News - Nivy mall in Bratislava welcomes 330,000 visitors on week one
11
Oct
2021

Nivy mall in Bratislava welcomes 330,000 visitors on week one

by Property Forum
Nivy mall in Bratislava, a new shopping centre developed by HB Reavis that also includes the city’s new international bus terminal, has welcomed almost 330,000 visitors in the first week following the centre’s opening on 30 September.
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News - Indotek completes renovation of three malls in Hungary
08
Oct
2021

Indotek completes renovation of three malls in Hungary

by Property Forum
Indotek Group has modernised three of its malls, Szeged Plaza, Kaposvár Plaza and Szolnok Plaza, for nearly HUF 2 billion. The property group began its shopping mall renovation programme with the aim of creating buildings even more in line with the needs of tenants and shoppers by modernising the external façades and interior spaces. The three updated malls now await visitors with a modern exterior, a new environment, and new stores and services.
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News - C&W Echinox to manage two Scallier projects in Romania
05
Oct
2021

C&W Echinox to manage two Scallier projects in Romania

by Property Forum
Real estate consultancy Cushman & Wakefield Echinox has been appointed manager of Funshop Park projects developed by Polish company Scallier in Roșiorii de Vede and Focșani. 
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News - LCP starts expansion of  EMKA Retail Park
04
Oct
2021

LCP starts expansion of EMKA Retail Park

by Property Forum
The expansion of Galeria EMKA in Koszalin has started - it will be a new retail park, which will be connected to the existing facility. The new phase will have 9 tenants with an area of approx. 10,000 sqm. The LCP has just signed a contract for the general contracting of the EMKA Retail Park project and the main contractor will be MIRBUD S.A. The planned commencement of works will start in the upcoming week. Currently, the area is being prepared for the first stage of works, which will be the adaptation of the existing infrastructure, and then earthworks will begin, which will take another 2 months.
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News - Trei opens its 27th Vendo Park in Poland
04
Oct
2021

Trei opens its 27th Vendo Park in Poland

by Property Forum
Trei Real Estate GmbH, an international developer and asset holder for residential and retail real estate, has opened its 27th retail park of the Vendo Park brand in Poland. The property is located in Inowrocław in the Kuyavian-Pomeranian Voivodeship. The town lies on the bank of the River Noteć 100 kilometres north-east of Poznań, has a population of around 70,000 and is renowned for its saltwater baths. The new retail park, which is let to nine retailers as well as to a supermarket, provides a total leasing area of 5,000 square metres and a total of 242 car parking spots. The investment volume adds up to a total of €6.4 million..
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News - Retail sector investors focus on retail parks in Poland
01
Oct
2021

Retail sector investors focus on retail parks in Poland

by Property Forum
The trade sector, greatly weakened by the pandemic, has gained a new investment niche. This year, the increased activity of investors, now mainly focused on the construction of retail parks and convenience centres, will result in the largest growth of these facilities in the history of the Polish market.
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News - Scallier opens its first retail park in Southern Romania
30
Sep
2021

Scallier opens its first retail park in Southern Romania

by Property Forum
Polish developer Scallier has delivered its first retail park in Romania and has a pipeline of new retail projects in the country.  
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News - Shoppers want to  to touch, feel and try on a product before purchase
30
Sep
2021

Shoppers want to to touch, feel and try on a product before purchase

by Property Forum
Retail began to transform well before the COVID-19 pandemic. It has, however, evolved a lot faster than expected and the pandemic has created a whole new environment that all market participants have to learn to navigate. Cushman & Wakefield has issued its latest report “Is Confidence Returning to the Retail Market?” highlighting what the retail market looks like from the perspective of tenants, landlords and customers.
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News - JTRE opens shopping centre extension in Slovakia
23
Sep
2021

JTRE opens shopping centre extension in Slovakia

by Property Forum
The first modern regional shopping centre in Prešov, the third biggest city in Slovakia, is opening a second stage on 23 September. JTRE’s expanded EPERIA Shopping Mall will include new fashion brands, restaurants, and a multiplex cinema, with the retail area increasing by 50%.  The shopping centre will provide visitors with a wide range of customer services, more parking spaces, and new indoor and outdoor relaxation zones.
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News - LCP buys Pasaż Warmiński retail centre
22
Sep
2021

LCP buys Pasaż Warmiński retail centre

by Property Forum
Pasaż Warmiński in Lidzbark Warmiński has changed its owner. The transaction is announced by the LCP group, which has acquired another project for its "convenience retail" portfolio.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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