News - COVID-19 accelerates changes in Poland’s retail sector
20
Jul
2020

COVID-19 accelerates changes in Poland’s retail sector

by Property Forum
The drop in footfall numbers in the majority of shopping centres combined with a drop in turnover, as well as ongoing talks between tenants and shopping centre owners have caused a slowdown or even temporary suspension of development plans of some retail chains, especially those in the fashion sector. JLL summarised conditions on Poland's retail market at the end of H1 2020.
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News - Opening of Bucharest mall postponed to 2021
16
Jul
2020

Opening of Bucharest mall postponed to 2021

by Property Forum
The opening of Colosseum Mall in Bucharest, initially planned for the end of 2020, has been rescheduled for 2021, considering the unpredictability of the business environment under the impact of COVID-19 pandemic.
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News - Iulius to launch new retail concept
16
Jul
2020

Iulius to launch new retail concept

by Property Forum
20 years after opening its first shopping mall in Iași, Iulius is launching a new retail concept. Family Market is a concept that addresses the expectations and needs of people living in expanding residential areas. The first project of this type is proposed for Miroslava commune in Iași County and entails an investment upwards of €6 million.
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News - What can we learn from retail’s recovery in China?
02
Jul
2020

What can we learn from retail’s recovery in China?

by Property Forum
Cushman & Wakefield’s reports on the Chinese market have shed light on how the retail sector and consumers responded to challenges facing them in the new reality. What lessons should the Polish retail sector learn from them? Daniel Stańczuk, Marketing & PR Senior Communications Specialist, Asset Services, at Cushman & Wakefield wrote about trends on the Polish market and ways of tailoring strategies to the new reality.
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News - Supernova Group opens new retail park in Croatia
18
Jun
2020

Supernova Group opens new retail park in Croatia

by Property Forum
Supernova Group has opened its fifteenth shopping centre in Croatia in the town of Požega, following an investment of €16 million. The 11,000 sqm retail park includes 16 stores and a restaurant.
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News - Shopping centres in Romania invest €500,000 in reopening
17
Jun
2020

Shopping centres in Romania invest €500,000 in reopening

by Property Forum
Shopping centres in Romania have reopened on June 15. In total, investments in all equipment, supplies and staff needed to ensure compliance with the safety and social distancing measures that are still needed to prevent the spread of coronavirus. exceed €500,000 for large shopping centres, according to Colliers International consultants. Shoppers will gradually resume their pre-pandemic habits and traffic in the malls could return to normal during the Christmas season.
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News - BIG takes over shopping centre in Zrenjanin
17
Jun
2020

BIG takes over shopping centre in Zrenjanin

by Property Forum
Aviv Park Zrenjanin, a 25,000 sqm open-air shopping centre in the Vojvodina region of Serbia, has officially started operating under the management of BIG Shopping Centers. The new operator acquired the building earlier this year.
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News - Neinver certifies all centres against COVID-19
17
Jun
2020

Neinver certifies all centres against COVID-19

by Property Forum
Neinver, an investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland, is certifying the COVID-19 hygiene and safety protocols and procedures implemented in the 20 centres it manages in five European countries. Neinver has reached an agreement with SGS, the world's leading inspection, verification, testing and certification company, to validate its safety protocols against the spread of COVID-19 in the centres it operates in Germany, Spain, Italy and Poland.
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News - COVID-19 changes consumer habits in Romania
16
Jun
2020

COVID-19 changes consumer habits in Romania

by Property Forum
The two months of isolation and the situation still fragile regarding the danger of infection with the Covid-19 virus will mark their way into the consumption behavior of Romanians, as they will be tempted to choose more outdoor activities and spending their holidays in Romania, according to a study conducted by the real estate consulting company Cushman & Wakefield Echinox and the research company MKOR Consulting.
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News - Outlets in Poland are coming back to life
10
Jun
2020

Outlets in Poland are coming back to life

by Property Forum
After the Polish government announced a major reopening of the retail economy last month, outlets are seeing more than 80% of footfall on average, with convenience centres attracting between 90% to 100% clients as compared to the previous year. Such positive results are due to the fact that these types of centres are shopping destinations in their own right but only offer a limited number of options for spending free time. However, this paradoxically is now working in favour of outlet centres and convenience centres.
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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