ARTICLES IN Retail  TOPIC

News - CPI Romania completes first phase of Sun Plaza upgrade
13
Nov
2025

CPI Romania completes first phase of Sun Plaza upgrade

by Property Forum
Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.
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News - URW opens expansion of Westfield Černý Most in Prague
12
Nov
2025

URW opens expansion of Westfield Černý Most in Prague

by Property Forum
Unibail-Rodamco-Westfield (URW) has inaugurated the rebranded Westfield Černý Most shopping centre in Prague, featuring an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded cinema experience, the destination now spans approximately 94,100 sqm and 180 units.
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News - Comfy Park Bydgoszcz retail park to open in Q1 2026
30
Oct
2025

Comfy Park Bydgoszcz retail park to open in Q1 2026

by Property Forum
A retail park is being developed on the site of the former Glinki shopping centre in Bydgoszcz, with opening planned for Q1 2026. The project, developed by Redkom Development, will initially have 16,000 sqm GLA. A second phase is planned to add another 4,000 sqm GLA. The investor is Newgate Investment.
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News - Romania retail deliveries surpass 2024 levels in nine months
29
Oct
2025

Romania retail deliveries surpass 2024 levels in nine months

by Property Forum
Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.
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News - Studium Green sells large land plot near Bucharest for €17 million
28
Oct
2025

Studium Green sells large land plot near Bucharest for €17 million

by Property Forum
Cluj-based entrepreneur Dorin Bob's company Studium Green has completed the sale of 157,000 sqm of land in Jilava, near Bucharest, to retail group Altex and furniture retailer Mömax, part of Austrian company XXXLutz. The land will be integrated into a larger plot owned by Altex to form the basis for the largest retail park in southern Bucharest. The total value of the transactions between Studium Green and both companies exceeds €17 million.
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News - Futureal secures €165 million refinancing for Etele Plaza
27
Oct
2025

Futureal secures €165 million refinancing for Etele Plaza

by Property Forum
Futureal, owner of the Etele Plaza shopping centre in Budapest, has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary, Erste Group Bank and UniCredit Bank Hungary. The refinancing extends the loan maturity to 2035.
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News - PSN opens reconstructed shopping centre in Pardubice
24
Oct
2025

PSN opens reconstructed shopping centre in Pardubice

by Property Forum
After almost two years of reconstruction, PSN is reopening the modernist Grand Palace in Pardubice to the public. The company has created a modern department store that combines history with today's urban life.
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News - EPG completes shopping centre modernisation
23
Oct
2025

EPG completes shopping centre modernisation

by Property Forum
After almost two years of construction, EPG Group has completed the modernisation and expansion of the Varyáda shopping centre in the Karlovy Vary region. The reconstruction has been managed with the shopping centre in full operation.
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News - CPI Hungary builds new retail park in Salgótarján
22
Oct
2025

CPI Hungary builds new retail park in Salgótarján

by Property Forum
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.
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News - New shopping centre to open in Budapest today
16
Oct
2025

New shopping centre to open in Budapest today

by Property Forum
Zenit Corso, a new community center in Budapest's Zuglo district, is scheduled to open its doors on October 16. Located behind Bosnyak Square, the development functions not only as a shopping centre but also as a modern urban promenade, featuring stores from numerous well-known brands.
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Latest news


New leases

  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.
  • Vitalaire Romania, a subsidiary of the Air Liquide Group, has relocated its offices to Bucharest-based One Cotroceni Park, in a deal brokered by iO Partners.

New appointments

  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.

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