International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
Irish clothing chain Primark has expanded the space it leases in CTPark Bor, the largest Czech industrial park. CTP, the developer and owner of the park, recently finished another warehouse for Primark, which will be fully automated, incorporating the latest robotic technology. In total, Primark leases approximately 80,000 sqm of Class A warehouse space in CTPark Bor.
Primark has opened its first Czech Republic store in the Flow Building, Flow East’s development on Wenceslas Square in Prague, marking the 14th market for the retailer.
Irish clothing chain Primark‘s long-anticipated market entry into Slovakia has been confirmed as the company has signed a lease agreement with Eurovea. At the same time, the shopping centre has announced that it reached 70% occupancy in the forthcoming extension. Cushman & Wakefield facilitated the transaction.
Cresa represented Primark, a leading international fashion retailer, in the lease acquisition of its first store in Poland. The unit of 3,660 sqm of retail space will be located in Galeria Młociny in Warsaw.
Irish fashion retailer Primark opened its first store in Slovenia at Citypark in Ljubljana. The mall was completely renovated around the popular anchor tenant by Citypark operator SES Spar European Shopping Centers, following a refurbishment investment of €20 million.
Flex office provider CitySpace is to open a 3,500 sqm centre in the MidPoint71 office building in Wrocław. The centre, which is to open on July 1st, will offer a range of 400 workstations. This is to be CitySpace’s fourth location in Wrocław.
The Australian Embassy in Warsaw has changed its headquarters. The Australian diplomatic mission has taken over 780 sqm of office space in Rondo 1 office building. CBRE assisted the Embassy in signing the lease.
FORUM Towarzystwo Funduszy Inwestycyjnych (FTFI) is set to join tenants of Kraków’s Wadowicka 3 office complex. The company will occupy 880 sqm on the fifth floor of the building, owned by Partners Group & Reino Partners. JLL supported the tenant in the process of lease negotiations.
New appointments
Fidurock integrated the retail portfolio into their structure and appointed Petr Vondrášek as a new Head of Retail Portfolio as of July 1st 2022.
Garbe Industrial Real Estate CEE expands its teams in the region with the appointments of Veronika Zacha and Jan Hradecky, both are coming from Panattoni. Veronika Zacha is joining as Senior Business Development Manager for Czechia and Jan Hradecky will hold a Project Manager position.
Colin King has been appointed Strategic Advisor of Romanian PropTech Bright Spaces. King has worked for over 30 years with large public companies and private mid-cap growth businesses, all with revenue well in excess of £1 billion.
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