Ingka Group has just opened another IKEA store in Szczecin, with an area of almost 30,000 sqm. The company claims that it will be the last store of that size in Poland.
Ikea extended its lease contract at Segro Logistics Park Prague in the vicinity of the Václav Havel Airport. It will continue leasing the warehouse space totalling almost 12,500 sqm in the building it uses as a goods pick-up warehouse for its customers. The lease transaction was assisted by Cushman & Wakefield.
Swedish furniture group Ikea is set to open its first store in Slovenia in Ljubljana today. To ensure a safe shopping experience and avert long queues in front of the store, Ikea has mandated advanced bookings for in-person shopping in the first weeks following the opening. The number of visitors is capped at 700 with Ikea estimating that they will spend roughly two hours on average browsing around the store.
IKEA plans to invest €50 million in the construction of a shopping park near Belgrade. The company plans to start the construction of the AVA Shopping Park in the beginning of 2021.
Ikea plans to open a new furniture store in central Vienna, next to the Westbahnhof railway station with no parking place for cars. The construction works started in January 2020 and will be finished by next year.
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.
Ikea intends to complete the construction of a €50 million retail park in Belgrade by the end of 2020, the company’s CEO for SEE, Stefan Vanoverbeke said.
Ikea will open a new pop-up store on Wenceslas Square in Prague’s heart on 20 September. The 800 sqm shop will focus on showing customers a range of options they have for their living rooms.
Ikea’s presence is growing rapidly in the SEE region. Construction is underway at the second store in Bucharest and there are further plans for new developments. Viviana Pavel, Real Estate and Development Manager at Ikea South East Europe shared her thoughts on the retail market, e-commerce and the company’s regional expansion.
Modesta Real Estate has found a new office location for one of the leading suppliers of LPG in Slovakia. FLAGA, part of UGI International, will move into about 300 sqm in the Westend Business Zone close to the city centre of Bratislava in May 2023.
Szerémi Office Building in Budapest welcomed an unnamed new tenant which has signed a long-term lease agreement for 1252 sqm of space in the property. The complex of three interconnected buildings provides a total floor space of nearly 10,500 sqm.
Kucera Logistics Group Sp. z o.o Sp. K. has decided to open a new distribution centre at Panattoni Park Pruszków V. The tenant will occupy nearly 3,300 sqm of warehouse and office space in the new location. AXI IMMO represented Kucera Logistics Group in the transaction.
New appointments
CPI Property Group has appointed Karol Klin as Head of Office Leasing in Warsaw from the 1st of February. He is a recognised specialist in the commercial real estate sector. He gained more than 20 years of experience in such companies as Cornerstone, Globalworth, Echo Investment, Skanska and GTC.
Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
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