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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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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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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