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The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.
Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.
“Local food retailers are particularly stable in value as an investment if they are sustainable. The demand for ESG-compliant properties, which promise higher profitability in the long term, is steadily increasing”
Focus Estate Fund has finalized the deal on the sale of two of its retail properties in Czech Republic to DRFG investment group: Centro Ostrava Retail Park (GLA 7, 699 sq m) in Ostrava and Most Retail Park (GLA 6, 471 sq m) in Most. The Fund acquired these assets in 2016 and 2017, respectively.
The center is to comprise 5,000 sq m GLA, of which 100% has already been leased, and is Scallier’s second retail park to open in Romania after Roșiorii de Vede (6 200 sqm GLA) opened in September.
The MAPIC will take place from November 30–December 2 in the Palais des Festivals in Cannes. Nathalie Depetro, MAPIC shows Director, tells us about the new and exciting changes to this year’s edition.
In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.
Foot Locker brings an elevated technology-driven retail experience to Barcelona, designed to continue engagement with local communities across Europe.
CITYPARK Graz, Austria to offer modern plasma donor center.
Wowflow, a mobile-first collaboration and workflow solution for facility maintenance teams, has raised a €300 thousand pre-seed investment to speed up growth in the German-speaking markets.
The company’s ESG performance is among the top 20% of the real estate industry.
With currently 90 fully leased STOP SHOPs on a total area of approximately 700,000 sq m in nine countries, the retail parks of IMMOFINANZ remain consistently on a growth course.
The online event was dedicated to the Covid-19-related question: European Outlets–back to normal? A large and prominent expert audience followed the discussion.
Nivy Station is transforming Bratislava’s gateway into a stunning destination, emphasizes René Popik, CEO of HB Reavis Slovakia, in an interview with ACROSS.
This year, Decathlon received the “Retailer Award 2019”, which has been presented 13 times in a row.
Towarowa 22 is a plot of about 6.5 hectares located in the Wola district in Warsaw (Poland). The owners are EPP and Echo Investment. Hadley Dean, CEO of EPP, explains the project’s retail component.
With a growth of 21% in assets managed by Kintyre in 2018, the Frankfurt headquartered investor and asset manager, enjoyed a fourth successive year of growth in excess of 20% and is now pushing the €1.5bn mark for real estate assets under management.
Berlin shopping center gets a new office areas and will concentrate on historical function as local supply center with new tenant mix .
A new food and entertainment complex has recently opened at Parndorf in Burgenland, one of the most successful outlet locations in Europe. Centerprise Group, based in Austria, was jointly responsible for the conceptual design and letting of the complex.
Good accessibility is one of the main criteria for the success of a center. There is a lot of catching up to do in the digital sector.
