ARTICLES LABELLED WITH TAG retail

News NEPI Rockcastle retail development pipeline tops €650 million in 2024
12
Mar
2024

NEPI Rockcastle retail development pipeline tops €650 million in 2024

by Property Forum
NEPI Rockcastle has a development and refurbishment pipeline of more than €650 million in 2024 across Central and Eastern Europe (CEE), which is the biggest retail investment program in the region.
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News Retailer La Cocoș expands in Brașov
05
Mar
2024

Retailer La Cocoș expands in Brașov

by Property Forum
Local retail chain operator La Cocoș has opened its fourth hypermarket in Brașov. The company has leased 10,000 sqm for the new unit in the Brintex complex, in a deal brokered by Cushman & Wakefield Echinox.
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News Older retail schemes face an energy challenge
04
Mar
2024

Older retail schemes face an energy challenge

by Property Forum
The Polish shopping centre market is now considered mature as many retail malls were built in the 1990s and 2000s, that is before the technological boom in energy efficiency and during a period of significantly lower awareness of the issue. A wave of upgrades is coming, but they will not happen overnight due to high levels of refurbishment expenditure required. In the face of rising challenges of energy and heat consumption, experts from Cushman & Wakefield managing a large and highly diverse portfolio of shopping centres and retail parks provide valuable insight into the results of their frequently innovative and low-cost measures.
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News Retail deliveries in Romania to reach 90,000 sqm in 2024
23
Feb
2024

Retail deliveries in Romania to reach 90,000 sqm in 2024

by Property Forum
Romania’s retail stock is set to expand by around 90,000 sqm in 2024, of which more than half will be based in Pitești-based Argeș Mall. However, the development pipeline is strong for the 2025-2028 period, with a few large and dominant shopping centres expected to add several hundred thousands of leasable space to the local market, according to Colliers data.
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News Modern retail market in Poland is in good shape
22
Feb
2024

Modern retail market in Poland is in good shape

by Property Forum
According to the latest quarterly report by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floor space supply.
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News NEPI Rockcastle sees 21% growth of net operating income in 2023
21
Feb
2024

NEPI Rockcastle sees 21% growth of net operating income in 2023

by Property Forum
NEPI Rockcastle, the third biggest retail real estate company in Europe, saw its net operating income soar 21% to a record €491 million in 2023 compared to the previous year over strong sales of its tenants across the region.
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News New Dornych in Brno moves closer to construction
20
Feb
2024

New Dornych in Brno moves closer to construction

by Property Forum
The Dornych project of Crestyl Group replacing the old shopping centre in the neighbourhood of the Brno Central Station has received a building permit.
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News Retail drives Romania’s investment scene in 2023
13
Feb
2024

Retail drives Romania’s investment scene in 2023

by Property Forum
The retail sector accounted for 58% of the total investment transaction volume that reached €500 million during 2023 in Romania, according to data from iO Partners in collaboration with JLL.
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News Sustainability is the new currency in real estate
13
Feb
2024

Sustainability is the new currency in real estate

by Michał Poręcki
Sylvie Geuten-Carpentier, Managing Partner at Mitiska REIM, talked to Property Forum about the current state of affairs in the Polish investment market, recent activities of Mitiska in CEE countries and the rising attractiveness of the retail park sector.
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News Focus Estate Fund acquires shopping centre in southern Poland
08
Feb
2024

Focus Estate Fund acquires shopping centre in southern Poland

by Property Forum
Focus Estate Fund has finalized the purchase of the Galeria Sandecja shopping centre in Nowy Sącz, Poland. With a total area (GLA) of 17,650 sqm, this is the seventh investment for the fund in the Polish retail sector. The seller of the property, TK Development was represented by Colliers International, while the buy side was backed by Czabański & Gałuszyński, Gleeds and KKLW. The price has not been disclosed. 
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Latest news


New leases

  • Hexing Technologies Europe has leased 8,000 sqm for a new production plant in Globalworth Timisoara Industrial Park I. The lease deal was brokered by CBRE.
  • Eolus Poland, a renewable energy developer from Sweden, will become one of the tenants of LIFE Building. It will soon occupy nearly 300 sqm of the office building located in Warsaw's Wola district.
  • Polcast Media group, the owner of Polonia 1 TV, has signed a lease for approximately 500 sqm of office space at Trinity One in Warsaw. Located in Warsaw's Służewiec district, Trinity One is part of Revetas Capital's portfolio.

New appointments

  • Avison Young has named Adrian Crizbășianu, former executive at DB Schenker and VGP, as the new Head of Industrial & Logistics Agency. He has an extensive background in logistics and real estate spanning over 25 years.
  • Katarzyna Uzar joins the Valuation and Advisory team at Avison Young in Poland to take on the position of Assistant Valuer. She will support the team in creating offers and letters of appointment for valuation and will help property valuers throughout the valuation process.
  • Bartosz Chrostowski, an expert with almost 10 years of experience in commercial property, has joined real estate advisory firm Savills as an Associate Director of the landlord representation team of the office agency led by Daniel Czarnecki.

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