ARTICLES IN Retail  TOPIC

News Multi Corporation enters Hungary
15
Mar
2018

Multi Corporation enters Hungary

by Import Sys
Multi Corporation, a pan-European fully integrated retail real estate service platform, recently acquired the asset and property management of Allee Centre. This shopping centre is located in the city-centre of Budapest and includes 46,700 sqm of retail space. Multi’s centre management team took over the management of Allee Centre on 1 January 2018, marking Multi’s first entry into the Hungarian retail real estate market. This is the fourteenth country in which Multi Corporation is developing its operations.
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News Alza to open non-stop staffless stores in Hungary
28
Feb
2018

Alza to open non-stop staffless stores in Hungary

by Import Sys
Czech online retailer alza.cz plans to bring its new self-service concept store to Hungary, local daily Magyar Nemzet reports. Alza opened its first similar store at Prague’s Flora metro station this January. The store, which is able to serve 1,000 costumes daily, operates with no staff and offers 24-hour accessibility. The company invested nearly €200 million in the opening of the store.
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News Retail supply expands rapidly in Poland
21
Feb
2018

Retail supply expands rapidly in Poland

by Import Sys
In 2017, approximately 360,000 sqm of new retail space was delivered to the Polish market, which is 15% less than in 2016. Most new shopping centres were completed in the eight largest agglomerations (over 66% of completions). Thus, at the end of 2017, the total stock of modern shopping centre space in Poland reached approximately 11.5 million sqm, according to Colliers International.
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News Aupark extension planned in Bratislava
21
Feb
2018

Aupark extension planned in Bratislava

by Import Sys
Owner Unibail-Rodamco plans to extend the Aupark shopping centre in Bratislava by 7,000 sqm. According to etrendk.sk, the developer has already filed documentation for a construction permit.
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News Retail development is booming in Poland
02
Feb
2018

Retail development is booming in Poland

by Import Sys
Developer activity remains strong despite high retail space saturation in many Polish cities. Magdalena Sadal, Head of Retail Research & Advisory at Cresa Poland, talks about retail space saturation and the purchasing potential in Poland’s largest agglomerations.
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News Delta Holding to invest €600 million in real estate projects
19
Jan
2018

Delta Holding to invest €600 million in real estate projects

by Import Sys
In the next two years Delta Holding plans to invest €600 million in real estate projects in Serbia, Bosnia and Herzegovina and Bulgaria.
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News Iulius kicks off retail component of Timisoara project
17
Jan
2018

Iulius kicks off retail component of Timisoara project

by Import Sys
The Iulius Company has commenced the works for the retail component included in the Openville Timişoara project, the largest mixed-use development in the west of Romania. The first phase of the project integrating the current Iulius Mall Timişoara is set for completion in Q4 2018 and will include 47,000 sqm of additional retail premises, 100,000 sqm of Class A offices, a park, a traffic underpass, as well as more than 1,500 new parking places.
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News Czech online retailer opens store with no cashiers
15
Jan
2018

Czech online retailer opens store with no cashiers

by Import Sys
Czech online retailer alza.cz has opened a new self-service concept store at Prague’s Flora metro station. The retailer has branded the new concept ‘the store of the future’. The store, which is able to serve 1,000 costumers daily, operates with no staff and offers 24-hour accessibility.
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News Poland's retail market remains strong
15
Jan
2018

Poland's retail market remains strong

by Import Sys
In 2017 20 new foreign retail brands entered Poland and over 330,000 sqm of shopping centre space were delivered to market. The retail transaction volume exceeded €1.9 billion. JLL highlighted the results on the retail market in Poland for 2017.
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News Poland attracts Russian, Romanian and Spanish brands
11
Jan
2018

Poland attracts Russian, Romanian and Spanish brands

by Import Sys
The Polish retail market witnessed a large number of interesting developments throughout 2017. Magdalena Sadal, Head of Retail Research and Advisory at Cresa Poland presented an outlook for 2018.
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Latest news


New leases

  • Flowserve Hungary Services has leased 2,550 sqm of office space in the Liberty mixed-use building in Budapest. The company will move into this Autumn.
  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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