ARTICLES LABELLED WITH TAG penny-market
29
Apr
2021
Apr
2021
Penny Market extends logistics centre in Eastern Hungary
Retail chain Penny Market will expand one of its three logistics centres in Hungary. The project, which is expected to be completed by August 2022, will add 30,000 sqm to the company's facility in Karcag, Eastern Hungary, increasing its storage capacity. Penny Market will also create new jobs through the one-year project.
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20
Oct
2017
Oct
2017
Penny Market opens logistics centre in Western Hungary
German discount supermarket chain Penny Market opened a logistics centre in Veszprém, Western Hungary, following a nearly €30 million (HUF 9 billion) investment. The facility offers 26,500 sqm of warehouse space on a 10 ha land. The new warehouse can hold 15,000 pallets.
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12
May
2017
May
2017
Lidl buys two stores from Penny Market in Romania
German retailer Lidl bought two XXL Mega Discount stores, located in Sibiu and Galati, from Penny Market. Each property offers 2,500 sqm of retail space. Lidl will also take over the land surrounding the stores. The transaction price is estimated to be between €6 million and €8 million, according to zf.ro.
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Latest news
- Luxury brands hit €150 million sales record in Bucharest
- CEE investment volumes surge 34% to €11.8 billion in 2025
- GTC leases over 150,000 sqm of commercial space across CEE in 2025
- Passerinvest raises €100 million in bond issue
- PRS investments in Poland continue to climb in 2025
- 7R places bond issue over €12 million at lower margin
- CTP secures key Asian loan for development pipeline
- Capital is back, but deployment remains difficult
- Wood & Company buys Warsaw-based Royal Wilanów for €100 million
- Shopping parks to dominate new retail supply in Poland
New leases
- Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
- iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
- The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
