News - Indotek makes €45 million shopping centre purchase in Spain
12
Aug
2024

Indotek makes €45 million shopping centre purchase in Spain

by Property Forum
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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News - Mitiska REIM and Park Lane launch retail JV in Bulgaria
08
Aug
2024

Mitiska REIM and Park Lane launch retail JV in Bulgaria

by Property Forum
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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News - Retail deliveries in Poland reach 135,000 sqm in Q2 2024
08
Aug
2024

Retail deliveries in Poland reach 135,000 sqm in Q2 2024

by Property Forum
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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News - Sierra Balmain expands services at Osowa Shopping Center
07
Aug
2024

Sierra Balmain expands services at Osowa Shopping Center

by Property Forum
Property manager Sierra Balmain has taken leasing and administration roles for the second owner of Osowa Shopping Center in Gdańsk. 
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News - Hungarian REIT rebrands Czech shopping centres
07
Aug
2024

Hungarian REIT rebrands Czech shopping centres

by Property Forum
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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News - Outlet centres continue to expand in Europe
05
Aug
2024

Outlet centres continue to expand in Europe

by Property Forum
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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News - Trikaya divests shopping centre in Prague
30
Jul
2024

Trikaya divests shopping centre in Prague

by Property Forum
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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News - Record number of brands enter Czech retail market
23
Jul
2024

Record number of brands enter Czech retail market

by Property Forum
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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News - UDI builds shopping centre near Prague
23
Jul
2024

UDI builds shopping centre near Prague

by Property Forum
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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News - Penta reveals plans for shopping centre in Bratislava
22
Jul
2024

Penta reveals plans for shopping centre in Bratislava

by Property Forum
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


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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