ARTICLES IN Retail  TOPIC

News EPP to manage M1 shopping centres and Power Parks in Poland
24
Apr
2024

EPP to manage M1 shopping centres and Power Parks in Poland

by Property Forum
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP. The company plans to develop the properties through leasing activities and space rearrangements and upgrades.
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News Prague sees increased interest from premium brands for high street units
24
Apr
2024

Prague sees increased interest from premium brands for high street units

by Property Forum
Prague is the only city in the CEE region to boast a prime high street, a shopping street with only the most prestigious global brands, according to Colliers. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.
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News Mitiska REIM opens 10th Karuzela retail park in Poland
23
Apr
2024

Mitiska REIM opens 10th Karuzela retail park in Poland

by Property Forum
Mitiska REIM has announced the opening of a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.
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News Delta Holding submits shopping centre project in Košice for approval
22
Apr
2024

Delta Holding submits shopping centre project in Košice for approval

by Property Forum
A new shopping centre called OCKE is to be developed in Košice, reports DennikE.sk. Provided that the permitting process and following construction are successful, it is going to be the second-largest shopping centre in the Eastern Slovakia metropolis.
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News Reconstruction of Prague's Černý Most Centre heads to final phase
18
Apr
2024

Reconstruction of Prague's Černý Most Centre heads to final phase

by Property Forum
Reconstruction of the mixed-use commercial centre Černý Most in Prague 14 is beginning in April this year. The project from the Unibail-Rodamco portfolio is bringing 32 new shops and restaurants and 3 new cinemas.
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News Time Out Market to open new unit in Budapest
17
Apr
2024

Time Out Market to open new unit in Budapest

by Property Forum
Time Out Market Budapest is set to open in 2025 at Corvin Palace at Blaha Lujza Square. The historic department store first opened in 1926 and has recently been renovated back to its original neoclassical state and redeveloped as a mixed-use real estate property offering retail, leisure and a hotel, timeout.com reports.
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News Polish retail makes a good start into 2024
17
Apr
2024

Polish retail makes a good start into 2024

by Property Forum
Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are expected to follow amid improving retail sales, rising shopping centre footfall and turnover levels as inflation is weakening.
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News Romania’s retail market to pass 4.5 million sqm threshold in 2024
15
Apr
2024

Romania’s retail market to pass 4.5 million sqm threshold in 2024

by Property Forum
Romania’s retail market could top 4.5 million sqm this year considering that around 185,000 sqm of new retail projects are under various construction and planning stages, according to CBRE data.
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News Fashion House to extend outlet centre in eastern Bucharest
09
Apr
2024

Fashion House to extend outlet centre in eastern Bucharest

by Property Forum
Fashion House Group will deliver in late June the second phase of its outlet centre in the Pallady area, eastern Bucharest, following an investment of €45 million.
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News Poles still bet on discount stores
08
Apr
2024

Poles still bet on discount stores

by Property Forum
More than 60% of Polish consumers do their larger grocery shopping in excess of PLN 100 in discount stores. A similar proportion of people in Poland opt for shopping centres on account of their entertainment offer, while nearly 40% go to retail parks which they value for familiarity with space layouts - a guarantee of a quick and easy shopping trip. According to the latest report from Cushman & Wakefield, Polish people have clearly defined expectations about each retail format, with each likely to respond to different shopping and other needs.
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Latest news


New leases

  • Flowserve Hungary Services has leased 2,550 sqm of office space in the Liberty mixed-use building in Budapest. The company will move into this Autumn.
  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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