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
- YIT, One Family Office buy land from DH Towers in Prague
- DSV expands to 65,000 sqm at Panattoni's Wrocław Campus 2
- Iulius invests €9 million in Iași mall upgrade
- Office supply across CEE capitals to remain constrained this year, says Colliers
- P3 inks new lease deals worth over 11,000 sqm near Warsaw project
- Lewandpol Property buys Warsaw's Central Point tower for €107 million
- Zone retail park network unifies 20 sites in Hungary
- Warsaw’s growth story is far from over
- Harden Construction starts logistics development in Sosnowiec
- Passerinvest Group aims to deliver new Prague offices in H1 2028
New leases
- International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
- Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
- Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
