News - Alza secures food delivery deal for pick-up boxes
21
May
2021

Alza secures food delivery deal for pick-up boxes

by Property Forum
Alza.cz and Rohlik.cz are launching a cooperation. Customers of the largest Czech online supermarket can have their purchases delivered to selected AlzaBoxes. The boxes involved are specially adapted to keep the food ordered fresh.
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News - Futureal to open Hungary’s largest food court in September
19
May
2021

Futureal to open Hungary’s largest food court in September

by Property Forum
Hungarian developer Futureal will open the food court of the Etele Plaza shopping centre in Budapest this September. The food court will feature a direct connection to the roof terrace, unique interior design and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and an open kitchen concept.
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News - Trei opens four new Vendo Parks in Poland
19
May
2021

Trei opens four new Vendo Parks in Poland

by Property Forum
Trei Real Estate GmbH just opened four new retail parks under the Vendo Park brand in Poland. The retail properties are located in Zielonka in the Masovian voivodeship, Piekary Śląskie in the Silesian voivodeship as well as in Koszalin and Myślibórz, two towns in the West Pomeranian voivodeship. Taken together, the new Vendo Parks have a gross lettable area of around 19,800 square metres and a total of 26 units, including several branches of brands like Dealz or Action which previously had no outlets in these towns and which therefore broaden the local retail spectrum. Overall, Trei invested c. €27 million in these properties.
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News - Immofinanz kicks off refurbishment of VIVO! Baia Mare
19
May
2021

Immofinanz kicks off refurbishment of VIVO! Baia Mare

by Property Forum
Austrian real estate group Immofinanz will start the refurbishment of shopping centre VIVO! Baia Mare on June 1. The works on the project located in northern Romania will cover more than 10,000 sqm, which is one third of the total surface of the centre. 
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News - 90% of Budapest high street retailers ride out pandemic
17
May
2021

90% of Budapest high street retailers ride out pandemic

by Property Forum
In the 11 shopping streets under the umbrella of the Shopping Street Management (BUM), some 90% of businesses survived the coronavirus pandemic, and the number of stores for sale or rent is decreasing in more and more places, BUM told Hungarian news wire MTI based on its survey carried out at the beginning of May.
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News - Penny to invest €1 billion in Romania by 2029
13
May
2021

Penny to invest €1 billion in Romania by 2029

by Property Forum
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations. 
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News - Shoppers will quickly return to shopping centres
12
May
2021

Shoppers will quickly return to shopping centres

by Property Forum
Shopping centre footfall in February in Poland, prior to the fourth lockdown, averaged approximately 80% of last year’s levels. Shoppers will return to shopping centres once restrictions are lifted, say experts of Cushman & Wakefield.
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News - Eight new retail openings in Poland in Q1 2021
10
May
2021

Eight new retail openings in Poland in Q1 2021

by Property Forum
Close to 70,000 sqm of new retail space was delivered to the Polish market in Q1 2021, reveals Cushman & Wakefield. The new supply was dominated by small retail parks and standalone stores.
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News - 51 new Dino stores opened in Poland in Q1 2021
07
May
2021

51 new Dino stores opened in Poland in Q1 2021

by Property Forum
At the end of March 2021 the Dino network numbered 1,532 stores, up 298 versus March 2020. 59 new stores were opened in Q1 2021. The EBITDA margin in Q1 2021 was 8.8%, i.e. 0.2 percentage points above the corresponding period of 2020.
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News - Globalworth appoints general contractor for Wrocław renovation project
06
May
2021

Globalworth appoints general contractor for Wrocław renovation project

by Property Forum
Globalworth, the owner and property manager of Renoma in Wrocław, has chosen Tétris as the general contractor for the renovation of the building. Following this decision, the main stage of work on the metamorphosis of this architectural landmark of the city has now started, in time for the building’s 91st anniversary.
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

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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