News - Czech malls worry about inflation and customer savings
08
Jun
2022

Czech malls worry about inflation and customer savings

by Property Forum
The footfall in Czech regional shopping centres remained almost unchanged despite the previous years of the pandemic and all the lockdowns. The turnover and the average basket increased, and the vacancy is stable. However, due to the 18-week lockdown, the year 2021 fell behind 2019 by about 15%. The biggest concern now comes from the inflation and spending cuts reported by CBRE in its regular Shopping Centre Index analysis together with the results of two surveys on customer behaviour and expected plans of retailers.
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News - Bratislava's Aupark adds photovoltaic panels
08
Jun
2022

Bratislava's Aupark adds photovoltaic panels

by Property Forum
Bratislava's Aupark shopping centre, owned by Wood & Company and Unibail-Rodamco-Westfield, is adding another step to improve its sustainable management. In addition to sorting, low-energy lighting and water conservation, it is now installing hundreds of photovoltaic panels on its roof. The owners are hoping to make significant savings in energy resources, most notably saving 100,000 cubic metres of natural gas per year, reports the online daily Reality.trend.sk.
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News - Multi accelerates digitalization with own app
02
Jun
2022

Multi accelerates digitalization with own app

by Property Forum
Multi Forum is a multi-tasking facility management application developed for Multi Corporation by a Dutch proptech startup. Data from several Multi managed shopping centres across Europe shows efficiency benefits. The Multi Forum app is now used in five out of the six shopping centres managed by Multi in Poland.
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News - Synergy Construct to open new retail park in Bucharest
30
May
2022

Synergy Construct to open new retail park in Bucharest

by Property Forum
Romanian construction firm Synergy Construct will open in September a new retail park in northern Bucharest, next to highway A3, following an investment of €15 million. 
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News - JLL to advise on Sky Tower's commercialisation
23
May
2022

JLL to advise on Sky Tower's commercialisation

by Property Forum
Adventum Group has entrusted JLL advisors with the commercialisation of the retail and service section of the Sky Tower multifunctional complex in Wrocław.
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News - Stop Shop portfolio reaches 100% occupancy in Hungary
17
May
2022

Stop Shop portfolio reaches 100% occupancy in Hungary

by Property Forum
Immofinanz has just leased the last free unit in its Hungarian Stop Shop portfolio, reaching a 100% occupancy rate. The newest and last tenant is Sportisimo in Stop Shop Keszthely. The company has roughly 136,000 sqm of fully leased retail space in 14 locations across Hungary. 
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News - Karuzela Puławy retail centre opens
11
May
2022

Karuzela Puławy retail centre opens

by Property Forum
Belgian real estate fund manager Mitiska REIM and Polish developer Karuzela Holding have opened a retail park in Puławy following the conversion of a former Tesco hypermarket on the site.
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News - Scallier's Romanian portfolio to reach 11 retail parks
09
May
2022

Scallier's Romanian portfolio to reach 11 retail parks

by Property Forum
Polish developer Scallier will open new retail parks with a combined surface of more than 40,000 sqm in Timișoara, Turda and Vaslui throughout 2022, after completing its first two projects in the country.
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News - BNP: Discount store chains in Poland are on the rise
06
May
2022

BNP: Discount store chains in Poland are on the rise

by Property Forum
Between the pandemic, the war, rising prices and increasingly frequent warnings of recession — these are the conditions in which the retail sector operated in the first quarter of 2022. The authors of the cyclical report from BNP Paribas Real Estate Poland point out, among others: continued strengthening of the position of discount store chains and growing interest in facilities with a high potential for modernization, expansion and repositioning.
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News - CPI Hungary brings all PM activities in-house
06
May
2022

CPI Hungary brings all PM activities in-house

by Property Forum
From now on property management, renting and legal services at CPI Hungary are performed by the employees of the company in all retail portfolios.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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