BHM group has completed the sale of its ten Polish retail parks to Czech investment company Reticulum, whose real estate and development group MY Park has been currently owning, co-owning, and managing shopping centres in the Czech Republic and Slovakia.

Generali Adriatic Value Fund has sold the Arkadia shopping centre, located in Domžale, northeast of Ljubljana, Slovenia, to SES Spar European Shopping Centers, for an undisclosed sum.

After several years of financially demanding renovation, the five-star Fairmont Golden Prague hotel, formerly InterContinental, has opened, reports newstream.cz.

The sale of Prague’s Palladium is entering the final stages. According to two independent sources, the first bids have been submitted lately, reports Seznamzpravy.cz. And three finalists have emerged from them. 

The Hungarian government has submitted for public consultation a proposal to amend the regulation commonly referred to as the “mall stop” (Government Decree No. 143/2018 (VIII.13.)), which governs the operation of commercial units larger than 400 sqm. The consultation period closed on 10 June. Legal experts from international law firm Taylor Wessing have analysed the potential implications of the proposed changes.

M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.

Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.

Contera has begun preparatory and construction work on the City Site project in Bratislava, according to YIMBA.sk. The former brownfield is being transformed into a space for small business units.

A new retail park has opened in Pyrzyce, marking the town’s first modern shopping centre. The project was developed by PKB Inwest Budowa in partnership with Scallier, which handled site selection, acquisition, advisory, leasing, and is now overseeing the sales process

Polish developer Scallier opened a new retail park with a leasable area of 10,000 sqm in Ploiești.