ARTICLES IN Retail  TOPIC

News Crestyl removes casino from historical palace in Prague
11
Sep
2024

Crestyl removes casino from historical palace in Prague

by Property Forum
The development group Crestyl is returning the Baroque Savarin Palace in the centre of Prague to the cultural map of the metropolis. The most valuable historical spaces of the newly renovated listed building by Kilian Ignác Dientzenhofer are opening doors for exhibitions instead of the casino.
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News Romania’s retail market heads for 5 million sqm by 2026
29
Aug
2024

Romania’s retail market heads for 5 million sqm by 2026

by Property Forum
Romania’s retail stock expanded by around 106,000 sqm during H1 2026, with another 205,000 sqm under development that could help the country reach the 5 million sqm milestone at the end of 2026, according to a Colliers report. 
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News JTH opens retail park in Lovosice
23
Aug
2024

JTH opens retail park in Lovosice

by Property Forum
JTH Group has opened the new Kaufland store and the adjacent Retail Park in Lovosice in North-west Bohemia. This project has been developed on an area of approximately 40,000 sqm on a former agricultural field.
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News EBRD invests in Romanian retailer La Cocoș
22
Aug
2024

EBRD invests in Romanian retailer La Cocoș

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer’s development plans.
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News NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024
21
Aug
2024

NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024

by Property Forum
NEPI Rockcastle has recorded a 13.5% gain in net operating income to €274 million during H1 2024 versus the same period of last year, while on a like-for-like basis it saw a 10% gain.
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News Indotek makes €45 million shopping centre purchase in Spain
12
Aug
2024

Indotek makes €45 million shopping centre purchase in Spain

by Property Forum
Hungarian real estate fund Indotek has purchased Espacio León shopping centre in the northern Spanish city of León from Blackstone for €45 million. 
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News Mitiska REIM and Park Lane launch retail JV in Bulgaria
08
Aug
2024

Mitiska REIM and Park Lane launch retail JV in Bulgaria

by Property Forum
Mitiska REIM has rolled out a joint venture (JV) with Park Lane Developments for the development of retail parks in Bulgaria. 
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News Retail deliveries in Poland reach 135,000 sqm in Q2 2024
08
Aug
2024

Retail deliveries in Poland reach 135,000 sqm in Q2 2024

by Property Forum
Around 135,000 sqm of modern retail space was added to Poland’s total stock in Q2 2024, with new supply comprising both new openings and extensions, while the end of H1 2024 the development pipeline amounted to around 335,000 sqm, according to a report by BNP Paribas Real Estate. 
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News Sierra Balmain expands services at Osowa Shopping Center
07
Aug
2024

Sierra Balmain expands services at Osowa Shopping Center

by Property Forum
Property manager Sierra Balmain has taken leasing and administration roles for the second owner of Osowa Shopping Center in Gdańsk. 
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News Hungarian REIT rebrands Czech shopping centres
07
Aug
2024

Hungarian REIT rebrands Czech shopping centres

by Property Forum
Shopper Park Plus Plc., a Hungarian REIT, member of Adventum Group, is rebranding the shopping centres and retail parks and launching a new brand on the Czech retail market.
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Latest news


New leases

  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
  • A new flagship Stay Fit Gym centre will open this summer in the Palas mixed-use complex, owned by Iulius in the center of Iași. The chain currently includes 52 locations and boasts over 60,000 active members.
  • CCC, a chain of footwear and clothing shops, has opened a two-storey shop of over 1,600 sqm in Warsaw's Promenada gallery

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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