ARTICLES IN Retail  TOPIC

News Poland’s retail market attracts new brands
18
Jul
2018

Poland’s retail market attracts new brands

by Property Forum
A good location is the key to success in retail. It may, however, take some time before a suitable store is found for a brand entering the Polish market. Most brands want to open their first stores in Warsaw. That’s why retailers would rather wait than start off somewhere else, says Szymon Łukasik, Head of Retail Department at Cresa Poland.
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News Tesco and Carrefour to create long-term strategic alliance
09
Jul
2018

Tesco and Carrefour to create long-term strategic alliance

by Property Forum
Tesco and Carrefour have announced their intention to enter into a long-term, strategic alliance. The alliance will cover the strategic relationship with global suppliers, the joint purchasing of own brand products and goods not for resale. It will be governed by a three-year operational framework.
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News New retail formats gain popularity in Poland
04
Jul
2018

New retail formats gain popularity in Poland

by Property Forum
Shopping centres remain the dominant retail format on the Polish market. Poland now has more than 420 shopping centres that provide 10.5 million sqm, accounting for 73% of the country’s total retail stock. Retail experts at Cresa Poland analysed the Polish retail market
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News Czech shopping centres are getting revitalised
19
Jun
2018

Czech shopping centres are getting revitalised

by Property Forum
19 % of all existing shopping centres in the Czech Republic have been refurbished to date. Further revitalizations are yet to be completed, according to Cushman & Wakefield.
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News Nova Imobiliare to spend €30 million on Bucharest mall
10
Jun
2018

Nova Imobiliare to spend €30 million on Bucharest mall

by Property Forum
Nova Imobiliare announced the €30 million expansion of Colosseum Mall, in the north-western area of Bucharest. Construction is scheduled to start later this year and the inauguration will take place in the first half of 2019.
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News Redevco appoints MAX Immo to lease Prague building
04
Jun
2018

Redevco appoints MAX Immo to lease Prague building

by Property Forum
MAX Immo has been appointed as an exclusive partner for the leasing of City Palais building situated in Prague’s “Golden Cross”. Redevco, the owner of City Palais commissioned MAX Immo to secure the leasing. The building provides office, retail and residential space on an area of 7,500 square metres.
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News Are Polish shopping centres child-friendly?
31
May
2018

Are Polish shopping centres child-friendly?

by Property Forum
The location and the commercial offer are the most important criteria taken into consideration by parents visiting shopping centres with children – these are the main conclusions from the research conducted by Colliers International in cooperation with the Polish Council of Shopping Centres (PRCH) and Ariadna (research agency) in the eight biggest Polish agglomerations in terms of shopping centre child-friendliness.
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News Multi opens flagship project in Gdańsk
31
May
2018

Multi opens flagship project in Gdańsk

by Property Forum
Forum Gdańsk opened its doors officially to the public. This modern urban shopping destination is situated in the inner city of Gdańsk and offers 62,000 sqm GLA of retail, a multi-screen cinema, leisure facilities, restaurants and 1,100 parking spaces. Forum Gdańsk also includes a boutique hotel and the multi-functional Gdańsk Heritage Centre. The centre boasts a new public transport hub and is adjacent to the main railway station, the Old Town and key municipal buildings. Multi Poland, part of Multi Corporation, the Gdańsk municipal authorities and PKP Polish Railways cooperated on this major project. Multi developed the project and is responsible for the management of Forum Gdańsk. The total investment, including road infrastructure development, was approximately €194 million.
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News Sunday trading ban challenges Poland’s retail market
31
May
2018

Sunday trading ban challenges Poland’s retail market

by Property Forum
Preliminary data has revealed an increase in shopping centre footfall on Thursdays, Fridays and Mondays, and a decrease on Saturdays. Cushman & Wakefield presented a summary of the first quarter of 2018 on the Polish retail market in its latest report.
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News Unusual tenant enters Bucharest shopping centre
23
May
2018

Unusual tenant enters Bucharest shopping centre

by Property Forum
Kiddo Play Academy, a company which specializes in family entertainment, will open its second playground in Bucharest on the 1st of June, on an area of approximately 1,200 sqm in ParkLake Shopping Center. The leasing negotiations were conducted by Colliers International Romania.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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