ARTICLES LABELLED WITH TAG shopping

News Diófa reopens Budapest shopping centre
25
Oct
2018

Diófa reopens Budapest shopping centre

by Property Forum
Diófa Asset Management, on behalf of its Magyar Posta Takarék Real Estate Fund, has reopened the Shopmark shopping centre in the southern part of Budapest. The complete overhaul the 24,000 sqm building was started in February by KÉSZ Építő Zrt.
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News New shopping centre to open in Plovdiv
25
Oct
2018

New shopping centre to open in Plovdiv

by Property Forum
Bulgarian shopping mall Plovdiv Plaza will reopen its doors in November following an extensive renovation. The shopping centre will have a total retail area of 35,000 sqm.
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News Investors still love Polish retail
25
Oct
2018

Investors still love Polish retail

by Property Forum
The Polish retail market maintains its momentum despite the partial Sunday trading ban. This year’s supply is expected to hit approximately 490,000 sqm, the highest annual level in the last three years. Of that total, 52% will be delivered in cities a population of more than 400,000 while 42% will be handed over in cities with a population of less than 100,000, according to Cushman & Wakefield’s latest report.
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News MPC and Atterbury launch €110 million Belgrade retail project
19
Oct
2018

MPC and Atterbury launch €110 million Belgrade retail project

by Property Forum
Deputy Mayor of Belgrade, Goran Vesić and CEO of MPC Properties Ingo Nissen have officially laid down a foundation stone at the construction site of a new shopping centre in Belgrade with over 43,000 sqm of sales space and a total built area of 130,000 sqm. The project is a joint venture of MPC Properties, the largest investor in the region of South-East Europe and Atterbury Europe, focused on shopping centre investments and retail development opportunities in Europe, which will collectively invest more than €110 million in this project.
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News Influx of new brands on Poland’s retail market
18
Oct
2018

Influx of new brands on Poland’s retail market

by Property Forum
Since the beginning of the year, more than €2.1 billion has been invested in Polish retail assets. JLL Poland summarised the situation on the local retail market at the end of Q3 2018.
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News Slovenian retailer sells 10 shopping centres
17
Oct
2018

Slovenian retailer sells 10 shopping centres

by Property Forum
Slovenian retailer Mercator has sold 10 shopping centres with a total GLA of 108,800 sqm in Slovenia to Austrian Supernova Group for €116.6 million. Mercator will rent parts of the centres, the company said in a filing to the Ljubljana Stock Exchange.
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News Futureal is building the first digital shopping centre of Budapest
15
Oct
2018

Futureal is building the first digital shopping centre of Budapest

by Ákos Budai
One of the most active commercial property developers of Budapest is expanding its portfolio. In addition to several office projects, it started the Hungarian capital’s first retail development in nearly a decade. Tibor Tatár, Futureal’s CEO talked to Property Forum about new projects and the challenges a developer needs to face.
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News Romanian developer to expand Bacău shopping mall
15
Oct
2018

Romanian developer to expand Bacău shopping mall

by Property Forum
Arena Mall shopping centre in Bacau, a reference for the retail market in the Moldova region, will enter into a comprehensive extension and modernization process that will result in a 60% increase of its leasable area and in the construction of a multi-storey car park.
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News E-commerce won’t kill off retail in the CEE region
11
Oct
2018

E-commerce won’t kill off retail in the CEE region

by Property Forum
There is room for online and conventional channel retail to continue co-existing side by side in the short to medium term in the CEE-6 markets, according to Colliers International. The solid further €71.5 billion expansion of retail sales out to 2022, 4.9% growth per annum overall, creates enough evolutionary room for multiple concepts to continue thriving. Conservative growth scenario sees e-commerce in CEE-6 expanding 8.8% per annum from a baseline of €13.1 billion to €20 billion.
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News Futureal, UniCredit and Erste Group sign loan agreement in Budapest
19
Sep
2018

Futureal, UniCredit and Erste Group sign loan agreement in Budapest

by Property Forum
Futureal Group signed a loan agreement for €150 million (roughly HUF 48 billion) with a consortium led by UniCredit acting as Bookrunner and Facility Agent. UniCredit and Erste Group will finance Buda's biggest shopping centre with equal parts, marking one of the largest shopping centre-related financings in Hungary over the past ten years. The construction of Etele Plaza, with a gross area of 137,000 square meters, is already underway.
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Latest news


New leases

  • In April this year, the House brand joined the group of tenants at CH Korona in Wrocław. The salon occupies nearly 285 sqm of sales space.
  • 18 Gym Fitness & Beauty will open a new location within Agora Arad (the former Galleria Arad) in a deal brokered by the Cushman & Wakefield Echinox. Agora Arad has a leasable area of 36,000 sqm and is currently undergoing a major refurbishment.
  • Transport company Zadbano has become a new tenant at LCube Rzeszów Airport. The company has taken 1.3 thousand sqm of warehouse space in Building 2, which was completed last year.

New appointments

  • Urszula Sekuła has joined the Retail Institute team as Business Development Director. She will be responsible for business development in Poland and three European markets.
  • Hines has announced a new leadership team for Poland. Marcin Wielgus, previously Finance Director and Head of Transactions, will take up the role of Chief Operating Officer and President of the Management Board while Kamil Nurek, previously Director of Project Management will assume the role of Director of Development and Asset Management and Vice-President of the Management Board.
  • 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.

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