ARTICLES LABELLED WITH TAG retail

03
Apr
2020

Chinese trends help outline potential recovery paths for Romania

by Property Forum
The business environment in China was the first hit by the COVID-19 epidemic, but the fast decrease of new cases in the past weeks brings hope for recovery in the second half of the year, with a positive impact on the real estate market as well. Based on China’s evolution, a similar outcome could be expected in Romania too, mainly driven by e-commerce, after the outbreak peak is surpassed and the number of new cases drops. Moreover, the current situation can bring growth opportunities for certain industries including segments of the real estate market, according to Colliers International.
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03
Apr
2020

C&W: Core CEE countries under lockdown

by Property Forum
As the global pandemic progresses across borders and within countries, Cushman & Wakefield’s EMEA market research experts shared what they are seeing on the ground in their countries.
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03
Apr
2020

NEPI Rockcastle withdraws earnings guidance for 2020

by Property Forum
Subsequent to NEPI Rockcastle’s previous updates concerning the impact of the COVID-19 on its operations, there have been significant developments around the COVID-19 situation. As governments, national authorities and companies continue to implement rigorous measures, there is a high degree of uncertainty about the impact of this on the Group’s operations. As a result, NEPI Rockcastle withdraws its earnings guidance for 2020 and expects to provide an update when the Group will be in a position to estimate the effects of the current situation reliably.
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02
Apr
2020

Poland’s Q1 2020 investment volume exceeds €2.4 billion

by Property Forum
Throughout the first quarter of 2020, the total transaction volume on the commercial real estate market in Poland exceeded €2.4 billion, according to preliminary results by Avison Young. This volume is almost three times as high as compared to the corresponding period of 2019, however, in line with Avison Young forecasts from December last year. Robust investment activity has been mainly noted in the industrial and office sectors. Asian investors dominated investment volume in terms of capital origin, with a particular focus on the industrial sector. At the same time, a growing investment activity of CEE investors is continuously observed, especially on the office market.
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02
Apr
2020

Restrictions on shopping affect over 9,000 stores in Romania

by Property Forum
The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from shopping centres affects more than 9,000 stores and each day when they are closed equals €15-20 million lost income, according to Cushman and Wakefield Echinox.
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01
Apr
2020

New deals are off the table for now - Summary of our first online panel

by Property Forum
The first online panel of Property Forum took place yesterday, where six experts discussed the effects of the coronavirus outbreak on the real estate market in CEE. Our panelists discussed who could be the biggest winners and losers of the current situation, what to expect in the logistics and retail markets and how the current spread of remote working may affect the office market and coworking operators. They also explained the possible impact of the coronavirus crisis on investments and ongoing and planned developments.
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01
Apr
2020

Retail chain leases 35,000 sqm from Panattoni in Silesia

by Property Forum
Panattoni has leased out 35,000 sqm at Panattoni Park Gliwice III. As a result, another Panattoni distribution centre is now fully commercialised. The tenant will move into the park before the end of April and will use it for e-commerce order fulfilment.
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31
Mar
2020

Can the current lockdown change shopping habits in the long run?

by Ákos Budai
Retail is among the real estate sectors most affected by the COVID-19 crisis. As most stores have been ordered to close across Europe, retail landlords face an unprecedented challenge. Duarte Cabral, Deputy Managing Director EMEA at Sonae Sierra shared with us his initial impressions on this rapidly evolving situation.
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30
Mar
2020

Liebrecht & wooD develops outlet centre near Bucharest

by Property Forum
Belgian real estate developer Liebrecht & wooD, continues the development of its second outlet centre on the Romanian market, in Cernica, near Bucharest, despite the effects of the COVID-19 pandemic, zf.ro reports.
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26
Mar
2020

Colliers: CEE logistics are going ballistic

by Property Forum
Colliers International in CEE intends to update some of the more rapidly changing data and market sentiment on a weekly basis and then to provide Q1 market sector updates as they become available or as they develop. Below is this week’s summary.
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