ARTICLES LABELLED WITH TAG retail

20
Jan
2020

CPI rolls out new retail park brand in Hungary

by Property Forum
CPI Hungary has rolled out a new brand for its Hungarian retail park. Buy-Way Soroksár and Buy-Way Dunakeszi will now operate under the City Market brand.
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20
Jan
2020

M7 Real Estate sells three Polish assets

by Property Forum
M7 Real Estate has sold three assets in Poland, on behalf of an M7 vehicle, PVBRI. Two office buildings in Poznan has been sold to local investors, while a shopping centre located in Zgorzelec has been acquired by DL Invest Group.
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20
Jan
2020

Ikea plans car-free store in Vienna

by Property Forum
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.
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20
Jan
2020

Alpha Bank sells plot of land in Timișoara

by Property Forum
Alpha Bank Romania has sold a 60,000 sqm plot of land in Timișoara to German retail chain Lidl and two other investors. The Romanian bank previously planned to develop a shopping centre there, Ziarul Financiar reported.
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17
Jan
2020

Poland's retail market moves towards new formats

by Property Forum
Poland's retail market is seeing a slowdown in the pace of shopping centre construction, the growing popularity of the convenience segment and mixed-use projects, as well as further synergy of traditional shopping and technology, according to JLL’s market summary for 2019.
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16
Jan
2020

NEPI Rockcastle plans to extend Budapest shopping centre

by Property Forum
The area of Budapest’s Arena Mall could grow from its current 42,000 sqm to 60,000 sqm, following the property manager’s application for an extension last December, local daily HVG reports. If the plans are realised, Arena Mall will become the largest shopping centre in Hungary.
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15
Jan
2020

Hungary’s countryside retail market is booming

by Property Forum
Cushman & Wakefield contributed to the leasing of over 6,600 sqm prime retail warehouse area, and to the sales of 7,000 sqm countryside retail area in Q4 2019. 
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13
Jan
2020

BIG CEE buys Belgrade’s largest retail park

by Property Forum
Britain’s Poseidon Group and Belgium’s Mitiska REIM has sold Capitol Park Rakovica, the largest retail park in Belgrade, to Israel’s BIG CEE Group. The transaction closed in December 2019. CMS Belgrade advised the sellers.
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04
Jan
2020

Supernova buys 10 shopping centres in Slovenia

by Property Forum
Graz-based Supernova Group is continuing its expansion in Slovenia by buying ten shopping centres of Centrice Real Estate GmbH (a company of the American Lone Star fund). The latter had taken over the properties in 2016 from the Austrian company, Heta, the liquidation company of Hypo Alpe Adria within the framework of a major overall transaction. This Qlandia package was the centrepiece of the portfolio and incorporates market-leading shopping centres in several Slovenian regions.
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20
Dec
2019

Romanian retailer Profi expands through acquisition

by Property Forum
Romanian retailer Profi’s network is expanding rapidly, inaugurating new stores while also taking over already-existing networks. The most recent development involves acquiring 18 supermarkets in Prahova and Dambovita counties from local peer Pram Maya. This transaction was already approved by the Competition Council. CBRE assisted Maya in the transaction process.
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