ARTICLES LABELLED WITH TAG retail

Newgate Investment has completed the purchase of a retail park located at 135 Bydgoska Street in Piła. This facility features a leasable area of 15,943 square meters and is situated in a traditionally commercial zone, having previously housed a Tesco hypermarket. The proce has not been disclosed.

BIG Poland has expanded its portfolio by acquiring the Multishop Suwałki retail park with 13,000 sqm of space. The company now owns 9 fully commercialized retail parks in Poland, totalling 175,300 sqm of GLA. The price has not been disclosed.

Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.   

COOP Jednota has opened a new ecological non-stop supermarket in Prievidza in central Slovakia. The entire complex has been built as a wooden building. 

The Natland investment group has become a co-investor and partner of WOOD & Co. in the acquisition of the VIVO! shopping centre and myhive office buildings in Bratislava. 

Traditional shopping centres and retail parks continue to attract visitors and remain popular destinations for shopping, socialising and entertainment. They are valued for their modern facilities, strong offerings and appealing promotions. But do customers prefer retail parks for grocery shopping? Where do they tend to purchase clothing or cosmetics? What is the demographic profile of shoppers? To answer these and many other questions, global real estate services firm Cushman & Wakefield has conducted a survey, the findings of which are presented in its latest report. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal. 

Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.  

Slate Asset Management has disposed of a three-asset OBI retail store portfolio in Slovakia. The buyer is the Lindner Group from Germany. The seller has used the advisory service of Savills.

EPG Group has opened a new arcade in the Varyáda shopping center in the Karlovy Vary region. The center is expanding with 17 new retail units, an information booth and a relaxation zone for customers. 

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.