The sale of the Bory Mall shopping and entertainment centre from Penta Real Estate's portfolio has been completed. The transaction has been approved by the Antimonopoly Office of the Slovak Republic, thus completing a process that took more than a year.
Poznań-based company Scallier, specialising in retail project development and management in Poland and Romania, has completed the sale of another commercial property developed in partnership with PKB Inwest Budowa.
Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.
Hungary’s retail sector is drawing renewed attention from international foodservice operators, with several global fast food chains preparing to enter or return to the market.
A new retail park, Ławica Shopping Park, has opened in Poznań next to the city’s airport on Bukowska Street. The development offers around 7,000 sqm of rental space, almost fully leased before its launch.
ETC Swarzędz, a shopping centre owned by Capital Park Group, has reached 97% occupancy, making it one of the best-leased retail properties in the Wielkopolska region. The high level of commercialisation reflects the centre’s stable position in the local market and its appeal to both tenants and customers.
Real estate owner GTC has secured a refinancing loan of up to €84 million from J&T Banka for Galeria Północna, one of its landmark retail assets in Warsaw. The five-year facility will strengthen the company’s liquidity and support the acquisition of the remaining stake in its German residential portfolio, the company announced on LinkedIn.
Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
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