ARTICLES LABELLED WITH TAG retail

Traditional shopping centres and retail parks continue to attract visitors and remain popular destinations for shopping, socialising and entertainment. They are valued for their modern facilities, strong offerings and appealing promotions. But do customers prefer retail parks for grocery shopping? Where do they tend to purchase clothing or cosmetics? What is the demographic profile of shoppers? To answer these and many other questions, global real estate services firm Cushman & Wakefield has conducted a survey, the findings of which are presented in its latest report. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal. 

Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.  

Slate Asset Management has disposed of a three-asset OBI retail store portfolio in Slovakia. The buyer is the Lindner Group from Germany. The seller has used the advisory service of Savills.

EPG Group has opened a new arcade in the Varyáda shopping center in the Karlovy Vary region. The center is expanding with 17 new retail units, an information booth and a relaxation zone for customers. 

Echo Investment has secured refinancing worth €61.4 million for the Libero Katowice shopping center. The loan was granted by a consortium consisting of Bank Pekao S.A. and PKO Bank Polski S.A. The entire retail space at Libero is leased – the center features over 150 stores and service outlets.

CPI Europe reported a net profit of €133.5 million during 2024, a significant turnaround from the previous year's loss of €229.5 million.The shift is attributed to stable valuations, with revaluations turning positive at €12.6 million, compared to a loss of €376.8 million in the prior year. 

Anna Kaminska, Member of the Board of PSB Handel Group, has talked with Property Forum about the process of construction materials in Poland, the rising popularity of modular construction and the demand for ‘green’ products.

BIG Poland has announced the acquisition of Power Park Olsztyn, a shopping centre located in the southern part of Olsztyn (northern Poland). The seller was EPP. The value of the transaction has not been revealed.

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria.