ARTICLES IN Retail  TOPIC

News PSN to renovate shopping centre in Pardubice
08
Dec
2023

PSN to renovate shopping centre in Pardubice

by Property Forum
In 2024, PSN will begin a two-year reconstruction of the famous functionalist building in the centre of Pardubice. The first republican Grand Hotel, which served as a shopping centre for over 20 years, will now be transformed into a modern shopping centre with full preservation of the original legacy of the architect Gočár. The renovation is expected to cost €12.331 million, PSN estimates.
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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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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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