ARTICLES LABELLED WITH TAG retial

News CCIR and Iulius plan major mixed-use project in Bucharest
03
Jun
2020

CCIR and Iulius plan major mixed-use project in Bucharest

by Property Forum
The Romanian Chamber of Commerce and Industry (CCIR) and real estate developer Iulius are proposing a large-scale mixed-use project around the existing Romexpo Exhibition Center in Bucharest. The €2.87 billion investment plan would the see creation of the city’s largest business district with over 30,000 new jobs, museums and a multi-use event hall, a new park and green urban connections, a retail and lifestyle centre and 12,000 parking spaces.
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News Bucharest to see record level of supply growth
27
Feb
2020

Bucharest to see record level of supply growth

by Property Forum
A new record level of modern industrial, office and retail projects is expected to be delivered in 2020, as developers announced projects of over 1.2 million square meters, according to the latest Bucharest City Report published by JLL.
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News Retail investors react to limited supply in Poland
08
Mar
2019

Retail investors react to limited supply in Poland

by Property Forum
In 2018, retail investment volume reached a record high of €2.5 billion in Poland. Retail was the second most sought-after sector after offices, accounting for 34% of all investment activity in Poland. Paweł Nowakowski, Head of Capital Markets at Cresa Poland, predicts in the latest “Retail Occupier Economics” report that this year may be equally good for Poland.
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News Ikea to open pop-up store on Prague’s Wenceslas Square
06
Sep
2018

Ikea to open pop-up store on Prague’s Wenceslas Square

by Property Forum
Ikea will open a new pop-up store on Wenceslas Square in Prague’s heart on 20 September. The 800 sqm shop will focus on showing customers a range of options they have for their living rooms.
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News GTC acquires Mall of Sofia in Bulgaria
27
Apr
2018

GTC acquires Mall of Sofia in Bulgaria

by Import Sys
GTC continues its growth strategy and further expands its portfolio in Sofia. The developer and asset manager purchased Mall of Sofia, a prime shopping centre and office tower in Sofia’s Central Business District, seizing opportunity in the growing economy in Bulgaria. The property was formerly owned by Europa Capital.
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News Resi dominates Poland's investment land market
09
Feb
2018

Resi dominates Poland's investment land market

by Import Sys
In 2017 the residential market took the lead in terms of land deals, recording all-time highs for both the number and value of sale/purchase contracts. The market for land suitable for office buildings and hotels also continued apace in 2017. The appetite of developers for new purchases was underlined by deals for several dozen properties throughout Poland, according to JLL.
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News CPI plans major refurbishments in Budapest
15
Jan
2018

CPI plans major refurbishments in Budapest

by Ákos Budai
Last year, in a landmark deal, CPI Property Group has acquired 11 CEE retail assets from funds managed by CBRE Global Investors. Country Manager Mátyás Gereben talked to us about the company’s future plans for Hungary and revealed what’s in store for the five assets – shopping centres Pólus and Campona, the Andrássy Complex and two Interpsar stores – that were added to CPI’s Hungarian portfolio as a result of the €650 million deal.
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News BNP Paribas Real Estate to manage new Poznan scheme
16
Oct
2017

BNP Paribas Real Estate to manage new Poznan scheme

by Import Sys
A scheme from the portfolio of IKEA Centres Polska S.A. will for the first time be managed externally. Centrum Franowo, completed within 15 months and delivered to the market at the end of September this year, comprises 15 000 sqm GLA, out of which 7 500 sqm on level 0 is dedicated to retail and services, while the remaining 7 500 sqm on level +1 will be used for offices.
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News South African fund Hystead buys Sofia mall for €156 million
25
Jul
2017

South African fund Hystead buys Sofia mall for €156 million

by Ákos Budai
South African fund Hystead has acquired of The Mall, one of the largest shopping centres in Bulgaria, located in the capital city Sofia. The acquisition, upwards of €156 million, represents the fourth investment in the region by Hystead Limited, a joint venture between Hyprop Investments and Homestead Limited, who previously acquired the Delta City shopping centres in Podgorica and Belgrade alongside Skopje City Mall in Macedonia at the end of 2016. 
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Latest news


New leases

  • A Bricomarché shop has opened in the Karuzela shopping complex in Biała Podlaska (Poland). This is the chain's first outlet in the city. The store occupies an area of over 3,000 sqm, the outdoor garden a total of 1,500 sqm, and a special building shed another 600 sqm.
  • A shop of the international brand Jysk has opened in Galeria Północna in Warsaw. The store will occupy an area of 1,500 sqm. This is the chain's three hundredth outlet in Poland.
  • A Change Lingerie women's lingerie store has opened in Gemini Park Tarnów (Poland). The premises occupied by the brand is 100 sqm in size.

New appointments

  • At the beginning of April 2024, Barbara Tomaszewska took over as Director of the first Aiden by Best Western in Łódź, Poland. She was previously Deputy Director at Golden Tulip Gdańsk Residence.
  • Oriol Casellas Deig has been appointed CFO of Redport Capital. He also joined the Board of Directors of the Romanian development company. Deig has over 20 years’ worth of experience in real estate.
  • InPost has appointed Javier van Engelen as Group CFO. He is an experienced manager, an expert in finance, who has held CFO positions in a number of international companies.

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