ARTICLES LABELLED WITH TAG shopping

18
Jun
2021

Nine new brands have entered the Czech market in H1 2021

by Property Forum
Regardless of the problems that the measures related to the coronavirus crisis have brought to the retail segment – with shops in Czechia closed for 234 days, the longest period in all of Europe – new brands keep coming to the local market. Nine of them have arrived or will arrive during the first half of the year, the most prominent one of them being Ireland’s Primark fashion chain whose shop opening was expected with a great deal of anticipation.
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15
Jun
2021

Bluehouse sells Czech shopping centre to Conseq

by Property Forum
Bluehouse sold the Korso Karviná shopping centre (in the Northern Moravian region of the Czech Republic, east of Ostrava) to local investor Conseq Investment Management in this year’s first shopping centre transaction on the Czech market.  
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03
Jun
2021

New shopping centre opens in Prague soon

by Property Forum
A new shopping centre, part of the multifunctional Bořislavka Centrum complex developed by KKCG Group, is set to open in Prague on June 4. Located next to the Bořislavka metro station, the centre will feature approximately 9,000 sqm of retail space.
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28
May
2021

Wood & Company obtains record loan for Bratislava asset

by Property Forum
Wood & Company has obtained a loan of €229.5 million, one of the highest amounts in the Slovak real estate market, to refinance the debt of the Aupark shopping centre in Bratislava. The financing will be provided by several European banking groups, all of which have operated historically in Slovakia. 
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27
May
2021

Fashion House opens €25 million outlet centre in Bucharest

by Property Forum
Developer Fashion House has opened its second outlet centre in Bucharest following an investment of €25 million. The project is located in the eastern part of the city and spans over 12,000 sqm. 
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19
May
2021

Futureal to open Hungary’s largest food court in September

by Property Forum
Hungarian developer Futureal will open the food court of the Etele Plaza shopping centre in Budapest this September. The food court will feature a direct connection to the roof terrace, unique interior design and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and an open kitchen concept.
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04
May
2021

Wing selects contractor for Budapest shopping centre renovation

by Property Forum
EuroCenter owner and developer Wing has selected Bernecker Kft. to carry out general contractor tasks for the modernisation of the 46,000 sqm shopping centre located in the northern Buda area. The shopping centre has closed for the duration of the renovations and is scheduled to reopen in spring 2022, boasting a modern appearance and ready to meet 21st-century customer demands. Construction work begins in late April.
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03
May
2021

CPI begins reconstruction of Budapest shopping centre

by Property Forum
The interior of the Campona shopping centre in South Buda, owned by CPI Property Group,  will be completely rebuilt by the end of 2021.
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29
Apr
2021

Wood & Company acquires Aupark Bratislava shopping centre

by Property Forum
Wood & Company, together with its JV partner Tatra Asset Management, has announced the acquisition of the Aupark Bratislava shopping centre in Slovakia from Unibail-Rodamco-Westfield. The completion of the transaction is expected during the first half of this year and is subject to standard conditions precedent, such as competition clearance.
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23
Apr
2021

Eurovea extension in Bratislava receives €116 million loan

by Property Forum
Eurovea 2 obtained one of the largest real estate loans in Slovakia in recent years. Funding in the amount of €116 million will be used for the construction of the extension of the Eurovea shopping centre and the adjacent Pribinova X office building. Construction work by JTRE on both buildings is in full swing. The loan is provided by a syndicate of banks led by Tatra banka, together with Slovenská sporiteľňa and UniCredit Bank. The contract documentation was prepared by Dentons.
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Latest news


New leases

  • Westinghouse Electric Company will occupy a space of over 1900 sqm in the Zabłocie Business Park B office building in Kraków. JLL represented the tenant during the contract negotiation process.
  • Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
  • 108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.

New appointments

  • Spaceflow, a tenant experience company, appoints Ken Norton as its Vice President of Sales. Among Norton’s goals is to accelerate the growth of its client base, while scaling Spaceflow's sales team in their international markets and optimizing the sales processes. Norton joined Spaceflow after three years as Head of Sales at LandInsight, now Landtech. Prior to joining LandInsight, he was in Business Development at Estates Gazette.
  • Benoit Lheureux will replace Gerard Gallet as a CEO of Auchan Polska. Gerard Gallet will remain a Member of the Board.
  • Tomasz Łapiński, former CFO of Cordia Poland, has returned to the company as Development Director and Vice President. He will be responsible for strengthening Cordia's position in Poland, its development and further integration with Polnord.


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