recently modernised Albert hypermarket. Datart, Eta and Klenoty Aurum will also open their doors here. A new part with a gastro zone and branded stores is an important part of the ongoing modernisation, which will expand the offer to more than 100 domestic and international brand stores by Christmas 2025. 

"This is a major milestone in the centre's history," says Martin Malý, Director of marketing and communications at EPG Group, and continues: "However, the modernisation does not end there - as part of the next phase, a multi-cinema Premiere Cinemas will also be built. We are also thinking about sustainability: part of the modernisation is the installation of photovoltaic panels and charging stations for electric cars."




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  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.
  • Equans has leased 1,600 sqm for a new IT hub in Bucharest-based One Cotroceni Park, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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