Retail centres face pressure from different angles and most of them have started refurbishment programs including energy efficiency investments. Is that enough or do they need to invest more to keep up? Property Forum asked Judit Balatoni, Secretary General of the Hungarian Council of Shopping Centres (HCSC) about the ways operators meet current challenges.

Grocery retailer Kaufland has inaugurated in Bucharest a new hypermarket spanning 5,000 sqm. Following the latest opening, the European network of the retailer climbed to 1,500 units.

Hypermarket chain Kaufland, part of German Schwarz Group, has increased its investment target in Romania in 2021. In 2020, the company opened 20 new stores, purchased land, and carried out upgrade works as part of a €300 million investment effort. 

A Slovak private equity group has disposed of a 6,800 sqm hypermarket in Liptovský Mikuláš with an exceptionally long lease with Tesco to a Czech private investor, Cushman & Wakefield announced on Twitter.