ARTICLES LABELLED WITH TAG shopping

News HB Reavis opens shopping centre in the Czech Republic
17
Nov
2016

HB Reavis opens shopping centre in the Czech Republic

by Ákos Budai
HB Reavis has officially opened the Czech Republic’s first Aupark in Hradec Kralove. The 21,000 sqm shopping centre brings 120 stores, new international brands, a large food court and various service and entertainment units to the city.
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News Immofinanz starts retail development in Poland
25
Oct
2016

Immofinanz starts retail development in Poland

by Ákos Budai
Immofinanz will soon start construction on a further shopping centre under its VIVO! brand in the Polish city of Krosno. The new shopping centre will have approx. 21,000 sqm of rentable space for more than 60 shops. Pre-rentals are successfully underway, with the future tenants including H&M, Media Markt and Helios Cinema. The investment costs will total approx. €34 million, and the opening is planned for the fourth quarter of 2017. The VIVO! Krosno will be the third VIVO! shopping centre in Poland. 
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News Galeria Metropolia opens in Gdańsk
25
Oct
2016

Galeria Metropolia opens in Gdańsk

by Ákos Budai
Galeria Metropolia in Gdańsk-Wrzeszcz was officially opened on 22 October 2016. Przedsiębiorstwo Budowlane Górski is the investor of the shoping centre, whilst Cushman & Wakefield is responsible for its commercialization.
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News Shoppers go for luxury brands in Prague
13
Oct
2016

Shoppers go for luxury brands in Prague

by Ákos Budai
According to the latest report by JLL, High Street Retail in Prague 2016/2017, the Czech capital is the most attractive destination for expansion of international retailers in CEE and is being considered as the gate when entering this region. Demand for quality space on Prague’s high streets, Pařížská and Na Příkopě, is outstripping supply which is reflected in the current rent rate of up to €190/sqm/month for a notional unit of 100 sqm in a prime location.
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News Contractor selected for new Katowice mall
06
Sep
2016

Contractor selected for new Katowice mall

by Ákos Budai
Erbud SA has been chosen as the contractor of the shell of Galeria Libero, which is being developed by Echo Investment in the southern part of Katowice.
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News Increasing competition on the Polish retail market
31
Aug
2016

Increasing competition on the Polish retail market

by Ákos Budai
In H1 2016, total modern retail stock in Poland rose to more than 13.5 million sqm GLA. The key trends include new shopping centre and retail park openings in cities below 100,000 inhabitants and the growth of the outlet centre sector in agglomerations with 200,000–400,000 inhabitants. Cushman & Wakefield has released its data on the Polish retail market in H1 2016 in its report Property Times: Increased market competition calls for a quick response.
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News Atrium appoints new Group Head of Leasing
03
May
2016

Atrium appoints new Group Head of Leasing

by Ákos Budai
Atrium European Real Estate, owner and manager of shopping centres and retail real estate in Central and Eastern Europe has announced the appointment of Scott Abbey as Group Head of Leasing.
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News Hungary lifts ban on Sunday shopping
18
Apr
2016

Hungary lifts ban on Sunday shopping

by Ákos Budai
On 11th April, the Hungarian government announced their proposal for parliament to abolish the standing law regarding Sunday closing for retail units. The proposal has already passed through voting in the Parliament on 12th April, theoretically allowing stores to open from Sunday, 17 April 2016. The decision comes little more than a year after the legislation came into effect in March 2015, and is likely a direct consequence of recent developments having paved the way for a referendum on the widely criticized policy. According to CBRE’s experience this is a highly appreciated change in legislation by the industry. 
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Latest news


New leases

  • Less than four months after deciding to enter Panattoni Park Tricity East I, Chemart International Trader has decided to expand and occupy an additional 3,000 sqm. The company was represented in the negotitions by Axi Immo.
  • Newgate Investment has signed lease agreements for two Polish premises with a total area of around 1,200 sq m, previously leased by Neonet. A Rossmann shop will open on the space in Zgierz and a Media Expert shop in Grodzisk Mazowiecki.
  • Three new tenants from the science and education sectors have chosen Wrocław's Silver Forum office building for their premises. The largest space - almost 2 thousand sqm - will be occupied by the private Navigo Wrocław Secondary School.

New appointments

  • Building on the successes of last year, GARBE Industrial Real Estate CEE is responding by promoting Martin Stratov to the position of GARBE Director for the Czech Republic and Slovakia, Veronika Zacha will be the new Head of Business Development and Construction in the Czech Republic and Jan Hradecky will move to the position of GARBE Project Management Manager for the Czech Republic.
  • Gellért Berkes has been appointed as Head of Property Management at ConvergenCE. He has been a member of the real estate development team for two and a half years. He has nearly 15 years of professional real estate experience.
  • MLP Group has announced that Tomasz Zabost has resigned as a member of the management board with immediate effect, without stating the reasons for his resignation. He became a member of MLP Group's management board in January 2015.

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