23
Aug
2024
Aug
2024
JTH opens retail park in Lovosice
JTH Group has opened the new Kaufland store and the adjacent Retail Park in Lovosice in North-west Bohemia. This project has been developed on an area of approximately 40,000 sqm on a former agricultural field.
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22
Aug
2024
Aug
2024
EBRD invests in Romanian retailer La Cocoș
The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer’s development plans.
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21
Aug
2024
Aug
2024
NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024
NEPI Rockcastle has recorded a 13.5% gain in net operating income to €274 million during H1 2024 versus the same period of last year, while on a like-for-like basis it saw a 10% gain.
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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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Latest news
- EAM completes €70 million logistics project near Warsaw
- Wing appoints new Deputy CEO
- Arete secures €30 million financing from PKO for Polish project
- Scallier to develop new retail park in Darłowo
- Harden Construction reaches 1 million sqm milestone in Poland
- Liquidity remains available for resilient retail assets
- Ukraine continues to rebuild housing stock amid ongoing war
- New Work expands at Warsaw's Metron
- Companies use 40% less office space versus pre-Covid period, says study
- YIT delivers new phase in Prague resi project
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- 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.
New appointments
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- 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.
