Metro Bulgaria opened its first renovated franchise site in Bulgaria under the name "My Store". The program is one of the main company projects – a soft franchise model that brings together independent traders under one brand.
UDI Group is adding another project to its portfolio. It will build a suburban retail centre in the village of Líbeznice north of Prague. According to the developer, a similar centre with a supermarket and several smaller retail units at one address with quality parking facilities is still missing in this village of 3,000 inhabitants. UDI Group estimates the investment at CZK 100 million (€4.2 million).
Polish retail developer Scallier has inaugurated a new retail park in Vaslui, spanning 10,000 sqm. This is Scallier’s fifth retail park in Romania and its total footprint in the country has climbed to 40,000 sqm of leasable space.
Swedish furniture brand Ikea has opened an expanded order centre in Mall Galleria, Burgas. It features 140 sqm of retail space, a new kitchen designing studio with a showroom and four additional planning areas.
Mercedes-Benz has inaugurated the Silver Star complex on 52 Chelopeshko Shose, just outside of Sofia, Bulgaria. The complex is located in an area of 65,000 sqm, on two floors, and offers all sales and after-sales services for cars, trucks, vans, and buses.
After 13 years of operation, Eurovea will become the largest shopping centre in Slovakia as its extension is set to open on May 25th. The centre reports an occupancy rate of 95% and promises to bring new brands and innovative concepts. The developer J&T Real Estate is now completing work on most of the buildings in the second phase of the Eurovea project.
The Polish office of the international legal network Eversheds Sutherland will occupy the 18th and partly the 17th floor of the Widok Towers office building in the centre of Warsaw. It will take an area of over 1,400 sqm in the building, owned by Commerz Real fund.
The office space in Warsaw's PZO Factory (owned by White Star Real Estate) has been fully leased. The tenant of approximately 380 sqm on the ground floor of the PZO II building has become the medical company Affidea.
Cuponation GmbH will lease more than 200 sqm in the LIFE Building (formerly Atrium Tower) in Warsaw, which is owned by Austrian company VIG Fund (a part of Vienna Insurance Group). JLL is responsible for the commercialization process of the building. Tenant was represented by CBRE.
DLA Piper’s Prague office has appointed a Corporate partner with a focus on technology Tomáš Ščerba, Real Estate partner Michal Hink and Banking, Finance and Restructuring counsel Leo Javorek.
Following Magdalena Sekuła's resignation from the Supervisory Board of LPP, and the reduction of the number of Supervisory Board members below the statutory minimum, the Supervisory Board appointed Jagoda Piechocka as a Supervisory Board member.
Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
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