ARTICLES IN Retail  TOPIC

News Fidurock launches expansion of Czech retail park
21
Jan
2022

Fidurock launches expansion of Czech retail park

by Property Forum
Czech-Dutch investment company Fidurock has commenced the construction of the second phase of the Staré Město retail park project. The extension will expand the current 4,100 sqm building with 500 sqm.
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News Primark to open first store in Bucharest by year-end
20
Jan
2022

Primark to open first store in Bucharest by year-end

by Property Forum
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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News Number of Żabka Nano autonomous stores reaches 25
18
Jan
2022

Number of Żabka Nano autonomous stores reaches 25

by Property Forum
Żabka Group is now the largest chain of autonomous stores in Europe after launching 25 AI-powered stores called Żabka Nano. The concept enables quick shopping without checkout clerks, queues, or cash to sell products precisely matched to location and customer demographics. The stores operate in several formats such as standalone container-based vending machines, traditional brick-and-mortar and store-within-a-store points of sale; each leveraging AI-powered computer vision technology created through close cooperation with American technology company AiFi.
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News Porto Montenegro registers high demand for Boka Place retail opportunity
13
Jan
2022

Porto Montenegro registers high demand for Boka Place retail opportunity

by Property Forum
At the end of 2020, Porto Montenegro presented to the public its long-awaited project – the innovative, urban-style neighbourhood of Boka Place. The carefully planned space blends gastronomy, shopping and entertainment with many other benefits, available to Porto Montenegro residents as well as to more than 3.1 million visitors coming each year.
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News B+N to provide cleaning services for Prague’s airport
12
Jan
2022

B+N to provide cleaning services for Prague’s airport

by Property Forum
B+N Referencia Zrt, as the winner of a tender announced last year, has been awarded with a contract for the provision of cleaning services at the Václav Havel Airport in Prague for another 4 years, starting on 1st January 2022. There were another 12 competitor in the tender, B+N was the only Hungarian headquaterd company.
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News Mömax invests €20 million in Brașov-based furniture store
12
Jan
2022

Mömax invests €20 million in Brașov-based furniture store

by Property Forum
Austrian furniture retailer Mömax will develop a new store on a land of 37,000 sqm located in Cartier Coresi – the mixed-use scheme developed by Ceetrus and managed by Nhood Romania in Brașov. 
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News Slovenia’s first outlet shopping village to open in 2023
12
Jan
2022

Slovenia’s first outlet shopping village to open in 2023

by Property Forum
Fashion Outlet Slovenia is being developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sqm, 70 shops and several hundred new jobs will be created in two phases. The first phase will be opened in 2023 with phase two scheduled for 2026, ACROSS Magazine reports.
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News Czech retail market attracts 38 new brands in 2021
11
Jan
2022

Czech retail market attracts 38 new brands in 2021

by Property Forum
The Czech retail market and physical retail segment remain attractive for retail brands, as the arrival of 38 new international brands last year confirms: this is the highest number in the last three years. This means a 52% year-on-year increase over the 25 new brands arriving in 2020, according to Cushman & Wakefield.
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News Retail parks in Poland is good business
21
Dec
2021

Retail parks in Poland is good business

by Property Forum
The growing trend of local awareness and the evolution of shopping habits increased the popularity of commercial convenience stores. Retail parks and small shopping centres have grown in importance, which in result motivates developers to undertake more intense actions. Each quarter, there are more and more investors who are planning to use this format and build commercial facilities. Apart from the flexibility of space and lower rental rates, the advantage of retail parks is their proximity to customers, a key factor in today’s world, according to LBC Invest.
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News Czech retail revenues stay comparable with last year
21
Dec
2021

Czech retail revenues stay comparable with last year

by Property Forum
Czech shopping centre revenues for the first ten months of this year reached a similar level as they did in the same period of 2020. Since April, footfall has been consistently higher than last year. The number of new brands coming to the market has been the highest in the last three years, mostly in the fashion segment, according to Cushman & Wakefield.
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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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