ARTICLES IN Retail  TOPIC

News Iulius kicks off €40 million mall expansion in Suceava
17
Sep
2024

Iulius kicks off €40 million mall expansion in Suceava

by Property Forum
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
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News Crestyl removes casino from historical palace in Prague
11
Sep
2024

Crestyl removes casino from historical palace in Prague

by Property Forum
The development group Crestyl is returning the Baroque Savarin Palace in the centre of Prague to the cultural map of the metropolis. The most valuable historical spaces of the newly renovated listed building by Kilian Ignác Dientzenhofer are opening doors for exhibitions instead of the casino.
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News Romania’s retail market heads for 5 million sqm by 2026
29
Aug
2024

Romania’s retail market heads for 5 million sqm by 2026

by Property Forum
Romania’s retail stock expanded by around 106,000 sqm during H1 2026, with another 205,000 sqm under development that could help the country reach the 5 million sqm milestone at the end of 2026, according to a Colliers report. 
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News JTH opens retail park in Lovosice
23
Aug
2024

JTH opens retail park in Lovosice

by Property Forum
JTH Group has opened the new Kaufland store and the adjacent Retail Park in Lovosice in North-west Bohemia. This project has been developed on an area of approximately 40,000 sqm on a former agricultural field.
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News EBRD invests in Romanian retailer La Cocoș
22
Aug
2024

EBRD invests in Romanian retailer La Cocoș

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer’s development plans.
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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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Latest news


New leases

  • Iulius Mall Suceava has attracted a raft of new tenants. LPP will inaugurate a 2,000 sqm Reserved store in October. German retailer New Yorker will open a 1,400 sqm unit, while TEDi discounter will open a 900 sqm store in the project owned by Iulius.
  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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