ARTICLES IN Retail  TOPIC

News BNP: Polish retail is back on the recovery route
14
Feb
2022

BNP: Polish retail is back on the recovery route

by Property Forum
In the past twelve months, retail properties have tried to make up for the challenges faced in the first year of the pandemic. Summarizing 2021 for the modern retail space sector, experts from BNP Paribas Real Estate Poland pointed to several key phenomena regarding the sector, including: a quick return of shoppers to retail facilities, retail parks standing becoming stronger, e-commerce continuing the way of the stable growth, as well as the increasingly important role of sustainable development and ESG policy.
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News Globalworth to refurbish mixed-use complex in Katowice
14
Feb
2022

Globalworth to refurbish mixed-use complex in Katowice

by Property Forum
Supersam, a mixed-use destination in Katowice which includes a shopping centre and office buildings, is undergoing a transformation. It will soon feature more office space as well as a new restaurant section. The Konior Studio led by Silesian architect Tomasz Konior is responsible for the redevelopment project. The work should be completed in Q4 2022.
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News New retail supply of 100,000 sqm expected in Romania this year
10
Feb
2022

New retail supply of 100,000 sqm expected in Romania this year

by Property Forum
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Lekvi Group wants to invest CZK 1 billion in Czech retail parks
01
Feb
2022

Lekvi Group wants to invest CZK 1 billion in Czech retail parks

by Property Forum
A new development division of the Lekvi Group plans to build fifteen new retail parks in the region within five years. So far, this group of investors from the countries of the former Soviet Union has focused on the sale of apartments but now sees potential in retail parks in the Czech and Slovak Republics. The planned projects should cost CZK 1 billion, E15 reports.
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News Iulius Mall Suceava to undergo €40 million expansion
31
Jan
2022

Iulius Mall Suceava to undergo €40 million expansion

by Property Forum
Romanian developer Iulius will invest €40 million to expand the Iulius Mall Suceava project with 14,000 sqm in a bid to add new retailers as well as leisure and food operators. 
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News Praktiker Real Estate buys Vitantis Shopping Center in Bucharest
28
Jan
2022

Praktiker Real Estate buys Vitantis Shopping Center in Bucharest

by Property Forum
Revetas Capital has sold Vitantis Shopping Center in Bucharest, with a leasable area of around 50,000 sqm, to Praktiker Real Estate, owned by businessman Omer Susli, for an undisclosed sum, according to economedia.ro. 
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News Atrium Promenada in Warsaw to be refurbished
28
Jan
2022

Atrium Promenada in Warsaw to be refurbished

by Property Forum
Atrium announced the major refurbishment of its flagship shopping centre – Atrium Promenada, located in Warsaw, Poland. The investment aims to refurbish the second part of the shopping centre. This will continue the transformation of Promenada, the first part of which was completed in autumn 2018.
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News Scallier to develop new retail park in Vaslui
27
Jan
2022

Scallier to develop new retail park in Vaslui

by Property Forum
Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.
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News JLL: Poland’s retail sector embarks on a path of innovation
25
Jan
2022

JLL: Poland’s retail sector embarks on a path of innovation

by Property Forum
Despite the pandemic triumph of e-commerce, customers are not giving up on shopping in brick-and-mortar shops. Brands wanting to benefit from the synergy of these channels implement innovative formats and compete for customers' attention with technology and environmentally friendly products. However, retail parks and convenience centres continue to enjoy popularity among investors and developers, says JLL.
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News Portico Investments makes new retail purchase in Bucharest
21
Jan
2022

Portico Investments makes new retail purchase in Bucharest

by Property Forum
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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