News - Construction works starts in OTO Park Siemianowice
17
Jan
2025

Construction works starts in OTO Park Siemianowice

by Property Forum
The new shopping centre, developed by Acteeum Group and Falcon Investment Management, will be located in the centre of Siemianowice Śląskie (Silesia, southern Poland). Covering 18,000 sqm of GLA, it will offer customers a selection of 45 stores, dining opportunities, and 550 parking spaces. The opening of the facility is scheduled for the second half of 2026.
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News - Realia acquires new retail park
14
Jan
2025

Realia acquires new retail park

by Property Forum
Realia Fund Sicav has ended the previous year by acquiring a retail park in Stod City in the Pilsen region. With the completion of this purchase, the value of the fund's portfolio rose to CZK 2.35 billion (€93 million).
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News - CCM fund enters Prague's shopping centre supported by club loan
10
Jan
2025

CCM fund enters Prague's shopping centre supported by club loan

by Property Forum
A new fund managed by Upvest and the investment company RSJ have secured a quarter share in the Černý Most shopping centre in Prague, reports Hospodářskénoviny.cz.
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News - Mitiska REIM secures €50 million co-investment from EBRD
10
Jan
2025

Mitiska REIM secures €50 million co-investment from EBRD

by Property Forum
Mitiska REIM, the investor specialized in retail and logistics projects, has secured a €50 million co-investment alongside the MEREP 3 value-add fund from the European Bank of Reconstruction and Development (EBRD).
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News - ZDR acquires new retail park in Czech city
07
Jan
2025

ZDR acquires new retail park in Czech city

by Property Forum
ZDR Investments has announced the acquisition of a retail park in Velké Meziříčí in the Czech Republic before the year 2024 closing. This property with a rentable area of over 4,500 sqm has become part of the ZDR Investments Public SICAV a.s. fund.
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News - Czech retail market works as gateway for expansion
07
Jan
2025

Czech retail market works as gateway for expansion

by Property Forum
According to a survey by Cushman & Wakefield tracking new entries for 11 years, 47 brands have entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 in 2023. 
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News - Redkom Development to build retail park in Karpacz
23
Dec
2024

Redkom Development to build retail park in Karpacz

by Property Forum
Przystanek Karkonosze, a retail park of 16,000 sqm GLA, is being built in Miłków, a suburb of Karpacz. The facility will be located on Karpacka Street at the intersection of roads leading to Karpacz, Kowary, Szklarska Poręba and Jelenia Góra, forming one of the most attractive retail destinations in the Karkonosze district.
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News - MAS sells strip malls in Romania for €49 million
21
Dec
2024

MAS sells strip malls in Romania for €49 million

by Property Forum
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
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News - European luxury high street yields stay stable
17
Dec
2024

European luxury high street yields stay stable

by Property Forum
According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favourable among retail investment properties.
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News - NEPI to power Romanian portfolio from green sources by 2026
13
Dec
2024

NEPI to power Romanian portfolio from green sources by 2026

by Property Forum
NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.
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Latest news


New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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