ARTICLES LABELLED WITH TAG retail park

News Trei Real Estate plans further expansion in CEE despite tightening financing conditions
18
Jan
2021

Trei Real Estate plans further expansion in CEE despite tightening financing conditions

by Ákos Budai
For Germany-based real estate investor and developer Trei Real Estate, 2020 was a successful year thanks to the fact its portfolio mostly includes assets that were hardly affected by the pandemic. Pepijn Morshuis, CEO of Trei Real Estate talked to Property Forum about the experiences gained during 2020, changing financing conditions and the company’s plans for 2021.
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News Fidurock opens new retail park in Czech city
21
Dec
2020

Fidurock opens new retail park in Czech city

by Property Forum
Dutch-Czech real estate investment company Fidurock has opened a new retail park Choceň in the Pardubice Region of the Czech Republic. The retail park comprises 10 units with Penny Market as the main tenant, occupying an area of ​​1,300 sqm. Other tenants include Pepco, KiK, Okay elektro, Rossmann, ZZN, a pharmacy and others.
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News Immofinanz acquires eight retail parks in CEE
18
Dec
2020

Immofinanz acquires eight retail parks in CEE

by Property Forum
Immofinanz is continuing the expansion of its Stop Shop retail park brand, as announced, and has added eight locations to the portfolio shortly before the end of the year. Six fully rented retail parks in Serbia and the Czech Republic with roughly 43,000 sqm were purchased from Mitiska REIM, a Belgian investor specialised in these types of commercial properties. In addition, Immofinanz closed the purchase of a fully rented retail park (approx. 5,500 sqm) in Voitsberg, Austria, during the fourth quarter of 2020. The portfolio in Croatia will be increased by one property in the city of Ludbreg.
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News Fidurock to build new retail park in Slovakia
15
Dec
2020

Fidurock to build new retail park in Slovakia

by Property Forum
Dutch-Czech real estate investment company Fidurock has obtained a zoning decision for the construction of a new retail park in Piešťany, Western Slovakia. The company acquired the land plot back in July 2018.
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News LCP Properties acquires retail park in Siedlce
23
Nov
2020

LCP Properties acquires retail park in Siedlce

by Property Forum
The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to British investor LCP Properties. The seller was represented by Avison Young investment team throughout the transaction.
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News Bucharest’s Expo Market Doraly completes extension
23
Nov
2020

Bucharest’s Expo Market Doraly completes extension

by Property Forum
Expo Market Doraly, one of Romania’s largest shopping parks specialized in home items and food products, has inaugurated a new building with an area of 9,200 sqm, following a €6 million investment.
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News Supernova acquires shopping centre in Pitești
20
Nov
2020

Supernova acquires shopping centre in Pitești

by Property Forum
Austrian retail investor Supernova has acquired the Jupiter City shopping centre in the Romanian city of Pitești from local company Mall Retail Rom, owned by Israeli concern Jupiter Group. The value of the transaction hasn't been disclosed, but the transaction was said to be "distressed" with a price estimated to be below €20 million.
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News Fashion House opens third phase of Bucharest outlet centre
16
Nov
2020

Fashion House opens third phase of Bucharest outlet centre

by Property Forum
Fashion outlet developer, Fashion House Group has announced the opening of the third phase of Fashion House Outlet Centre Militari in Bucharest.
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News Mitiska REIM secures €33 million loan for Romanian retail parks
03
Nov
2020

Mitiska REIM secures €33 million loan for Romanian retail parks

by Property Forum
Mitiska REIM has secured a €33 million senior debt facility with Erste Group Bank AG for four Romanian retail parks, representing a combined gross leasable area (GLA) of 30,500 sqm.
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News Local fund buys retail park in Southern Hungary
29
Oct
2020

Local fund buys retail park in Southern Hungary

by Property Forum
A Hungarian real estate fund, advised by VLK Cresa, has acquired the Target Center retail park in Kecskemét, Southern Hungary. The name of the seller and buyer or the purchase price has not been disclosed.
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Latest news


New leases

  • Online documentation and efficiency solutions company Craft Docs secured a 1,000 sqm of office space in the renewed Krausz Palace office complex in downtown Budapest. The company will move in August 2023. The startup has become the first tenant of the building, Jake Lodge, principal of Avision Young Hungary responsible for the leasing and operative management of the building said.
  • A new tenant has moved into the Eximius Park office complex near Kraków. GoE Wellness is a British healthy lifestyle start-up that is expanding its operations in Europe. The company's new office has an area of approximately 900 sqm and is located in building 200.
  • Galeria Jurajska is strengthening its offer. Three new tenants - fashion brands Quiosque and Lovisa and patisserie Lody Czewskie - will soon appear in the Częstochowa shopping centre.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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