PL

Strong result for Les Mousquietaires

Retail & leisure
POLAND Over the January to September period the Les Mousquetaires group registered a turnover of PLN 5.7 bln.

The Intermarché chain including the petrol stations that have been built next to many of its stores registered a turnover of almost PLN 3.8 bln. The chain has recently opened another three petrol stations: in Działdowo, Gorzów Wielkopolski and Przemków. Intermarché plans to eventually open a petrol station at every supermarket. “The results we achieved result from the changes that we have been gradually introducing to the Intermarché chain,” says Marc Dherment, the managing director of the Les Mousquetaires group in Poland. The Bricomarché chain also had a good period. In the last three quarters with a turnover that came to almost PLN 1.9 bln a rise of over 11 pct on the previous year. The chain also opened a new store in Aleksandrów Kujawski on September 18th.

Latest news

Office & mixed-use development

POLAND Wave approval waved through

schedule 09 July 2020
Opr./edited by NN

The Wave office building, which has just been completed by Skanska in Gdańsk’s Oliwa district, has been approved for use.

Warehouse & industrial

CEE REGION CEE-6 manufacturing powers into contention

schedule 09 July 2020
Opr./edited by NN

The CEE-6’s share of EU manufacturing output has more than doubled since 2004, when the first group of these countries joined the European Union, according to research by Colliers International.

Office & mixed-use development

POLAND Warsaw office pipeline half pre-leased

schedule 09 July 2020
Opr./edited by NN

Around 50 pct of the 704,000 sqm of office space currently under construction in Warsaw has been pre-leased, according to real estate advisory Cresa.

Office & mixed-use development

CEE REGION Office occupiers set to embrace hybrid models

schedule 09 July 2020
Opr./edited by NN

The total modern office stock in the 14 CEE capital cities at the end of Q1 2020 amounted to almost 26.4 mln sqm, according to Colliers International’s ExCEEding Borders Office Snapshot survey of the region’s main office markets.

Office & mixed-use development

ROMANIA Lockdown leases of 25,000 sqm for Globalworth

schedule 09 July 2020
Opr./edited by NN

Globalworth has signed contracts for more than 25,000 sqm of office space in Bucharest in the last three months, despite the pandemic and social distancing measures.

Retail & leisure

POLAND Mall footfall bounces back

schedule 09 July 2020
Nathan North
deputy editor

The Polish Council of Shopping Centres (PRCH) has published its latest average weekly footfall figures for centres across Poland.

Retail & leisure

SERBIA Pepco launches into Serbia

schedule 08 July 2020
Nathan North
deputy editor

Polish discount store chain Pepco is entering the Serbian market, where it plans to open in 30 locations in its first year of operations.

Construction

EUROPE Construction mood starts to recover – GlobalData

schedule 08 July 2020
Opr./edited by NN

The European construction industry expected to recover in second half of 2020, according to data and analytics specialists GlobalData.

Property and Facility Management

POLAND Globalworth adds Rondo Business Park to PM list

schedule 08 July 2020
Nathan North
deputy editor

Rondo Business Park in Kraków is to be managed by Globalworth’s in-house team from July.

Events

Poland Changing with the times

schedule 08 July 2020
Eurobuild CEE

Summer at Eurobuild has never been so hot! We have a new editor, a new website, and soon we’ll be moving to our new headquarters. And, with the announcement of their rescheduled dates, a lot of heat and excitement are being generated for our sports tournaments!

Investment & finance

EUROPE Industrial yields fall below retail for first time

schedule 08 July 2020
Opr./edited by NN

Average prime industrial and prime shopping centre yields across mainland Europe have converged for the first time in recorded history, as demand for logistics soars due to the e-commerce boom, according to research by Savills.

Events

POLAND Blue skies return for golf

schedule 08 July 2020

Great news for those who were disappointed by the cancellation of Eurobuild’s annual golf tournament – it’s now back on! And it will be taking place very soon, on September 11th in Rajszew just outside Warsaw.

Warehouse & industrial

Czech Republic Czech most attractive European manufacturing hub – C&W

schedule 08 July 2020
Opr./edited by NN

The Czech Republic is the most attractive European manufacturing hub and the fourth most attractive globally, according to Cushman & Wakefield’s annual Global Manufacturing Risk Index.

Office & mixed-use development

CZECH REPUBLIC Building B more beautiful for BB Centrum

schedule 08 July 2020
Opr./edited by NN

The recently renovated building B of BB Centrum in Prague 4 has been approved for use.

Events

POLAND Tennis is back in the game!

schedule 08 July 2020

Great news for tennis fans. Eurobuild’s 15th Annual Tennis Tournament, which unfortunately had to be postponed because of the pandemic, will now take place on September 11th at the Warszawianka Tennis Club.

Investment & finance

ROMANIA NEPI Rockcastle portfolio sale hits the rocks

schedule 07 July 2020
Nathan North
deputy editor

AFI Europe’s EUR 300 mln deal to buy NEPI Rockcastle’s Romanian office portfolio has fallen through with the seller insisting that Covid-19 restrictions have prevented the purchase – a claim denied by NEPI Rockcastle, which is now demanding EUR 15 mln compensation from the Israeli-owned company.

