News - Slovenia’s first outlet shopping village to open in 2023
12
Jan
2022

Slovenia’s first outlet shopping village to open in 2023

by Property Forum
Fashion Outlet Slovenia is being developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sqm, 70 shops and several hundred new jobs will be created in two phases. The first phase will be opened in 2023 with phase two scheduled for 2026, ACROSS Magazine reports.
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News - Czech retail market attracts 38 new brands in 2021
11
Jan
2022

Czech retail market attracts 38 new brands in 2021

by Property Forum
The Czech retail market and physical retail segment remain attractive for retail brands, as the arrival of 38 new international brands last year confirms: this is the highest number in the last three years. This means a 52% year-on-year increase over the 25 new brands arriving in 2020, according to Cushman & Wakefield.
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News - Retail parks in Poland is good business
21
Dec
2021

Retail parks in Poland is good business

by Property Forum
The growing trend of local awareness and the evolution of shopping habits increased the popularity of commercial convenience stores. Retail parks and small shopping centres have grown in importance, which in result motivates developers to undertake more intense actions. Each quarter, there are more and more investors who are planning to use this format and build commercial facilities. Apart from the flexibility of space and lower rental rates, the advantage of retail parks is their proximity to customers, a key factor in today’s world, according to LBC Invest.
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News - Czech retail revenues stay comparable with last year
21
Dec
2021

Czech retail revenues stay comparable with last year

by Property Forum
Czech shopping centre revenues for the first ten months of this year reached a similar level as they did in the same period of 2020. Since April, footfall has been consistently higher than last year. The number of new brands coming to the market has been the highest in the last three years, mostly in the fashion segment, according to Cushman & Wakefield.
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News - Trei opens its 29th Vendo Park in Poland
17
Dec
2021

Trei opens its 29th Vendo Park in Poland

by Property Forum
Trei Real Estate, an international developer and asset holder for residential and retail real estate, just opened another retail park of its Vendo Park brand in Radzymin, Masovian voivodeship, close to Warsaw. The total amount invested was €3.1 million.
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News - Express delivery companies see strong competition in Poland
15
Dec
2021

Express delivery companies see strong competition in Poland

by Property Forum
Several companies on our market are already developing their dark store networks, which allow for the delivery of food products within a dozen or so minutes from the order, and new shopping platforms announce their entry onto the Polish market. Things are getting very competitive in the quick commerce segment.
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News - Zalando to build two new fulfillment centers in Bydgoszcz in Poland
15
Dec
2021

Zalando to build two new fulfillment centers in Bydgoszcz in Poland

by Property Forum
Zalando will open two additional fulfillment centers in Poland. One fulfillment center is already under construction in Białe Błota near Bydgoszcz, while the construction of the second, in Bydgoszcz itself, will start at the beginning of 2022. The investment extends the group's European logistics network and is a response to the growing popularity of Zalando's shopping club, Zalando Lounge.
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News - Immofinanz to add e-car charging stations to retail parks in Hungary
14
Dec
2021

Immofinanz to add e-car charging stations to retail parks in Hungary

by Property Forum
The Stop Shop retail network operated by Immofinanz will be expanded with another service: 116 high-performance electric charging stations will soon start operating at 14 locations.
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News - Small shopping centres and retail parks gain ground in CEE
13
Dec
2021

Small shopping centres and retail parks gain ground in CEE

by Property Forum
Discount retailers are predicted to find the CEE market very attractive as evidence shows shoppers have favoured the ‘value for money’ approach these retailers provide, reveals a new report by Colliers.
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News - 4FI launches new convenience centre brand in Poland
10
Dec
2021

4FI launches new convenience centre brand in Poland

by Property Forum
Polish/German-based investment group 4FI has launched a new convenience centre brand in Poland at the beginning of December. The first location of MOZAIKA in Kraków is located on the site of a former Tesco hypermarket.
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Latest news


New leases

  • 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.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

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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