ARTICLES IN Retail TOPIC

15
Apr
2021

Discount retailers grow in strength across Poland

by Property Forum
FMCG discounters have been going from strength to strength throughout Poland in recent years and have attracted growing levels of consumer interest amid the pandemic. What are the growth opportunities for this sector? Jakub Sadowski from Cushman & Wakefield talks about the direction discount retailers are now heading in.
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13
Apr
2021

Retail parks in Poland are pandemic-resistant

by Property Forum
The retail park format was gaining ground before the pandemic and continues to grow despite it. Over the past 20 years, the share of retail parks in the entire pool of shopping facilities in the country has increased from 6% to 15% and now they occupy approximately 1.97 million sqm, according to CBRE data. Retail parks remain popular among investors, confirming their strong position, even in times of a pandemic. Their popularity is underpinned by their locality, concentration of stores providing basic needs in one place and a smaller number of customer contact points than in large centres. According to CBRE experts, the current trends indicate that by 2030 retail parks may constitute 28% of all shopping space in Poland.
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08
Apr
2021

Kaufland Romania investments to reach €375 million in 2021

by Property Forum
Hypermarket chain Kaufland, part of German Schwarz Group, has increased its investment target in Romania in 2021. In 2020, the company opened 20 new stores, purchased land, and carried out upgrade works as part of a €300 million investment effort. 
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06
Apr
2021

Good first quarter of 2021 for Dino retail network

by Property Forum
Dino Polska opened 59 new stores in the first quarter of this year, compared to 16 y/y. At the end of March 2021, the chain consists of 1,532 stores, compared to 1,234 a year earlier.
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02
Apr
2021

Penny to use photovoltaic panels for Romanian warehouses

by Property Forum
Retailer Penny, controlled by German group REWE, will install photovoltaic (PV) panels on the roof of its warehouses in Romania. The renewable energy systems will be implemented in Turda and Ștefănești.  
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01
Apr
2021

C&W Echinox: Romania has five counties without modern retail centers

by Property Forum
Romania has development potential for retail projects in smaller cities, and five counties with a combined population of 1.8 million inhabitants are not covered by any modern retail schemes, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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01
Apr
2021

Wing to start renovation of Budapest shopping centre

by Property Forum
Hungarian developer Wing is set to start renovation works on the EuroCenter shopping centre in Budapest in the spring of 2021 with reopening scheduled for the spring of 2022. In addition to the international fashion brands, the shopping centre will offer its future visitors a diverse range of services, a renovated cinema, culinary experiences and a roof garden.
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26
Mar
2021

CPIPG opens new retail park near Prague

by Property Forum
Spektrum shopping centre, CPI Property Group’s latest retail development in the Czech Republic, opened its doors on 25 March. Located in Čestlice, in Prague’s south-eastern agglomeration, Spektrum is a convenience-focused retail park comprising over 20 units and over 6,500 sqm of space.
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24
Mar
2021

Bratislava’s retail market prepares for new supply

by Property Forum
Mountfield, Europe’s largest specialised retailer of garden machinery, swimming pools and home and garden equipment, has chosen the Shopping Palace centre as the site of its new store in Slovakia. Managing the shopping centre since 2013, the MVGM team has created a compact retail space for Mountfield, which covers 1,500 square metres and also includes a warehouse and suitable office space. On the occasion, MVGM summarised the state of Slovakia’s retail market.
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22
Mar
2021

Iulius builds new retail park near Iași

by Property Forum
Iulius started the construction works for its first retail park near Iași. Another one is to kick-off soon, and the total investment in the first two projects is €16 million.
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Latest news


New leases

  • Industrial developer Contera has concluded a contract with Pilsner Urquell for warehouse space measuring 3,676 sqm at Contera Park D1 in Ostrava-Hrušov.
  • 108 Agency has helped secure the lease of 1,600 sqm of industrial space to comic book publishing house Seqoy in Panattoni Park Prague Airport II.
  • M7 Real Estate has announced that it has let a total of 1,605 sqm in Mokotów Plaza to three existing tenants (KDI, Rockwool and Telepizza) under new leases, maintaining the office building as their Polish headquarters. The office now has an occupancy of 81% with an average unexpired lease term of over 7 years.

New appointments

  • Jan Kamoji-Czapiński has joined Colliers' EMEA Location Strategy department, which was launched earlier this year. Jan took up the position of Associate Director and will be responsible for, among others, supporting companies in the development and implementation of location strategies.
  • Prologis Hungary has appointed Adrián Nagy as Facility Manager. Adrián gained a wealth of experience in the real estate, technical and construction sectors while working for BIS Hungary Kft. At Prologis, he is taking on management responsibilities and will report directly to Szilvia Andrelli, Senior Manager for Real Estate & Customer Experience.
  • Gábor Gratzl has reinforced the WING team as Business Development and Transaction Manager since February 2021. Prior to his current position, he worked as a senior investment advisor for the CBRE Hungary Capital Markets Consulting team for more than five years.


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