ARTICLES IN Retail  TOPIC

News Prague sees increased interest from premium brands for high street units
24
Apr
2024

Prague sees increased interest from premium brands for high street units

by Property Forum
Prague is the only city in the CEE region to boast a prime high street, a shopping street with only the most prestigious global brands, according to Colliers. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.
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News Mitiska REIM opens 10th Karuzela retail park in Poland
23
Apr
2024

Mitiska REIM opens 10th Karuzela retail park in Poland

by Property Forum
Mitiska REIM has announced the opening of a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.
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News Delta Holding submits shopping centre project in Košice for approval
22
Apr
2024

Delta Holding submits shopping centre project in Košice for approval

by Property Forum
A new shopping centre called OCKE is to be developed in Košice, reports DennikE.sk. Provided that the permitting process and following construction are successful, it is going to be the second-largest shopping centre in the Eastern Slovakia metropolis.
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News Reconstruction of Prague's Černý Most Centre heads to final phase
18
Apr
2024

Reconstruction of Prague's Černý Most Centre heads to final phase

by Property Forum
Reconstruction of the mixed-use commercial centre Černý Most in Prague 14 is beginning in April this year. The project from the Unibail-Rodamco portfolio is bringing 32 new shops and restaurants and 3 new cinemas.
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News Time Out Market to open new unit in Budapest
17
Apr
2024

Time Out Market to open new unit in Budapest

by Property Forum
Time Out Market Budapest is set to open in 2025 at Corvin Palace at Blaha Lujza Square. The historic department store first opened in 1926 and has recently been renovated back to its original neoclassical state and redeveloped as a mixed-use real estate property offering retail, leisure and a hotel, timeout.com reports.
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News Polish retail makes a good start into 2024
17
Apr
2024

Polish retail makes a good start into 2024

by Property Forum
Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are expected to follow amid improving retail sales, rising shopping centre footfall and turnover levels as inflation is weakening.
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News Romania’s retail market to pass 4.5 million sqm threshold in 2024
15
Apr
2024

Romania’s retail market to pass 4.5 million sqm threshold in 2024

by Property Forum
Romania’s retail market could top 4.5 million sqm this year considering that around 185,000 sqm of new retail projects are under various construction and planning stages, according to CBRE data.
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News Fashion House to extend outlet centre in eastern Bucharest
09
Apr
2024

Fashion House to extend outlet centre in eastern Bucharest

by Property Forum
Fashion House Group will deliver in late June the second phase of its outlet centre in the Pallady area, eastern Bucharest, following an investment of €45 million.
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News Poles still bet on discount stores
08
Apr
2024

Poles still bet on discount stores

by Property Forum
More than 60% of Polish consumers do their larger grocery shopping in excess of PLN 100 in discount stores. A similar proportion of people in Poland opt for shopping centres on account of their entertainment offer, while nearly 40% go to retail parks which they value for familiarity with space layouts - a guarantee of a quick and easy shopping trip. According to the latest report from Cushman & Wakefield, Polish people have clearly defined expectations about each retail format, with each likely to respond to different shopping and other needs.
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News Sierra Balmain takes over property management of Galeria Pomorska
02
Apr
2024

Sierra Balmain takes over property management of Galeria Pomorska

by Property Forum
Sierra Balmain is expanding its portfolio with another shopping mall. Starting in April, the company will take over property management of Galeria Pomorska in Bydgoszcz. The group will handle all the ongoing operations of the facility.
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Latest news


New leases

  • Kiddo Entertainment Group has leased 1,800 sqm in Iulius’ Rivus mixed-use project in Cluj-Napoca for a new entertainment centre. Rivus is currently in the permitting stage with construction expected to start in 2025.
  • Orange has leased over 2,000 sqm of warehouse and office space at 7R City Park Gdańsk Airport I.
  • The Porsche Inter Auto dealer group has opened the first Porsche Store in Poland and one of the first in the world at the Elektrownia Powiśle in Warsaw. The 500-square-metre showroom showcases up to five of the brand's cars, as well as lifestyle products.

New appointments

  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.
  • Savills consultancy announced the strengthening of the Landlord Representation team within its office space division. Kamila Bartosik-Budecka and Michał Porzycki have joined the team.
  • Andreea Comșa has been appointed Commercial Director of Speedwell. In her new position, she will lead and coordinate the operations of the commercial department with responsibility for the sales and leasing teams. She will also oversee the implementation of sales and development strategies, being fully involved in marketing initiatives and expanding existing business segments.

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