ARTICLES IN Retail TOPIC

News Hagag secures building permit for Bucharest project
03
Aug
2022

Hagag secures building permit for Bucharest project

by Property Forum
Hagag Development Europe has received the building permit for the consolidation and renovation works on Știrbei Palace located in central Bucharest. The developer will select a general contractor to start the transformation of the historical building in a high-end commercial gallery.
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News Square 7 Properties starts new retail project in Romania
29
Jul
2022

Square 7 Properties starts new retail project in Romania

by Property Forum
Square 7 Properties has started the construction of a new retail park in Giurgiu, with a gross lettable area of 7,000 sqm. 
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News Trei opens 30th Vendo Park in Poland
28
Jul
2022

Trei opens 30th Vendo Park in Poland

by Property Forum
German developer Trei Real Estate has opened its thirtieth Vendo Park retail park in Poland. It is located in Otwock, in the south-eastern outskirts of Warsaw.
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News 15-minute service is changing the face of cities
26
Jul
2022

15-minute service is changing the face of cities

by Property Forum
The rise of e-commerce and changing customer preferences have created a new phenomenon: Dark Stores; that is, online retailers delivering goods within 15 minutes of ordering. During the pandemic and the closure of brick-and-mortar stores, e-commerce reached its peak. Some e-shops saw their sales grow by several tens of percents last year. In connection with this, demand for smaller, centrally located e-shop locations and warehouses with 150 to 500 sqm of space began to grow, especially in larger cities with sufficiently dense housing.
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News Czech retail market welcomes 15 new brands in Q1 2022
18
Jul
2022

Czech retail market welcomes 15 new brands in Q1 2022

by Property Forum
As many as 15 new brands arrived on the Czech retail market in the first six months of this year. Compared with the first halves of the past few years, this is the highest number since 2018, when multiple newcomers were attracted as a result of an outlet centre opening near Prague’s airport. The number of newly arriving brands in the second half of the year has been traditionally higher than in the first half, mainly as a result of the Christmas season. In effect, the number of newcomers this year can be expected to be similar to last year’s 38.
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News Iulius opens convenience retail project near Iași
14
Jul
2022

Iulius opens convenience retail project near Iași

by Property Forum
Romanian developer Iulius has opened its first convenience retail project in Miroslava locality, near Iași, following an investment of around €12 million.  
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News CBRE: Bucharest can have another 100,000 sqm mall
04
Jul
2022

CBRE: Bucharest can have another 100,000 sqm mall

by Property Forum
Romania is an attractive market for international retail companies which are interested in leasing large areas, often above 1,500-2,000 sqm, according to a report by real estate consultancy CBRE. Bucharest is the leading city with 66,222 sqm of retail spaces under development, followed byu Craiova, Timișoara and Iași.
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News Karimpol opens  first part of Bratislava retail project
30
Jun
2022

Karimpol opens first part of Bratislava retail project

by Property Forum
Austrian developer Karimpol Group has finished the first stage of the Squarebizz Bory project in Bratislava, which comprises eco-friendly retail storage, service and showroom space within an area of 15,000 sqm. The developer also announced the first tenants who have signed contracts already and the launching of the second phase.
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News Retail parks are a top investment now in Poland
29
Jun
2022

Retail parks are a top investment now in Poland

by Property Forum
Investors and clients in Poland are focusing on local shopping centres, says advisory firm Walter Herz. 
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News Czech retail space growth sets 5-year record in 2021
27
Jun
2022

Czech retail space growth sets 5-year record in 2021

by Property Forum
The year 2021 has recorded over 65,000 sqm of the space in newly completed retail parks. This is the highest growth of the retail space in the Czech Republic in five years. Behind this success, there is mainly the stable interest among shoppers, long-term lease contracts and tenant expansion as also a surge of interest among investors. Nevertheless, the higher costs are now slowing the construction of the new retail parks. Therefore, a boost in the demand for space and likely push up rents as well are expected, states Cushman & Wakefield in their last report.
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Latest news


New leases

  • Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.
  • A Rossmann chain outlet has opened in the TGG shopping centre in Wrocław. The new chemist's shop took up over 600 sqm next to the grocery shop. In September, the second TGG site, the Astra shopping centre in Wrocław, will in turn see the opening of a Pepco chain shop.
  • InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.

New appointments

  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
  • Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.


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