ARTICLES IN Retail  TOPIC

News Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News Czech retail parks enjoy interest from all sides
16
Jan
2024

Czech retail parks enjoy interest from all sides

by Property Forum
The supply of modern retail space has reached 3.93 million sqm in the Czech Republic. Retail parks or shopping parks are taking a portion of 31% of this total according to Cushman & Wakefield's analysis of the Czech retail park market data. Traditional shopping centres account for about 67%, and the remaining 2% are outlets.
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News Polish retail market enjoys improving turnover
11
Jan
2024

Polish retail market enjoys improving turnover

by Property Forum
Cushman & Wakefield has summarized the situation in the Polish retail market in 2023, which saw heightened development activity, with about 450,000 sqm of new retail space delivered. The Polish retail sector continued to recover, as confirmed by the number of debuts – 29 new brands entered Poland in the last 12 months, marking the highest figure since 2017. Meanwhile, the slower price growth bolstered consumer sentiment, leading to higher retail turnover levels.
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News Germany’s biggest department store chain files for third insolvency
09
Jan
2024

Germany’s biggest department store chain files for third insolvency

by Property Forum
Galeria Karstadt Kaufhof, Germany’s largest department store chain owned by Austrian Sign Group, has initiated its third insolvency procedure in less than four years over financial issues.
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News CBV to develop new multifunctional centre in Budapest
09
Jan
2024

CBV to develop new multifunctional centre in Budapest

by Property Forum
Local developer Chain Bridge Venture Kft. (CBV) has launched a new development project aiming to build a state-of-the-art multifunctional centre not far from the Puskás Ferenc Stadium and Papp László sports arena. The handover is expected in 2026.
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News Czech retail market attracts record number of new brands
04
Jan
2024

Czech retail market attracts record number of new brands

by Property Forum
A record number of new brands entered the Czech retail market last year. In the past ten years, since Cushman & Wakefield has been closely monitoring this activity, none equalled the 2023 list of 39 new retail brands.
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News CBRE to manage CPIPG retail park portfolio in Serbia
03
Jan
2024

CBRE to manage CPIPG retail park portfolio in Serbia

by Property Forum
CPI Property Group has appointed CBRE as manager of its Stop Shop retail park portfolio in Serbia, which comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area. CBRE will provide integrated asset management solutions, including financial and property accounting services, leasing services, and will oversee all operational aspects of the property and tenants.
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News One United Properties gets loan for commercial gallery in Bucharest
18
Dec
2023

One United Properties gets loan for commercial gallery in Bucharest

by Property Forum
Romanian developer One United Properties has secured a loan deal with Alpha Bank Group with a value up to €30.5 million for the development of One Gallery, a retail gallery based in northern Bucharest that is part of One Floreasca City mixed-use scheme.
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News Shopping centre in Banská Bystrica improves user experience
15
Dec
2023

Shopping centre in Banská Bystrica improves user experience

by Property Forum
The food court in the Europa Shopping Center in Banská Bystrica has undergone significant changes, reports Aktuality.sk. It offers bigger choice of F&B options, new premises and self-service ordering kiosks as improved UX for their customers.
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News Greenfield Plaza gets BREEAM Excellent certification
13
Dec
2023

Greenfield Plaza gets BREEAM Excellent certification

by Property Forum
The Greenfield Plaza shopping centre, which is located in the Greenfield Băneasa project developed by Impact Developer & Contractor has obtained the BREEAM Excellent certification following the evaluation carried out by BuildGreen.
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Latest news


New leases

  • A showroom of the IWC Home and Dion brands has opened in the Homepark Janki retail park, owned by the Pradera European Retail Parks Fund, occupying about 680 sqm of retail space.
  • Hatrans Logistics, which operates in the logistics and transportation services sector, has leased 5,000 sqm of warehouse and office space at the Hillwood Łódź Chocianowice park.
  • TPL Logistic has leased nearly 3,700 sqm of warehouse and office space in the P3 Blonie park near Warsaw, thereby increasing the space it previously occupied to 5,000 sqm in two warehouses.

New appointments

  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.
  • Rafał Kincer has been appointed CEO of Polski Holding Hotelowy. The new head of the state-owned hotel company will take the helm in mid-July.
  • Anne Kavanagh, former CEO of residential and mixed-use developer Telford Homes (of the Trammell Crow Company group), has been appointed president of ULI Europe. The Urban Land Institute (ULI) also announced the appointment of Angela Cain as global CEO.

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