Promenada extension now open

Retail & leisure
POLAND The latest stage of the renovation of the Atrium Promenada has been completed and includes a number of new stores, a fresh interior and a number of technological innovations.
The work began in 2016 and included the redevelopment of the main arcade and the addition of a 13,000 sqm extension to the building. The centre also has a new food court called ‘Republika Smaku’ as well as a new shopping gallery called ‘Aleja Fontann’ with major fashion stores and showrooms. There are also almost 1,800 parking spaces available to customers. With the opening a number of brands have debuted on the Polish market including home furnishing store Thun and the E
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Latest news

Office & mixed-use development

Romania Equilibrium sold

schedule 04 April 2025
Opr./edited by AH

Skanska has sold the first stage of the Equilibrium office complex in Bucharest to Gordiusz Private Equity Fund for EUR 52 mln. The fund is managed by Gránit Asset Management.

Warehouse & industrial

Poland Małopolska set to grow fast

schedule 04 April 2025
Opr./edited by AH

Małopolska is rapidly expanding its industrial & logistics market, having seen a 148 pct increase in supply over the past five years and becoming a viable alternative to Poland's major logistics hubs, reports Axi Immo.

Retail & leisure

Poland Multi takes on Galeria Przymorze

schedule 04 April 2025
Opr./edited by AH

Multi Poland has taken on the management of the Galeria Przymorze shopping centre in Gdańsk.

Residential

Poland PRS growing rapidly in Poland

schedule 04 April 2025
Opr./edited by ANZ

JLL experts present an analysis of the rental sector along with an outlook for the future. At the end of 2024, there were more than 22,300 units in the PRS sector in Poland, of which around 26 pct were brought to market last year. 

Investment & finance

CEE Region AFI receives EUR 120 mln from EBRD

schedule 04 April 2025
Opr./edited by AH

The European Bank for Reconstruction and Development is providing a regional loan of up to EUR 120 mln to AFI Europe to support its development pipeline across Serbia, Poland, Romania, and the Czech Republic.

Retail & leisure

Poland JD Sports enters Tarnów

schedule 04 April 2025
Opr./edited by AH

JD Sports is entering Gemini Park Tarnów. The store offers lifestyle and sporting clothing and is to open this spring.

Residential

Czech Republic Mint lays out its growth plans

schedule 04 April 2025
Opr./edited by AH

The Mint residential fund is planning to extend its portfolio by 500 apartments in 2025, increasing the value of its assets by CZK 4.5 bln.

Office & mixed-use development

Poland Atlassian moves into Officyna

schedule 04 April 2025
Opr./edited by AH

Australian-based team-management software firm Atlassian, has moved into the Officyna centre in Gdańsk.

Retail & leisure

Romania E-commerce as a major driver

schedule 03 April 2025
Opr./edited by ANZ

According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield, the online commerce continues to be a growth driver for the industrial & logistics real estate sector, generating significant opportunities for developers and investors.

Investment & finance

Poland BIG Poland acquires Power Park Olsztyn

schedule 03 April 2025
Opr./edited by ANZ

BIG Poland has announced the acquisition of Power Park Olsztyn, a shopping centre located in the southern part of Olsztyn. This strategic investment reinforces the company’s commitment to expanding its presence in Poland’s retail sector through high-quality assets.

Warehouse & industrial

Germany Panattoni City Dock Hilden now fully leased

schedule 03 April 2025
Opr./edited by AH

All 17 units of Panattoni City Dock Hilden are now fully leased with the signing of two new tenants. The park comprises almost 27,000 sqm.

Hotels

Poland Condo to be built on the Baltic

schedule 03 April 2025
Opr./edited by AH

Peninsula Property has signed a contract with Doraco to build The Elements Resort, a condohotel in Dźwirzyno on the Baltic sea.

Warehouse & industrial

Poland Accolade takes on BTS project

schedule 03 April 2025
Opr./edited by AH

Accolade is to construct a BTS project in Świdnik for an undisclosed Polish courier firm.

Office & mixed-use development

Romania Henkel enters Equilibrium 2

schedule 02 April 2025
Opr./edited by AH

Consumer chemicals producer Henkel is relocating to the second building of the Equilibrium complex, developed by Skanska in Bucharest's Barbu Văcărescu-Floreasca.

