ARTICLES LABELLED WITH TAG shopping

News SES buys King Cross shopping centre in Zagreb
22
Nov
2017

SES buys King Cross shopping centre in Zagreb

by Import Sys
Aberdeen Asset Management has sold the King Cross shopping centre in Zagreb to SES Spar European Shopping Centers. The transaction price has not been disclosed.
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News Strong growth forecasted for CEE retail markets
15
Nov
2017

Strong growth forecasted for CEE retail markets

by Import Sys
Robust GDP growth, wage rises and price inflation are the drivers of retail sales across the CEE region, says Colliers International in its latest research report. Key findings of the report include:
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News Echo Investment completes leasing of Szczecin mall
14
Nov
2017

Echo Investment completes leasing of Szczecin mall

by Import Sys
The leasing department of Echo Investment finalised the lease of the last unit just before the opening of an extended part of Galaxy in Szczecin. Echo Investment is responsible for the construction and lease of the facility for EPP which is the owner and manager of Galaxy.
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News Czech retail stock to see significant growth after 2019
14
Nov
2017

Czech retail stock to see significant growth after 2019

by Import Sys
The total floorspace in shopping centres across Europe increased by 1.17 million sqm to 160.8 million sqm at the midpoint of 2017, according to Cushman & Wakefield. Since the beginning of 2017, a total of 57,850 sqm of new shopping centre space has been completed in the Czech Republic. The figure includes the extension of IGY České Budějovice by 9,250 sqm, an extension of the Chodov Centre by 35,000 sqm and the newly built Central Jablonec with a floor space of 13,600 sqm. This represents a 67% growth over the previous year. However, the market will deliver markedly less shopping centre space next year. According to current information, just one shopping centre will be completed – the Géčko in Ostrava. By contrast, several major projects will open after 2019.
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News Bucharest’s Veranda Mall to be expanded
13
Nov
2017

Bucharest’s Veranda Mall to be expanded

by Import Sys
The developer of Bucharest’s Veranda mall will begin work on expanding it one year after inauguration, zf.ro reports.
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News NEPI Rockcastle buys Bialystok shopping centre for €92 million
13
Nov
2017

NEPI Rockcastle buys Bialystok shopping centre for €92 million

by Import Sys
NEPI Rockcastle has acquired Alfa Centrum shopping centre in the city of Bialystok in Poland from A-JWK Management sp. z o.o. The aggregate purchase price for Alfa Bialystok was €92.3 million, representing an acquisition yield of approximately 6.7%.
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News Deutsche Hypo to finance Gdansk shopping mall
13
Nov
2017

Deutsche Hypo to finance Gdansk shopping mall

by Import Sys
Deutsche Hypothekenbank is financing the Galeria Baltycka shopping centre in Gdansk for real estate company Shopping-Center Galeria Baltycka GmbH und Co. KG sp.K. The financing volume amounts to almost €81 million, of which 50% will remain with Deutsche Hypo on a long-term basis.
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News NEPI Rockcastle invests €30 million in Shopping City Galati
08
Nov
2017

NEPI Rockcastle invests €30 million in Shopping City Galati

by Import Sys
NEPI Rockcastle has invested nearly €30 million in the expansion and modernisation of Shopping City Galati and the first brands that will appear following the expansion will be inaugurated on November 16. An additional 21,000 sqm was added to the 27,000 sqm shopping centre.
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News Bucharest’s ParkLake gets certified
31
Oct
2017

Bucharest’s ParkLake gets certified

by Import Sys
The ParkLake shopping mall in Bucharest, developed by a joint venture of Sonae Sierra and Caelum Development, has received a BREEAM certification with a rating of ‘Excellent’.
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News Commerz Real sells 50% of Prague mall to Unibail-Rodamco
25
Oct
2017

Commerz Real sells 50% of Prague mall to Unibail-Rodamco

by Import Sys
Commerz Real has founded a joint venture together with Unibail-Rodamco for the Prague shopping centre Metropole Zlicin, which has until recently been fully owned by its open-ended real estate fund hausInvest. To this end it has sold 50 per cent of its shares in the property company to Unibail-Rodamco. It was agreed that confidentiality be maintained on the purchase price. Unibail-Rodamco will be assuming the asset and property management for the centre.
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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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