PL

ROMANIA Scallier secures permit for fifth Romania retail park

Retail & leisure
Polish retail developer Scallier has received its latest building permit for the development of its Funshop Park network in Romania – for a retail park in the eastern town of Vaslui.

The permit is for the construction of a 9,975 sqm retail park, which is scheduled to come into use in 2022. More than 4,000 sqm of the space has already been leased, to such brands as New Yorker, Hervis, Designer Outlet and Zoo Center, while advanced talks with other tenants are underway.

This will be the fifth such centre opened by Scallier, following the openings of Funshop Parks in Roșiorii de Vede and Focșani last year and the eventual openings of two parks under construction in Turda and Timișoara. Scallier aims to achieve BREEAM certification for all its retail parks.

We are consistently rolling out our plan for the development of retail parks in Romanian cities, building a balanced portfolio that generates stable income based on contracts with recognised international and local brands. Our properties are tailored to local conditions as much as possible and are of great interest to retail chains: the space in our centres are leased before they come into use, so that when they are opened, we can offer consumers an interesting and complementary offer that meets their basic needs.
Wojciech Jurga, the managing partner of Scallier responsible for its development in Romania

Vaslui has a population of around 50,000.

Latest news

Warehouse & industrial

POLAND Bidfood first into biggest Prologis spec shed

schedule 27 January 2023
Opr./edited by NN

Catering products supplier Bidfood Farutex has become the first tenant of Prologis’ largest ever speculative building, having leased 9,795 sqm at Prologis Park Wrocław III.

Office & mixed-use development

Poland Interest and optimisation

schedule 27 January 2023
Opr./edited by ANZ

In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.

Retail & leisure

POLAND Forum Gdańsk has new manager

schedule 27 January 2023
Opr./edited by ANZ

In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting services for the Forum Gdańsk shopping centre, owned by NEPI Rockcastle.

Retail & leisure

POLAND Dawna Fabryka to replace former factory

schedule 26 January 2023
Opr./edited by NN

The Dawna Fabryka retail park is to be built on the site of the former ZREMB Foundry near the centre of Jelenia Góra in southwestern Poland.

Investment & finance

CZECH / SLOVAKIA Arete not stopping after EUR 100 mln loan

schedule 26 January 2023
Opr./edited by NN

Czech industrial real estate investor and developer Arete is to receive more than EUR 100 mln (CZK 2.5 bln) in financing for its portfolio from a consortium of banks made up of Česká spořitelna and Slovenská sporiteľňa.

Investment & finance

CENTRAL EUROPE EUR 40 mln in debt financing for Trei

schedule 26 January 2023
Opr./edited by NN

German residential and retail developer and asset manager Trei Real Estate has obtained EUR 40 mln in debt funding from Berlin Hyp.

Office & mixed-use development

HUNGARY Orbico drinks in H2Offices

schedule 26 January 2023
Opr./edited by NN

Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.

Investment & finance

Poland Investing in times of uncertainty

schedule 26 January 2023
Opr./edited by ANZ

The investment volume of 2022 was shaped by five large deals, which accounted for 40 pct of the total result. Market liquidity fell by 27 pct, from a record 166 transactions in 2021 to 122 completed in 2022, according to experts at Avison Young.

Warehouse & industrial

Poland Panattoni to start latest giant Poznań project

schedule 26 January 2023
Opr./edited by ANZ

Panattoni has purchased a 35 ha plot for the development of Panattoni Park Poznań A2. Construction work on the complex, which has a target area of almost 150,000 sqm, is to start as early as February.

Investment & finance

Poland Develia sells Wola Retro

schedule 26 January 2023
Opr./edited by ANZ

Develia has signed a preliminary agreement for the sale of Wola Retro office building in Warsaw. The buyer is WR Office, owned by an investment fund managed by Adventum Group. The sale price was set at EUR 69.8 mln, or app. PLN 328.6 mln.

