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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News - Shoppers in CEE to spend a lot more on festive food
20
Dec
2022

Shoppers in CEE to spend a lot more on festive food

by Property Forum
According to the results of the survey conducted by Colliers among consumers from Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia, respondents indicated that they would spend less or the same amount of money on food and gifts (50% and 74%, respectively) when compared to the pre-pandemic year 2019. Thanks to high inflation, the money will not stretch quite as far as in previous years. The survey also showed an increased awareness of the problem of food waste - reducing the amount of groceries bought for this reason was declared by Hungarians (24%), Poles (18%) and Romanians (16%).
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News - Trei Opens its 32nd Vendo Park in Poland
16
Dec
2022

Trei Opens its 32nd Vendo Park in Poland

by Property Forum
Trei Real Estate just opened another retail park of its Vendo Park brand in Poland. It is located in Mielec, a small town of around 61,000 residents in the Podkarpackie or Subcarpathian voivodeship in south-eastern Poland. The new Vendo Park has a lettable area of around 7,000 square meters and is occupied by twelve retailers and a supermarket. On the whole, Trei invested c. €11.9 million in the property. As a result, the Vendo Park portfolio of Trei has just increased to a total of 42 retail parks, 32 of which are located in Poland while the others are in the Czech Republic and Slovakia.
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News - Stop Shop marks 20-year presence in Hungary
16
Dec
2022

Stop Shop marks 20-year presence in Hungary

by Property Forum
The first Stop Shop retail park was opened in Budapest in 2002, followed by several shopping centres in the capital and the countryside. Today the portfolio has expanded to 14 locations nationwide offering 137,000 sqm retail space. 
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News - Iulius opens its second retail park in Iași
08
Dec
2022

Iulius opens its second retail park in Iași

by Property Forum
Iulius Company opened the second Family Market project in the Bucium neighbourhood of Iași. The convenience retail project caters to necessary everyday services and products in the residential area in the residential area which has seen steady development in recent years. A McDonald’s Drive Thru, Auchan supermarket, Sinsay, and another 23 local and national entrepreneurs provide a customised mix of products and services resulting from community consulting.
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Latest news


New leases

  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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