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. 

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. 

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.

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.

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. 

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.

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.

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.

Hungarian investor Appeninn Holding has signed contracts to buy the Kanizsa Centrum shopping centre in the southwestern city of Nagykanizsa and two strip malls (Zone Parks) in Székesfehervar and Zalaegerszeg. By acquiring these commercial properties the firm may comply with conditions made by Scope Ratings and thus hopes to get a higher rating.

Focus Estate Fund has announced the extension of Turawa Park in Opole. The retail park concept will offer a shopping experience with an emphasis on convenience, accessibility, and a unique mix of merchandise.