DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
The retail market in Romania is set to expand by more than 500,000 sqm in the next four years, with 10 of the projects in the pipeline each having more than 10,000 sqm, according to Cushman & Wakefield Echinox.
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox.
Around 120,000 sqm in new and extensions of existing retail projects are under development in Romania with delivery estimated by the end of 2022, according to a report by real estate consultancy Cushman & Wakefield Echinox.
GE Vernova, an American technology provider for the energy sector, has joined the tenants of Katowice's CitySpace Face2Face complex.
ID Logistics has extended its lease of 23,000 sqm of space at GLP Warsaw I Logistics Centre. The cooperation between the companies has been ongoing since 2018.
NN is relocating its offices to One Cotroceni Park in Bucharest. The company has leased 2,300 sqm in a deal brokered by Knight Frank.
New appointments
Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".
At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
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