ARTICLES LABELLED WITH TAG retail

News Tesco and Carrefour to create long-term strategic alliance
09
Jul
2018

Tesco and Carrefour to create long-term strategic alliance

by Property Forum
Tesco and Carrefour have announced their intention to enter into a long-term, strategic alliance. The alliance will cover the strategic relationship with global suppliers, the joint purchasing of own brand products and goods not for resale. It will be governed by a three-year operational framework.
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News Profi expands warehouse capacity at Logicor Ploieşti
04
Jul
2018

Profi expands warehouse capacity at Logicor Ploieşti

by Property Forum
The expansion of Romanian retailer Profi Rom Food SRL site in Ploieşti, Romania is at an advanced stage. The extension construction project is due to complete by September 2018.
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News New retail formats gain popularity in Poland
04
Jul
2018

New retail formats gain popularity in Poland

by Property Forum
Shopping centres remain the dominant retail format on the Polish market. Poland now has more than 420 shopping centres that provide 10.5 million sqm, accounting for 73% of the country’s total retail stock. Retail experts at Cresa Poland analysed the Polish retail market
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News NEPI Rockcastle buys shopping centre in Slovakia
02
Jul
2018

NEPI Rockcastle buys shopping centre in Slovakia

by Property Forum
NEPI Rockcastle announced that, through its subsidiary NRP Shopping Centre Project Two s.r.o., it has signed a binding agreement to acquire 100% of the shares in MLYNY, a.s., being the owner of Galeria Mlyny shopping centre in the city of Nitra in Slovakia from a group of local investors. The aggregate purchase price for Galeria Mlyny was €121.8 million.
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News AFI Europe Romania buys €23 million land plot in Bucharest
02
Jul
2018

AFI Europe Romania buys €23 million land plot in Bucharest

by Property Forum
AFI Europe Romania finalised the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 sqm, in a transaction worth €23 million.
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News CPI Property Group disposes of five Czech retail assets
22
Jun
2018

CPI Property Group disposes of five Czech retail assets

by Property Forum
CPI Property Group announced the disposal of five small retail properties located in regional cities of northern Czech Republic, totalling approximately 25,700 sqm.
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News Czech shopping centres are getting revitalised
19
Jun
2018

Czech shopping centres are getting revitalised

by Property Forum
19 % of all existing shopping centres in the Czech Republic have been refurbished to date. Further revitalizations are yet to be completed, according to Cushman & Wakefield.
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News Nova Imobiliare to spend €30 million on Bucharest mall
10
Jun
2018

Nova Imobiliare to spend €30 million on Bucharest mall

by Property Forum
Nova Imobiliare announced the €30 million expansion of Colosseum Mall, in the north-western area of Bucharest. Construction is scheduled to start later this year and the inauguration will take place in the first half of 2019.
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News EPP to buy Poznań shopping centre for €91 million
10
Jun
2018

EPP to buy Poznań shopping centre for €91 million

by Property Forum
EPP has announced the acquisition of the King Cross Marcelin Shopping centre for €91.1 million. This marks the group’s first entry into Poznan, adding to the group’s portfolio of eighteen retail projects. The property is being purchased through its wholly-owned Polish subsidiary, EPP Development 7 SP.z.o.o from Poznań onkil S.A. which holds its legal title to the property. The initial yield of the acquisition is 7.30%.
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News NEPI Rockcastle buys malls in Poland and Lithuania
04
Jun
2018

NEPI Rockcastle buys malls in Poland and Lithuania

by Property Forum
NEPI Rockcastle, through its subsidiaries, has acquired Aura shopping centre in Olsztyn, Poland for €64.9 million and Ozas shopping centre in Vilnius, Lithuania for €124.6 million.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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