ARTICLES LABELLED WITH TAG retail

News One United Properties Q1 2022 turnover up 81%
16
May
2022

One United Properties Q1 2022 turnover up 81%

by Property Forum
Romanian developer One United Properties said its first quarter turnover gained 81% to €70.5 million compared to Q1 2021, while its gross profit rose almost fourfold to €42 million over higher residential sales and rental income. 
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News Karuzela Puławy retail centre opens
11
May
2022

Karuzela Puławy retail centre opens

by Property Forum
Belgian real estate fund manager Mitiska REIM and Polish developer Karuzela Holding have opened a retail park in Puławy following the conversion of a former Tesco hypermarket on the site.
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News Bratislava market records substantial take-up in Q1 2021
09
May
2022

Bratislava market records substantial take-up in Q1 2021

by Property Forum
The beginning of the year was marked by the Russian invasion of Ukraine which caused various obstacles to the Slovak economy. It pushes inflation up to the highest in 17 years as also the prices of food, housing and energy. Nevertheless, the lifted lockdown measures helped boost retail sales and new office leases surpassed renegotiations for the sixth quarter in a row. Experts also saw a record quarter with substantial take-up and plunging vacancy rates, Cushman & Wakefield Slovakia presents in their new report on the Slovak economy.
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News Scallier's Romanian portfolio to reach 11 retail parks
09
May
2022

Scallier's Romanian portfolio to reach 11 retail parks

by Property Forum
Polish developer Scallier will open new retail parks with a combined surface of more than 40,000 sqm in Timișoara, Turda and Vaslui throughout 2022, after completing its first two projects in the country.
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News BNP: Discount store chains in Poland are on the rise
06
May
2022

BNP: Discount store chains in Poland are on the rise

by Property Forum
Between the pandemic, the war, rising prices and increasingly frequent warnings of recession — these are the conditions in which the retail sector operated in the first quarter of 2022. The authors of the cyclical report from BNP Paribas Real Estate Poland point out, among others: continued strengthening of the position of discount store chains and growing interest in facilities with a high potential for modernization, expansion and repositioning.
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News CPI Hungary brings all PM activities in-house
06
May
2022

CPI Hungary brings all PM activities in-house

by Property Forum
From now on property management, renting and legal services at CPI Hungary are performed by the employees of the company in all retail portfolios.
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News Poland's retail market responds quickly to consumer needs
05
May
2022

Poland's retail market responds quickly to consumer needs

by Property Forum
The beginning of 2022 has brought changes to the local and global economic picture, which have also affected the behaviour of Polish consumers and Poland’s retail market. This has resulted in a further increase in the popularity of necessities and the continued popularity of convenience centres. However, retail growth is recorded by all formats including shopping centres, which augurs well for the rest of the year, reports the latest JLL report Retail Market in Poland – Q1 2022.
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News Hungarian market players expect tightening financing conditions
03
May
2022

Hungarian market players expect tightening financing conditions

by Property Forum
Geopolitical tensions hurt demand for commercial property, appetite for property development, financing conditions and property investment decisions over the short run, the Hungarian National Bank (MNB) reports.
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News Primark to open store in AFI Cotroceni
02
May
2022

Primark to open store in AFI Cotroceni

by Property Forum
Irish fashion retailer Primark will open a new store in AFI Cotroceni, the shopping mall owned by AFI Europe in Bucharest. 
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News Mitiska REIM repurposes Tesco hypermarket in Poland into retail park
29
Apr
2022

Mitiska REIM repurposes Tesco hypermarket in Poland into retail park

by Property Forum
Mitiska REIM, the specialist investor in European convenience real estate, has today announced the opening of a new retail park in the city of Puławy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.
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Latest news


New leases

  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.
  • Boeing Distribution Services (BDSI) has leased a 3,000 sqm building in Panattoni Park Rzeszów Airport III in Poland’s ‘Aviation Valley’, in the southeast of the country.

New appointments

  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.
  • Savills has hired Dušan Drábek who joins its industrial agency team with immediate effect. Based in Savills Prague office, the new Associate Director will work alongside the Head of Industrial Agency, Chris LaRue.
  • Real estate consultancy Cushman & Wakefield Echinox has appointed Roxana Nicolae as Workplace Manager. She has 17 years’ worth of experience in Integrated Facilities Management for corporate clients.


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