ARTICLES IN Retail TOPIC

03
Sep
2021

Norblin Factory secures occupancy permit

by Property Forum
The 46-month revitalization of the Norblin Factory in Warsaw's Wola district, carried out by Capital Park Group, has come to an end. The complex has been granted an occupancy permit. At the investment site, preparations are currently underway to open the first concepts, which will be gradually unveiled to future visitors over the next few months.
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01
Sep
2021

Porto Montenegro presents unique retail rental opportunity

by Property Forum
At the end of 2020, Porto Montenegro presented to the public its long-awaited project - the concept of an innovative, urban neighbourhood, Boka Place, which features a carefully planned space, with numerous gastronomic, shopping and entertainment facilities and many other benefits that will be available to Porto Montenegro residents as well as all visitors.
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01
Sep
2021

HB Reavis close to completing new Bratislava bus station

by Property Forum
Construction works on the new bus station in the Nivy complex on Mlynské Nivy Street in Bratislava are in their final stages. Developer HB Reavis is already fine-tuning the details, testing lighting, technology and information systems. The terminal will be airport-style with 36 platforms, seven drop-off points and 86 bus stands with barrier-free access, the company informs in a press release.
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26
Aug
2021

Works on the STOP SHOP Zielona Góra construction site have started

by Property Forum
After receiving the building permit for STOP SHOP Zielona Góra, IMMOFINANZ, the owner of the STOP SHOP retail park brand, chose Mirbud as the general contractor for this project. The construction site was officially taken over by the contractor and construction works have started. The opening of the retail park with a total of 12 stores on nearly 6,700 sqm of space available for lease is planned for spring 2022.
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23
Aug
2021

Bucharest-based Vitantis Shopping Center secures new tenants

by Property Forum
Vitantis Shopping Center, the retail park owned by Revetas Capital, has closed new leasing deals for 3,900 sqm with three companies that will occupy spaces for the next 5-10 years. 
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23
Aug
2021

Dino Polska was opening one store a day in H1 2021

by Property Forum
In H1 2021 Dino Polska, a grocery store network continued its geographic expansion. Its store count climbed by 150 in this period to 1,622. That means that save for Sundays a new Dino store was opened in Poland every single day. At the same time, Dino Polska created 2.4 thousand new jobs and at the end of June it had more than 28.2 thousand employees.
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20
Aug
2021

NEPI records 28% year-on-year growth in turnover over H1 2020

by Property Forum
NEPI Rockcastle’s turnover in H1 2021 was 28.1% higher than in H1 2020 and 23.1% lower than in H1 2019 (on a property like-for-like basis, excluding hypermarkets and entertainment). The company published its interim financial report for H1 2021.
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09
Aug
2021

Czech shopping centre revenues are back to pre-crisis levels

by Property Forum
Following their reopening in May, shopping centres have seen both their revenue and footfall increase to a rate exceeding the performance during the same period last year. The footfall was lower than in the pre-crisis year 2019, but the revenue was comparable; in fact, it was slightly higher. Supermarkets and hypermarkets fare the best in terms of revenue; electronics and health and beauty products are also doing well. The current performance of shopping centres can therefore be described as very strong, with figures exceeding initial expectations, and investors show renewed interest in properties again, with several major retail transactions being planned for this year and the next. To date, office and logistics properties have been selling the best this year.
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09
Aug
2021

Trei’s Vendo Park portfolio in Poland grows to 26 retail parks

by Property Forum
Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oswiecim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. €7.2 million in the property. The new retail park is the first in the Lesser Poland Voivodeship.
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06
Aug
2021

Romanian retail parks pass the pandemic test

by Property Forum
The pandemic had a limited impact on the turnover of retail parks compared to shopping malls in Romania, according to real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Internet radio station, newonce.radio will move its headquarters to the Norblin Factory in Warsaw. On an area of 366 sqm there will be a new radio studio, editorial offices and office facilities, including a conference room.
  • Specjał Group, Polish-owned FMCG distributor, has leased another 1,400 sqm of warehouse space for its Warsaw branch in Panattoni Park Konotopa II. The tenant was represented during the lease transaction process by real estate advisory firm Cresa Poland.
  • Poczta Polska has leased 3,300 sqm of warehouse space and almost 1,000 sqm of offices in 7R City Flex Gdynia. The agreement has been signed for ten years.

New appointments

  • Two new professionals are joining MDC2 - a warehouse and industrial developer operating on the Polish market. Wojciech Kosiór has been appointed as a Head of Development and will be responsible for project development in Central and Northern Poland. Bartłomiej Kazirod has been appointed as a Project Director working within the construction team.
  • Paweł Suracki joined Colliers as the Investment Services Director. He will be responsible for managing sales and purchasing processes on behalf of Colliers' clients and for establishing and maintaining relationships with potential and current Colliers' partners in Poland.
  • Avison Young has announced a key change to its directors’ team in Budapest with the arrival of Martina Cifer at the helm of its Office Leasing department. In her new capacity, she shall oversee both the company's Landlord and Tenant Representation divisions.


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