26
Nov
2021
Nov
2021
Focus Estate Fund secures €13.5 million loan for Polish expansion
Focus Estate Fund has signed a loan agreement with BNP Paribas Bank Polska for €13.5 million. The funds will be used to increase the Polish portfolio of FEF, as well as for further improvements at three fund’s properties in Poland. It refers to Eden Retail Park in Zgorzelec (GLA - 9,537 sqm), Galeria Sandomierz in Sandomierz (GLA - 4,383 sqm) and Galeria Awangarda in Bartoszyce (GLA - 6,056 sqm). This is not the first deal with BNP Paribas Bank Polska, the bank has already financed the Fund's assets.
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25
Nov
2021
Nov
2021
Galeria Andrychów near Kraków welcomes its first clients
The joint venture by Acteeum Group and Equilis Europe is the largest retail park opened this year in Poland. The inaugural ceremony of the 24,000 sqm development was held on November 25th.
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25
Nov
2021
Nov
2021
Auchan added in Iulius’ Family Market projects in Iași
Romanian developer Iulius says that retail operator Auchan will have anchor supermarkets in the Family Markets projects developed near Iași.
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19
Nov
2021
Nov
2021
How are retail tenants doing today?
The pandemic has spared no business, with its consequences most strongly felt by the retail sector, including tenants in shopping centres, retail parks and high streets. Global real estate services firm Cushman & Wakefield examines the situation of retail tenants in its latest report “Is Confidence Returning to the Retail Market?”.
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19
Nov
2021
Nov
2021
Immofinanz completes €7 million overhaul of VIVO! Baia Mare
Real estate group Immofinanz says it has reopened over 10,000 sqm of leasable space in VIVO! Baia Mare and added new retailers as part of an investment of €7 million in overhauling the shopping centre.
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17
Nov
2021
Nov
2021
Wing to rebrand Budapest shopping centre
The former EuroCenter shopping centre, currently being rebuilt by Wing, will be renamed GOBUDA Mall after the renovation. The building will re-open in the spring of 2022 according to plans.
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16
Nov
2021
Nov
2021
Mitiska REIM expands Romanian retail portfolio
Property developer Mitiska REIM has opened a new retail park in Baia Mare and inaugurated an extension of another retail project in Mediaș. The development activity was carried out in partnership with Square 7 Properties.
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11
Nov
2021
Nov
2021
Catinvest to add 7,200 sqm in Craiova-based shopping mall
French real estate group Catinvest will add 5,500 sqm retail space, 1,200 sqm for a shared open-air terrace for the food court and a new playground of 500 sqm in Electroputere Mall, located in Craiova.
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08
Nov
2021
Nov
2021
120,000 sqm of retail space under development in Romania
Around 120,000 sqm in new and extensions of existing retail projects are under development in Romania with delivery estimated by the end of 2022, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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05
Nov
2021
Nov
2021
Scallier to deliver second retail park in Romania
Polish company Scallier will open its second retail park in Romania on November 11 as part of its expansion strategy on the local market.
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Latest news
- Why are Baltic investors increasingly looking at Poland?
- B+N Group rebrands as Liwo Group for European expansion
- P3 Poznań Park secures over 60,000 sqm in lease renewals
- IGD sells building in Turda to municipality
- Brașov-based Coresi Business Campus to expand with new office building
- Panattoni starts 46,000 sqm project in Poznań
- Win a CEE Property Forum ticket by participating in our survey!
- Family Office Noack buys controlling stake in Zeitgeist Asset Management
- Prologis leases 135,000 sqm in Slovakia during 2025
- Segmentation, ESG and selective growth: What’s next for residential in Poland?
New leases
- Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.
- Kalenda, a Romanian furniture and home décor retailer with nationwide presence, is expanding its operations by leasing 2,500 sqm at Industra Park Iași, a logistics park owned and managed by Oresa Industra.
- CurryLab, a new dining concept by the owners of IndianTaste, has signed a lease for more than 150 sqm on the ground floor of the NEFRYT residential building in Warsaw. The brand’s fourth location in the city is scheduled to open this summer at SOHO by Yareal.
New appointments
- 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.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
