Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.

Scallier has secured exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction is scheduled to begin between late 2025 and early 2026, with openings planned for the first half of 2027. The projects will offer a combined leasable area of over 40,000 sqm.

PKB Inwest Budowa is moving forward with the construction and leasing of a new retail park in Zawiercie, Silesia. The project, covering 16,000 sqm, is set for completion by the end of Q1 2026. Located on Wojska Polskiego Street, the development aims to serve residents of Zawiercie and surrounding towns, with a total catchment area of approximately 250,000 people within a 30-minute drive.

Construction has started on Andersa Retail Park in Gliwice, located at the intersection of Andersa and Okulickiego streets. The two-storey retail park will offer over 4,900 sqm of space and is already mostly leased. Confirmed tenants include Sinsay, Żabka, Rossmann, Fabryka Formy, and Kaufland as the grocery anchor. The complex will also feature a fitness club operated by a nationwide chain. Customers will have access to a shared parking lot with 278 spaces, and the surrounding area is further supported by nearby Lidl and Biedronka stores.

Redkom Development is commercialising a new retail park in Białystok. The scheme will provide approximately 14,000 sqm of leasable area and host around 25 retail and service units. A key anchor tenant will be Biedronka, whose 1,200 sqm supermarket is expected to attract strong daily footfall.

Yitzhak Hagag, Co-Founder and Chairman of Hagag Development Europe, talked to Property Forum about the company's investment pipeline north of €360 million and its ongoing developments in luxury retail, offices, residential and mixed-use projects.

The historic market hall (Hala Targowa) in Gdańsk, built at the end of the 19th century, is undergoing a major revitalisation led by Apsys, a company known for transforming historic urban spaces into vibrant, multifunctional destinations. The €32 million (PLN 141 million) investment aims to turn the hall into a dynamic culinary and cultural hub, seamlessly blending modern functions with respect for its historical fabric.

BIG Poland has acquired OTO Park Koszalin, its 10th retail park in the country, further strengthening its position in the Polish retail market. In just over two and a half years, BIG Poland has built a portfolio of 10 fully commercialised retail parks with a total leasing area of nearly 200,000 sqm. Including three ongoing development projects, the company’s portfolio now covers 13 locations, creating a solid foundation for continued dynamic growth.

NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation.