News - Futureal lays foundation stone of Buda’s largest shopping centre
07
Nov
2018

Futureal lays foundation stone of Buda’s largest shopping centre

by Property Forum
Futureal Group celebrated the launch of its €300 million Etele Plaza’s construction with a foundation stone laying ceremony. Buda's biggest shopping centre is a key element of the group’s property development projects s in Budapest’s 11th district.
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News - Ceetrus to invest €10 million in Romanian shopping mall expansion
02
Nov
2018

Ceetrus to invest €10 million in Romanian shopping mall expansion

by Property Forum
Ceetrus Romania is investing €10 million in the expansion of its shopping mall in Satu Mare, Romania. The new commercial space will be completed in Q3 2019, the company said in a press release.
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News - Strong pipeline on Poland’s retail market
30
Oct
2018

Strong pipeline on Poland’s retail market

by Property Forum
The growth in new European shopping centre space has started to slow, as mature European markets begin to reach the peak of space required, according to the latest research from Cushman & Wakefield.
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News - Atrium expands Warsaw shopping centre
29
Oct
2018

Atrium expands Warsaw shopping centre

by Property Forum
Atrium Polska opened the extension of its Atrium Targówek shopping centre in Warsaw. On 25 October, a new fashion alley was opened with 32 shops, introducing 27 new brands to the shopping centre. The food court area has also received a new upgraded look. Following the remodelling, 8,600 sqm of new leasable area was added to bring the total GLA to 60,600 sqm.
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News - Trei Real Estate opens retail park in Łódź
26
Oct
2018

Trei Real Estate opens retail park in Łódź

by Property Forum
Trei Real Estate GmbH is expanding its Polish investment portfolio in the retail sector. The real estate company, part of the German Tengelmann Group, has opened its tenth Polish retail park under the Vendo Park brand in Łódź, its second investment in the city. The total cost of building Vendo Park at Gojawiczynska Street in Łódź was approximately €4.4 million.
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News - Diófa reopens Budapest shopping centre
25
Oct
2018

Diófa reopens Budapest shopping centre

by Property Forum
Diófa Asset Management, on behalf of its Magyar Posta Takarék Real Estate Fund, has reopened the Shopmark shopping centre in the southern part of Budapest. The complete overhaul the 24,000 sqm building was started in February by KÉSZ Építő Zrt.
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News - Ikea postpones opening of second Bucharest store
25
Oct
2018

Ikea postpones opening of second Bucharest store

by Property Forum
Ikea has postponed the opening of its €80 million second store in Bucharest for next year. The opening of the store in Eastern Bucharest was initially scheduled for the end of this summer.
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News - New shopping centre to open in Plovdiv
25
Oct
2018

New shopping centre to open in Plovdiv

by Property Forum
Bulgarian shopping mall Plovdiv Plaza will reopen its doors in November following an extensive renovation. The shopping centre will have a total retail area of 35,000 sqm.
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News - NEPI Rockastle to open Shopping City Satu Mare soon
25
Oct
2018

NEPI Rockastle to open Shopping City Satu Mare soon

by Property Forum
NEPI Rockcastle announced that it will open Shopping City Satu Mare, its 18th shopping centre in Romania, on 6 December. The two-storey shopping centre will offer 29,000 sqm of leasable space, following an investment of over €40 million.
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News - MPC and Atterbury launch €110 million Belgrade retail project
19
Oct
2018

MPC and Atterbury launch €110 million Belgrade retail project

by Property Forum
Deputy Mayor of Belgrade, Goran Vesić and CEO of MPC Properties Ingo Nissen have officially laid down a foundation stone at the construction site of a new shopping centre in Belgrade with over 43,000 sqm of sales space and a total built area of 130,000 sqm. The project is a joint venture of MPC Properties, the largest investor in the region of South-East Europe and Atterbury Europe, focused on shopping centre investments and retail development opportunities in Europe, which will collectively invest more than €110 million in this project.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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