JYSK to open six new stores in Bulgaria

31
May
2023
News - JYSK to open six new stores in Bulgaria # #Bulgaria #expansion #Jysk #retail #SEE

by Property Forum | Retail

Danish retailer JYSK announced the opening of six new stores in Bulgaria by August 2023, along with the renovation of five existing branches


Older stores will be transformed into the new concept Store 3.0, as part of a company plan to upgrade all stores opened locally before 2018, the company said in a statement. The first such store in the country will open on June 1st in the southern city of Pazardzhik. In addition to its retail expansion, the company launched earlier this month a business-to-business (B2B) department for its corporate clients in Bulgaria. JYSK also entered the Turkish market in early May. Тhе dіѕtrіbutіоn сеntеr іn Воzhurіѕhtе wіll dеlіvеr gооdѕ tо thе nеw ѕtоrеѕ іn Тurkеу, rеасhіng а tоtаl оf 12 соuntrіеѕ ѕеrvеd bу thе сеntеr.

Jyѕк'ѕ роѕіtіvе rеѕultѕ іn Вulgаrіа аrе раrt оf а brоаdеr ѕuссеѕѕ ѕtоrу, аѕ јyѕк, whісh ореrаtеѕ а tоtаl оf mоrе thаn 3,200 ѕtоrеѕ іn 48 соuntrіеѕ, rероrtеd rесоrd rеѕultѕ wіth а tоtаl turnоvеr оf €4.87 bіllіоn аnd а рrоfіt оf €612 mіllіоn.




New leases

  • 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.

New appointments

  • 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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