Investment & finance

Poland A heritage site for 1 percent

schedule 25 January 2023
Opr./edited by ANZ

Szczecin is putting up for sale the building of a historic oil mill, which could be transformed into an interesting mix-use project. The property can be purchased with a 99 pct. discount on the net sale price.

Warehouse & industrial

Romania LPP and CTP join forces at CTPark Bucharest West

schedule 25 January 2023
Opr./edited by ANZ

LPP has leased a 65,000 sqm facility at CTPark Bucharest West distribution and logistics centre. The deal represents the first partnership between Poland’s LPP and CTP in Europe.

Warehouse & industrial

Polska The Panattoni Park West Gate fills up

schedule 25 January 2023
Opr./edited by ANZ

Panattoni Park Poznań West Gate is nearing full commercialization - the developer has already leased around 58,000 sqm in the facility, which has a total area of 61,000 sqm. Nearly 10,500 sqm is used by DFDS, a company offering transport and logistics services.

Warehouse & industrial

Czech Republic Tailor-made 10k for Taconova

schedule 25 January 2023
Opr./edited by ANZ

Garbe is to start work on Garbe Park České Budějovice near the South Bohemian city, following the conclusion of a deal with German hydronic heating specialist Taconova to lease almost 10,500 sqm of space in the park. Another 9,500 sqm of logistics space is at the same time to be developed speculatively.

Office & mixed-use development

POLAND Aterima at home in B4B

schedule 24 January 2023
Opr./edited by NN

Senior and disabled persons home care provider Aterima Group has prolonged and extended its lease in Bonarka for Business in Kraków.

Office & mixed-use development

POLAND Schneider Electric still buzzing in Park Rozwoju

schedule 24 January 2023
Opr./edited by NN

Schneider Electric Polska renegotiated the contract and extended its lease of 8,500 sqm of office space in Park Rozwoju in Warsaw’s Służewiec business district.

Warehouse & industrial

SLOVAKIA Dirks goes gently into VGP Bratislava

schedule 24 January 2023
Opr./edited by NN

Logistics company Dirks Consumer Slovakia has leased 43,320 sqm in the first phase of VGP Park Bratislava.

Warehouse & industrial

POLAND TKD wired into MLP Pruszków II

schedule 24 January 2023
Opr./edited by NN

Cable and wire manufacturer and distributor TKD Polska has leased about 2,800 sqm at the MLP Pruszków II logistics park on Warsaw’s western outskirts.

Investment & finance

Europe Enthusiasm remains high for Duodev 2

schedule 24 January 2023
Opr./edited by ANZ

Second closing has been sealed for the Duodev 2 fund initiated by the Mestdagh and Mulliez families, proposing to invest in European real estate projects developed by Equilis. Six months after the approval of the first closing, the Duodev 2 fund continues its success.

Warehouse & industrial

Poland Panattoni launches latest Warsaw park

schedule 24 January 2023
Opr./edited by ANZ

Panattoni has purchased 4 ha of land and is soon to start construction on Panattoni Park Warsaw South III Piaseczno, where it will develop around 20,000 sqm.

Latest in Retail & leisure

schedule 27 January 2023

Forum Gdańsk has new manager

In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting services for the Forum Gdańsk shopping centre, owned by NEPI Rockcastle.

schedule 26 January 2023

Dawna Fabryka to replace former factory

The Dawna Fabryka retail park is to be built on the site of the former ZREMB Foundry near the centre of Jelenia Góra in southwestern Poland.

schedule 19 January 2023

Focus turns to Ferio Legnica

Focus Estate Fund has acquired the 13,200 sqm Ferio Legnica shopping centre in southwest Poland from Raiffeisen Bank International for an undisclosed sum.

schedule 18 January 2023

Strong retail in Romania

Cushman & Wakefield Echinox has presented its report on Romanian retail market. The development activity in the retail sector remains animated, with over 230,000 sqm planned to be delivered in 2023, which is the highest level of the last six years.

