ARTICLES IN Retail  TOPIC

News Bucharest-based Vitantis Shopping Center secures new tenants
23
Aug
2021

Bucharest-based Vitantis Shopping Center secures new tenants

by Property Forum
Vitantis Shopping Center, the retail park owned by Revetas Capital, has closed new leasing deals for 3,900 sqm with three companies that will occupy spaces for the next 5-10 years. 
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News Dino Polska was opening one store a day in H1 2021
23
Aug
2021

Dino Polska was opening one store a day in H1 2021

by Property Forum
In H1 2021 Dino Polska, a grocery store network continued its geographic expansion. Its store count climbed by 150 in this period to 1,622. That means that save for Sundays a new Dino store was opened in Poland every single day. At the same time, Dino Polska created 2.4 thousand new jobs and at the end of June it had more than 28.2 thousand employees.
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News NEPI records 28% year-on-year growth in turnover over H1 2020
20
Aug
2021

NEPI records 28% year-on-year growth in turnover over H1 2020

by Property Forum
NEPI Rockcastle’s turnover in H1 2021 was 28.1% higher than in H1 2020 and 23.1% lower than in H1 2019 (on a property like-for-like basis, excluding hypermarkets and entertainment). The company published its interim financial report for H1 2021.
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News Czech shopping centre revenues are back to pre-crisis levels
09
Aug
2021

Czech shopping centre revenues are back to pre-crisis levels

by Property Forum
Following their reopening in May, shopping centres have seen both their revenue and footfall increase to a rate exceeding the performance during the same period last year. The footfall was lower than in the pre-crisis year 2019, but the revenue was comparable; in fact, it was slightly higher. Supermarkets and hypermarkets fare the best in terms of revenue; electronics and health and beauty products are also doing well. The current performance of shopping centres can therefore be described as very strong, with figures exceeding initial expectations, and investors show renewed interest in properties again, with several major retail transactions being planned for this year and the next. To date, office and logistics properties have been selling the best this year.
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News Trei’s Vendo Park portfolio in Poland grows to 26 retail parks
09
Aug
2021

Trei’s Vendo Park portfolio in Poland grows to 26 retail parks

by Property Forum
Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oswiecim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. €7.2 million in the property. The new retail park is the first in the Lesser Poland Voivodeship.
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News Romanian retail parks pass the pandemic test
06
Aug
2021

Romanian retail parks pass the pandemic test

by Property Forum
The pandemic had a limited impact on the turnover of retail parks compared to shopping malls in Romania, according to real estate consultancy Cushman & Wakefield Echinox. 
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News NEPI gets €73.5 million green loan in Romania
22
Jul
2021

NEPI gets €73.5 million green loan in Romania

by Property Forum
Retail group NEPI Rockcastle secured a green loan worth €73.5 million from International Finance Corporation (IFC), a member of World Bank, in a bid to expand its sustainable business infrastructure in Romania. 
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News Poland’s retail market welcomes new brands and expansions
22
Jul
2021

Poland’s retail market welcomes new brands and expansions

by Property Forum
Awaiting the reopening of shops and service outlets to go shopping at traditional brick-and-mortar stores, positive footfall results achieved by most shopping centres in May, the opening of a second Primark store with a third one in the pipeline, plus a strong debut of a new Polish off-price concept – these are some of the key news and developments to have taken place in the retail sector in Q2 2021, according to BNP Paribas Real Estate.
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News Poland's retail market may regain a good shape
16
Jul
2021

Poland's retail market may regain a good shape

by Property Forum
The increasing number of vaccinations is allowing the retail sector to catch its breath, with customers returning to ‘brick-and-mortar’ stores. JLL forecasts that total new supply could hit 540,0000 sqm in 2021, marking a return to pre-pandemic performances.
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News Lidl joins Acteeum's regional Power Center in Koszalin
13
Jul
2021

Lidl joins Acteeum's regional Power Center in Koszalin

by Property Forum
The new Acteeum project – Koszalin Power Center – developed in cooperation with Leroy Merlin and Agata Meble has just gained a food anchor. As part of the largest shopping complex in the Koszalin region, Lidl will open its large-format supermarket with an area of 2,000 sqm. The construction of the Power Center in Koszalin will start this year and the opening is planned for the second half of 2022.
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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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