News - Polish retail market continues to perform well
18
Oct
2024

Polish retail market continues to perform well

by Property Forum
Cushman & Wakefield has summarised the situation on the Polish retail market for the third quarter of 2024, which saw a continuation of strong development activity, with new openings dominated by retail parks. The three months leading up to September marked the first quarter in the history of the Polish market in which one retail format accounted for the entire new supply. Retail market sentiment remained robust amid a growing number of brand debuts and strong retail sales, shopping centre footfall and turnover growth.
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News - Mitiska REIM opens new retail park in Pitești
14
Oct
2024

Mitiska REIM opens new retail park in Pitești

by Property Forum
Mitiska REIM has announced the opening of a new retail park in Pitești, the first of four new retail projects that the investor plans to open in Romania in the next two years. 
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News - Realia Fund Sicav grows by two retail parks
10
Oct
2024

Realia Fund Sicav grows by two retail parks

by Property Forum
Realia Fund Sicav has completed the acquisition of two retail parks, and the fund portfolio's value now exceeds CZK 2.2 billion (€86.8 million). A transaction with a total volume of approximately CZK 180 million (€7.1 million) concerns retail parks in Pilsen and Frýdek-Místek.
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News - Shopping centre in Prague faces troubles shortly after opening
08
Oct
2024

Shopping centre in Prague faces troubles shortly after opening

by Property Forum
The owner of the Máj shopping centre on Národní Street in Prague, Amadeus Real Estate (ARE), closed the children's playground on the building's roof in August due to missing permission and is now also closing the indoor playground named Lvíčkov (Little Lion Land), reports E15.cz.
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News - Redkom Development starts construction of retail park near Karpacz
04
Oct
2024

Redkom Development starts construction of retail park near Karpacz

by Property Forum
The construction of Przystanek Karkonosze, which is being developed in Miłków on the outskirts of Karpacz (southern Poland), has started. Redkom Development, which is developing the facility, has announced that the complex will be delivered in Q2/Q3 2025
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News - CPIPG to expand shopping centre in Teplice
02
Oct
2024

CPIPG to expand shopping centre in Teplice

by Property Forum
The Olympia Teplice shopping centre and business zone from CPI Property Group's portfolio is expanding. The enlarged shopping centre is planned to offer almost a hundred stores in an area of 43,000 sqm.
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News - NEPI Rockcastle concludes expansion of Shopping City Ploiești
25
Sep
2024

NEPI Rockcastle concludes expansion of Shopping City Ploiești

by Property Forum
NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project. 
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News - EPG saves energy in modernised hypermarket
25
Sep
2024

EPG saves energy in modernised hypermarket

by Property Forum
EPG Group is reopening the hypermarket Albert in the modernised Varyáda shopping centre in Karlovy Vary. The reconstruction of the centre has started at the beginning of this year during the full operation.
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News - Reico sells shopping centre in České Budějovice
19
Sep
2024

Reico sells shopping centre in České Budějovice

by Property Forum
The Reico ČS Nemovitostní fund (RČSN) has sold its smallest property, the shopping centre in České Budějovice. The building has been purchased by Conseq realitní, an open shareholding fund managed by Conseq Funds investiční společnost (investment company). 
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News - Iulius kicks off €40 million mall expansion in Suceava
17
Sep
2024

Iulius kicks off €40 million mall expansion in Suceava

by Property Forum
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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