PL

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 Elisabetta Francchi and Pinko fashion brands. Zara and Massimo Dutti have relocated their stores in the centre. Eobuwie has also opened its first store in Warsaw, which is also its second brick-and-mortar store in the country. Additionally a New Balance Metropolitan concept store has opened in the centre while Carrefour a hypermarket.

“Our strategy is to create amazing locations by rebuilding and refining our key centres,” says Scott Dwyer, the COO of Atrium European Real Estate.

Latest news

Eurobuild Awards

POLAND Calling all entries!

schedule 30 September 2020
Eurobuild Conferences

Have you been anxiously waiting for this? Because we have! The nomination process for the 11th Eurobuild Awards is now underway! As usual, the winners will be announced at the Eurobuild Gala in December!

Events

Poland Looking back and forward together

schedule 29 September 2020

Have you been missing all your friends in the sector? Or maybe you’ve actually become fond of meeting them in the virtual world? Either way, you can do both by taking part in the 26th Annual Commercial Property Market Convention in Poland on November 25th!

Warehouse & industrial

Poland Panattoni buys land in Janki

schedule 19 October 2020
Opr./edited by AH

Panattoni has purchased a further 3.14 ha in Janki just outside Warsaw next to the S8, which runs between Wrocław and Białystok.

Warehouse & industrial

EUROPE Warehouse demand from manufacturing doubles in eight years

schedule 16 October 2020
Opr./edited by NN

Europe is to see an additional 11.6 mln sqm of warehouse demand due to the manufacturing sector by the end of 2022, according to Savills, based on Capital Economics’ forecasts.

Retail & leisure

POLAND Poles embracing convenience

schedule 16 October 2020
Opr./edited by NN

The volume of internet sales in Poland has now almost returned to pre-pandemic levels, while at the same time Polish consumers have become more willing to shop in convenience centres in smaller retail formats, according to JLL.

Office & mixed-use development

POLAND Tenants happy in Prosta Office Centre

schedule 16 October 2020
Opr./edited by NN

Renegotiations have been successfully signed with a number of tenants covering a combined 2,013 sqm of office and retail space in Prosta Office Centre in Warsaw.

Eurobuild Awards

POLAND Stellar space

schedule 16 October 2020
Eurobuild Conferences

Have you developed a commercial building in the last twelve months? Then allow it to be judged by top market experts in the competition for Building of the Year in one of six categories for four real estate sectors!

Office & mixed-use development

Hungary Demand down 59 pct for Budapest offices

schedule 16 October 2020

According to the Budapest Research Forum, in the third quarter of 2020, 59,785 sqm of new office space was delivered to the Budapest office market in four projects.

Retail & leisure

Poland Convenience centres continue to grow

schedule 16 October 2020
Opr./edited by AH

The retail park segment in Poland has continued to grow despite the Covid-19 pandemic, according to the latest findings published jointly by JLL and Trei.

Investment & finance

WORLD PineBridge poised to take over Benson Elliot

schedule 16 October 2020
Nathan North
deputy editor

Global asset manager PineBridge Investments is about to acquire UK-based private equity real estate fund Benson Elliot Capital Management.

Office & mixed-use development

Poland BNI moves to WTT

schedule 15 October 2020
Opr./edited by AH

BNI Polska is moving out of Spektrum Tower to the Warsaw Trade Tower where it has leased almost 1,000 sqm.

Residential

Poland Yareal looks on the positives

schedule 15 October 2020
Opr./edited by AH

Yareal is starting construction of the second stage of its Pozytywny Mokotów development in Warsaw.

Office & mixed-use development

ROMANIA MassMutual leases 1,300 sqm in Orhideea Towers

schedule 15 October 2020
Opr./edited by NN

American insurance company MassMutual has leased 1,300 sqm for its global business centre in Orhideea Towers in Bucharest.

Office & mixed-use development

EMEA REGION EMEA flexes its office muscles

schedule 15 October 2020
Opr./edited by NN

EMEA markets with low levels of existing flexible workspace saw the greatest growth in flex office operations over H1 2020, according to research by Colliers International.

Investment & finance

SLOVAKIA EUR 105 mln loan for Eurovea extension

schedule 15 October 2020
Nathan North
deputy editor

J&T Real Estate has obtained a EUR 105 mln syndicated loan from VÚB banka and UniCredit Bank for the construction of the residential section of the extension to its large-scale Eurovea mixed-use development in Bratislava.

Office & mixed-use development

HUNGARY BT bets on Budapest One

schedule 15 October 2020
Nathan North
deputy editor

British Telecom is to move its regional business services centre to the Budapest One office park, which is being developed by Futureal.

Warehouse & industrial

POLAND Savills comes to Katowice

schedule 14 October 2020
Opr./edited by NN

Commercial real estate advisory Savills has opened an office in Katowice. Its new regional office will serve clients looking for modern office and industrial space in Silesia and also be used for providing services to landlords.

