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News Savills to manage M7’s Polish shopping centre
07
Aug
2018

Savills to manage M7’s Polish shopping centre

by Property Forum
Savills became the property manager of the Zgorzelec Plaza shopping and entertainment centre owned by the M7 Real Estate fund.
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News Mint Investments buys Czech shopping centre
07
Aug
2018

Mint Investments buys Czech shopping centre

by Property Forum
In June 2018, Mint Investments successfully completed the acquisition of the shopping centre Breda & Weinstein in Opava from Avestus Capital Partners. The value of the transaction exceeded €60 million. Mint Investments originally developed and later asset managed this shopping centre for Avestus Capital Partners.
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News EPP completes Poznan acquisition
07
Aug
2018

EPP completes Poznan acquisition

by Property Forum
EPP announced the completion of its acquisition of the King Cross Marcelin Shopping Centre. The €91.1 million acquisition is EPP’s first entry into Poznan and brings the company’s portfolio to 19 retail projects.
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News Focus Estate Fund buys shopping centre in Poland
25
Jul
2018

Focus Estate Fund buys shopping centre in Poland

by Property Forum
Focus Estate Fund has closed the transaction on the acquisition of the Galeria Awangarda shopping centre in Bartoszyce (Poland). The centre has a GLA of 6,126 sqm.
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News Atrium completes sale of Bucharest shopping centre
09
Jul
2018

Atrium completes sale of Bucharest shopping centre

by Property Forum
Atrium European Real Estate Limited has completed the sale of the Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc. for €95 million, which represents a 9% premium to book value on 31 December 2017.
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News NEPI Rockcastle buys shopping centre in Slovakia
02
Jul
2018

NEPI Rockcastle buys shopping centre in Slovakia

by Property Forum
NEPI Rockcastle announced that, through its subsidiary NRP Shopping Centre Project Two s.r.o., it has signed a binding agreement to acquire 100% of the shares in MLYNY, a.s., being the owner of Galeria Mlyny shopping centre in the city of Nitra in Slovakia from a group of local investors. The aggregate purchase price for Galeria Mlyny was €121.8 million.
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News Nova Imobiliare to spend €30 million on Bucharest mall
10
Jun
2018

Nova Imobiliare to spend €30 million on Bucharest mall

by Property Forum
Nova Imobiliare announced the €30 million expansion of Colosseum Mall, in the north-western area of Bucharest. Construction is scheduled to start later this year and the inauguration will take place in the first half of 2019.
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News EPP to buy Poznań shopping centre for €91 million
10
Jun
2018

EPP to buy Poznań shopping centre for €91 million

by Property Forum
EPP has announced the acquisition of the King Cross Marcelin Shopping centre for €91.1 million. This marks the group’s first entry into Poznan, adding to the group’s portfolio of eighteen retail projects. The property is being purchased through its wholly-owned Polish subsidiary, EPP Development 7 SP.z.o.o from Poznań onkil S.A. which holds its legal title to the property. The initial yield of the acquisition is 7.30%.
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News Are Polish shopping centres child-friendly?
31
May
2018

Are Polish shopping centres child-friendly?

by Property Forum
The location and the commercial offer are the most important criteria taken into consideration by parents visiting shopping centres with children – these are the main conclusions from the research conducted by Colliers International in cooperation with the Polish Council of Shopping Centres (PRCH) and Ariadna (research agency) in the eight biggest Polish agglomerations in terms of shopping centre child-friendliness.
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News Multi opens flagship project in Gdańsk
31
May
2018

Multi opens flagship project in Gdańsk

by Property Forum
Forum Gdańsk opened its doors officially to the public. This modern urban shopping destination is situated in the inner city of Gdańsk and offers 62,000 sqm GLA of retail, a multi-screen cinema, leisure facilities, restaurants and 1,100 parking spaces. Forum Gdańsk also includes a boutique hotel and the multi-functional Gdańsk Heritage Centre. The centre boasts a new public transport hub and is adjacent to the main railway station, the Old Town and key municipal buildings. Multi Poland, part of Multi Corporation, the Gdańsk municipal authorities and PKP Polish Railways cooperated on this major project. Multi developed the project and is responsible for the management of Forum Gdańsk. The total investment, including road infrastructure development, was approximately €194 million.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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