Investment & finance

Poland Syrena sells PRS project in Warsaw

schedule 02 April 2025
Opr./edited by ANZ

Syrena Real Estate has sold its first PRS project at ul. Wolska in Warsaw. The new owner is the Belgian company Xior Student Housing NV. The transaction value was EUR 12 mln, making it the second successful sale of a stabilised PRS project in Poland.

Warehouse & industrial

Poland pbb lends EUR 120 mln to EQT Real Estate

schedule 02 April 2025
Opr./edited by AH

Deutsche Pfandbriefbank AG (pbb) has underwritten an investment facility, totalling EUR 120 mln to refinance a logistics portfolio for EQT Real Estate.

Warehouse & industrial

Poland Igepa Polska leases new space at MLP Łódź

schedule 02 April 2025
Opr./edited by ANZ

Igepa, the paper and visual advertising media distributor, is expanding its cooperation with MLP Group. Under the new agreement, the company has leased approx. 7,650 sqm of space at the MLP Łódź logistics centre, which includes modern offices, a showroom, and a terrace. 

Infrastructure

Poland Tunnel to be built under Baltic

schedule 01 April 2025
Opr./edited by AH

The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the Baltic sea.

Hotels

Europe Marriott plans to expand Four Points by Flex portfolio

schedule 01 April 2025
Opr./edited by AH

Marriott International has announced plans to double its portfolio of Four Points Flex by Sheraton hotels across Europe by the end of 2026.

Investment & finance

Germany KGAL buys office complex in Munich

schedule 01 April 2025
Opr./edited by ANZ

KGAL has acquired the Streitfeld Lofts office complex with 8,400 sqm of rental space and 54 underground parking spaces for one of its institutional special funds. The seller of the property is one of the BlackRock Real Asset Funds.

Latest in Retail & leisure

schedule 04 April 2025

Multi takes on Galeria Przymorze

Multi Poland has taken on the management of the Galeria Przymorze shopping centre in Gdańsk.

schedule 04 April 2025

JD Sports enters Tarnów

JD Sports is entering Gemini Park Tarnów. The store offers lifestyle and sporting clothing and is to open this spring.

schedule 03 April 2025

E-commerce as a major driver

According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield, the online commerce continues to be a growth driver for the industrial & logistics real estate sector, generating significant opportunities for developers and investors.

schedule 11 March 2025

Luxury goods retailers remain active

In 2024, a total of 83 new luxury stores were opened on 20 key premium streets in Europe in 16 cities and 12 countries, according to European Luxury Retail 2025, a study by Cushman & Wakefield. Prague and its Pařížská Street welcomed five new luxury stores, and 2025 is expected to be a record year in this regard.

schedule 05 March 2025

Green light for Projekt Góraszka

Ceetrus, the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts, has obtained a building permit for a mixed-use development.

schedule 24 February 2025

Scallier has plans for Romania

Poznan-based company Scallier is opening another facility under the Funshop Park brand in Romania. The retail park of approx. 10,000 sqm, located in the Arad district, is nearing completion.

schedule 13 February 2025

At the height of luxury

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

schedule 12 February 2025

Largest growth in the last 15 years 

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

schedule 24 January 2025

New retail supply hits its highest in almost a decade

Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

schedule 07 January 2025

Record-breaking year for the Czech market

According to a survey by Cushman & Wakefield, which has been tracking new entries for 11 years, 47 brands entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 brands in 2023. 

schedule 16 December 2024

Redkom plans Świderek in Otwock

A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek. The investment will be led by Redkom Development.

schedule 13 December 2024

Empik revives the former Cepelia pavilion

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

schedule 12 December 2024

Trei opens its 40th retail park

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

schedule 02 December 2024

Biedronka comes to Moje Bielany

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

schedule 29 November 2024

Jubilee M Park opens in Pionki

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

schedule 29 November 2024

Antczak Group to build retail and service complex

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

schedule 21 November 2024

One in seven square metres of retail space to be built in Poland

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

schedule 21 November 2024

Polish retail market performs well

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

schedule 31 October 2024

Physical retail dominates

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

schedule 14 October 2024

Mitiska REIM opens Piteşti centre

Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by Mitiska REIM in the Romanian market over the next two years.

Read flipbook version

Edition 3 (296) March 2025

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