ARTICLES LABELLED WITH TAG retail park. retail

News There are more and more retail parks in CEE
28
May
2021

There are more and more retail parks in CEE

by Property Forum
Smaller retail facilities up to 20,000 sqm, such as parks, have proved their resilience to the pandemic in Central and Eastern Europe and remain attractive for investors. In Poland, 170,000 sqm of new supply in retail parks is planned for 2021, with 120,000 sqm in Romania, and 70,000 sqm in the Czech Republic, according to CBRE data. In all countries in the region, consumers and investors appreciate their locality, with development opportunities in small towns, supplying the most important needs and ensuring greater safety in the pandemic.
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New leases

  • Woori Bank, one of the four largest banks in South Korea, will open its first office in Poland in the Park Postępu office complex in Warsaw. The tenant, which will occupy approximately 400 sqm, was supported by Itra Polska as an advisor. Woori Bank will occupy the office in December this year.
  • Moët Hennessy Polska, an LVMH company and part of the luxury products group, has signed a lease at Metropolitan Warszawa. Moët Hennessy Polska has leased 600 sqm of office space there.
  • Apollo-Rida, owner and manager of the Equal Business Park office complex in Kraków, has leased further office space totalling nearly 1,000 sqm. The new tenants are BRB Central Eastern Europe and Roeslein & Associates Poland.

New appointments

  • Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.

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