News - GTC secures €84 million refinancing for Galeria Północna in Warsaw
26
Aug
2025

GTC secures €84 million refinancing for Galeria Północna in Warsaw

by Property Forum
Real estate owner GTC has secured a refinancing loan of up to €84 million from J&T Banka for Galeria Północna, one of its landmark retail assets in Warsaw. The five-year facility will strengthen the company’s liquidity and support the acquisition of the remaining stake in its German residential portfolio, the company announced on LinkedIn.  
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News - Hungary's 'mall stop' amendment affects fewer retailers than expected
26
Aug
2025

Hungary's 'mall stop' amendment affects fewer retailers than expected

by Ákos Budai
The Hungarian government has adopted an amendment to the regulation known as the “mall stop,” narrowing its impact compared to the earlier draft. The new decree (274/2025. VIII.18.) will require new owners or tenants of commercial units larger than 400 sqm to obtain a change-of-use permit only if the premises are operated as stores selling daily consumer goods. The regulation takes effect on 17 September 2025.
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News - Oasis Group finalises third expansion phase of retail project in Sibiu
25
Aug
2025

Oasis Group finalises third expansion phase of retail project in Sibiu

by Property Forum
Oasis Retail Development & Consulting has announced the completion of the third development phase of Prima Shopping Center, the largest retail park in the central-west region of Romania, which now covers 60,000 sqm.
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News - Retail transactions in Hungary to face new hurdles under new law
25
Aug
2025

Retail transactions in Hungary to face new hurdles under new law

by Property Forum
In June, Property Forum reported on a draft amendment to Hungary’s so-called “mall stop” regulation, which governs the operation of retail units larger than 400 sqm. The government has now adopted the proposal, with the new decree published in the Official Gazette on 18 August.
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News - Primark to open new store in VIVO! Cluj-Napoca
21
Aug
2025

Primark to open new store in VIVO! Cluj-Napoca

by Property Forum
Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania’s VIVO! Cluj-Napoca project.
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News - Big Poland rebrands retail park in Koszalin
20
Aug
2025

Big Poland rebrands retail park in Koszalin

by Property Forum
Big Poland has completed the rebranding of its shopping park in Koszalin, which now officially operates under the name Big Koszalin. To mark the occasion, the largest shopping park in the region will host a launch event on 27 August featuring free attractions and a live concert.
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News - SES starts construction of new retail park in Croatia
20
Aug
2025

SES starts construction of new retail park in Croatia

by Property Forum
SES Spar European Shopping Centers has started construction of S-Park Varaždin in northwest Croatia. The project, launched on August 18, 2025, will redevelop the historic site of the former Varteks textile factory into a modern retail park scheduled to open in 2027.
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News - Erste Group provides €85.5 million refinancing for mall in Romania
19
Aug
2025

Erste Group provides €85.5 million refinancing for mall in Romania

by Property Forum
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
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News - PKB Inwest Budowa plans new retail park near Łódź
14
Aug
2025

PKB Inwest Budowa plans new retail park near Łódź

by Property Forum
PKB Inwest Budowa has received a final building permit for a new retail park in Konstantynów Łódzki, scheduled to open in Q2 2026
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News - M Core to develop new retail project in Lugoj
13
Aug
2025

M Core to develop new retail project in Lugoj

by Property Forum
M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj. 
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Latest news


New leases

  • The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
  • Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
  • IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.

New appointments

  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.

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