News - White Star Real Estate to manage Sandecja retail centre
08
May
2024

White Star Real Estate to manage Sandecja retail centre

by Property Forum
White Star Real Estate has taken over the management of Galeria Sandecja in Nowy Sącz. This is another shopping center from the Focus Estate Fund portfolio, where WSRE assumes property management, and the first where it provides two management services in one facility for an external client.
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News - Uniqlo to open first permanent store in Poland this year
08
May
2024

Uniqlo to open first permanent store in Poland this year

by Property Forum
Global apparel retailer Uniqlo announced plans to open its first-ever permanent store in Poland. The new store, Uniqlo Arkadia, will be located at Westfield Arkadia shopping centre in Warsaw, and will greet its first customers in fall 2024.
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News - Shopping gallery in northwestern Bohemia expands
02
May
2024

Shopping gallery in northwestern Bohemia expands

by Property Forum
The execution of the extension of the Galeria Teplice shopping centre in northwestern Bohemia is planned for the third quarter of 2024. The project investor is the company Dandreet, and the general designer is Obermeyer Helika.
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News - Indotek Group concludes retail project revamp in Târgu Mureș
02
May
2024

Indotek Group concludes retail project revamp in Târgu Mureș

by Property Forum
Indotek Group has completed a large-scale revamping of its Plaza M retail project in Târgu Mureș. The company has invested €16 million in the renovation of the shopping complex prevously branded as Promenada Mall.
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News - Prime Kapital opens shopping mall in Pitești
25
Apr
2024

Prime Kapital opens shopping mall in Pitești

by Property Forum
Real estate developer Prime Kapital has opened Argeș Mall, a new shopping centre spanning 77,000 sqm in Pitești.
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News - Reconstruction of Białystok retail parks finishes
25
Apr
2024

Reconstruction of Białystok retail parks finishes

by Property Forum
Over 16,400 sqm GLA currently supplies the Białystok market with the Wysocki Retail Park, which was created on the basis of the former Outlet Białystok project. The owner, Newgate Investment, planned and implemented the processes of reconstruction and recommercialization of the former outlet with an original GLA of 13,336 sqm. As a result of the changes introduced, the area of the facility increased by over 3,000 sqm and the NOI level increased by approximately 70%. Redevelopment projects initiated by Newgate Investment began in 2021. The final stage is currently underway. Newgate Investment manages a real estate portfolio consisting of 30 commercial facilities with a total lettable area exceeding 126,000 sqm. The rental level of the property is close to 100%.
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News - EPP to manage M1 shopping centres and Power Parks in Poland
24
Apr
2024

EPP to manage M1 shopping centres and Power Parks in Poland

by Property Forum
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP. The company plans to develop the properties through leasing activities and space rearrangements and upgrades.
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News - Prague sees increased interest from premium brands for high street units
24
Apr
2024

Prague sees increased interest from premium brands for high street units

by Property Forum
Prague is the only city in the CEE region to boast a prime high street, a shopping street with only the most prestigious global brands, according to Colliers. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.
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News - Mitiska REIM opens 10th Karuzela retail park in Poland
23
Apr
2024

Mitiska REIM opens 10th Karuzela retail park in Poland

by Property Forum
Mitiska REIM has announced the opening of a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.
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News - Delta Holding submits shopping centre project in Košice for approval
22
Apr
2024

Delta Holding submits shopping centre project in Košice for approval

by Property Forum
A new shopping centre called OCKE is to be developed in Košice, reports DennikE.sk. Provided that the permitting process and following construction are successful, it is going to be the second-largest shopping centre in the Eastern Slovakia metropolis.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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