ARTICLES LABELLED WITH TAG retail

Echo Investment has secured refinancing worth €61.4 million for the Libero Katowice shopping center. The loan was granted by a consortium consisting of Bank Pekao S.A. and PKO Bank Polski S.A. The entire retail space at Libero is leased – the center features over 150 stores and service outlets.

CPI Europe reported a net profit of €133.5 million during 2024, a significant turnaround from the previous year's loss of €229.5 million.The shift is attributed to stable valuations, with revaluations turning positive at €12.6 million, compared to a loss of €376.8 million in the prior year. 

Anna Kaminska, Member of the Board of PSB Handel Group, has talked with Property Forum about the process of construction materials in Poland, the rising popularity of modular construction and the demand for ‘green’ products.

BIG Poland has announced the acquisition of Power Park Olsztyn, a shopping centre located in the southern part of Olsztyn (northern Poland). The seller was EPP. The value of the transaction has not been revealed.

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.

Focus Estate Fund has acquired three shopping centers in Poland. The assets' total Gross Leasable Area (GLA) is approximately 46,000 sqm. The value of the transaction has not been disclosed. 

Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.

German group ECE has abandoned plans to sell the Brno shopping centre Galerie Vaňkovka, reports E15.cz.