News - Share of e-commerce in retail reaches 15% in CEE
08
Sep
2022

Share of e-commerce in retail reaches 15% in CEE

by Property Forum
The boundary between online and offline shopping is becoming increasingly vague. There is an evident retail trade trend toward the omnichannel, i.e. combining various sales channels tailored to the consumer's individual needs. This requires the development of e-commerce which has significantly accelerated recently. In the last 5 years, the share of online sales in Central and Eastern Europe grew by 9 pps to 15%, and in 4 years' time is bound to amount to 20%, according to CBRE's forecasts. Poland and Czechia are leaders in terms of online shopping growth in the region. E-commerce's market share in these countries in 2026 may be as high as almost a quarter.
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News - Adidas opens huge store in Warsaw's centre
02
Sep
2022

Adidas opens huge store in Warsaw's centre

by Property Forum
Domy Towarowe Wars Sawa Junior has welcomed adidas Warsaw - the largest store and the first adidas brand centre in Central and Eastern Europe. The brand also opened Sports Base Warsaw – the generally accessible space for fans of an active lifestyle in the store and at the downtown Pasaż Wiecha, where temporary sports installations have been created.
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News - AFI Europe to develop its first retail park in Romania
01
Sep
2022

AFI Europe to develop its first retail park in Romania

by Property Forum
AFI Europe has officially started the development of its first Romanian retail park in Arad. The project will have a leasable area of 29,400 sqm and has already reached an occupancy rate of 70%. 
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News - Scallier introduces new retail project in Opole
30
Aug
2022

Scallier introduces new retail project in Opole

by Property Forum
The new facility will be built on the basis of the former Galeria Ozimska, the largest tenant of which was a Tesco hypermarket. In the new facility, 18,000 sqm of leasable area (GLA), a shopping arcade will be built, which will be accompanied by a classic retail park. Scallier was jointly responsible for the project acquisition and the preparation of the commercialization concept. Currently, it supervises the commercialisation and manages the facility. The design stage is underway and preparations for the redevelopment of the complex are underway. The opening of Ozimska Park is planned for August 2023.
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News - Second stage of Brno retail park is complete
26
Aug
2022

Second stage of Brno retail park is complete

by Property Forum
Czech construction company HSF System completed the construction of the second part of the retail park H-Park 2 in Brno as the general contractor. The investor was RLRE Carina Property. The financial volume of the project was approximately CZK 70 million (€2.8 million).
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News - Some retail projects in Romania could be delayed
25
Aug
2022

Some retail projects in Romania could be delayed

by Property Forum
Around 120,000 sqm of retail projects are slated for delivery in the second half of 2022, although some projects could be delayed until the first part of 2023, especially if the developers meet certain difficulties with the construction or leasing process, according to real estate consultancy Colliers. 
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News - Czech retail park construction boom continues
24
Aug
2022

Czech retail park construction boom continues

by Property Forum
At the end of June 2022, the supply of modern retail space in the Czech Republic amounted to almost 3.97 million sqm. Shopping centres take about 67%, retail parks 31% and outlets the remaining 2% of the market. During the first six months of 2022, the retail park construction boom has not stopped yet and the retail market expanded by 19,500 sqm. Over the last five years, the share of retail parks has increased by 5%. The largest completed project in the first six months of this year was Shopping Centre Řepy in Prague. Another 52,300 sqm of retail space is currently under construction across 12 projects, of which 31,200 sqm is expected to be completed this year, says JLL in its retail market report for Q2 2022.
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News - Square 7 Properties and Mitiska complete retail park extension in Slatina
24
Aug
2022

Square 7 Properties and Mitiska complete retail park extension in Slatina

by Property Forum
The Slatina Shopping Park, located in Southern Romania, has reached a total commercial area of 8,700 sqm following an extension completed by Square 7 Properties and Mitiska REIM investment fund. 
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News - UNIQLO to open pop-up store in Warsaw's centre
23
Aug
2022

UNIQLO to open pop-up store in Warsaw's centre

by Property Forum
The Japanese apparel brand is preparing to open its first pop-up store in Poland – in Domy Towarowe Wars Sawa Junior in the centre of Warsaw. The two-storey store in one of the most popular shopping destinations in central Warsaw is set to open this autumn.
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News - Unmanned Żabka Nano opens in Aeropark in Warsaw
09
Aug
2022

Unmanned Żabka Nano opens in Aeropark in Warsaw

by Property Forum
Starting this summer, an unmanned Żabka Nano store operates in Aeropark Business Centre, owned by GTC. 
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Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.

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