ARTICLES IN Retail  TOPIC

News NEPI Rockcastle obtains certificate for Ploiești Shopping City
25
May
2023

NEPI Rockcastle obtains certificate for Ploiești Shopping City

by Property Forum
Property group NEPI Rockcastle has obtained a BREEAM In-Use V6 Excellent certification for Ploiești Shopping City as part of its strategy to upgrade its operations to the highest ESG standards. 
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News Ikea opens expanded order centre in Burgas
10
May
2023

Ikea opens expanded order centre in Burgas

by Property Forum
Swedish furniture brand Ikea has opened an expanded order centre in Mall Galleria, Burgas. It features 140 sqm of retail space, a new kitchen designing studio with a showroom and four additional planning areas.
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News Mercedes-Benz inaugurates new multifunctional complex in Bulgaria
04
May
2023

Mercedes-Benz inaugurates new multifunctional complex in Bulgaria

by Property Forum
Mercedes-Benz has inaugurated the Silver Star complex on 52 Chelopeshko Shose, just outside of Sofia, Bulgaria. The complex is located in an area of 65,000 sqm, on two floors, and offers all sales and after-sales services for cars, trucks, vans, and buses.
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News Billa Bulgaria to invest €14  million in 12 new stores
28
Apr
2023

Billa Bulgaria to invest €14 million in 12 new stores

by Property Forum
Billa Bulgaria announced an investment of BGN 28 million (around €14 million) to open 12 new stores in the country and create 250 new jobs.
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News Slovakia's largest shopping centre to open in May
28
Apr
2023

Slovakia's largest shopping centre to open in May

by Property Forum
After 13 years of operation, Eurovea will become the largest shopping centre in Slovakia as its extension is set to open on May 25th. The centre reports an occupancy rate of 95% and promises to bring new brands and innovative concepts. The developer J&T Real Estate is now completing work on most of the buildings in the second phase of the Eurovea project.
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News Carrefour close to take over Cora’s operations in Romania
26
Apr
2023

Carrefour close to take over Cora’s operations in Romania

by Property Forum
French retailer Carrefour is in the final negotiation stage to fully purchase Cora’s retail network in Romania and the transaction will be signed later this day, according to ZF.ro. 
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News NEPI Rockcastle to open Promenada Craiova in October
20
Apr
2023

NEPI Rockcastle to open Promenada Craiova in October

by Property Forum
Property investment group NEPI Rockcastle will open its new Promenada Craiova shopping centre this October, following an investment of more than €125 million. The project will include more than 150 stores and will create over 1,500 jobs in the city based in southern Romania. 
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News Polish retail market enjoys a strong start of the year
18
Apr
2023

Polish retail market enjoys a strong start of the year

by Property Forum
According to the latest report from Cushman & Wakefield, the Polish retail market got off to a flying start in 2023, with over 100,000 sqm of new retail space coming on stream in the first quarter of the year and a number of new openings expected to deliver a total of 300,000 sqm. The biggest single challenge facing both retail tenants and landlords is high inflation which has resulted in falling sales for some shopping categories.
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News Turnover in SES shopping centres exceeds €3 billion
13
Apr
2023

Turnover in SES shopping centres exceeds €3 billion

by Property Forum
The gross sales turnover of a total of 1,800 shops located on the 30 SES Spar European Shopping Center sites in Austria, Slovenia, Italy, Hungary, Croatia and the Czech Republic continued to grow in the past year. With sales up 18.5% and a €3.1 billion turnover compared to 2021, SES enjoyed a record year in terms of development since its inception in 2007. In 2022, SES invested in numerous sustainable measures such as the large-scale installation of photovoltaic systems and the ongoing interim expansion of e-charging stations, currently amounting to 175 charging points coupled with extensive LED retrofitting.
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News Kaufland opens its first retail park in Bulgaria
12
Apr
2023

Kaufland opens its first retail park in Bulgaria

by Property Forum
Situated in the southwestern city of Sandanski, Kaufland’s first Bulgarian retail park spans over 5,000 sqm. The German retail chain invested over BGN 2 million  ( €1 million) in the outdoor retail area, the company said in a press release.
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Latest news


New leases

  • The Lux Med Group will join the ranks of the Fabryczna Office Park complex being developed by the Inter-Bud Group as part of the Fabryczna City project - an omni-functional investment being built on Aleja Pokoju in Krakow. The lease agreement between Lux Med Group and Inter-Bud Group was signed for over 1.7 thousand sqm.
  • The group of tenants of Dekada Nysa (southwestern Poland) is expanding. Family Pets & Zoo will occupy a 258 sqm showroom, where it will offer a wide selection of food, supplements for dogs and cats, cosmetics, toys and many other pet products.
  • Flexion Mobile Plc's Hungarian branch has chosen traditional long-term office leasing over previously used serviced office rental and is moving to the ZenGarden office building in Budapest.

New appointments

  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
  • Dominika Bombik has taken up the position of Marketing and Communications Director at BPI Real Estate Poland. She will be responsible for the creation and implementation of marketing activities for the residential property product portfolio and the developer's image on the Polish market.

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