ARTICLES LABELLED WITH TAG retail park

News Czech commercial real estate investment market stagnates
12
Jan
2023

Czech commercial real estate investment market stagnates

by Property Forum
The commercial real estate investment market in the Czech Republic is stagnating. Analysts see the year 2023 as a challenging year. However, the market was dominated by domestic capital last year and there is still a mismatch in the expectations of buyers and sellers, according to a Knight Frank report.
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News Czech retail market welcomes 38 new brands in one year
04
Jan
2023

Czech retail market welcomes 38 new brands in one year

by Property Forum
The Czech retail market once again proved its appeal to retail brands, with 38 new arrivals last year. That is the same figure as in 2021 when the influx of 38 new brands was partly the result of the postponement of some entries due to the pandemic. These numbers represent a roughly 50% increase compared to 2019 (22 brands) and 2020 (25 brands), according to the Cushman & Wakefield analysis of the Czech retail market in 2022.
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News HSF System SK completes two shopping centres in Slovakia
22
Dec
2022

HSF System SK completes two shopping centres in Slovakia

by Property Forum
Slovak construction company HSF System SK has completed the general delivery of two more shopping centres in Slovakia. In Kysucke Nové Mesto, which is located in the Žilina region, the shopping gallery Obchodná galéria Naša was opened to the public. In Košice, a new SIKO shopping centre was built.
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News Stop Shop marks 20-year presence in Hungary
16
Dec
2022

Stop Shop marks 20-year presence in Hungary

by Property Forum
The first Stop Shop retail park was opened in Budapest in 2002, followed by several shopping centres in the capital and the countryside. Today the portfolio has expanded to 14 locations nationwide offering 137,000 sqm retail space. 
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News Polish retail parks remain a hot investment commodity
13
Dec
2022

Polish retail parks remain a hot investment commodity

by Property Forum
The retail property investment market sector in Poland is thriving, thanks to the stable growth of retail parks (above 5,000 sqm GLA) and convenience retail (retail parks under 5,000 sqm GLA) schemes. Since 2016, 160 assets of this type have been finalized, says Avison Young Poland.
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News Iulius opens its second retail park in Iași
08
Dec
2022

Iulius opens its second retail park in Iași

by Property Forum
Iulius Company opened the second Family Market project in the Bucium neighbourhood of Iași. The convenience retail project caters to necessary everyday services and products in the residential area in the residential area which has seen steady development in recent years. A McDonald’s Drive Thru, Auchan supermarket, Sinsay, and another 23 local and national entrepreneurs provide a customised mix of products and services resulting from community consulting.
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News ZDR Investments invests again in Austrian retail asset
08
Nov
2022

ZDR Investments invests again in Austrian retail asset

by Property Forum
Czech real estate funds are attracted to invest abroad, and not only in Poland. ZDR Investments is now heading to Austria to acquire a retail park in Voitsberg, Austria, for the second time. It is now investing €12.3 million. In total, the group has already invested six times in Austria, writes E15.cz.
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News Retail parks segment in Poland proves to be stable
02
Nov
2022

Retail parks segment in Poland proves to be stable

by Property Forum
Trei Real Estate and Jones Lang LaSalle Poland jointly published a new market report on retail parks and convenience centres in Poland. Here are the key findings: Within the retail sector as a whole, investors focus primarily on retail parks, convenience centres, DIY stores and food markets. Prime yields for high-end retail parks have maintained a stable level between 6.5 and 6.75%. The Polish retail investment market saw five banner years of very strong investment volumes between 2015 and 2019, each achieving a transaction total of €2.0 billion to 2.5 billion. The year-end volumes of 2020 and 2021 were significantly lower at c. €750 million and €1.0 billion, respectively. By contrast, investments in 2022 already stood at c. €760 million by mid-year. Accordingly, Trei and JLL Poland feel optimistic about 2022 as a whole.
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News LCP Group to build retail park in Rawa Mazowiecka
14
Oct
2022

LCP Group to build retail park in Rawa Mazowiecka

by Property Forum
LCP Group has received a building permit for another retail park in Rawa Mazowiecka. This is the second project of this type of there owned by the company.
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News Planned retail parks in Romania exceed 500,000 sqm
26
Sep
2022

Planned retail parks in Romania exceed 500,000 sqm

by Property Forum
The total stock of retail park spaces in Romania will exceed the supply of commercial spaces located in shopping malls if the current investment activity continues, according to a report by real estate consultancy Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance. 
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Latest news


New leases

  • Woolworth Polska has leased almost 1,000 sqm of space in DL Shopping Park Mikołów, a retail park under construction in the Silesian voivodship.
  • A Reserved store has been reopened in Gemini Park Tarnów. The outlet has gained a new location in the facility and now occupies an area 300 sqm larger.
  • Another new building within the Dekada Grójec retail park has been opened in Grójec. The new part included a Douglas perfumery, which occupied around 200 sqm.

New appointments

  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.
  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).

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