ARTICLES IN Retail  TOPIC

News CPIPG to expand shopping centre in Teplice
02
Oct
2024

CPIPG to expand shopping centre in Teplice

by Property Forum
The Olympia Teplice shopping centre and business zone from CPI Property Group's portfolio is expanding. The enlarged shopping centre is planned to offer almost a hundred stores in an area of 43,000 sqm.
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News NEPI Rockcastle concludes expansion of Shopping City Ploiești
25
Sep
2024

NEPI Rockcastle concludes expansion of Shopping City Ploiești

by Property Forum
NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project. 
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News EPG saves energy in modernised hypermarket
25
Sep
2024

EPG saves energy in modernised hypermarket

by Property Forum
EPG Group is reopening the hypermarket Albert in the modernised Varyáda shopping centre in Karlovy Vary. The reconstruction of the centre has started at the beginning of this year during the full operation.
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News Reico sells shopping centre in České Budějovice
19
Sep
2024

Reico sells shopping centre in České Budějovice

by Property Forum
The Reico ČS Nemovitostní fund (RČSN) has sold its smallest property, the shopping centre in České Budějovice. The building has been purchased by Conseq realitní, an open shareholding fund managed by Conseq Funds investiční společnost (investment company). 
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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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Latest news


New leases

  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
  • ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.
  • Cushman & Wakefield has appointed Szczepan Gowin to head its Industrial & Logistics Agency in Poland. He has over 15 years' of international experience in logistics and supply chain management.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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