News - Catinvest kicks off €6 million expansion of Electroputere Mall
23
Jun
2021

Catinvest kicks off €6 million expansion of Electroputere Mall

by Property Forum
French real estate group Catinvest says it obtained the building permits to start the expansion of Craiova-based Electroputere Mall. The company will extent the food court with five new restaurants and add 5,500 sqm of retail spaces. 
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News - Consumers want to be able to shop in-store
18
Jun
2021

Consumers want to be able to shop in-store

by Property Forum
What is most important to shopping centre visitors post-pandemic? Being able to shop in-store without having to rely on the internet and to make spontaneous, unplanned purchases is at the top of the list, shows the latest consumer survey commissioned by Cushman & Wakefield. Being able to participate in events held in shopping centres and access to fitness facilities were rated as least important.
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News - HalfPrice announces foreign expansion
18
Jun
2021

HalfPrice announces foreign expansion

by Property Forum
In the first month of operation of the HalfPrice chain in Poland, it was visited by over 500 thousand. customers. Currently, 13 stores operate under this brand, including the newest flagship store in the Warsaw department store. CCC Group decided to accelerate the opening of points under the HalfPrice banner outside Poland. The car showroom in Hungary will make its debut in August. Soon, customers in Austria and the Czech Republic will also be able to shop in the new network. A total of 65 stores will be opened in Poland and Europe by the end of the year.
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News - LCP Group to extend Galeria Emka in Koszalin
18
Jun
2021

LCP Group to extend Galeria Emka in Koszalin

by Property Forum
LCP Group, the owner of Galeria Emka in Koszalin, is about to start the next stage of the EMKA II, the extension of the existing shopping centre.
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News - Nine new brands have entered the Czech market in H1 2021
18
Jun
2021

Nine new brands have entered the Czech market in H1 2021

by Property Forum
Regardless of the problems that the measures related to the coronavirus crisis have brought to the retail segment – with shops in Czechia closed for 234 days, the longest period in all of Europe – new brands keep coming to the local market. Nine of them have arrived or will arrive during the first half of the year, the most prominent one of them being Ireland’s Primark fashion chain whose shop opening was expected with a great deal of anticipation.
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News - Spar expands and renovates in Hungary
18
Jun
2021

Spar expands and renovates in Hungary

by Property Forum
Retail chain Spar built new supermarkets in a Budapest residential park and in a frequented district of Sopron, and modernised its stores in Mosonmagyaróvár and Szentlőrinc.
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News - Primark opens first Czech Republic store
17
Jun
2021

Primark opens first Czech Republic store

by Property Forum
Primark has opened its first Czech Republic store in the Flow Building, Flow East’s development on Wenceslas Square in Prague, marking the 14th market for the retailer.
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News - Retail park deliveries to dominate Romania's market in 2021
17
Jun
2021

Retail park deliveries to dominate Romania's market in 2021

by Property Forum
Romania is posting one of the biggest recoveries of non-food consumption in the European Union (EU) and retailers with online stores are set to benefit most from this growth, according to an analysis by real estate consultancy Colliers. 
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News - Staffless grocery store opens in Poznań
16
Jun
2021

Staffless grocery store opens in Poznań

by Property Forum
Starting already from June 14th this year, customers can do shopping within seconds in the first Żappka Store opened within the premises of the Poznań International Fair. The Żappka Store is usable with an application and it has neither checkouts nor attendants. Because the facility is available 24/7, customers can use it at any time of day or night.
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News - Hornbach to open second Cluj-Napoca store this summer
11
Jun
2021

Hornbach to open second Cluj-Napoca store this summer

by Property Forum
German DIY retailer Hornbach will open its second store in Cluj-Napoca this summer, according to a statement of Optim Project Management, which manages the development process. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

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.

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