Warehouse & industrial

POLAND Dot2Dot packed into 7R Park Gdańsk II

schedule 07 July 2020
Opr./edited by NN

Cardboard packaging company Dot2Dot is to move into the 7R Park Gdańsk II complex, where it will have a production line, warehousing and its head office.

Green projects

LATVIA EIB agrees eco-funds for Verde

schedule 06 July 2020
Nathan North
deputy editor

The European Investment Bank (EIB) has approved a grant for the Verde business centre complex in Riga, developed by SBA Group company Capitalica Asset Management.

Investment & finance

ESTONIA East Capital fund buys SEB HQ for EUR 45.75 mln

schedule 06 July 2020
Nathan North
deputy editor

East Capital Real Estate IV has acquired SEB's head office in central Tallinn from Partners Group and Northern Horizon for EUR 45.75 mln.

Residential

POLAND/HUNGARY Cordia cashes in EUR 38 mln from Polnord takeover

schedule 03 July 2020
Opr./edited by NN

Cordia is set to make a profit of EUR 38.2 mln (app. PLN 170.4 mln or HUF 13.6 bln) from its acquisition this year of a 93 pct stake in Polish residential developer Polnord.

Latest in Retail & leisure

schedule 09 July 2020

Mall footfall bounces back

The Polish Council of Shopping Centres (PRCH) has published its latest average weekly footfall figures for centres across Poland.

schedule 08 July 2020

Pepco launches into Serbia

Polish discount store chain Pepco is entering the Serbian market, where it plans to open in 30 locations in its first year of operations.

schedule 23 June 2020

S Immo back in business

Stores, restaurants and hotels have opened again in nearly all of the markets in which the listed real estate investment company S Immo operates.

schedule 15 June 2020

Neinver ceritifies centres against Covid-19

EUROPE Neinver has reached an agreement with international inspection, verification, testing and certification company SGS to validate its safety protocols for minimising the spread of Covid-19 in the retail centres it operates in Germany, Spain, Italy and Poland.

schedule 08 June 2020

Stop Shop Siedlce opens up some more

POLAND With the recent restart of Polish retail trade, many of the stores in Stop Shop in Siedlce have been opened for the first time.

schedule 04 June 2020

Spektrum becomes visible

CZECH REPUBLIC CPI Property Group’s redevelopment of the Spektrum shopping centre in Čestlice in Prague’s southeastern outskirts is now taking shape.

schedule 04 June 2020

Trei reaches seventeen

POLAND Trei Real Estate has opened its seventeenth Vendo Park in Poland – in Płock.

schedule 26 May 2020

KappAhl returns to Silesia with Libero opening

POLAND Swedish clothing brand KappAhl has opened a 550 sqm store in the Libero shopping centre in Katowice.

schedule 26 May 2020

Four-fifths of Polish shoppers feel safe in malls

POLAND In a study conducted by research body Inquiry for the Polish Council of Shopping Centres (PRCH), 51 pct of those surveyed visited shopping centres in the first week after they reopened with the lifting of certain pandemic measures.

schedule 22 May 2020

Two more in Kasztelania

POLAND Two more tenants have signed up for space in PH Kasztelania shopping centre in Chrzanów ion Małopolska, which is now close to completion.

schedule 21 May 2020

Aleja finally opens its main doors

SLOVENIA The Aleja shopping centre in Ljubljana has finally opened after a two-month postponement due to the Covid-19 pandemic.

schedule 21 May 2020

Târgu Mureș mall opening put back to Q3

ROMANIA NEPI Rockcastle has announced that the opening of Shopping City Târgu Mureș, which was originally scheduled for the end of March, will now take place in the third quarter of the year, when Covid-19 restrictions on retail are expected to have been lifted.

schedule 14 May 2020

Emphatic return for CCC in Kalisz

POLAND CCC has reopened a larger store in a different location in the Galeria Tęcza shopping centre in Kalisz in Wielkopolska.

schedule 09 May 2020

Reopening and renaming for Factory Gliwice

POLAND The Silesia Outlet centre has been reopened and renamed Factory Gliwice.

schedule 06 May 2020

PRCH pleads for return of Sunday trading

POLAND The Polish Council of Shopping Centres (PRCH) has appealed to the Polish government to raise the ban on Sunday trading and to redeem and cancel 2020/21 property and shopping centre taxes payment to allow the retail sector to recover from the Covid-19 lockdown.

schedule 07 April 2020

Siedlce Stop Shop opens with three stores

POLAND Biedronka, Hebe and Dealz opened their first stores in Siedlce with the official opening of the Stop Shop Siedlce retail park on March 26th.

schedule 07 April 2020

Galeria Chełm (partly) opens

POLAND Only three stores have been able to open in the Galeria Chełm shopping centre, which had been scheduled to open in its entirety March 26th.

schedule 02 April 2020

Gulliver's latest adventure

BELARUS At the end of April, there will be a second tender for the completion of one of the most famous unfinished projects in Minsk – the Gulliver[n1] shopping and entertainment centre. The tender will take place on the Economy Ministry’s internet platform. [n1]check

schedule 01 April 2020

Saller starts Kutno project second stage

POLAND Wrocław-based Saller Group has started development work on the second stage of a retail park in Kutno.

schedule 27 March 2020

Douglas goes more virtual

WORLD Douglas now uses SAP software systems for personalising its online range and updating it in real time.

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