ARTICLES IN Retail TOPIC

03
Apr
2017

HB Reavis to start new Bratislava project

by Ákos Budai
HB Reavis has received the green light to start work this summer on Stanica Nivy, a new shopping centre and international bus station in Bratislava, after successfully gaining construction consent. The entire project is being financed by HB Reavis, representing a total investment volume of €345 million.
Read more >
13
Mar
2017

EBRD invests in Romanian supermarket chain

by Ákos Budai
The EBRD is joining forces with Mid Europa Partners to strengthen Romanian supermarket and convenience chain Profi Rom Food S.R.L. by providing a €25 million equity investment. Profi operates around 523 stores in more than 272 localities throughout Romania. The EBRD’s financing will support a further expansion of the network, particularly into the country’s smaller towns.
Read more >
08
Mar
2017

GTC lays cornerstone for Belgrade mall

by Ákos Budai
The ceremonial laying of the cornerstone for Ada Mall, GTC’s latest retail investment in Belgrade, was held on 6 March 2017. The opening of the 34,000-sqm mall is scheduled for autumn 2018.
Read more >
28
Feb
2017

€67 million loan for Rockcastle’s Polish shopping mall

by Ákos Budai
pbb Deutsche Pfandbriefbank, Helaba and ING Bank have jointly underwritten an increase to an investment facility, totalling €67 million, to refinance Focus Mall Zielona Gora in Poland. This facility is in addition to a €164 million facility granted by the same banking consortium in 2016, for the Karolinka, Pogoria and Platan Shopping Centres in Poland. The assets are owned by Rockcastle Global Real Estate Company Limited. The transaction closed in February 2017. 
Read more >
28
Feb
2017

Polish retail stock exceeds 11 million sqm

by Ákos Budai
At end-2016, Poland’s total stock of modern shopping centres, including retail parks and outlet centres, reached 11.2 million sqm of GLA across 479 retail schemes. The Polish Retail Research Forum (PRRF) has summarized the retail market in Poland in H2 2016. 
Read more >
23
Feb
2017

New property manager for Budapest mall

by Ákos Budai
Colliers REMS Hungary has been assigned the role of Center Manager including the operational management of the in total 220,000 sqm KÖKI Terminál shopping mall. The assignment also includes the management and technical support of tenant fitting out works.
Read more >
09
Feb
2017

Retail developers go for regional cities in Romania

by Ákos Budai
The Romanian retail market continued to expand in 2016 with total stock reaching 1.22 million sqm in Bucharest and 2.3 million sqm in regional cities. For 2017 no major retail project is scheduled for completion in the capital, while 130,000 sqm are expected to be delivered in regional cities. DTZ Echinox Romania published its retail reports for 2016.
Read more >
09
Feb
2017

Retailers continue to expand in Poland

by Ákos Budai
Poland’s total retail stock stood at nearly 14 million sqm at year-end 2016. Shopping centres continue to dominate the market, accounting for 73% of the country’s stock, followed by retail warehouses (18%), retail parks (8%) and outlet centres (1%). Last year’s new supply totalled 460,600 sqm, of which more than three-fourths were delivered across shopping centres. Twenty two new retail schemes were opened in 2016: 15 shopping centres, the largest being Posnania in Poznań (99,000 sqm) and Galeria Metropolia in Gdańsk (34,000 sqm), two retail parks and five standalone retail warehouses. Extensions and redevelopments of 13 existing schemes provided 74,000 sqm of leasable space, making up 16% of the total annual supply. Cushman & Wakefield presented its latest report on Poland’s retail market.
Read more >
30
Jan
2017

C&W manages one more Czech shopping centre

by Ákos Budai
With effect from this January, Cushman & Wakefield is the manager of both shopping centres in Mladá Boleslav. Both Olympia Mladá Boleslav, which Cushman & Wakefield has been managing since 2015, and Bondy shopping centre are now under the management of one company. CPI Property Group owns both centres.
Read more >
25
Jan
2017

Knight Frank appointed asset manager of Zgorzelec Plaza

by Ákos Budai
Knight Frank has been appointed asset manager, property manager and sole agency of the Zgorzelec Plaza shopping and entertainment centre. A new lease agreement with a fitness services provider has also been signed recently.
Read more >

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Milan, Germany, Bucharest, Budapest, Belgrade, Bratislava and Prague.
MORE >

FORUMS

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017     Terms & conditions | Privacy policy