ARTICLES LABELLED WITH TAG retail park

News Poland’s retail market continues to grow despite COVID-19
12
Oct
2020

Poland’s retail market continues to grow despite COVID-19

by Property Forum
Trei Real Estate GmbH and JLL jointly published a new market report on retail parks and convenience centres in Poland, according to which the segment has followed an upward trend for years, and not even the coronavirus pandemic has impacted its performance. One of the reasons for this is that the stores located here often stock food and everyday products. Moreover, the retail units generally have their own entrances and are directly accessible from the parking lot. Shoppers appreciate this aspect because it makes it easier for them to minimise exposure.
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News Trei Real Estate opens new retail park in Silesia
01
Oct
2020

Trei Real Estate opens new retail park in Silesia

by Property Forum
Trei Real Estate GmbH is about to open its 19th retail park under the Vendo Park brand in Poland. The retail property is located in Czestochowa in the Silesian Voivodeship in southern Poland. With a population of around 230,000 residents, it is the second-largest city in Silesia. It lies a car ride of roughly three hours south-west of Warsaw on the River Warta. The new Vendo Park, one of the largest retail parks in Trei’s portfolio, has a lettable area of around 8,200 square metres and a tenant base of 13 retailers. The amount that Trei invested in the asset approximates €11.9 million.
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News Scallier’s retail parks in Romania to be certified under BREEAM
17
Sep
2020

Scallier’s retail parks in Romania to be certified under BREEAM

by Property Forum
Polish company Scallier, which is developing a chain of retail parks in Romania under the brand name Funshop Park, has decided to choose BREEAM as the certification system for newly built schemes. Gleeds, one of the world’s largest companies operating in the construction consultancy market, is responsible for the certification process as well as project and cost management services. By 2022, Scallier plans to deliver 6 assets under the Funshop Park brand, which will offer a total of 40,000 sqm of modern retail space (GLA). Further projects are in the preparatory stage.
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News Retail parks drive Poland’s retail supply growth
10
Sep
2020

Retail parks drive Poland’s retail supply growth

by Property Forum
Retail parks have been the biggest beneficiaries of the structural retail changes in Poland over the last ten years. Their number has doubled and increased their share in total retail stock by 4 pps. In H1 2020, developers completed nearly 148,000 sqm of modern retail space in large scale projects (GLA>5,000 sqm). Of this new supply, 67% was delivered in the shape of eight new retail parks and three extensions of existing schemes. Almost 450,000 sqm of GLA is still under construction with initial completion dates set for 2020 and 2021. Retail parks account for nearly 26% of this volume. JLL and Trei Real Estate Poland summarised the situation regarding these projects at the end of H1 2020, and outlined the development prospects for this commercial real estate sector in Poland.
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News Czech developer opens new retail park in Romania
27
Aug
2020

Czech developer opens new retail park in Romania

by Property Forum
Czech real estate developer RC Europe has opened its third retail park in Romania, following an investment of €9 million. The retail park, operating under the Nest brand, is located in Oradea, occupying approximately 6.500 sqm GLA. Construction works on the project started in October 2019.
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News Polish company to develop retail park network in Romania
27
Aug
2020

Polish company to develop retail park network in Romania

by Property Forum
Polish company Scallier is developing a new chain of retail parks in small and medium-sized Romanian cities under the Funshop Park brand. By 2022, 6 facilities with a total leasable area of ​​40,000 sqm will be completed. Work is currently underway to prepare further investments. Scallier, based in Poznań, has been operating on the Polish market for nearly a decade and specializes in investment management in the sector of small and medium-sized commercial facilities.
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News Trei Real Estate opens new retail park near Bydgoszcz
21
Aug
2020

Trei Real Estate opens new retail park near Bydgoszcz

by Property Forum
Trei Real Estate GmbH has opened its 18th retail park under the Vendo Park brand in Poland. The retail property is located in Solec Kujawski in the Kuyavian-Pomeranian voivodship. The town of around 16,000 residents is located a two-hour drive south of Gdansk. The new Vendo Park provides a lettable area of around 3,000 square metres and 97 parking spots. The property is almost fully occupied. Its tenants include KiK, Sinsay, Martes Sport, RTV Euro AGD and Hebe, among others. Overall, Trei invested c. €3.8 million here.
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News Poland's retail parks perform well post-lockdown
23
Jul
2020

Poland's retail parks perform well post-lockdown

by Property Forum
According to data from the Polish Council of Shopping Centers, footfall in shopping malls range from 62 to 73% when compared to last year’s numbers. The pandemic has changed the habits of Poles who are planning their shopping in a more thoughtful, cautious and safe way. In the new reality, small-format shops located close to home are attracting more visitors. By the end of May and after negotiations between owners and tenants had been completed, almost all shops in retail parks were operating. Some of these shops are now recording a turnover of 160% of pre-lockdown levels.
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News Iulius to launch new retail concept
16
Jul
2020

Iulius to launch new retail concept

by Property Forum
20 years after opening its first shopping mall in Iași, Iulius is launching a new retail concept. Family Market is a concept that addresses the expectations and needs of people living in expanding residential areas. The first project of this type is proposed for Miroslava commune in Iași County and entails an investment upwards of €6 million.
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News Supernova Group opens new retail park in Croatia
18
Jun
2020

Supernova Group opens new retail park in Croatia

by Property Forum
Supernova Group has opened its fifteenth shopping centre in Croatia in the town of Požega, following an investment of €16 million. The 11,000 sqm retail park includes 16 stores and a restaurant.
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Latest news


New leases

  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.
  • Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.

New appointments

  • From the beginning of December at BNP Paribas Real Estate Poland, Małgorzata Fibakiewicz will head the Office Department and Justyna Magrzyk-Flemming will take up the position of Head of Business Services.
  • Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio. 
  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.


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