News - Cautious optimism reigns in Poland's retail market
21
Jun
2023

Cautious optimism reigns in Poland's retail market

by Property Forum
According to a new report by JLL, total retail space under construction in Poland totalled 387,000 sqm at the end of Q1, with 69% generated by retail parks. In addition, nearly 94,000 sqm of the first quarter’s total was attributable to shopping centres with the largest projects being the Sukcesja shopping centre in Łódź (currently undergoing renovation), the Bawełnianka shopping centre in Bełchatów (already opened in April), and Galeria Goplana located in Leszno. The convenience retail format had the sector’s smallest percentage share in space under construction.
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News - Videolux Holding opens retail park in southwestern Bulgaria
20
Jun
2023

Videolux Holding opens retail park in southwestern Bulgaria

by Property Forum
Bulgarian retail group Videolux Holding has opened a retail park in the city of Pernik following an investment of some €20.45 million, the company announced in a press release,
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News - Romania’s retail stock up by 22,000 sqm in Q1 2023
12
Jun
2023

Romania’s retail stock up by 22,000 sqm in Q1 2023

by Property Forum
The total stock of modern retail spaces in Romania reached 4.11 million sqm in the first quarter of 2023 following the delivery of two new retail parks with a combined leasable area of 22,000, according to a report by CBRE. 
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News - Metro Bulgaria relaunches franchise network in Bulgaria
08
Jun
2023

Metro Bulgaria relaunches franchise network in Bulgaria

by Property Forum
Metro Bulgaria opened its first renovated franchise site in Bulgaria under the name "My Store". The program is one of the main company projects – a soft franchise model that brings together independent traders under one brand.
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News - UDI Group plans to build retail centre near Prague
05
Jun
2023

UDI Group plans to build retail centre near Prague

by Property Forum
UDI Group is adding another project to its portfolio. It will build a suburban retail centre in the village of Líbeznice north of Prague. According to the developer, a similar centre with a supermarket and several smaller retail units at one address with quality parking facilities is still missing in this village of 3,000 inhabitants. UDI Group estimates the investment at CZK 100 million (€4.2 million).
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News - Scallier opens new retail park in Vaslui
01
Jun
2023

Scallier opens new retail park in Vaslui

by Property Forum
Polish retail developer Scallier has inaugurated a new retail park in Vaslui, spanning 10,000 sqm. This is Scallier’s fifth retail park in Romania and its total footprint in the country has climbed to 40,000 sqm of leasable space.
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News - JYSK to open six new stores in Bulgaria
31
May
2023

JYSK to open six new stores in Bulgaria

by Property Forum
Danish retailer JYSK announced the opening of six new stores in Bulgaria by August 2023, along with the renovation of five existing branches
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News - Anchor Grup introduces new brands to its retail portfolio
26
May
2023

Anchor Grup introduces new brands to its retail portfolio

by Property Forum
Real estate developer Anchor Grup has added new brands to its retail portfolio in a bid to enhance the customer experience in its București Mall and Plaza România shopping centers. 
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News - NEPI Rockcastle obtains certificate for Ploiești Shopping City
25
May
2023

NEPI Rockcastle obtains certificate for Ploiești Shopping City

by Property Forum
Property group NEPI Rockcastle has obtained a BREEAM In-Use V6 Excellent certification for Ploiești Shopping City as part of its strategy to upgrade its operations to the highest ESG standards. 
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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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Latest news


New leases

  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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