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. 

Fulga Dinu, Country Manager of CPI Romania, talked to Property Forum about the investments and new leasing deals across the group’s 590,000 sqm office and retail portfolio in the local market and CPI’s ultra personalized approach in relation to its tenants.

Sixteen brands entered the Czech retail market in the first six months of this year, fashion and gastronomy being the most common segments, according to the report by Cushman & Wakefield.

Develia has finalised the sale of the Arkady Wrocławskie property in Wrocław to Vastint Poland, part of an international real estate group focused on commercial projects. The transaction value is €42.967 million (approx. PLN 182 million).

Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

Rădăcini Estate, the real estate division of Rădăcini Grup, is set to develop a modern retail park in the Chitila area. This project, a partnership with general contractor ImoSteel, represents an investment of nearly €8 million.