schedule 02 January 2023

Baltic Horizon sells Europa parking

BH Europa UAB, an SPV of Baltic Horizon real estate fund, has completed the sale of its share in the car park building of the Europa shopping centre in Vilnius to the UAB Prime Location Property Fund.

schedule 27 December 2022

Work shopping balance

Nooka Space has launched a smart flex office service within Nepi Rockcastle shopping malls across Romania. Each office booth, whether indoor or outdoor, offers a high level of privacy and the optimal conditions to work, by creating an island of silence in an open or crowded area. The structure of the booth offers a high level of safety, shielding users from the outside conditions.

schedule 22 December 2022

Frogs on the motorway

Drivers travelling along the A2 motorway can now do their fast shopping in two Żabka shops located in travel service areas, the so-called MOPs. The format of the shops has been adapted to the needs of travellers, who can enjoy an extended offer of hot snacks, coffee and sandwiches and salads.

schedule 20 December 2022

Nepi Rockcastle buys Forum Gdańsk for EUR 250 mln

Nepi Rockcastle has acquired Forum Gdańsk shopping centre from Blackstone for EUR 250 mln. The acquisition represents one of the biggest single-asset shopping centre transactions by value in Europe and the largest in the CEE region in 2022.

schedule 16 December 2022

32-up for Trei in Mielec

German developer Trei Real Estate has opened its 32nd Polish Vendo Park retail park – in Mielec, in the country’s southeastern Podkarpackie (Subcarpathia) province.

schedule 09 December 2022

Iulius opens second Iași Family Market

Iulius has opened its second Family Market strip mall this year, in the Bucium district of Iași in eastern Romania, following the opening of another centre in Miroslava in the same city.

schedule 08 December 2022

Atut Galicyjska opens in Nowa Huta

KG Group has opened the Atut Galicyjska retail park complex in Kraków – the two joint centres together have an area of 20,000 sqm gla.

schedule 06 December 2022

ROS grows in Poland

ROS Retail Outlet Shopping strengthens its activity in Poland. The Austrian company plans extension in Gdańsk in 2023 and the new project in Kraków in 2024.

schedule 29 November 2022

Mitiska and Karuzela open Kołobrzeg centre

Mitiska REIM and Karuzela Holding have opened a new convenience shopping centre mall in Kołobrzeg on Poland's Baltic coast. The new centre contains 40 shops on an area of 19,800 sqm and offers parking for 1,000 vehicles.

schedule 25 November 2022

Forum Palermo rejuvenated

Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in north-west Sicily.

schedule 25 November 2022

Sinsay expands in Romania

New Sinsay stores will be opened in retail parks located in Timisoara and Vaslui. These are the next points of this brand in Romanian commercial facilities, which are being developed by the Polish company Scallier. 

schedule 22 November 2022

Strong retail market in Romania

Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, has presented its study on different retail market segments activity in Romania. The cumulative turnover of the 6,000+ stores operated by large retailers increased by 20 pct, more than the inflation rate and the national consumption growth.

schedule 17 November 2022

NEPI buys Copernicus in Toruń

NEPI Rockcastle has entered into a binding agreement to acquire the Atrium Copernicus shopping centre in Toruń.

schedule 10 November 2022

New Premium Parks to be built

The Fortis Group, which is developing retail parks under the Premium Park brand, is currently planning the construction of five more facilities. Shopping centres in the smaller and smaller Polish towns remain of interest to developers, tenants and international investors. 

schedule 08 November 2022

Galeria Plaza demolition begins

Strabag Real Estate has begun the demolition of Galeria Plaza in Kraków to make way for its development of a multifunctional complex.

schedule 04 November 2022

Scallier moves on to Moșnița

Polish developer Scallier has started the construction of a retail park in Moșnița, on the southeastern outskirts of Timişoara.

Categories