New retail park to open in Ploiesti in Q1 2019

28
Nov
2018
News - New retail park to open in Ploiesti in Q1 2019 #Activ Property Services #Ploiesti #retail #retail park #Romania

by Property Forum | Retail

Victoria Ploiesti West Retail Park is planned to be opened in March 2019, according to Activ Property Services, the property’s exclusive agent. The project is a proximity retail park with 2,690 sqm of GLA, including some major tenants such as Mega Image (591 sqm), Pepco (543 sqm) and Zoomania (496 sqm).


Victoria Ploiesti West Retail Park is the newest retail project under development in Ploiesti, being located at the junction of Vestului Road and Targovistei Road, in an area with high car traffic. The project is located in the vicinity of the most populated residential districts in Ploiesti, shops, gas stations, restaurants, public facilities, medical services, schools etc.
 
“Victoria Ploiesti West Retail Park has a strategic location in the western part of Ploiesti, in a high traffic area. The retailers were delighted with the location in the proximity of some large residential districts, the project being provided with densely-populated catchment area.” says Valentin Manu, Head of Retail at Activ Property Services.
 
Ploiesti’s retail market is average developed, including 4 shopping centres with a total of 110,000 sqm GLA, a retail park of 9,150 sqm, big box units (supermarkets, discounters, DIY and furniture units) and high street units. The market is dominated by two shopping centres, namely Ploiesti Shopping City and AFI Palace Ploiesti, the current shopping centres density of 525 sqm / 1,000 inhabitants placing Ploiesti on the 13th place in Romania.



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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