News - Złote Tarasy attracts more new tenants to Warsaw
19
Sep
2023

Złote Tarasy attracts more new tenants to Warsaw

by Property Forum
Popeyes is to open its first Warsaw restaurant in Złote Tarasy on 21 September. The fast food chain from Louisiana is the seventh new tenant to come to Złote Tarasy in 2023 after such brands as LUSH, Candy Pop, and Hugo. Cushman & Wakefield, which is responsible for the re-commercialisation and property management for the scheme, expects to see more international debuts in Złote Tarasy later this year.
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News - AFI Europe gets LEED Gold certification for Bucharest mall
05
Sep
2023

AFI Europe gets LEED Gold certification for Bucharest mall

by Property Forum
Real estate developer AFI Europe has obtained the LEED v4.1 O+M certification for its AFI Cotroceni mall in Bucharest. The company was assisted by Colliers in obtaining the green certification. 
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News - Focus Estate Fund to switch to solar energy
04
Sep
2023

Focus Estate Fund to switch to solar energy

by Property Forum
Focus Estate Fund plans to convert its entire shopping centre portfolio to solar-powered facilities. The first initiative was inaugurated with the installation of solar panels at Galeria Awangarda in Bartoszyce.
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News - Prime Kapital opens new mall in Alba Iulia
01
Sep
2023

Prime Kapital opens new mall in Alba Iulia

by Property Forum
Prime Kapital has inaugurated Carolina Mall in Alba Iulia following an investment of around €47 million. The mall has a leasable area of over 33,100 sqm and hosts 70 stores. 
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News - SES invests €5.5 million in generating its own power in Slovenia
30
Aug
2023

SES invests €5.5 million in generating its own power in Slovenia

by Property Forum
The number of photovoltaic surfaces installed on SES shopping malls is constantly increasing. This year, SES has invested in the construction of photovoltaic systems in the five Slovenian shopping centres, namely Aleja, Citypark and Center Vič in Ljubljana, Citycenter Celje and Europark Maribor. The systems, boasting a total output of 4,300 kilowatts, have been in operation since July and August. They cover around one-fifth of the centres’ electricity requirement with a 1,200-ton saving in terms of CO2 emissions. The SES climate objective to fit photovoltaic systems on at least 50 percent of its available mall roof surfaces by 2040 has therefore already been achieved or exceeded to a significant extent in Slovenia. SES is currently operating four photovoltaic systems in Austria. An additional three locations are scheduled to be equipped with these systems by the end of the year.
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News - Retail deliveries in Romania to count 22 new projects in 2023
29
Aug
2023

Retail deliveries in Romania to count 22 new projects in 2023

by Property Forum
Bucharest is the largest retail market in Romania with a total stock of 1.24 million sqm in operational projects, while across the country Timișoara has the biggest volume of shopping centres and retail parks of all regional cities. 
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News - NEPI Rockcastle's net operating income up 23% in H1 2023
23
Aug
2023

NEPI Rockcastle's net operating income up 23% in H1 2023

by Property Forum
NEPI Rockcastle, the biggest owner of shopping centres in CEE, recorded a net operating income (NOI) of €241 million in H1 2023, up by 23% compared to the same period of last year over strong rental growth and leasing activity, alongside improved cost recovery
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News - Eden Retail Park reaches full occupancy
18
Aug
2023

Eden Retail Park reaches full occupancy

by Property Forum
Eden Retail Park, owned by Focus Estate Fund, has achieved full occupancy. The retail project based in Zgorzelec, near the German border, has attracted a mix of 10 stores. 
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News - Slovak malls experience growth in footfall and turnover
16
Aug
2023

Slovak malls experience growth in footfall and turnover

by Property Forum
Shopping centres in Slovakia grew this year both in footfall and turnover, and rents also rose. This is according to the latest quarterly report by CBRE. According to the report, there are currently more than 2.36 million sqm of shopping centres and retail parks in Slovakia.
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News - Velis Real Estate Tech partners with AmRest for digitalization project
10
Aug
2023

Velis Real Estate Tech partners with AmRest for digitalization project

by Property Forum
SaaS provider Velis Real Estate Tech has established a partnership with multi brand restaurant operator AmRest for the implementation of the Singu FM system in several markets.
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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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