PL

Changes in Galeria Echo

Retail & leisure
POLAND Recently Pako Lorente has opened a 100 sqm store in the Galeria Echo shopping centre in Kielce owned by EPP.

Other stores to debut recently in the centre include Tezenis (186 sqm) and Tatuum (148 sqm) and the stores that have recently increased the size of their leases include Orsay (357 sqm), Adidas (268 sqm), Pepco (640 sqm) and Medicine (560 sqm).

“We are constantly looking to create a unique and surprising shopping experience of our clients and raising our standards by introducing new brands and enlarging popular concepts. Soon, we are to start modernising our food court, which will have a unique design and become a place where our customers will find an even greater selection of dishes,” says Grzegorz Czekaj, the director of Galeria Echo. The centre has more than 71,500 sqm gla with 250 stores and service units including a cinema, a fitness studio and a bowling alley.

Latest news

Warehouse & industrial

GERMANY MLP Group starts work on Berlin park

schedule 12 August 2020
Opr./edited by NN

Polish warehousing developer MLP Group is about to start the construction of MLP Business Park Berlin I, a city logistics project located to the south of the city.

Office & mixed-use development

POLAND Kajima completes Oponeo HQ

schedule 12 August 2020
Opr./edited by NN

Kajima Poland has completed the extension and reconstruction of the Bydgoszcz headquarters of tyre e-retailer Oponeo.pl.

Office & mixed-use development

POLAND Polish office market surviving but set for a correction – C&W

schedule 12 August 2020
Opr./edited by NN

The total office stock in Poland’s nine largest cities grew by 6 pct y-o-y in H1 2020, despite the lockdown, according to research by Cushman & Wakefield.

Technology

Poland Robot blasts germs with UV

schedule 11 August 2020

The first Polish robot to use UV-C light for disinfection has been put to use in a hospital in Wrocław.

Technology

Poland Robots replace dinner ladies

schedule 11 August 2020

The first fully automated canteen in Poland is to open in Sky Tower in Wrocław.

Property and Facility Management

CZECH REPUBLIC Savills for Cimex again

schedule 11 August 2020
Opr./edited by NN

Cimex Group has appointed Savills as the property and leasing manager for twelve commercial properties across the Czech Republic.

Warehouse & industrial

Poland Work to start on City Logistics Warsaw Airport II

schedule 11 August 2020
Opr./edited by AH

Panattoni has just announced a Warsaw development, which is to be built on a 1.9 ha site next to the S7 junction with the S8 expressway around six kilometres from Warsaw's Chopin Airport. City Logistics Warsaw Airport II, which is to be built on Warsaw's city limits, will have an area of 9,000 sqm and construction work is to begin in August.

Investment & finance

HUNGARY CPI raises HUF 30 bln from green bonds

schedule 10 August 2020
Opr./edited by NN

Czech real estate developer CPI Property Group auctioned HUF 30 bln (app. EUR 86 mln) of senior unsecured green bonds with a ten-year bullet maturity on August 5th.

Warehouse & industrial

POLAND Warehouse vacancy creeps up

schedule 10 August 2020
Opr./edited by NN

Both warehouse take-up and supply reached high levels in H1 2020 in Poland, according to Cushman & Wakefield's latest report on the Polish industrial market.

Interior design

POLAND C&W shows off new Hub HQ

schedule 10 August 2020
Opr./edited by NN

Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.

Office & mixed-use development

POLAND Pretty unvacant in the TriCity

schedule 10 August 2020
Opr./edited by NN

The TriCity office market now has the lowest vacancy of all the major cities in Poland, according to Walter Herz.

Green projects

Hungary LEED Gold for BudaPart

schedule 10 August 2020
Opr./edited by AH

The first office building within Property Market's BudaPart development in Budapest has been awarded LEED 'Gold' certification.

Retail & leisure

BULGARIA Sofia retail rents set to keep on sliding – Colliers

schedule 10 August 2020
Opr./edited by NN

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.

Investment & finance

SLOVAKIA Slovak investment weathers the storm

schedule 10 August 2020
Opr./edited by NN

The H1 2020 investment volume in Slovakia reached EUR 432 mln – a 66 pct increase on the same period last year, according to CBRE.

Public buildings

SERBIA Sava Centar on sale for EUR 27.42 mln

schedule 07 August 2020
Nathan North
deputy editor

The City of Belgrade has put the Sava Centar congress hall up for auction with a starting price of EUR 27.42 mln.

Public buildings

LATVIA Corner House in Riga up for sale

schedule 07 August 2020
Opr./edited by NN

VNĪ, the Latvian state real estate company, is putting up for sale Tetera House (or the Corner House) in Riga.

Investment & finance

ROMANIA Romanian investment shakes off sluggishness

schedule 07 August 2020
Nathan North
deputy editor

Around EUR 408 mln was transacted on Romanian in H1 2020 – an 18 pct y-o-y increase, despite the pandemic, according to Colliers International’s latest Romanian market update.

Office & mixed-use development

HUNGARY Skanska to begin H20ffices in Budapest

schedule 07 August 2020
Opr./edited by NN

Skanska has announced that it will be starting work on its H2Offices development in central Budapest this quarter.

Office & mixed-use development

POLAND BGK finds the right Alchemia

schedule 07 August 2020
Opr./edited by NN

Bank Gospodarstwa Krajowego (BGK) has leased 550 sqm of office space for its new regional office in the Aurum building in the Alchemia complex in Gdańsk.

Warehouse & industrial

POLAND Polish warehouses in record-breaking form in H1

schedule 07 August 2020
Opr./edited by NN

The Polish warehouse market maintained its robust momentum with a record 2.38 mln sqm leased on the Polish warehouse market in H1, according to Axi Immo’s ‘Polish Warehouse Market in H1 2020’ report.

Latest in Retail & leisure

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.

schedule 03 August 2020

Auchan signs 12-year extension for 83,000 sqm gla with Chariot

Auchan Poland has signed a twelve-year extension to its lease of six retail properties in the country totalling 83,000 sqm gla.

schedule 29 July 2020

Sinsay sashays into the Colosseum

Polish brand Sinsay, which is owned by the LPP group, is to open a 2,000 sqm store in Colosseum Mall in Bucharest’s 1st district.

schedule 24 July 2020

Trad retail still set to play a major role – Colliers

In H1 2020 app. 135,000 sqm of shopping centre space was added to the Polish market, bringing the total stock up to 12.2 mln sqm, according to Colliers International.

schedule 23 July 2020

Poles heading back to malls

July 13–19th was the first week in which the number of visitors to shopping centres on working days did not fall below 80 pct of last year's figures, according to the Polish Council of Shopping Centres (PRCH), confirming that Poles are eager to return to traditional retail.

schedule 22 July 2020

New faces in Galeria Młociny and Galaxy

Three new brands have opened stores in the Galeria Młociny shopping centre in Warsaw’s Bielany district.

schedule 22 July 2020

Sinsay sashays into Futura Kraków

Fashion retailer Sinsay is to open a store designed according to its latest concept in the Futura retail park in Kraków.

schedule 21 July 2020

Târgu Mureș mall opens after Covid delay

NEPI Rockcastle has finally opened Shopping City Târgu Mureș in Transylvania, its 20th Romania mall.

schedule 15 July 2020

Colosseum Mall opening moved to 2021

The opening of Colosseum Mall in Bucharest’s 1st district has been rescheduled to 2021 due to the pandemic, having been initially planned for the end of this year.

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

Trei reaches seventeen

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

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 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 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 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.

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