12
Aug
2024
Aug
2024
Indotek makes €45 million shopping centre purchase in Spain
Hungarian real estate fund Indotek has purchased Espacio León shopping centre in the northern Spanish city of León from Blackstone for €45 million.
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08
Aug
2024
Aug
2024
Mitiska REIM and Park Lane launch retail JV in Bulgaria
Mitiska REIM has rolled out a joint venture (JV) with Park Lane Developments for the development of retail parks in Bulgaria.
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08
Aug
2024
Aug
2024
Retail deliveries in Poland reach 135,000 sqm in Q2 2024
Around 135,000 sqm of modern retail space was added to Poland’s total stock in Q2 2024, with new supply comprising both new openings and extensions, while the end of H1 2024 the development pipeline amounted to around 335,000 sqm, according to a report by BNP Paribas Real Estate.
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07
Aug
2024
Aug
2024
Sierra Balmain expands services at Osowa Shopping Center
Property manager Sierra Balmain has taken leasing and administration roles for the second owner of Osowa Shopping Center in Gdańsk.
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07
Aug
2024
Aug
2024
Hungarian REIT rebrands Czech shopping centres
Shopper Park Plus Plc., a Hungarian REIT, member of Adventum Group, is rebranding the shopping centres and retail parks and launching a new brand on the Czech retail market.
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05
Aug
2024
Aug
2024
Outlet centres continue to expand in Europe
The number of factory outlet centres in Europe rose slightly to 198 units in the last 12 months, while their sales area expanded by 7.6% to just under 3.3 million sqm, according to an ecostra report.
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30
Jul
2024
Jul
2024
Trikaya divests shopping centre in Prague
The Trikaya real estate group has completed the modernisation of the Řepy Shopping Center in Prague and sold the entire project to the investment fund Pragorent.
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23
Jul
2024
Jul
2024
Record number of brands enter Czech retail market
Twenty brands have debuted on the Czech retail market in the first half of 2024, the highest number ever recorded. The biggest categories were Health and Beauty (six brands) and F&B (five brands).
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23
Jul
2024
Jul
2024
UDI builds shopping centre near Prague
UDI Group is going to build a new shopping centre in Líbeznice near Prague with a Billa supermarket as the main tenant. The developer is now negotiating with other tenants for the other six units.
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22
Jul
2024
Jul
2024
Penta reveals plans for shopping centre in Bratislava
Penta Real Estate has submitted environmental impact assessment (EIA) documents for the Bory Mall expansion project in June 2024. The extension is bringing a new square replacing the existing exterior parking lot between the Bory Hospital and the Bory Mall shopping center.
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Latest news
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
- CTP signs 37,000 sqm lease with P&G in Prague
- Meta Estate Trust opens its first retail park near Bucharest
- Where capital is returning and why resilience matters more than ever
- Trigea Fund buys 88,000 sqm logistics park near Warsaw
- Lululemon plans expansion in Eastern Europe
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
New leases
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
