ARTICLES IN Retail TOPIC

14
Feb
2019

C&W becomes PM of multi-purpose Prague building

by Property Forum
Cushman & Wakefield has become the new property manager for Myslbek, the iconic multi-purpose building owned by AEW. As part of Cushman & Wakefield’s international collaboration, its Polish office has become the manager of two major shopping and office centres in Poland, Klif in Gdynia, Klif House of Fashion and Klif Tower in Warsaw from the same owners. Both offices assume their property management duties in February 2019.
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31
Jan
2019

New developments on Poland’s retail market

by Property Forum
New retail supply amounted to approximately 420,000 sqm in 2018, pushing Poland’s total retail stock up by 3% to 14.7 million sqm. Nearly 30% of the new supply was completed in small-scale shopping centres and retail parks (sized below 20,000 sqm). Extensions of existing shopping centres and retail parks delivered approximately 60,000 sqm of new retail space. Cushman & Wakefield presented a summary of the Polish retail market in 2018.
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31
Jan
2019

AFI Europe invests €40 million in Arad retail park

by Property Forum
AFI Europe announced that it would start building a retail park in Arad by the end of this year. The developer will invest €40 million in the project located on an 80,000 sqm land plot, zf.ro reports.
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31
Jan
2019

Supernova to develop retail park in Sibiu with local partner

by Property Forum
Oasis Retail Development & Consulting has entered into a partnership with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu. The 40,000 sqm retail park is located north of the city centre.
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17
Jan
2019

Bucharest shopping centre extension launches

by Property Forum
Construction works have started on the extension of the Colosseum commercial centre in the northwestern part of Bucharest. Colosseum Mall represents the most important retail development in Bucharest during the last three years, a period during which the purchasing power per capita at the city level increased by almost 20%.
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17
Jan
2019

Mixed-use and omni-channel are the keywords in Poland

by Property Forum
The expected reduction in construction activity in 2019 indicates the maturity of the traditional retail format market. New opportunities for owners and tenants come in the form of mixed-use projects and omni-channel retailing. JLL summarised the Polish retail market in 2018.
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14
Jan
2019

Neinver takes over management of Silesia Outlet

by Property Forum
Neinver has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German-speaking countries. Neinver will be responsible for management, marketing and leasing.
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14
Jan
2019

HB Reavis receives €175 million loan for Bratislava project

by Property Forum
HB Reavis has received a syndicated loan of €175 million for the construction of the Nivy Station project in Bratislava. The loan is processed through a bank consortium of UniCredit Bank, Tatra banka, ČSOB and HYPO-BANK Burgenland, the transaction agent is UniCredit Bank. HB Reavis utilised the first part of the loan in December of 2018.
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03
Jan
2019

Large retailers grow rapidly in Romania

by Property Forum
Large retail chains operating mainly in shopping centres maintained an average growth rate of 12% in 2018, similar to 2017 and double the advance in consumption, which increased by 5.9% during the first ten months of the year, according to the second edition of Retailers' METRICS study by Cushman & Wakefield Echinox.
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03
Jan
2019

Poseidon Group to open new Serbian retail park this spring

by Property Forum
Poseidon Group continues to invest in the Serbian retail market by bringing its Capitol Park brand of retail parks to Zajecar in spring 2019.
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