News - Ikea opens expanded order centre in Burgas
10
May
2023

Ikea opens expanded order centre in Burgas

by Property Forum
Swedish furniture brand Ikea has opened an expanded order centre in Mall Galleria, Burgas. It features 140 sqm of retail space, a new kitchen designing studio with a showroom and four additional planning areas.
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News - Mercedes-Benz inaugurates new multifunctional complex in Bulgaria
04
May
2023

Mercedes-Benz inaugurates new multifunctional complex in Bulgaria

by Property Forum
Mercedes-Benz has inaugurated the Silver Star complex on 52 Chelopeshko Shose, just outside of Sofia, Bulgaria. The complex is located in an area of 65,000 sqm, on two floors, and offers all sales and after-sales services for cars, trucks, vans, and buses.
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News - Billa Bulgaria to invest €14  million in 12 new stores
28
Apr
2023

Billa Bulgaria to invest €14 million in 12 new stores

by Property Forum
Billa Bulgaria announced an investment of BGN 28 million (around €14 million) to open 12 new stores in the country and create 250 new jobs.
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News - Slovakia's largest shopping centre to open in May
28
Apr
2023

Slovakia's largest shopping centre to open in May

by Property Forum
After 13 years of operation, Eurovea will become the largest shopping centre in Slovakia as its extension is set to open on May 25th. The centre reports an occupancy rate of 95% and promises to bring new brands and innovative concepts. The developer J&T Real Estate is now completing work on most of the buildings in the second phase of the Eurovea project.
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News - Carrefour close to take over Cora’s operations in Romania
26
Apr
2023

Carrefour close to take over Cora’s operations in Romania

by Property Forum
French retailer Carrefour is in the final negotiation stage to fully purchase Cora’s retail network in Romania and the transaction will be signed later this day, according to ZF.ro. 
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News - NEPI Rockcastle to open Promenada Craiova in October
20
Apr
2023

NEPI Rockcastle to open Promenada Craiova in October

by Property Forum
Property investment group NEPI Rockcastle will open its new Promenada Craiova shopping centre this October, following an investment of more than €125 million. The project will include more than 150 stores and will create over 1,500 jobs in the city based in southern Romania. 
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News - Polish retail market enjoys a strong start of the year
18
Apr
2023

Polish retail market enjoys a strong start of the year

by Property Forum
According to the latest report from Cushman & Wakefield, the Polish retail market got off to a flying start in 2023, with over 100,000 sqm of new retail space coming on stream in the first quarter of the year and a number of new openings expected to deliver a total of 300,000 sqm. The biggest single challenge facing both retail tenants and landlords is high inflation which has resulted in falling sales for some shopping categories.
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News - Turnover in SES shopping centres exceeds €3 billion
13
Apr
2023

Turnover in SES shopping centres exceeds €3 billion

by Property Forum
The gross sales turnover of a total of 1,800 shops located on the 30 SES Spar European Shopping Center sites in Austria, Slovenia, Italy, Hungary, Croatia and the Czech Republic continued to grow in the past year. With sales up 18.5% and a €3.1 billion turnover compared to 2021, SES enjoyed a record year in terms of development since its inception in 2007. In 2022, SES invested in numerous sustainable measures such as the large-scale installation of photovoltaic systems and the ongoing interim expansion of e-charging stations, currently amounting to 175 charging points coupled with extensive LED retrofitting.
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News - Kaufland opens its first retail park in Bulgaria
12
Apr
2023

Kaufland opens its first retail park in Bulgaria

by Property Forum
Situated in the southwestern city of Sandanski, Kaufland’s first Bulgarian retail park spans over 5,000 sqm. The German retail chain invested over BGN 2 million  ( €1 million) in the outdoor retail area, the company said in a press release.
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News - Bratislava's Aupark shopping centre to be expanded
04
Apr
2023

Bratislava's Aupark shopping centre to be expanded

by Property Forum
Wood & Company is starting to improve its Aupark shopping centre in Bratislava. It plans to expand it with three more retail units and open the space to other global brands, startitup.sk reports.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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