Warehouse & industrial

POLAND Panattoni to build hi-tech plant for Danfoss in Grodzisk

schedule 14 October 2020
Opr./edited by NN

Panattoni has started construction work on a factory for the Polish subsidiary of Danfoss in Grodzisk Mazowiecki, about 40 km west of Warsaw. The 12,950 sqm building will be equipped with several environmentally friendly systems to make it highly energy-efficient and also provide improved conditions for the workforce of around 400 people.

Eurobuild Awards

POLAND The selection process for the Developers of the Year is underway!

schedule 14 October 2020
Eurobuild Conferences

As usual, this year Eurobuild will be honouring the best developers who are active in Poland and the Central and Eastern European region. We’re looking for the real stars of the sector!

Events

EUROPE Expo Real cancelled

schedule 13 October 2020
Nathan North
deputy editor

The Expo Real Hybrid Summit in Munich that was to have taken place on October 14th and 15th has been cancelled just two days before the real estate fair, due to the worsening Covid-19 situation in the city.

Latest in Retail & leisure

schedule 16 October 2020

Poles embracing convenience

The volume of internet sales in Poland has now almost returned to pre-pandemic levels, while at the same time Polish consumers have become more willing to shop in convenience centres in smaller retail formats, according to JLL.

schedule 16 October 2020

Convenience centres continue to grow

The retail park segment in Poland has continued to grow despite the Covid-19 pandemic, according to the latest findings published jointly by JLL and Trei.

schedule 08 October 2020

Zara comes to Etele

Inditex has signed leases for all its brands to open stores in Etele Plaza in Budapest.

schedule 05 October 2020

Trei up to 19 Vendo parks with opening in Częstochowa

Trei Real Estate is soon to open its 19th retail park under the Vendo Park brand in Poland.

schedule 30 September 2020

Globalworth granted permit to renovate Renoma

Globalworth has been granted a permit to renovate and rebuild the Renoma Department Store in Wrocław.

schedule 30 September 2020

Exercise all day from October in Origo shopping centre

Self-service fitness club chain Gym! – a subsidiary of the MyFitness group – is to open its first gym outside Estonia in October.

schedule 25 September 2020

Stars to stay in Plejada

Thirty-four tenants have renewed their leases in Plejada Sosnowiec in Silesia, amounting to 9,000 sqm of the shopping centre’s total area.

schedule 22 September 2020

Lidl into Homepark Targówek

Lidl is to open a 2,017 sqm store in the Homepark Targówek retail park in Warsaw's Targówek district.

schedule 22 September 2020

Galeria Andrychów 85 pct leased

Galeria Andrychów in southern Poland – the second joint ‘power centre’ project by Acteeum and Equilis – is already 85 pct leased prior to its scheduled opening in H2 2021.

schedule 11 September 2020

Retail parks on the march

Retail parks have been the biggest beneficiaries of the structural changes to the Polish retail market over the last decade and will continue to take a larger share of the market during and beyond the pandemic, according to research by consultancy JLL and retail park developer Trei Real Estate Poland.

schedule 07 September 2020

Two new faces for Morski Park Handlowy

Carpet and flooring retailer Arte and bedroom furnishings store Pan Materac have leased a combined area of more than 1,200 sqm in Morski Park Handlowy in Gdańsk.

schedule 04 September 2020

Morski Park Handlowy goes more electronic

Electronic and household goods retailer RTV Euro AGD is the latest brand to appear in the expanding Morski Park Handlowy retail park in Gdańsk.

schedule 31 August 2020

Auchan goes to the petrol pump

Filling station operator OMV Petrom and Auchan Retail have announced an agreement to extend their partnership to open MyAuchan proximity stores in Petrom's stations.

schedule 27 August 2020

RC Europe builds Nest in Oradea

Czech developer RC Europe has opened a Nest retail park in Oradea in northwest Romania.

schedule 26 August 2020

Two tenants in Galeria Dębiec

Two leases have been signed for space in the Galeria Dębiec shopping centre in Poznań. Organic Fitness has already opened up a 1,000 sqm fitness club and a 50 sqm SuperVista optician's will open under the brand name Brillen.pl.

schedule 26 August 2020

Scallier to develop Romanian retail park chain

Polish company Scallier has announced plans to develop a chain of six retail parks in Romania.

schedule 21 August 2020

Happy 18th for Trei

Trei Real Estate has opened its 18th Vendo Park in Poland. The retail park is situated in Solec Kujawski in the Kuyavian-Pomeranian province in the north of the country.

schedule 20 August 2020

Târgoviște mall opens

Dâmboviţa Mall in Târgoviște, 80 km northwest of Bucharest, has today opened its doors to shoppers for the first time.

schedule 10 August 2020

Sofia retail rents set to keep on sliding – Colliers

The amount of absorbed retail space in Sofia in H1 decreased by 30 pct compared to H2 2019 to just over 9,000 sqm, according to Colliers International.

schedule 03 August 2020

Safer shopping in all Via Outlets centres

Via Outlets has bestowed its newly-devised ‘Safer Shopping’ certified on all eleven outlet centres in its network.

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