PL

ROMANIA Fashion House opens second Bucharest outlet centre

Retail & leisure
Fashion House Group has opened a new outlet centre in Pallady, east of Bucharest. The EUR 25 mln investment is the group’s second outlet centre in the Romanian capital.
Fashion House Outlet Centre Pallady, the first new outlet centre to open on mainland Europe this year, has an area of 12,000 sqm, which includes 62 stores, a children’s play area and restaurants. More than 100 new jobs have been created through the opening of the first phase. The work on the second and final phase is to begin in 2022. The brands that can be bought in the centre – for discounts of up to 70 pct – include Puma, Killtec, Tom Tailor, Lee Cooper, Triumph, Otter, Si
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Latest news

Office & mixed-use development

Poland Modernisation on an XXL scale

schedule 30 January 2025
Anna Zamyłka

We talk to Karol Klin, who has recently joined the Cornerstone Investment Management team, taking on the role of commercial real estate director, and has also taken on the coordination of the leasing of the V Tower development as leasing director at the project's special purpose vehicle.

Warehouse & industrial

Germany Panattoni builds on brownfield site near Munich

schedule 30 January 2025
Opr./edited by ANZ

Panattoni is building a logistics centre for Repa in Unterschleißheim near Munich. A 32,600 sqm building will be constructed on a 54,400 sqm plot.

Office & mixed-use development

Poland Arup stays in Korona

schedule 30 January 2025
Opr./edited by JC

GTC has extended its lease agreement with Arup, an engineering and consulting firm. The company also carried out an renovation of the leased space in Kraków's Korona Office Complex.

Office & mixed-use development

Poland Big moves for Alior

schedule 30 January 2025
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Alior Bank will move its Warsaw headquarters and Kraków office to new locations. The company will occupy spaces in Varso Place and Ocean Office Park B.

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Germany Patron Capital and Inbright acquire two new properties

schedule 30 January 2025
Opr./edited by ANZ

Patron Capital and its partner Inbright have acquired two new properties as part of their light industrial programme, which is aiming to create a EUR 250 mln portfolio of sustainably focused light industrial assets in key locations across Germany.

Events

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schedule 29 January 2025
Opr./edited by ANZ

Two projects by the Echo-Archicom Group have made it to the final of the MIPIM Awards. Łódź's Fuzja and Warsaw's Towarowa22 are the only Polish investments nominated in this year's edition.

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Sweden Panattoni enlarges its  Swedish portfolio 

schedule 29 January 2025
Opr./edited by ANZ

Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.

Warehouse & industrial

Niemcy Between Cologne and Frankfurt

schedule 29 January 2025
Opr./edited by JC

P3 begins construction of the P3 Pfalzfeld logistics park. The facility will have 23,000 sqm.

Warehouse & industrial

Germany Garbe secures site near Hildesheim

schedule 29 January 2025
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Germany Lombardhaus changes hands

schedule 29 January 2025
Opr./edited by JC

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Investment & finance

Poland Develia buys land in the centre of Wrocław

schedule 28 January 2025
Opr./edited by ANZ

Develia has bought land at ul. Orląt Lwowskich in Wrocław. The developer plans to develop a dormitory with around 600 rooms and two service units on it. Develia acquired the property from the Puro Hotels financial group for PLN 40.6 mln.

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Germany Pamera went shopping

schedule 28 January 2025
Opr./edited by JC

Pamera Real Estate Partners concluded 2024 with the acquisition of two additional properties valued at approx. EUR 40 mln. One of the assets is a medical centre located in the Grosshadern district of Munich.

Investment & finance

CEE Summus Capital: Boldness from the Baltics

schedule 28 January 2025
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Office & mixed-use development

Germany Silverton lets office space in Meerbusch

schedule 28 January 2025
Opr./edited by ANZ

The Silverton Group has agreed to a long-term lease of around 950 sqm of office space in the property near Düsseldorf to Gel Express Logistik. The office building at Otto-Hahn-Strasse in Meerbusch provides a total lettable area of around 3,100 sqm.

Investment & finance

Germany Garbe and Sidra Capital form joint venture

schedule 28 January 2025
Opr./edited by ANZ

Garbe has formed a strategic partnership with Sidra Capital, a Middle Eastern investment manager with a global portfolio. The joint venture’s objective is the acquisition of light industrial and logistics real estate in Germany within the framework of sale-and-leaseback transactions.

Warehouse & industrial

Poland FroGum takes 10,000 sqm from MLP

schedule 28 January 2025
Opr./edited by ANZ

The distributor of car accessories has joined the tenants of the MLP Pruszków II logistics centre. The company has leased 10,000 sqm of warehouse space with immediate access.

Investment & finance

Czech Republic Industrial partnership in Ostrava

schedule 27 January 2025
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Panattoni, together with Accolade, has acquired a plot of land near the airport in Ostrava. The 38-hectare site will create 120,000 sqm of new industrial and warehouse space.

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Poland Douglas moves into CTPark Warsaw South

schedule 27 January 2025
Opr./edited by JC

CTP has signed a 10-year lease for over 46,200 sqm of warehouse and office space at CTPark Warsaw South with Douglas, the European company operating in the omnichannel premium beauty segment.

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POLAND The man behind the year's biggest deal

schedule 24 January 2025
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Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But at the end of the year, the Swedish investor pulled off a major coup with the biggest office acquisition of 2024 when it added Warsaw Unit to its portfolio. So, we spoke to Kestutis Sasnauskas, the CEO of Eastnine, to find out more about this spectacular transaction and the company’s future plans

Office & mixed-use development

Germany CMS law firm stays with Patrizia

schedule 24 January 2025
Opr./edited by ANZ

Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.

Latest in Retail & leisure

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

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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.

schedule 27 September 2024

Wonder of Woolies in Słoneczna

German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.

schedule 16 September 2024

Another field for Refield

Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.

schedule 09 September 2024

Smart Park sold to Newgate

Newgate Investment has acquired a completed retail park in Zgorzelec with over 5,400 sqm GLA. The seller was Smart Park Poland.

schedule 05 September 2024

One Gallery, one museum

One United Properties is carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a mixed-use space. In addition to offices and a food market concept, One Gallery will feature a museum area, as well as a multifunctional hall.

schedule 04 September 2024

Giant welcomes first guests

San Park Piaseczno, a retail park developed by Ed San III Sancak, has been officially opened. The complex offers a total of more than 40 shops and service outlets.

schedule 29 August 2024

Shopping centres fuell the development activity

According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.

schedule 27 August 2024

San Park Piaseczno is ready 

San Park Piaseczno, the largest retail park currently under construction in the Mazovia voivodship, will open on 4 September. The retail park, offering a total of nearly 40 shops of brands from many sectors, was fully commercialised a few weeks before the opening.

schedule 23 August 2024

Shoppers flock to Big Gorzów

The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It will serve 160,000 buyers from the city and the region. On the day of the opening, around 10,000 visitors had visited by 2 pm.

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Edition 1 (295) January 2025

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