ARTICLES LABELLED WITH TAG signa-retail
09
Jan
2024
Jan
2024
Germany’s biggest department store chain files for third insolvency
Galeria Karstadt Kaufhof, Germany’s largest department store chain owned by Austrian Sign Group, has initiated its third insolvency procedure in less than four years over financial issues.
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13
Jun
2019
Jun
2019
Signa Retail sells Kika’s Eastern European business to XXXLutz
International law firm Noerr, together with Vienna-based Austrian law office Arnold, have advised Signa Retail on the sale of Kika’s Eastern European business to XXXLutz. The parties signed the contracts on the sale of the 22 locations in the Czech Republic, Hungary, Romania and Slovakia on April 26, 2019. The transaction has included both the operational retail business with over 1,500 employees and the 22 properties.
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Latest news
- MLP Group starts new phase of Poznan business park
- ElectroPutere Mall expands to 62,000 sqm
- Romania's land market nears €450 million in deals during 2025
- Banks see no shortage of lending capacity in Poland
- PSN buys extensive Brno sites for residential use
- Poland's property investment volume boosted by offices in 2025
- Skanska sells Equilibrium 2 in Bucharest to Gránit-backed fund
- Czech industrial deliveries soar over 50% in 2025
- New transport hub to turn Central Poland into investment magnet
- Bellemonde starts construction of villa project near Bucharest
New leases
- Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
- The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
- Millennium Gardens has expanded its tenant portfolio by securing a major international logistics provider. The global firm will establish its Budapest office within the development. As a leading service provider, the company already operates nearly 80,000 sqm of logistics infrastructure in the region.
New appointments
- Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.
- CBRE Southeast Europe has strengthened its Zagreb operations with two strategic appointments in the Office Leasing department. Edmund Krznarić has taken over the role of Head of Office Leasing for the Croatian market. Additionally, Jan Pečnik has joined the team as Senior Consultant.
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
