ARTICLES IN Retail  TOPIC

News NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024
21
Aug
2024

NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024

by Property Forum
NEPI Rockcastle has recorded a 13.5% gain in net operating income to €274 million during H1 2024 versus the same period of last year, while on a like-for-like basis it saw a 10% gain.
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News Indotek makes €45 million shopping centre purchase in Spain
12
Aug
2024

Indotek makes €45 million shopping centre purchase in Spain

by Property Forum
Hungarian real estate fund Indotek has purchased Espacio León shopping centre in the northern Spanish city of León from Blackstone for €45 million. 
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News Mitiska REIM and Park Lane launch retail JV in Bulgaria
08
Aug
2024

Mitiska REIM and Park Lane launch retail JV in Bulgaria

by Property Forum
Mitiska REIM has rolled out a joint venture (JV) with Park Lane Developments for the development of retail parks in Bulgaria. 
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News Retail deliveries in Poland reach 135,000 sqm in Q2 2024
08
Aug
2024

Retail deliveries in Poland reach 135,000 sqm in Q2 2024

by Property Forum
Around 135,000 sqm of modern retail space was added to Poland’s total stock in Q2 2024, with new supply comprising both new openings and extensions, while the end of H1 2024 the development pipeline amounted to around 335,000 sqm, according to a report by BNP Paribas Real Estate. 
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News Sierra Balmain expands services at Osowa Shopping Center
07
Aug
2024

Sierra Balmain expands services at Osowa Shopping Center

by Property Forum
Property manager Sierra Balmain has taken leasing and administration roles for the second owner of Osowa Shopping Center in Gdańsk. 
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News Hungarian REIT rebrands Czech shopping centres
07
Aug
2024

Hungarian REIT rebrands Czech shopping centres

by Property Forum
Shopper Park Plus Plc., a Hungarian REIT, member of Adventum Group, is rebranding the shopping centres and retail parks and launching a new brand on the Czech retail market.
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News Outlet centres continue to expand in Europe
05
Aug
2024

Outlet centres continue to expand in Europe

by Property Forum
The number of factory outlet centres in Europe rose slightly to 198 units in the last 12 months, while their sales area expanded by 7.6% to just under 3.3 million sqm, according to an ecostra report. 
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News Trikaya divests shopping centre in Prague
30
Jul
2024

Trikaya divests shopping centre in Prague

by Property Forum
The Trikaya real estate group has completed the modernisation of the Řepy Shopping Center in Prague and sold the entire project to the investment fund Pragorent.
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News Record number of brands enter Czech retail market
23
Jul
2024

Record number of brands enter Czech retail market

by Property Forum
Twenty brands have debuted on the Czech retail market in the first half of 2024, the highest number ever recorded. The biggest categories were Health and Beauty (six brands) and F&B (five brands). 
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News UDI builds shopping centre near Prague
23
Jul
2024

UDI builds shopping centre near Prague

by Property Forum
UDI Group is going to build a new shopping centre in Líbeznice near Prague with a Billa supermarket as the main tenant. The developer is now negotiating with other tenants for the other six units. 
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Latest news


New leases

  • A company specialising in the logistics sector, providing goods warehousing and transportation services, has leased a total of over 5,000 square meters of modern space at the MLP Czeladź logistics centre. The transaction was brokered by the consulting firm Rock Estate.
  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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