ARTICLES IN Retail  TOPIC

News CPI begins reconstruction of Budapest shopping centre
03
May
2021

CPI begins reconstruction of Budapest shopping centre

by Property Forum
The interior of the Campona shopping centre in South Buda, owned by CPI Property Group,  will be completely rebuilt by the end of 2021.
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News Czech retail park stock exceeds 1 million sqm
29
Apr
2021

Czech retail park stock exceeds 1 million sqm

by Property Forum
A total of 23 retail park projects with a total area of almost 55,000 sqm were completed in the Czech Republic last year, with the volume of development exceeding a ten-year average. In effect, the aggregate area of all retail parks in the Czech Republic has exceeded 1 million sqm. Retail park development currently focuses on smaller towns with up to 40,000 inhabitants. The greatest volume of new development was in the Central Bohemian Region last year, according to an analysis by Cushman & Wakefield.
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News Aldi to install solar panels on store rooftops in Hungary
27
Apr
2021

Aldi to install solar panels on store rooftops in Hungary

by Property Forum
Three years ago, Aldi installed its first solar power plant in its store in Sopron, followed by the unit in Budaörs. Experiences have shown that the company was able to generate two months' worth of electricity consumption this way, which motivated it to expand the initiative. Aldi will install solar panels on the rooftops of 16 stores nationwide. It expects each plant to cover at least two months' electricity supply in the given store.
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News Retail parks continue to perform well in Poland
23
Apr
2021

Retail parks continue to perform well in Poland

by Property Forum
Investors’ interest in retail parks in Poland has been growing year-on-year. In 2020 this was the most sought-after retail class, taking up the majority of retail transactions. Their popularity has increased especially in the last year, due to the fact that they remained resilient to the pandemic restrictions,  says Avison Young.
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News Eurovea extension in Bratislava receives €116 million loan
23
Apr
2021

Eurovea extension in Bratislava receives €116 million loan

by Property Forum
Eurovea 2 obtained one of the largest real estate loans in Slovakia in recent years. Funding in the amount of €116 million will be used for the construction of the extension of the Eurovea shopping centre and the adjacent Pribinova X office building. Construction work by JTRE on both buildings is in full swing. The loan is provided by a syndicate of banks led by Tatra banka, together with Slovenská sporiteľňa and UniCredit Bank. The contract documentation was prepared by Dentons.
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News Retail market in Poland attempts to catch its breath
20
Apr
2021

Retail market in Poland attempts to catch its breath

by Property Forum
Between January and March 2021, nearly 93,000 sqm of retail stock was delivered in Poland, a result comparable to the same period last year. The structure of new supply included only two large-scale formats: stand-alone retail warehouses (55% of new space) and retail parks (31%). Convenience centres claimed the remaining 14%. The largest scheme delivered was an Agata Meble store (11,000 sqm) in Jelenia Góra. JLL summarised the conditions on Poland’s retail market at the end of the first quarter of 2021.
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News Nhood to renovate Budapest retail asset
20
Apr
2021

Nhood to renovate Budapest retail asset

by Property Forum
Nhood Services Hungary, the operator of Auchan hypermarkets in the country, will embark on the renovation of Auchan Korzó retail asset in Soroksár, Budapest.
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News Discount retailers grow in strength across Poland
15
Apr
2021

Discount retailers grow in strength across Poland

by Property Forum
FMCG discounters have been going from strength to strength throughout Poland in recent years and have attracted growing levels of consumer interest amid the pandemic. What are the growth opportunities for this sector? Jakub Sadowski from Cushman & Wakefield talks about the direction discount retailers are now heading in.
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News Retail parks in Poland are pandemic-resistant
13
Apr
2021

Retail parks in Poland are pandemic-resistant

by Property Forum
The retail park format was gaining ground before the pandemic and continues to grow despite it. Over the past 20 years, the share of retail parks in the entire pool of shopping facilities in the country has increased from 6% to 15% and now they occupy approximately 1.97 million sqm, according to CBRE data. Retail parks remain popular among investors, confirming their strong position, even in times of a pandemic. Their popularity is underpinned by their locality, concentration of stores providing basic needs in one place and a smaller number of customer contact points than in large centres. According to CBRE experts, the current trends indicate that by 2030 retail parks may constitute 28% of all shopping space in Poland.
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News Kaufland Romania investments to reach €375 million in 2021
08
Apr
2021

Kaufland Romania investments to reach €375 million in 2021

by Property Forum
Hypermarket chain Kaufland, part of German Schwarz Group, has increased its investment target in Romania in 2021. In 2020, the company opened 20 new stores, purchased land, and carried out upgrade works as part of a €300 million investment effort. 
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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