ARTICLES LABELLED WITH TAG retail

News EBRD invests €24.7 million in MAS’s real estate green bond
13
May
2021

EBRD invests €24.7 million in MAS’s real estate green bond

by Property Forum
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
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News Penny to invest €1 billion in Romania by 2029
13
May
2021

Penny to invest €1 billion in Romania by 2029

by Property Forum
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations. 
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News GTC records €15 million profit despite rental revenue decrease
13
May
2021

GTC records €15 million profit despite rental revenue decrease

by Property Forum
GTC’s rental and service revenues decreased by €3.8 million to €37 million in Q1 2021 from €41 million in Q1 2020. Profit before tax and fair value adjustments for Q1 2021 reached €15 million, up from €13 million in Q1 2020. The company published its financial results for Q1 2021.
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News Shoppers will quickly return to shopping centres
12
May
2021

Shoppers will quickly return to shopping centres

by Property Forum
Shopping centre footfall in February in Poland, prior to the fourth lockdown, averaged approximately 80% of last year’s levels. Shoppers will return to shopping centres once restrictions are lifted, say experts of Cushman & Wakefield.
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News LCP Properties buys retail park in Rawa Mazowiecka
12
May
2021

LCP Properties buys retail park in Rawa Mazowiecka

by Property Forum
LCP has signed a purchase contract for a retail park in Rawa Mazowiecka, located between Warsaw and Łódź. It offers over 2,700 sqm of GLA and 45 parking spaces. The size of the entire plot is over 5,200 sqm. Among the tenants are Kik, Dealz, Martes Sport and CCC.
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News Eight new retail openings in Poland in Q1 2021
10
May
2021

Eight new retail openings in Poland in Q1 2021

by Property Forum
Close to 70,000 sqm of new retail space was delivered to the Polish market in Q1 2021, reveals Cushman & Wakefield. The new supply was dominated by small retail parks and standalone stores.
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News 51 new Dino stores opened in Poland in Q1 2021
07
May
2021

51 new Dino stores opened in Poland in Q1 2021

by Property Forum
At the end of March 2021 the Dino network numbered 1,532 stores, up 298 versus March 2020. 59 new stores were opened in Q1 2021. The EBITDA margin in Q1 2021 was 8.8%, i.e. 0.2 percentage points above the corresponding period of 2020.
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News Globalworth appoints general contractor for Wrocław renovation project
06
May
2021

Globalworth appoints general contractor for Wrocław renovation project

by Property Forum
Globalworth, the owner and property manager of Renoma in Wrocław, has chosen Tétris as the general contractor for the renovation of the building. Following this decision, the main stage of work on the metamorphosis of this architectural landmark of the city has now started, in time for the building’s 91st anniversary.
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News BPI and Revive to build huge mixed-use complex in Poznań
05
May
2021

BPI and Revive to build huge mixed-use complex in Poznań

by Property Forum
BPI Real Estate Poland and Revive have selected the design prepared by the SUD Architekt Polska studio for their joint investment, which will be conducted under their joint-venture on ul. Jana Matejki in the Poznań district of Łazarz. The Belgian developers intend to build a truly urban modern complex on a gigantic area of 5.5 ha. This investment project calls for combining residential and commercial functions and revitalizing historical buildings consisting of the former military barracks. This concept also calls for planting a large amount of greenery, including trees and creating numerous generally accessible areas for all of the residents of Poznań to be able to use. BPI and Revive’s investment will be carried out in three stages and its completion is slated for the end of 2029.
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News Food and grocery become the new core in retail investment
05
May
2021

Food and grocery become the new core in retail investment

by Property Forum
According to Savills, the food sector is becoming the new core in retail property investment. Last year, for the first time, investments in supermarkets, hypermarkets and food discount stores accounted for a record 21% of total European retail activity, up from a five year average of 7%.
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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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