OTP Bank announced that it is granting a loan of approximately €9 million to Oasis Retail Development & Consulting, for the construction of the Prima Shops Sibiu retail park.

Eurocash has acquired 49% stake in Arhelan retail chain, which operates over 100 stores in north-eastern Poland. The investment in Arhelan is in line with the development strategy of the group, as it aims to create the largest supermarket chain in Poland based on owned and franchise stores. 

The Polish anti-monopoly regulator UOKiK has approved the takeover of the Polish branch of the British retailer Tesco by its Danish competitor, Salling Group, operator of the Netto discount store chain.

Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG.

On Thursday, 11 March, SES Spar European Shopping Centers opened S-Park Kaposvár, a new retail park in Southern Hungary. As a result of a renewed lockdown in the country, only those stores that are deemed essential for the provision of basic goods and services to the population have been allowed to open. These are a 6,800 sqm Interspar store, a 600 sqm dm drugstore and a 150 sqm Ofotért optical retail store. S- As soon as official Hungarian regulations permit, all other stores located at S-Park, such as Hervis, Deichmann, Euronics, Pepco, and Kik will go into full operation. The segment and shop mix, which includes 10 stores, covering a leasable area of 11,200 sqm, will deliver a comprehensive range of brands and services to Kaposvár and the surrounding region.

Prime Kapital will inaugurate in Sfântu Gheorghe the first shopping center in the county on 18th March. The investment budget was over €22 million. 

AFI Brașov has obtained the LEED Gold Green Certification as a sustainable project for using technics and technologies for construction, design, and execution with minimum impact on the environment.

AFI Europe Romania is building a small shopping centre in Bucharest, on the land where the company completed the first phase of the AFI City housing project.

Etele Plaza has obtained its occupancy permit which means tenants can start building their new stores in the largest shopping centre in the Buda side of Budapest. Developed by Futureal, with an investment value of €300 million and a leasable area of 55,000 square meters, the environmentally friendly building will open its doors in September 2021.

Polish company Scallier has announced that 70% of available space has been leased in its first retail park under the Funshop Park brand in Romania.