ARTICLES IN Retail TOPIC

News Băneasa Developments to invest €300 million in new projects
09
Oct
2017

Băneasa Developments to invest €300 million in new projects

by Property Forum
Băneasa Developments, the operator of Baneasa Shopping City in the northern part of Bucharest, plans to expand the mall by 127,000 sqm. The developer plans to invest over to €300 million until 2026.
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News Banská Bystrica mall refinanced by pbb
02
Oct
2017

Banská Bystrica mall refinanced by pbb

by Property Forum
pbb Deutsche Pfandbriefbank provided an investment facility of €22 million to CBRE Property Fund Central and Eastern Europe, an investment fund focusing on retail assets in Poland and Slovakia, managed by CBRE Global Investors. This is the second transaction after the refinancing of Wars Sawa Junior retail scheme one month ago. CBRE PFCEE will use the proceeds for the refinancing of the dominant Europa Shopping Center in Banská Bystrica. pbb acted as arranger and sole lender under the facility.
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News Immofinanz expands its Vivo! portfolio
02
Oct
2017

Immofinanz expands its Vivo! portfolio

by Property Forum
Immofinanz has completed and opened a further shopping centre under its Vivo! retail brand in the Polish city of Krosno. Vivo! Krosno has approx. 21,000 sqm of rentable space and is fully occupied. This shopping centre expands Immofinanz‘s Vivo! portfolio to ten locations in four countries with more than 314,000 sqm of rentable space.
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News C&W to commercialise Pradera’s retail parks in Poland
26
Sep
2017

C&W to commercialise Pradera’s retail parks in Poland

by Property Forum
Cushman & Wakefield is responsible for the commercialisation of Pradera’s four retail parks in Poland: Homepark Targówek and Homepark Janki in Warsaw, Homepark Rawa in Katowice and Homepark Franowo in Poznań. The four retail schemes provide more than 100,000 sqm of GLA.
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News Master Management Group to build outlet village in Poland
26
Sep
2017

Master Management Group to build outlet village in Poland

by Property Forum
Master Management Group is planning the first European outlet centre with a village designed concept in Poland. The first phase of the project, located in Łomna near Warsaw, close to the Warsaw – Gdańsk route and Modlin Airport, will have an area of almost 19,000 sqm. The second phase will deliver a further 30,000 sqm.
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News  Belgrade Waterfront breaks ground on shopping mall
26
Sep
2017

Belgrade Waterfront breaks ground on shopping mall

by Property Forum
Following the completion of piling works, Belgrade Waterfront announced the official start of structural works on BW Galerija, which represents the biggest shopping and lifestyle destination in Serbia and the region. The structural works contract was awarded to Gradina. Opening is scheduled for 2020.
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News New shopping mall opens in Warsaw
14
Sep
2017

New shopping mall opens in Warsaw

by Property Forum
Galeria Północna, GTC’s latest retail development in the Polish capital has officially opened. The mall has a total leasable area of 64,800 sqm and is LEED Gold pre-certified.
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News AFI Europe sets the cornerstone of AFI Brasov
12
Sep
2017

AFI Europe sets the cornerstone of AFI Brasov

by Ákos Budai
AFI Europe set the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announced the advancement of construction works. AFI Brasov will include 200 shops and retail units with 80% of total space already leased. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA. The investment at this stage is of over €120 million. The company estimates that the delivery date of the project is Q1 2019.
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News Knight Frank appointed sole agent of Galeria Ostrowiec
08
Sep
2017

Knight Frank appointed sole agent of Galeria Ostrowiec

by Ákos Budai
Knight Frank has been appointed sole agent of the Galeria Ostrowiec shopping mall. Experts from the company’s Retail Agency will diversify the offer of the shopping mall, owned by First Property Group.
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News Delta Real Estate develops Varna shopping mall
05
Sep
2017

Delta Real Estate develops Varna shopping mall

by Ákos Budai
Delta Holding subsidiary Delta Real Estate, in cooperation with AP investments, has finalised the acquisition of a shopping mall in Varna, Bulgaria. The project is worth €120 million and it will be completed in May 2018.
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Latest news


New leases

  • Genuine Parts Company signed a multi-year lease for office space in Kraków's Lubicz Park B building. The company’s new location, which will serve as the headquarters of GPC Global Technology Center, will occupy one-and-a-half floors (1,500 sqm in total). JLL Poland took part in lease negotiations and is overseeing the technical side of the GPC office construction process.
  • The Polish branch of German software developer SAP is to move into the 11th floor of the Varso Tower building in central Warsaw, where it will occupy almost 1,400 sqm.
  • Peakside Capital has signed a lease with DPD Polska for 7,000 sqm of cross-dock space at City Point Targówek. The complex is now undergoing a major redevelopment. It will eventually offer close to 100,000 sqm of commercial space, making it the largest urban logistics scheme in Warsaw.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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