ARTICLES LABELLED WITH TAG retail park

News Immofinanz to add e-car charging stations to retail parks in Hungary
14
Dec
2021

Immofinanz to add e-car charging stations to retail parks in Hungary

by Property Forum
The Stop Shop retail network operated by Immofinanz will be expanded with another service: 116 high-performance electric charging stations will soon start operating at 14 locations.
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News Small shopping centres and retail parks gain ground in CEE
13
Dec
2021

Small shopping centres and retail parks gain ground in CEE

by Property Forum
Discount retailers are predicted to find the CEE market very attractive as evidence shows shoppers have favoured the ‘value for money’ approach these retailers provide, reveals a new report by Colliers.
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News Scallier gets construction permit for retail park in Turda
08
Dec
2021

Scallier gets construction permit for retail park in Turda

by Property Forum
Property developer Scallier says it has secured a building permit for a new retail park located in Turda. The project will have a leasable area of 9,000 sqm and has already attracted a mix of retailers.
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News Focus Estate Fund sells two Czech retail parks
02
Dec
2021

Focus Estate Fund sells two Czech retail parks

by Property Forum
Focus Estate Fund has finalized the deal on the sale of two of its retail properties in the Czech Republic to investment group DRFG – Centro Ostrava Retail Park (7 699 sqm GLA) in Ostrava and Most Retail Park (6 471 sqm GLA) in Most. The Fund acquired these assets in 2016 and 2017, respectively. As of the date of the transaction, both properties were 100% leased.
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News Trei Real Estate borrows €27.5 million for retail parks in Poland
02
Dec
2021

Trei Real Estate borrows €27.5 million for retail parks in Poland

by Property Forum
Trei Real Estate just borrowed €27.5 million in its first financing arrangement with a Polish bank. The lending bank is “Bank Polska Kasa Opieki Spólka Akcyjna” (“Pekao”). Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months. The loan has a five-year maturity. The debt capital is earmarked for further residential developments and the construction of additional Vendo Parks in Poland.
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News Focus Estate Fund secures €13.5 million loan for Polish expansion
26
Nov
2021

Focus Estate Fund secures €13.5 million loan for Polish expansion

by Property Forum
Focus Estate Fund has signed a loan agreement with BNP Paribas Bank Polska for €13.5 million. The funds will be used to increase the Polish portfolio of FEF, as well as for further improvements at three fund’s properties in Poland. It refers to Eden Retail Park in Zgorzelec (GLA - 9,537 sqm), Galeria Sandomierz in Sandomierz (GLA - 4,383 sqm) and Galeria Awangarda in Bartoszyce (GLA - 6,056 sqm). This is not the first deal with BNP Paribas Bank Polska, the bank has already financed the Fund's assets.
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News LCP Properties buys another three retail parks in Poland
22
Nov
2021

LCP Properties buys another three retail parks in Poland

by Property Forum
The LCP Group has just finalised the purchase of another 3 Polish retail parks in Bytom, Góra Kalwaria and Plewiska near Poznań.
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News Mitiska REIM expands Romanian retail portfolio
16
Nov
2021

Mitiska REIM expands Romanian retail portfolio

by Property Forum
Property developer Mitiska REIM has opened a new retail park in Baia Mare and inaugurated an extension of another retail project in Mediaș. The development activity was carried out in partnership with Square 7 Properties. 
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News 120,000 sqm of retail space under development in Romania
08
Nov
2021

120,000 sqm of retail space under development in Romania

by Property Forum
Around 120,000 sqm in new and extensions of existing retail projects are under development in Romania with delivery estimated by the end of 2022, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Patron Capital and Trei form €140 million JV to build Polish retail parks
04
Nov
2021

Patron Capital and Trei form €140 million JV to build Polish retail parks

by Property Forum
Patron Capital, the pan-European institutional investor focused on property-backed investments, and Trei Real Estate, an international developer and asset holder for residential and retail real estate, have formed a new 75:25 joint venture to develop and hold retail parks in Poland under the Vendo Park brand.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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