News - Atrium Promenada in Warsaw to be refurbished
28
Jan
2022

Atrium Promenada in Warsaw to be refurbished

by Property Forum
Atrium announced the major refurbishment of its flagship shopping centre – Atrium Promenada, located in Warsaw, Poland. The investment aims to refurbish the second part of the shopping centre. This will continue the transformation of Promenada, the first part of which was completed in autumn 2018.
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News - Scallier to develop new retail park in Vaslui
27
Jan
2022

Scallier to develop new retail park in Vaslui

by Property Forum
Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.
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News - JLL: Poland’s retail sector embarks on a path of innovation
25
Jan
2022

JLL: Poland’s retail sector embarks on a path of innovation

by Property Forum
Despite the pandemic triumph of e-commerce, customers are not giving up on shopping in brick-and-mortar shops. Brands wanting to benefit from the synergy of these channels implement innovative formats and compete for customers' attention with technology and environmentally friendly products. However, retail parks and convenience centres continue to enjoy popularity among investors and developers, says JLL.
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News - Portico Investments makes new retail purchase in Bucharest
21
Jan
2022

Portico Investments makes new retail purchase in Bucharest

by Property Forum
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio. 
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News - Fidurock launches expansion of Czech retail park
21
Jan
2022

Fidurock launches expansion of Czech retail park

by Property Forum
Czech-Dutch investment company Fidurock has commenced the construction of the second phase of the Staré Město retail park project. The extension will expand the current 4,100 sqm building with 500 sqm.
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News - Primark to open first store in Bucharest by year-end
20
Jan
2022

Primark to open first store in Bucharest by year-end

by Property Forum
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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News - Number of Żabka Nano autonomous stores reaches 25
18
Jan
2022

Number of Żabka Nano autonomous stores reaches 25

by Property Forum
Żabka Group is now the largest chain of autonomous stores in Europe after launching 25 AI-powered stores called Żabka Nano. The concept enables quick shopping without checkout clerks, queues, or cash to sell products precisely matched to location and customer demographics. The stores operate in several formats such as standalone container-based vending machines, traditional brick-and-mortar and store-within-a-store points of sale; each leveraging AI-powered computer vision technology created through close cooperation with American technology company AiFi.
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News - Porto Montenegro registers high demand for Boka Place retail opportunity
13
Jan
2022

Porto Montenegro registers high demand for Boka Place retail opportunity

by Property Forum
At the end of 2020, Porto Montenegro presented to the public its long-awaited project – the innovative, urban-style neighbourhood of Boka Place. The carefully planned space blends gastronomy, shopping and entertainment with many other benefits, available to Porto Montenegro residents as well as to more than 3.1 million visitors coming each year.
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News - B+N to provide cleaning services for Prague’s airport
12
Jan
2022

B+N to provide cleaning services for Prague’s airport

by Property Forum
B+N Referencia Zrt, as the winner of a tender announced last year, has been awarded with a contract for the provision of cleaning services at the Václav Havel Airport in Prague for another 4 years, starting on 1st January 2022. There were another 12 competitor in the tender, B+N was the only Hungarian headquaterd company.
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News - Mömax invests €20 million in Brașov-based furniture store
12
Jan
2022

Mömax invests €20 million in Brașov-based furniture store

by Property Forum
Austrian furniture retailer Mömax will develop a new store on a land of 37,000 sqm located in Cartier Coresi – the mixed-use scheme developed by Ceetrus and managed by Nhood Romania in Brașov. 
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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