ARTICLES IN Retail  TOPIC

News NEPI Rockcastle retail development pipeline tops €650 million in 2024
12
Mar
2024

NEPI Rockcastle retail development pipeline tops €650 million in 2024

by Property Forum
NEPI Rockcastle has a development and refurbishment pipeline of more than €650 million in 2024 across Central and Eastern Europe (CEE), which is the biggest retail investment program in the region.
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News Leroy Merlin leases 21,000 sqm of retail space in Bucharest
12
Mar
2024

Leroy Merlin leases 21,000 sqm of retail space in Bucharest

by Property Forum
DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
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News Danubiu Enterprises to start retail investment near Bucharest
07
Mar
2024

Danubiu Enterprises to start retail investment near Bucharest

by Property Forum
Danbuiu Enterprises will start in Q2 2024 the development of A1 Shopping Center, a new retail project near Bucharest that will have a value over €10 million. The project is slated for completion in Q3 2025 and will target wholesale and cash & carry retailers.
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News Retailer La Cocoș expands in Brașov
05
Mar
2024

Retailer La Cocoș expands in Brașov

by Property Forum
Local retail chain operator La Cocoș has opened its fourth hypermarket in Brașov. The company has leased 10,000 sqm for the new unit in the Brintex complex, in a deal brokered by Cushman & Wakefield Echinox.
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News OTP Group to start construction of Emonika centre in Ljubljana
04
Mar
2024

OTP Group to start construction of Emonika centre in Ljubljana

by Property Forum
Mendota Invest, OTP Group's subsidiary has received a final building permit for a mixed-use complex at the heart of the Slovenian capital. Construction work will begin in March. The estimated value of the entire investment is more than €350 million. The entire project is expected to be completed by the end of 2026.
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News Older retail schemes face an energy challenge
04
Mar
2024

Older retail schemes face an energy challenge

by Property Forum
The Polish shopping centre market is now considered mature as many retail malls were built in the 1990s and 2000s, that is before the technological boom in energy efficiency and during a period of significantly lower awareness of the issue. A wave of upgrades is coming, but they will not happen overnight due to high levels of refurbishment expenditure required. In the face of rising challenges of energy and heat consumption, experts from Cushman & Wakefield managing a large and highly diverse portfolio of shopping centres and retail parks provide valuable insight into the results of their frequently innovative and low-cost measures.
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News Repaco Capital kicks off retail park development near Bucharest
29
Feb
2024

Repaco Capital kicks off retail park development near Bucharest

by Property Forum
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million. The project has a leasable area of 12,000 sqm and has already reached an occupancy rate of 80%.
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News Retail deliveries in Romania to reach 90,000 sqm in 2024
23
Feb
2024

Retail deliveries in Romania to reach 90,000 sqm in 2024

by Property Forum
Romania’s retail stock is set to expand by around 90,000 sqm in 2024, of which more than half will be based in Pitești-based Argeș Mall. However, the development pipeline is strong for the 2025-2028 period, with a few large and dominant shopping centres expected to add several hundred thousands of leasable space to the local market, according to Colliers data.
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News Modern retail market in Poland is in good shape
22
Feb
2024

Modern retail market in Poland is in good shape

by Property Forum
According to the latest quarterly report by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floor space supply.
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News NEPI Rockcastle sees 21% growth of net operating income in 2023
21
Feb
2024

NEPI Rockcastle sees 21% growth of net operating income in 2023

by Property Forum
NEPI Rockcastle, the third biggest retail real estate company in Europe, saw its net operating income soar 21% to a record €491 million in 2023 compared to the previous year over strong sales of its tenants across the region.
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Latest news


New leases

  • Viterra, a plant trade company, has opened its new headquarters in the Olivia Centre complex in Gdansk. The company occupied space on the top floor of Olivia's newest building, Olivia Prime. Viterra occupied a 1,400 sqm of space on the 14th floor of the building and a private terrace, located above the office, on the 15th floor.
  • The Shire – Beyond Coworking has joined the tenants of the Infinity office building in Wrocław. The company will have over 2,000 sqm of space, located on the 3rd floor of the building. The coworking space at Infinity is scheduled to open in Q1 2025.
  • Dr. Max, HIGH-TECH SYSTEMS & SOFTWARE (HTSS) and REO Medical have leased a combined area of more than 8,000 sqm in Bucharest-based J8 Office Park, owned by Portland Trust.

New appointments

  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.
  • Cushman & Wakefield Echinox appointed Cristina Lupașcu as Head of Marketing. She joined Cushman & Wakefield Echinox in 2021 as Director PR & Research, being responsible for assisting both the PR & Marketing and Research departments. Lupașcu has more than 20 years’ worth of experience in media and real estate.

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