ARTICLES IN Retail TOPIC

26
Feb
2021

7,000th store of Żabka chain opened in Poland

by Property Forum
On February 25, 2021 the 7,000th store of Żabka chain was opened. The facility is located in the town of Biecz in Lesser Poland. 
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25
Feb
2021

Ikea opens first store in Slovenia

by Property Forum
Swedish furniture group Ikea is set to open its first store in Slovenia in Ljubljana today. To ensure a safe shopping experience and avert long queues in front of the store, Ikea has mandated advanced bookings for in-person shopping in the first weeks following the opening. The number of visitors is capped at 700 with Ikea estimating that they will spend roughly two hours on average browsing around the store.
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24
Feb
2021

Tirana’s brutalist landmark to undergo major renovation

by Property Forum
Construction has started on the Pyramid of Tirana, the brutalist monument in the heart of Albania’s capital city. Rotterdam-based architectural studio MVRDV's design will see this crucial heritage building, once the showpiece of Communist dictator Enver Hoxha, dramatically renovated. The concrete structure will be reused, the atrium and its surroundings greened and opened, and a small village of cafes, studios, workshops, and classrooms – where Albanian youth will learn various technology subjects for free – will permeate the site, both inside and outside the pyramid itself. The Pyramid is thus expected to become a new hub for Tirana's cultural life and a carrier for the new generation.
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22
Feb
2021

Pop-up stores grow in popularity

by Property Forum
Growing international interest in pop-up stores has taken hold due to the impact of the COVID-19 pandemic, which has caused a reevaluation of both traditional sales models, and customer shopping expectations. The main benefits associated with this particular format are the element of surprise, the opportunity to further enhance a retail offer as well as the chance to attract new groups of customers. Owners and tenants of retail locations are starting to see the benefit of pop-up stores along with many global brands such as Gucci and Prada, which have already responded to current trading conditions. So, is Poland set to see this trend as well?
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17
Feb
2021

CEE countries record the largest increases in online shopping

by Property Forum
Online shopping is continuing to grow in the European Union. With high street shopping affected by the COVID-19 restrictions and changes in habits and preferences, e-commerce can be expected to grow further. Data realised by Eurostat reveals that over the last five years, the largest increases in online shopping among internet users were recorded in CEE countries.
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04
Feb
2021

New retail supply to decrease by 50% in Romania in 2021

by Property Forum
2020 was a year characterized by increased activity in regional cities in terms of commercial centre deliveries, but the delivery volume of new spaces will reduce strongly this year, according to the real estate consulting company Cushman & Wakefield Echinox.
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03
Feb
2021

SES to open new retail park in Kaposvár, Hungary in March

by Property Forum
Austria-based retail developer and operator SES Spar European Shopping Centers has announced the opening of a new retail park in the Hungarian city of Kaposvár which will take place on 11 March 2021. S-PARK Kaposvár is a supraregional supply centre featuring strong anchor stores, including the only Interspar market of the city, located in the southwest of the country. The addition of S-PARK Kaposvár increases SES’s property portfolio to a total of 30 shopping destinations in six countries.
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02
Feb
2021

Castorama takes over former Tesco stores in Poland

by Property Forum
The Castorama network of renovation and construction stores will expand with five new stores, which until recently operated under the Tesco brand. Each of them will be reconstructed, adapting not only to the standards of the new owner, according to DlaHandlu.pl.
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02
Feb
2021

Retail trends: focus on local, sustainability and omnichannel

by Property Forum
Poland saw 33 new schemes delivered to the market in 2020 despite retail being in crisis. What does the future hold for the newly-built and existing shopping centres and retail parks? Beata Kokeli, Head of Retail Agency at Cushman & Wakefield, talks about trends in the retail sector.
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02
Feb
2021

Atrium issues €300 million inaugural green bond

by Property Forum
Atrium European Real Estate Limited has priced a €300 million inaugural green bond offering due 5 September 2027 under its EMTN Programme. The New Green Notes are issued by Atrium Finance Issuer B.V. and are guaranteed by Atrium. An amount equal to the net proceeds of the offering will be allocated to finance or refinance eligible projects and assets.
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Latest news


New leases

  • Cushman & Wakefield Echinox moves its headquarters to the office building developed by businessman and former tennis player Ion Tiriac near Piata Victoriei in Bucharest. The company rented here a space between 300 and 500 sqm.
  • CBRE Romania will move from this summer to a new headquarters. The company rented almost one floor of One Tower, which has 1,400 sqm.
  • Furniture retailer Mobexpert leased 2,000 sqm of warehouses and offices in Constanța Business Park, developed by Global Vision and Globalworth. Following recent transactions, Constanța Business Park has reached an occupancy rate of 70%.

New appointments

  • Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
  • JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
  • Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.


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