ARTICLES IN Retail  TOPIC

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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News LCP Properties to install 80 car charging stations in M Parks
24
Oct
2023

LCP Properties to install 80 car charging stations in M Parks

by Property Forum
LCP Properties has completed the first phase of its ESG strategy aimed at making electric car charging stations widely available on its properties. Thanks to the signed agreement with Pure City, a total of 80 such devices will be installed directly at M Parks. The first of these will be set up at the M Parks currently under construction in Reda, Iława and Łochów. 
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News Mitiska REIM opens new retail park in Biała Podlaska
24
Oct
2023

Mitiska REIM opens new retail park in Biała Podlaska

by Property Forum
Mitiska REIM has announced the expansion of its joint venture partnership with Karuzela Holding with the opening of a new food-anchored retail park in the Polish city of Biała Podlaska.
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News Turawa Park receives building permit for expansion
23
Oct
2023

Turawa Park receives building permit for expansion

by Property Forum
The Turawa Park shopping centre near Opole, Poland has received a building permit to proceed with the expansion. The upcoming stage of this project will incorporate an extra 10,000 square meters, expanding the total retail area of the shopping centre to 36,000 square meters.
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News Scallier adds Stay Fit as tenant in Romanian retail parks
20
Oct
2023

Scallier adds Stay Fit as tenant in Romanian retail parks

by Property Forum
Retail developer Scallier has attracted Stay Fit Gym as tenant in its retail parks based in Romania. As part of the agreement covering 6,256 sqm, six fitness clubs under the Stay Fit brand will be opened in the retail projects operated by Scallier. The first retail park is slated to open in a retail park in Moșnița in the upcoming months.
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News New retail parks opening in Serbia announced for 2025
20
Oct
2023

New retail parks opening in Serbia announced for 2025

by Property Forum
Investors' interest in the construction of retail parks in Serbia has not been declining for several years now. Investors are mostly focused on building new facilities in secondary and tertiary locations. As much as 14% of the total offer of retail parks in Serbia is located in the region of central Serbia. The Šumadija region is attracting more and more attention, so the company Peštan announced the opening of a new retail park in 2025 - Arandjelovac Retail Park. 
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News Retail parks hold 39% of Romanian market in H1 2023
17
Oct
2023

Retail parks hold 39% of Romanian market in H1 2023

by Property Forum
At the country level, the share of retail parks in modern retail stock is constantly growing, at the end of H1 2023 claiming 39% of the market, according to a CBRE report. 
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News AFI Europe’s first retail park in Romania to open in November
17
Oct
2023

AFI Europe’s first retail park in Romania to open in November

by Property Forum
AFI Europe has completed the construction of its first retail park developed in Romania, located in the city center of Arad, with its inauguration scheduled for November 1. 
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News Retail vacancy in Poland is shrinking
11
Oct
2023

Retail vacancy in Poland is shrinking

by Property Forum
Cushman & Wakefield has released a summary of retail market conditions in Poland. Approximately 200,000 sqm is likely to be added to the market by the end of this year. Most of that total will be delivered in retail parks that account for 77% of the development pipeline, which will be consistent with the trend seen in recent years. Rental rates are on an upward year-on-year trajectory while the average vacancy rate in the largest Polish cities has dipped by 1.2 pp year-on-year. 
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News NEPI Rockcastle opens €136 million mall in Craiova
05
Oct
2023

NEPI Rockcastle opens €136 million mall in Craiova

by Property Forum
NEPI Rockcastle has officially opened its €136 million Promenada Craiova shopping centre in central southern Romania. 
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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