ARTICLES LABELLED WITH TAG retail

News NEPI Rockcastle net operating income hits record in 2022
22
Feb
2023

NEPI Rockcastle net operating income hits record in 2022

by Property Forum
NEPI Rockcastle, the biggest owner and developer of shopping centres in CEE by market value, said its net operating income soared by 17% to a record of €405 million compared to 2021 over strong tenant turnover and base rental growth.
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News Food court to be refurbished at Westend in Budapest
21
Feb
2023

Food court to be refurbished at Westend in Budapest

by Property Forum
Apart from remodelling the food court, a 10% extension is planned in this centrally located retail complex. This is the biggest change in the life of Westend shopping centre, managed by Granit Polus. The company has not disclosed the size of the investment.
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News Poland's retail market  is slowly moving forward
17
Feb
2023

Poland's retail market is slowly moving forward

by Property Forum
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in Ukraine.
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News What trends are shaping Romania’s retail industry in 2023?
17
Feb
2023

What trends are shaping Romania’s retail industry in 2023?

by Property Forum
With 17 new brands entering the Romanian market in 2022 and the opening of 11 new retail parks, the total stock of retail projects came close to 4.1 million sqm. On this backdrop, new opportunities appear in the market for developers as the available commercial spaces are mostly rented and the vacancy rate is 3% in malls and even lower in retail parks, according to CBRE.
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News Kaufland Marketplace enters the Slovak market
14
Feb
2023

Kaufland Marketplace enters the Slovak market

by Property Forum
The Kaufland Marketplace will go live in Slovakia on February 15. Under the domain Kaufland.sk, online sellers will then have another sales channel than Germany available to them. The Kaufland Marketplace will also be launched in the Czech Republic in a few months. The marketplaces will be managed via the all-in-one solution Kaufland Global Marketplace, the company announced.
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News LCP Properties expands its portoflio in Poland
14
Feb
2023

LCP Properties expands its portoflio in Poland

by Property Forum
LCP Properties has finalised the purchase of two retail projects to be built in Łochów and Iława, as well as an existing retail park in Ząbkowice Śląskie.
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News Greenman Poland appoints Barbara Wojdełko as CEO
14
Feb
2023

Greenman Poland appoints Barbara Wojdełko as CEO

by Property Forum
Greenman Poland, asset manager and developer of retail assets formerly known as Newbridge Poland, has announced the appointment of Barbara Wojdełko as its CEO following Greenman Group’s acquisition of the business.
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News Polish outlet centre ranks high among Europe's most successful
09
Feb
2023

Polish outlet centre ranks high among Europe's most successful

by Property Forum
The most successful outlet centres in Europe have a new leader. Cheshire Oaks, located south of Liverpool in the industrial town of Ellesmere Port, is the second English centre to top the list of the most successful outlet centres in Europe. Until now, this rank in England was reserved for Bicester Village, which is located near the university city of Oxford as well as the tourist attraction Stonehenge. This is a result of the "Outlet Centre Performance Report Europe" (OCPRE), which has been updated annually since 2008 and whose latest edition has just been published. The third place has been taken by Designer Outlet Warsaw in Piaseczno near the Polish capital.
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News Fashion House to expand outlet in eastern Bucharest
08
Feb
2023

Fashion House to expand outlet in eastern Bucharest

by Property Forum
Fashion House Group will start in the second quarter of this year the construction of the second phase of Fashion House Outlet Centre Pallady, which is located in the eastern part of Bucharest. 
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News Victoria's Secret enters the Czech market
06
Feb
2023

Victoria's Secret enters the Czech market

by Property Forum
Victoria's Secret's first "real" Czech store - so far an outlet has only operated at Prague's airport - is to open in Prague’s Westfield Chodov shopping centre in May this year, Cushman & Wakefield announced.
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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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