ARTICLES LABELLED WITH TAG retail

28
Feb
2019

F&B and leisure operators grow on Poland’s retail market

by Property Forum
Cresa has prepared its latest report “Retail Occupier Economics” on the condition of the Polish retail market with data on retail stock by format and location, planned supply, retail space saturation rates, retail sales growth, new brands on the market and investor interest in the sector.
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21
Feb
2019

Developers to deliver 1.2 million sqm of new space in Romania

by Property Forum
The local real estate market has entered a new year of development on all its major segments, as developers plan to deliver industrial, retail and office spaces with a cumulated area of 1.2 million square meters, a new market record. In comparison, new spaces of around 850,000 square meters were delivered in 2018, according to data from Cushman & Wakefield Echinox.
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21
Feb
2019

Tesco sells Prague department store

by Property Forum
Tesco has sold its department store in central Prague to Amadeus Real. Formerly named Máj, it is currently known as My. The new owner is planning a general reconstruction of the building which is planned to start in H2 2020 and last two years, local media reports.
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14
Feb
2019

The mediocre retail experience is dead

by Ákos Budai
The European retail market is undergoing massive changes as e-commerce grows and consumer habits change. Here are our 10 key takeaways from the annual RICS European Retail conference that was organised in Amsterdam this week.
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14
Feb
2019

C&W becomes PM of multi-purpose Prague building

by Property Forum
Cushman & Wakefield has become the new property manager for Myslbek, the iconic multi-purpose building owned by AEW. As part of Cushman & Wakefield’s international collaboration, its Polish office has become the manager of two major shopping and office centres in Poland, Klif in Gdynia, Klif House of Fashion and Klif Tower in Warsaw from the same owners. Both offices assume their property management duties in February 2019.
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07
Feb
2019

Immofinanz buys remaining 50% of Prague building

by Property Forum
Immofinanz has purchased the remaining 50% of the Na Příkopě 14 building in Prague from Lordship and become the sole owner. The revitalised historic prime high street building, located on the prestigious Prague shopping street in the city centre, is almost 100% occupied. The parties to this transaction have agreed not to disclose the purchase price.
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31
Jan
2019

Retail investors can’t get to the next level without using data

by Ákos Budai
Real estate investors tend to keep doing things in exactly the way as they did in the year before. For a long time this worked out well, but to stay in the race, one must make use of the data available. Bouke-Pieter van Dijk, Director of Retail Atlas Schweiz and one of the speakers of the upcoming RICS European Retail Conference talked to Property Forum about his company.
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31
Jan
2019

AEW enters Hungary with high street purchase

by Property Forum
AEW’s Europe City Retail Fund has acquired a 3,000 sqm mixed-use building in the centre of Budapest for around €18 million. The sellers of the high street building were the Pallas Athéné Foundations, created by the Central Bank of Hungary.
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31
Jan
2019

Mitiska REIM buys into large Polish retail portfolio

by Property Forum
Mitiska REIM, a specialist investor in European retail parks, announced a major new strategic partnership with Karuzela Holding. Under the terms of the agreement, Mitiska REIM and Karuzela will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in 2 retail parks and 2 gallerias owned by Karuzela, with a total gross leasable area (GLA) of 35,600 sqm, and both parties will co-develop 4 additional projects with a total GLA of approximately 60,000 sqm.
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31
Jan
2019

New developments on Poland’s retail market

by Property Forum
New retail supply amounted to approximately 420,000 sqm in 2018, pushing Poland’s total retail stock up by 3% to 14.7 million sqm. Nearly 30% of the new supply was completed in small-scale shopping centres and retail parks (sized below 20,000 sqm). Extensions of existing shopping centres and retail parks delivered approximately 60,000 sqm of new retail space. Cushman & Wakefield presented a summary of the Polish retail market in 2018.
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