ARTICLES IN Retail  TOPIC

News M Core opens Świdnik M Park retail centre
03
Apr
2023

M Core opens Świdnik M Park retail centre

by Property Forum
With a €10 million investment, M Core has made another commitment to its portfolio in Poland through the announcement of the Świdnik M Park development. At 7,700 ssqm, the retail park will be the largest development for M Core in Poland and the first created under the M Park brand, built by LCP Properties — one of the five property entities that sits under the M Core umbrella.
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News Trei opens another two Vendo Parks in Poland
31
Mar
2023

Trei opens another two Vendo Parks in Poland

by Property Forum
Trei Real Estate GmbH just opened another two retail parks of its Vendo Park brand in Poland. The properties are located in Zambrów (Podlaskie Voivodeship) and in Kraków (Lesser Poland Voivodeship). The investment volume adds up to c. €16.4 million. The two retail parks have a combined lettable area of around 11,000 square meters.
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News Square 7 Properties & Mitiska REIM open retail park in Giurgiu
29
Mar
2023

Square 7 Properties & Mitiska REIM open retail park in Giurgiu

by Property Forum
Square 7 Properties and Belgian investment fund Mitiska REIM will open this week Giurgiu Shopping Park, which has a leasable area of 7,000 sqm. The general contractor of the project was Austrian construction firm Strabag. 
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News Romania’s retail deliveries could reach 260,000 sqm in 2023
21
Mar
2023

Romania’s retail deliveries could reach 260,000 sqm in 2023

by Property Forum
With scheduled retail deliveries of around 260,000 sqm across Romania, this year may turn out to have the heaviest pipeline calendar since 2011, which would add to the existing stock of more than 4.1 million sqm, according to real estate consultancy Colliers. 
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News Amadeus to renovate Prague department store for €166 million
20
Mar
2023

Amadeus to renovate Prague department store for €166 million

by Property Forum
Amadeus Real Estate in Prague is reconstructing a cultural monument from the 1970s - the OD Máj department store. According to the developer's estimate, the reconstruction, which is being carried out by the construction company Metrostav, will cost CZK 4 billion, i.e. €166.7 million. OD Máj should be reopened within a year and should offer a restaurant with a view in addition to shops and a gallery, reports ČTK.
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News Kaufland adds new PV panels on top of stores in Bulgaria
17
Mar
2023

Kaufland adds new PV panels on top of stores in Bulgaria

by Property Forum
The hypermarket chain has switched on 420 kWp of rooftop solar panels, bringing the total number of facilities to six. The two new sites are located in the southern city of Petrich and in the capital's Mladost 4 district. By the end of the ear, the retail leader plans to put into operation three more photovoltaic installations.
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News Retail leads green certification efforts in Romania
17
Mar
2023

Retail leads green certification efforts in Romania

by Property Forum
With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 
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News JTRE to complete large Bratislava project soon
14
Mar
2023

JTRE to complete large Bratislava project soon

by Property Forum
After over three years of construction, J&T Real Estate (JTRE) will start to hand over respective parts of the enlarged Eurovea area. The opening of new roads and cycle paths will be followed by the ribbon cutting for the bigger shopping centre and public spaces, followed by Riverside residences, Pribinova 34 and 40 admin buildings, green areas, and Eurovea Tower - the first skyscraper in Slovakia.
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News Sonae Sierra to manage Prishtina Mall
09
Mar
2023

Sonae Sierra to manage Prishtina Mall

by Property Forum
Sonae Sierra will be responsible for managing Prishtina Mall, the largest shopping centre in Southeastern Europe, which is scheduled to open today. With a GLA of 115,000 sqm, Prishtina Mall is positioned as a regional centre intended to serve the surrounding area of the Balkans.
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News Antracit starts new development project in Ostrava
07
Mar
2023

Antracit starts new development project in Ostrava

by Property Forum
Developer Antracit has started the construction of the PorubkaPoint project in Ostrava. The two-storey building will be used for sports activities. Construction group HSF System is the general contractor.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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