News - NEPI gets €73.5 million green loan in Romania
22
Jul
2021

NEPI gets €73.5 million green loan in Romania

by Property Forum
Retail group NEPI Rockcastle secured a green loan worth €73.5 million from International Finance Corporation (IFC), a member of World Bank, in a bid to expand its sustainable business infrastructure in Romania. 
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News - Poland’s retail market welcomes new brands and expansions
22
Jul
2021

Poland’s retail market welcomes new brands and expansions

by Property Forum
Awaiting the reopening of shops and service outlets to go shopping at traditional brick-and-mortar stores, positive footfall results achieved by most shopping centres in May, the opening of a second Primark store with a third one in the pipeline, plus a strong debut of a new Polish off-price concept – these are some of the key news and developments to have taken place in the retail sector in Q2 2021, according to BNP Paribas Real Estate.
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News - Poland's retail market may regain a good shape
16
Jul
2021

Poland's retail market may regain a good shape

by Property Forum
The increasing number of vaccinations is allowing the retail sector to catch its breath, with customers returning to ‘brick-and-mortar’ stores. JLL forecasts that total new supply could hit 540,0000 sqm in 2021, marking a return to pre-pandemic performances.
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News - Lidl joins Acteeum's regional Power Center in Koszalin
13
Jul
2021

Lidl joins Acteeum's regional Power Center in Koszalin

by Property Forum
The new Acteeum project – Koszalin Power Center – developed in cooperation with Leroy Merlin and Agata Meble has just gained a food anchor. As part of the largest shopping complex in the Koszalin region, Lidl will open its large-format supermarket with an area of 2,000 sqm. The construction of the Power Center in Koszalin will start this year and the opening is planned for the second half of 2022.
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News - Outlet centres in Europe continue to grow unchecked
07
Jul
2021

Outlet centres in Europe continue to grow unchecked

by Property Forum
Outlet centres in Europe continue to grow in terms of numbers and retail sales area. As the Wiesbaden-based research institute ecostra reports on the basis of its ongoing market monitoring, 4 outlet centres and a retail sales area of almost 55,000 sqm were added on balance in Europe in the past 12 months
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News - Kaufland Romania invests €1 million in solar park
29
Jun
2021

Kaufland Romania invests €1 million in solar park

by Property Forum
Enel X Romania is implementing a photovoltaic (PV) system for retailer Kaufland Romania. The project is developed near the company’s logistics centre in Turda following an investment of €1 million. 
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News - Galeria Andrychów to be completed this autumn
25
Jun
2021

Galeria Andrychów to be completed this autumn

by Property Forum
The topping out ceremony was held on June 24th at the construction site of Galeria Andrychów – the largest retail park in the region and one of major retail developments currently under construction in Poland. The event was attended by local authorities, investors - Acteeum Group and Equilis Europe, as well as retailers and business partners.
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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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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • 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.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • 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.

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