ARTICLES LABELLED WITH TAG retail

News CBRE: Solid Q1 2020 results for Romania
16
Apr
2020

CBRE: Solid Q1 2020 results for Romania

by Property Forum
The first three months of the year were closed with promising figures on the Romanian property market. CBRE published its Q1 2020 overview of the main commercial real estate sectors.
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News Portfolio deals drive Poland’s retail investment market
14
Apr
2020

Portfolio deals drive Poland’s retail investment market

by Property Forum
According to a recent report published by Cresa, portfolio transactions are on the rise on the Polish retail market. Two of last year’s three largest commercial real estate transactions were retail portfolio deals: the €600 million acquisition of the shopping centre portfolio from Cromwell Polish Retail Fund by Cromwell Property Group and the disposal of Atrium Koszalin and Atrium Felicity to ECE Group for €298 million.
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News Jysk to build €200 million logistics base in Hungary
14
Apr
2020

Jysk to build €200 million logistics base in Hungary

by Property Forum
Furniture retailer Jysk will begin building a new distribution centre in Ecser, Hungary in April. When in operation, the €200 million distribution centre will employ around 300 people and further strengthen the company’s logistics setup in Europe, the company announced.
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News Generali Real Estate buys Prague department store
07
Apr
2020

Generali Real Estate buys Prague department store

by Property Forum
Generali Real Estate has acquired the Kotva department store in Prague for an undisclosed sum from Pražská Správa Nemovitostí (PSN) through its pan-European fund Generali Real Estate Asset Repositioning SA (GREAR).
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News AFI Europe postpones Brasov opening due to COVID-19
06
Apr
2020

AFI Europe postpones Brasov opening due to COVID-19

by Property Forum
AFI Europe Romania announces the rescheduling of the opening date for AFI Brasov, the largest shopping centre project to be delivered in Romania in 2020. Initially planned for the spring of this year, the opening date is now scheduled for the autumn of 2020, should the overall social conditions allow it.
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News Chinese trends help outline potential recovery paths for Romania
03
Apr
2020

Chinese trends help outline potential recovery paths for Romania

by Property Forum
The business environment in China was the first hit by the COVID-19 epidemic, but the fast decrease of new cases in the past weeks brings hope for recovery in the second half of the year, with a positive impact on the real estate market as well. Based on China’s evolution, a similar outcome could be expected in Romania too, mainly driven by e-commerce, after the outbreak peak is surpassed and the number of new cases drops. Moreover, the current situation can bring growth opportunities for certain industries including segments of the real estate market, according to Colliers International.
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News C&W: Core CEE countries under lockdown
03
Apr
2020

C&W: Core CEE countries under lockdown

by Property Forum
As the global pandemic progresses across borders and within countries, Cushman & Wakefield’s EMEA market research experts shared what they are seeing on the ground in their countries.
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News NEPI Rockcastle withdraws earnings guidance for 2020
03
Apr
2020

NEPI Rockcastle withdraws earnings guidance for 2020

by Property Forum
Subsequent to NEPI Rockcastle’s previous updates concerning the impact of the COVID-19 on its operations, there have been significant developments around the COVID-19 situation. As governments, national authorities and companies continue to implement rigorous measures, there is a high degree of uncertainty about the impact of this on the Group’s operations. As a result, NEPI Rockcastle withdraws its earnings guidance for 2020 and expects to provide an update when the Group will be in a position to estimate the effects of the current situation reliably.
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News Poland’s Q1 2020 investment volume exceeds €2.4 billion
02
Apr
2020

Poland’s Q1 2020 investment volume exceeds €2.4 billion

by Property Forum
Throughout the first quarter of 2020, the total transaction volume on the commercial real estate market in Poland exceeded €2.4 billion, according to preliminary results by Avison Young. This volume is almost three times as high as compared to the corresponding period of 2019, however, in line with Avison Young forecasts from December last year. Robust investment activity has been mainly noted in the industrial and office sectors. Asian investors dominated investment volume in terms of capital origin, with a particular focus on the industrial sector. At the same time, a growing investment activity of CEE investors is continuously observed, especially on the office market.
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News Restrictions on shopping affect over 9,000 stores in Romania
02
Apr
2020

Restrictions on shopping affect over 9,000 stores in Romania

by Property Forum
The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from shopping centres affects more than 9,000 stores and each day when they are closed equals €15-20 million lost income, according to Cushman and Wakefield Echinox.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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