ARTICLES LABELLED WITH TAG Tesco

News Adventum closes purchase of 18 retail parks anchored by Tesco
17
Jun
2022

Adventum closes purchase of 18 retail parks anchored by Tesco

by Property Forum
Adventum Group’s largest deal to date – a portfolio of 18 retail parks anchored by Tesco across Hungary and the Czech Republic with a GLA of 360,000 sqm let to over 900 tenants – has come to a successful completion and with this transaction Adventum’s assets under management has reached €1 billion.
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News Mitiska REIM repurposes Tesco hypermarket in Poland into retail park
29
Apr
2022

Mitiska REIM repurposes Tesco hypermarket in Poland into retail park

by Property Forum
Mitiska REIM, the specialist investor in European convenience real estate, has today announced the opening of a new retail park in the city of Puławy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.
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News Adventum to buy 18 retail park assets in CEE anchored by Tesco
13
Apr
2022

Adventum to buy 18 retail park assets in CEE anchored by Tesco

by Property Forum
Adventum Group, the CEE focused real estate investment manager, has signed contracts to acquire 18 retail park assets in the Czech Republic and Hungary anchored by Tesco in a €280 million transaction. The app. 360,000 sqm portfolio will be a significant addition to its growing portfolio of assets across the core CEE countries including Poland, the Czech Republic and Hungary. A banking consortium of OTP Bank Plc. and Erste Group (Erste Group Bank AG and Erste Bank Hungary Zrt.) has entered into a new €150 million acquisition facility to finance the acquisition of the portfolio. The acquisition facility was arranged by OTP Bank and Erste Bank.
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News EDS Retail Park buys six former Tesco stores in Poland
28
Oct
2021

EDS Retail Park buys six former Tesco stores in Poland

by Property Forum
Gdańsk based developer EDS Retail Park has won the bidding to buy six Tesco stores, which it intends to convert into retail parks with a total of 29,000 sqm GLA.
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News ZDR Investments buys Tesco hypermarket in Slovakia
04
Aug
2021

ZDR Investments buys Tesco hypermarket in Slovakia

by Property Forum
ZDR Investments Group has acquired the Tesco hypermarket in Senec, east of Bratislava, from Tatra Asset Management. Cushman & Wakefield represented the seller in their divestment.
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News Salling Group gets green light for Tesco Poland takeover
15
Mar
2021

Salling Group gets green light for Tesco Poland takeover

by Property Forum
The Polish anti-monopoly regulator UOKiK has approved the takeover of the Polish branch of the British retailer Tesco by its Danish competitor, Salling Group, operator of the Netto discount store chain.
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News Castorama takes over former Tesco stores in Poland
02
Feb
2021

Castorama takes over former Tesco stores in Poland

by Property Forum
The Castorama network of renovation and construction stores will expand with five new stores, which until recently operated under the Tesco brand. Each of them will be reconstructed, adapting not only to the standards of the new owner, according to DlaHandlu.pl.
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News Tesco to exit Poland by selling to Salling Group
18
Jun
2020

Tesco to exit Poland by selling to Salling Group

by Property Forum
Tesco announces the sale of its business in Poland to Salling Group A/S. The transaction, which is subject to antitrust approval, includes the sale of 301 stores together with the associated distribution centres and head office.
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News Echo Investment buys Tesco properties in Poland
28
Feb
2020

Echo Investment buys Tesco properties in Poland

by Property Forum
Echo Investment has secured three standing and working first-generation shopping centres belonging to the Tesco Group. Altogether, around 240,000 sqm mixed-use area consisting of office, retail and residential space can be developed on plots located in Poznań, Łódź and Kraków.
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News C&W to commercialise extra retail space for Tesco in Poland
26
Sep
2019

C&W to commercialise extra retail space for Tesco in Poland

by Property Forum
Cushman & Wakefield has been appointed as the exclusive agent to commercialise extra space available following the downsizing of its big-box hypermarkets to a smaller compact hypermarket format.
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Latest news


New leases

  • Heilind, a global distributor of connectors, relays and terminal blocks, has leased around 4,000 sq m of warehouse and office space in Hillwood Mysłowice. The lease transaction was brokered by global real estate services firm Cushman & Wakefield.
  • Siemens Energy has leased 7,500 sqm in the second phase of One Cotroceni Park Office, developed by One United Properties. The lease transaction closed for 10 years was brokered by real estate consultancy JLL Romania.
  • Chairry, a company specializing in fit-out - complete interior design solutions, has leased 240 sqm in UpGround complex in northern Bucharest. The project is owned by Globalworth.

New appointments

  • Garbe Industrial Real Estate CEE expands its teams in the region with the appointments of Veronika Zacha and Jan Hradecky, both are coming from Panattoni. Veronika Zacha is joining as Senior Business Development Manager for Czechia and Jan Hradecky will hold a Project Manager position.
  • Colin King has been appointed Strategic Advisor of Romanian PropTech Bright Spaces. King has worked for over 30 years with large public companies and private mid-cap growth businesses, all with revenue well in excess of £1 billion.
  • Bryan Wilson has left Wilsons as Partner and is now Head Of CEE at DUAL Asset, a London-based comprehensive title insurance solution provider.


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