ARTICLES LABELLED WITH TAG retail

News Poseidon Group sells €50 million Croatian retail portfolio
23
Dec
2021

Poseidon Group sells €50 million Croatian retail portfolio

by Property Forum
Poseidon Group, an investor, asset manager and property manager of the Capitol Park centres across Croatia, confirmed the sale of the assets they fully manage in Zadar, Križevci, Krk, Jastrebarsko, Ivanić-Grad and Makarska, to a group of local private investors.
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News Supernova buys Louis Delhaize’s property portfolio in Romania
22
Dec
2021

Supernova buys Louis Delhaize’s property portfolio in Romania

by Property Forum
Belgian retail group Louis Delhaize has announced the signing of a sale & lease back transaction with Austrian real estate group Supernova for its real estate portfolio in Romania. 
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News Retail investing across Europe is set to get competitive in 2022
22
Dec
2021

Retail investing across Europe is set to get competitive in 2022

by Property Forum
Following years of turmoil in retail, 2022 will bring rental growth and increased investment capital to the sector across Europe, according to Savills.
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News Immofinanz buys plots for retail parks in Croatia for €80 million
22
Dec
2021

Immofinanz buys plots for retail parks in Croatia for €80 million

by Property Forum
Immofinanz is following its market entry in Italy with the expansion of its Stop Shop retail park brand across the Adriatic region in line with the corporate strategy. In Croatia, plans call for an increase in the number of Stop Shops from the current level of 4 to more than 20 locations over the medium term. The completion of a newly developed Stop Shop and the expansion of an existing location is scheduled for the first half of 2022. Detailed market and location analyses indicated high demand by the Croatian population for decentralised, local supplies. This conclusion led to a decision by Immofinanz to secure 22 sites in medium-sized Croatian cities for the development of Stop Shop retail parks. The purchase price for these sites totals approximately €80 million.
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News Large scale, mixed-use investments are a time-consuming business
22
Dec
2021

Large scale, mixed-use investments are a time-consuming business

by Michał Poręcki
Kinga Nowakowska, COO and Board Member of Capital Park Group talked to Property Forum about the delivery of Norblin Factory mixed-use project in Warsaw, the impact of the pandemic on the retail market and  CPG’s upcoming investment plans.
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News Retail parks in Poland is good business
21
Dec
2021

Retail parks in Poland is good business

by Property Forum
The growing trend of local awareness and the evolution of shopping habits increased the popularity of commercial convenience stores. Retail parks and small shopping centres have grown in importance, which in result motivates developers to undertake more intense actions. Each quarter, there are more and more investors who are planning to use this format and build commercial facilities. Apart from the flexibility of space and lower rental rates, the advantage of retail parks is their proximity to customers, a key factor in today’s world, according to LBC Invest.
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News CPIPG announces portfolio-wide disposals of over €700 million
21
Dec
2021

CPIPG announces portfolio-wide disposals of over €700 million

by Property Forum
CPI Property Group announced that the Group has signed disposals that will raise gross proceeds of about €700 million and net proceeds of about €550 million following repayment of associated asset-level debt.
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News Czech retail revenues stay comparable with last year
21
Dec
2021

Czech retail revenues stay comparable with last year

by Property Forum
Czech shopping centre revenues for the first ten months of this year reached a similar level as they did in the same period of 2020. Since April, footfall has been consistently higher than last year. The number of new brands coming to the market has been the highest in the last three years, mostly in the fashion segment, according to Cushman & Wakefield.
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News Penny invests €26 million in Romanian warehouse
17
Dec
2021

Penny invests €26 million in Romanian warehouse

by Property Forum
Retailer Penny, part of German Rewe Group, has opened its fourth warehouse in Romania following an investment of €26 million. 
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News Trei opens its 29th Vendo Park in Poland
17
Dec
2021

Trei opens its 29th Vendo Park in Poland

by Property Forum
Trei Real Estate, an international developer and asset holder for residential and retail real estate, just opened another retail park of its Vendo Park brand in Radzymin, Masovian voivodeship, close to Warsaw. The total amount invested was €3.1 million.
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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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