ARTICLES IN Retail  TOPIC

News Poland's retail market closes stable year in 2022
31
Jan
2023

Poland's retail market closes stable year in 2022

by Property Forum
According to a Cushman & Wakefield report, the retail real estate sector saw the continued expansion of retail parks in 2022, accounting for 70% of new supply delivered to the market. Despite many challenges related to inflation and general economic uncertainty, 14 new brands made their debut in Poland during the year. However, the next few months may experience a downturn in consumer sentiment, with lower retail sales, and in turn, reduced turnover for retail tenants.
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News Cushman & Wakefield takes over Prague shopping centre
31
Jan
2023

Cushman & Wakefield takes over Prague shopping centre

by Property Forum
Cushman & Wakefield has taken over the management of the Atrium Flora shopping centre in Prague Vinohrady, owned by G City Europe (formerly Atrium European Real Estate), as of 1 January 2023.
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News Primark to open first shop in Hungary this autumn
24
Jan
2023

Primark to open first shop in Hungary this autumn

by Property Forum
Primark's first Hungarian store which will be opened in NEPI Rockcastle's Arena Mall shopping centre in Budapest is part of the ongoing expansion of the global retail chain.
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News Retail deliveries to hit 6-year high in Romania
18
Jan
2023

Retail deliveries to hit 6-year high in Romania

by Property Forum
Some 100,000 sqm of new retail spaces were delivered last year in Romania, of which 80% were integrated in retail parks, while new projects with a leasable area of around 230,000 sqm are expected in 2023, which would be a 6-year high, according to Cushman & Wakefield Echinox.
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News NEPI Rockcastle gets green loan for Ploiești Shopping City 
17
Jan
2023

NEPI Rockcastle gets green loan for Ploiești Shopping City 

by Property Forum
Property group NEPI Rockcastle, the largest owner of shopping centres in Romania, has secured a green loan totalling €‎60 million for Ploiești Shopping City from a syndicate of banks. 
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News Etele Plaza to get BREEAM Very Good certificate in Budapest
10
Jan
2023

Etele Plaza to get BREEAM Very Good certificate in Budapest

by Property Forum
This is the first shopping centre in Hungary to be given such an award in the construction phase. The property, developed by the Hungarian company Futureal was opened in late 2021. 
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News Czech retail market welcomes 38 new brands in one year
04
Jan
2023

Czech retail market welcomes 38 new brands in one year

by Property Forum
The Czech retail market once again proved its appeal to retail brands, with 38 new arrivals last year. That is the same figure as in 2021 when the influx of 38 new brands was partly the result of the postponement of some entries due to the pandemic. These numbers represent a roughly 50% increase compared to 2019 (22 brands) and 2020 (25 brands), according to the Cushman & Wakefield analysis of the Czech retail market in 2022.
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News Immofinanz ends 2022 with significant retail portfolio expansion
30
Dec
2022

Immofinanz ends 2022 with significant retail portfolio expansion

by Property Forum
Immofinanz has significantly expanded its retail portfolio in the 2022 financial year. As a result of acquisitions and completions, the portfolio has grown from 111 to 169 locations in ten European countries over the course of the year, with a carrying amount of approximately €2.3 billion (excluding S Immo). Rentable space increased by nearly 30% to approximately 1.36 million sqm.
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News HSF System SK completes two shopping centres in Slovakia
22
Dec
2022

HSF System SK completes two shopping centres in Slovakia

by Property Forum
Slovak construction company HSF System SK has completed the general delivery of two more shopping centres in Slovakia. In Kysucke Nové Mesto, which is located in the Žilina region, the shopping gallery Obchodná galéria Naša was opened to the public. In Košice, a new SIKO shopping centre was built.
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News Żabka opens two stores on Polish motorway
22
Dec
2022

Żabka opens two stores on Polish motorway

by Property Forum
From December 22 this year, customers travelling on the Wielkopolska Motorway will be able to make quick purchases in two Żabka stores located in motorway service areas, the so-called MOPs - Gnilec (the last rest stop before the German border) and Sosna (the first rest stop point after entering Poland from Germany). The new format includes the 9000th and 9001st jubilee stores. The new format is tailored to the needs of travellers, who can benefit from an extended range of hot snacks, coffee, and sandwiches or salads. 
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Latest news


New leases

  • K-Flex Group, the maker of elastomeric insulation, has leased 1,200 sqm in SpacePlus Chitila, owned by Speedwell. The lease deal was brokered by Esop Consulting.
  • TriGranit announced the signing of a new lease agreement with the medical centre enel-med for service space in the Signum Work Station building in Warsaw. Under the agreement, which includes both an extension of the existing lease and a more than threefold expansion of the leased area, the medical provider will occupy approximately 2,200 sqm of modern space on the ground floor of the building at ul. Domaniewska 49 in the Mokotów district. In December 2024, Signum Work Station was acquired by DRFG with the strategic support of TriGranit.
  • In June this year, the Polish branch of the Korean bank Industrial Bank of Korea will move into the 31st floor of the Warsaw Financial Center building. ITRA Polska advised the tenant in the process of leasing the office with an area of almost 950 sqm.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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