ARTICLES LABELLED WITH TAG shopping

06
Dec
2019

Primark signs lease agreement with Eurovea in Bratislava

by Property Forum
Irish clothing chain Primark‘s long-anticipated market entry into Slovakia has been confirmed as the company has signed a lease agreement with Eurovea. At the same time, the shopping centre has announced that it reached 70% occupancy in the forthcoming extension. Cushman & Wakefield facilitated the transaction.
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05
Dec
2019

DRFG acquires Olomouc shopping centre

by Property Forum
Local investor DRFG, through its Czech Real Estate Investment Fund, has acquired the Olomouc CITY shopping centre from Mint Investments. With this acquisition, DRFG manages the first primarily leisure-oriented property in its portfolio.
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20
Nov
2019

Adventum International buys Budapest shopping centre

by Property Forum
Adventum International, a Malta-based boutique investment fund manager, has acquired the 66,000 sqm GLA Köki Terminal shopping centre in Budapest for its Adventum Quartum investment fund.
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18
Nov
2019

Multi to refurbish Budapest shopping centre

by Property Forum
Multi Hungary announced its extensive refurbishment plans for Allee shopping centre in Buda, in the most densely populated district of Budapest. Multi will upgrade and renovate the 46,700 sqm shopping centre, while enhancing the tenant mix, interior and exterior design and customer services. Multi will start the execution phase in the second quarter of 2020 and expects to complete most of the work still in 2020.
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13
Nov
2019

Leisure and entertainment attract CEE consumers to shopping centres

by Property Forum
According to the new CEE research from Colliers International, which looks at entertainment sector in 13 CEE countries, the leisure offer in shopping centres is dominated by multiplex cinemas and fitness clubs, but there are also other concepts that are being added to the mix. Czech consumers spend the most on recreation and culture, the average is €38.23/month. Key findings of the report include the following.
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08
Nov
2019

Immofinanz opens repositioned shopping centre in Bratislava

by Property Forum
Immofinanz has successfully completed the repositioning and modernisation of its VIVO! Bratislava shopping centre. After a renovation period of nearly 12 months during full operations, the opening of the new shops was celebrated today. VIVO! Bratislava now has 170 speciality shops on 36,000 sqm of rentable space, with many new tenants. The food retailer Lidl and the fashion retailer LPP Group have joined as anchor tenants, and the overall offering has been increased by 20 new brands including, for example, Reserved, Mohito, House, Cropp and Sinsay. Immofinanz has invested roughly €25 million in the modernisation and renovation of the facility, which previously operated as the Polus City Center in Bratislava.
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24
Oct
2019

Investika real estate fund buys Prague shopping centre

by Property Forum
The open real estate fund Investika purchased the Galerie Butovice shopping centre located in the popular office area Nové Butovice in Prague 5. CBRE advised Investika on the acquisition.
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10
Oct
2019

NEPI Rockcastle to open two shopping centres in Romania

by Property Forum
NEPI Rockcastle announced that it will inaugurate Promenada Sibiu on November 14 following an investment of €100 million. The developer will also open a shopping centre in Târgu Mureș in March following an investment of €70 million.
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10
Oct
2019

Multi to manage two more shopping centres in Poland

by Property Forum
Multi Poland has been appointed by Union Investment to provide property management services for two shopping centres in Poland, Ferio Konin in Konin and Sarni Stok in Bielsko-Biała, as of 1 October 2019. The agreements include full centre management, leasing and marketing.
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04
Oct
2019

C&W Echinox takes over Bucharest shopping centre

by Property Forum
The Asset Services department of Cushman & Wakefield Echinox has taken over the administration of the Colosseum shopping centre since October 1st, thus expanding its portfolio in Bucharest with a project in full expansion.
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Latest news


New leases

  • 108 Agency has leased 280 sqm of commercial space for Bikero, a supplier of sports equipment, at BB Centrum Building B in Prague, owned by Passerinvest Group. The opening will take place in Q1 2021.
  • Business intelligence company MicroStrategy Poland has signed a lease agreement for 3,000 sqm of office space at Karimpol Polska's flagship investment, Skyliner in Warsaw. The tenant was represented in the negotiation by AXI IMMO.
  • TEREZ Performance Polymers, a producer of engineering plastics, has leased more than 5,000 sqm of warehouse space in 7R City Flex Rzeszów Airport (Poland). The tenant was advised during the transaction by real estate advisory firm Savills.

New appointments

  • Alina Dima was promoted Senior Property Manager at Cushman Wakefiled Echinox in Romania. With 11 years of experience, she will coordinate all suppliers and teams involved.
  • Cushman & Wakefield announced that Magsud Rahmanov MRICS was appointed Head of Hotel Transactions CEE & SEE.
  • Krzysztof Poznański has replaced Radosław Knap as Managing Director of the Polish Council of Shopping Centers.


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