News - Kaufland adds new PV panels on top of stores in Bulgaria
17
Mar
2023

Kaufland adds new PV panels on top of stores in Bulgaria

by Property Forum
The hypermarket chain has switched on 420 kWp of rooftop solar panels, bringing the total number of facilities to six. The two new sites are located in the southern city of Petrich and in the capital's Mladost 4 district. By the end of the ear, the retail leader plans to put into operation three more photovoltaic installations.
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News - Retail leads green certification efforts in Romania
17
Mar
2023

Retail leads green certification efforts in Romania

by Property Forum
With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 
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News - JTRE to complete large Bratislava project soon
14
Mar
2023

JTRE to complete large Bratislava project soon

by Property Forum
After over three years of construction, J&T Real Estate (JTRE) will start to hand over respective parts of the enlarged Eurovea area. The opening of new roads and cycle paths will be followed by the ribbon cutting for the bigger shopping centre and public spaces, followed by Riverside residences, Pribinova 34 and 40 admin buildings, green areas, and Eurovea Tower - the first skyscraper in Slovakia.
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News - Sonae Sierra to manage Prishtina Mall
09
Mar
2023

Sonae Sierra to manage Prishtina Mall

by Property Forum
Sonae Sierra will be responsible for managing Prishtina Mall, the largest shopping centre in Southeastern Europe, which is scheduled to open today. With a GLA of 115,000 sqm, Prishtina Mall is positioned as a regional centre intended to serve the surrounding area of the Balkans.
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News - Antracit starts new development project in Ostrava
07
Mar
2023

Antracit starts new development project in Ostrava

by Property Forum
Developer Antracit has started the construction of the PorubkaPoint project in Ostrava. The two-storey building will be used for sports activities. Construction group HSF System is the general contractor.
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News - Appeninn buys regional shopping centres in Hungary
28
Feb
2023

Appeninn buys regional shopping centres in Hungary

by Property Forum
Hungarian investor Appeninn Holding has signed contracts to buy the Kanizsa Centrum shopping centre in the southwestern city of Nagykanizsa and two strip malls (Zone Parks) in Székesfehervar and Zalaegerszeg. By acquiring these commercial properties the firm may comply with conditions made by Scope Ratings and thus hopes to get a higher rating.
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News - Focus Estate Fund to extend Turawa Park in Opole
22
Feb
2023

Focus Estate Fund to extend Turawa Park in Opole

by Property Forum
Focus Estate Fund has announced the extension of Turawa Park in Opole. The retail park concept will offer a shopping experience with an emphasis on convenience, accessibility, and a unique mix of merchandise.
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News - NEPI Rockcastle net operating income hits record in 2022
22
Feb
2023

NEPI Rockcastle net operating income hits record in 2022

by Property Forum
NEPI Rockcastle, the biggest owner and developer of shopping centres in CEE by market value, said its net operating income soared by 17% to a record of €405 million compared to 2021 over strong tenant turnover and base rental growth.
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News - Food court to be refurbished at Westend in Budapest
21
Feb
2023

Food court to be refurbished at Westend in Budapest

by Property Forum
Apart from remodelling the food court, a 10% extension is planned in this centrally located retail complex. This is the biggest change in the life of Westend shopping centre, managed by Granit Polus. The company has not disclosed the size of the investment.
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News - Poland's retail market  is slowly moving forward
17
Feb
2023

Poland's retail market is slowly moving forward

by Property Forum
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in Ukraine.
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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