Leroy Merlin leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group.
According to data from the Cushman & Wakefield Echinox, the development activity in the Romanian retail market remains animated. Close to 215,000 sqm of retail spaces were delivered in 2023, the highest level during the last seven years.
Cushman & Wakefield has summarized the situation on the Polish retail market in 2023, which saw heightened development activity, with about 450,000 sqm of new retail space delivered. The Polish retail sector continued to recover, as confirmed by the number of debuts. Meanwhile, the slower price growth bolstered consumer sentiment, leading to higher retail turnover levels.
39 new brands entered the Czech retail market last year, a record number achieved in the past ten years, according to Cushman & Wakefield’s monitoring. Some of the most notable brands include Victoria's Secret, Popeyes, Signorvino, Rossopomodoro and Zadig & Voltaire.
In this year's 33rd edition of the Cushman & Wakefield Main Streets Across the World ranking, the Czech Pařížská street has been ranked 11th in Europe and the first in the CEE region. The survey compares nearly 50 countries around the world by the level of retail rents on the most expensive shopping street in each country.
Scallier has opened another retail park in Romania. The 8,500 sqm development was built in Mosnita, a town on the outskirts of Timisoara. The facility is almost fully leased.
Mitiska REIM and Karuzela Holding have opened their ninth Karuzela retail park in Poland – in the eastern city of Biała Podlaska.
Opus Land Development has opened the extension of Cosmopolis Plaza in Ștefăneștii de Jos on the northern outskirts of Bucharest.
Polish fashion brand Wittchen has opened its first Romanian store in the ParkLake shopping centre in Bucharest.
NEPI Rockcastle’s Promenada Craiova shopping complex in central southern Romania has been officially opened. The EUR 136 mln project is the largest retail development by size and investment value to open in the CEE region in 2023, according to CBRE.
The first Popeyes restaurant in Warsaw has opened in Złote Tarasy. The Louisiana-based fast food chain is the seventh new tenant of the shopping centre this year.
Street Restaurant has opened in the Lixa office complex. The restaurant occupies approx. 470 sqm on the ground floor of the Lixa C building, facing the pedestrian walkway between ul. Kasprzaka and Giełdowa.
The owners of Answear.com and the Capital Park Group have signed a contract to lease space in the Norblin Factory complex in Warsaw. In the developer's flagship investment, the first stationary store of the digital platform will be established.
Czech-Dutch investor Fidurock has acquired Retail Park Trutnov in the Hradec Králové region from Czech Fund, which is managed by Brno-based Investiční skupina DRFG.
According to Cushman & Wakefield, 13 new brands have arrived on the Czech retail market in the first six months of this year. Most of them are in the fashion segment and culinary concepts.
CC Real, the international investment and asset management company, has commenced its extensive EUR 20 mln refurbishment of City Center one Split, due for completion by the end of Q2 2024.
The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?
French grocery operator Carrefour has signed an agreement with Belgian retail group Louis Delhaize for the acquisition of its activities in Romania, which includes ten Cora hypermarkets and eight Cora Urban stores, as well as an e-commerce platform, logistics and central services.
G City Europe has completed the acquisition of the remaining 25 pct stake it did not previously own in the Arkády Pankrác shopping centre in Prague 4 (Nusle) for EUR 60.5 mln.
Colosseum Mall in Bucharest has announced the signing of a lease agreement with Hype by Kiddo for the opening of large entertainment centre. The centre will have an area of approx. 2,500 sqm, and the tenant's investment will amount to EUR 1.5 mln.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
The latest edition of our magazine reaches readers at a time when there is a palpable sense of uncertainty on the global market. Nevertheless, a stead ...
We invite you to join us on June 10th in Łódź at our conference entitled ‘CPK - A new era for Poland and the commercial real estate market’ where we s ...
What should one discuss with a representative of the banking sector? Naturally, money! Radosław Trymucha, the head of real estate structured finance a ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Total real estate investment volume in the Czech Republic topped EUR 1.48 bln, which is already higher than the full-year 2023 results of EUR 1.15 bln ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Office House building in Warsaw has received its occupancy certificate.
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
The European living sector, including PRS, PBSA, and collective living solutions, continues to attract strong investor interest.
TDJ Real Estate has begun the second stage of its Fabryka Park project in Katowice. The main tenant is to be a Medicover medical centre.
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
7R is to develop a technology and production hub in Kraków's Nowa Huta district. The first phase of the project is to remediate the soil. Construction ...