ARTICLES IN Retail  TOPIC

News M Core enters Romania with €219 million retail park acquisition
07
Dec
2023

M Core enters Romania with €219 million retail park acquisition

by Property Forum
Pan-European commercial property collective, M Core, has officially launched into the Romanian market following the acquisition of 25 retail parks from Mitiska REIM in a deal worth  €219 million.
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News Mitiska REIM opens new retail park in České Budějovice
05
Dec
2023

Mitiska REIM opens new retail park in České Budějovice

by Property Forum
Mitiska REIM has announced the opening of its new retail park development in České Budejovice in Southern Bohemia. The new Czech retail park was developed in partnership with local partner Asset Services.
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News NEPI Rockcastle: International retailers crowd into CEE
28
Nov
2023

NEPI Rockcastle: International retailers crowd into CEE

by Property Forum
Higher disposable income across CEE markets are outpacing those in more mature Western European economies, with existing retail spaces trying to keep up with growing demand, according to a NEPI Rockcastle report.
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News Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News Scallier opens retail park near Timișoara
20
Nov
2023

Scallier opens retail park near Timișoara

by Property Forum
Scallier has opened a new retail park in Moșnița, near Timișoara, making it the sixth in the company’s portfolio based in Romania.
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News NEPI Rockcastle posts 23% growth of net operating income by Q3 2023
16
Nov
2023

NEPI Rockcastle posts 23% growth of net operating income by Q3 2023

by Property Forum
Real estate group NEPI Rockcastle has recorded a net operating income of €365 million in the first nine months of 2023, up by 23% compared to the same period of last year. The result was boosted by improved tenant sales and the contribution of the acquisitions completed during 2022.
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News M Core opens retail park in Łochów near Warsaw
15
Nov
2023

M Core opens retail park in Łochów near Warsaw

by Property Forum
M Core has opened another retail park in Łochów near Warsaw. It's the 46th retail park under M Park brand in Poland.
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News Prologis signs major lease with dm-drogerie markt in Prague
06
Nov
2023

Prologis signs major lease with dm-drogerie markt in Prague

by Property Forum
Dm-drogerie markt has signed an agreement to lease new warehouse space in Prologis Park Prague-D1 Ostředek. The new dm distribution centre will cover an area of 21,000 sqm and will also include offices. 
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News Hagag Development Europe starts its first retail project in Bucharest
31
Oct
2023

Hagag Development Europe starts its first retail project in Bucharest

by Property Forum
Hagag Development Europe has kicked off the construction works for the consolidation and repurposing of Știrbei Palace on Calea Victoriei. The building will be transformed into H Știrbei Palace, the company's first retail project in Bucharest.
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News Portin Group to sell ten Czech retail parks for €162 million
27
Oct
2023

Portin Group to sell ten Czech retail parks for €162 million

by Property Forum
A CZK 4 billion (€162 million) real estate deal is set to take place in the Czech Republic in 2024, which will undoubtedly be one of the biggest in the next year. Development group Portin is set to sell a set of around ten retail parks whose main tenants include Billa, Penny Market, DM Drogerie and Datart, writes online daily e15.cz. 
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Latest news


New leases

  • Sema Real Estate has leased over 1,000 sqm to Elite Skills Arena, which is set to open in Bucharest-based Sema Parc the most advanced training centre dedicated to children and young people preparing for elite football, as well as professional players.
  • Lindab has signed a new lease extension agreement with MLP Group for approximately 6,700 sqm at the MLP Pruszków II complex near Warsaw. The agreement was mediated by the Knight Frank agency.
  • Front Line Hungary Kft., a company specializing in the online trade of Mexican and American food products, has signed a lease agreement for 1,500 sqm in CTPark Budapest West.

New appointments

  • Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.
  • Katarzyna Jaworska has joined Colliers' office department, taking on the position of Associate Director. In her new role, Katarzyna will be responsible for office lease consultancy for public sector clients.
  • Krystian Pachówka joined AEW Europe as Head of Asset Management Logistics Poland in February this year. In the CEE region, AEW manages properties in the office, retail and logistics sectors.

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