Expansion

The expansion of G City Promenada in Warsaw has become one of the most widely discussed topics in the commercial real estate market in recent weeks. G City Europe confirms that the first phase of the investment announced last year has officially commenced, covering approximately 6,000 sqm of new retail space.

German fashion retailer NEW YORKER opened its first store in Greece on April 23, 2026, marking the brand’s entry into the Greek market with a 1,300 m² outlet in central Athens.

A major expansion is underway at EUROPARK Salzburg, Austria’s leading shopping destination. Construction preparations began in October on the site currently occupied by the parking area between EUROPARK and the SPAR headquarters in Taxham. The new extension will be built above the existing underground garage, with structural work scheduled to start in January 2026 – all without any disruption to ongoing operations at the center.

With malls, retail parks, hotels, and housing projects, BALFIN Group is setting new standards in Southeast Europe. In this interview, Vice President Csaba Toth outlines the expansion from the Balkans to Western markets and explains why digital innovation and an integrated approach make BALFIN a prime partner for investors and brands.

Takko Fashion reports strong EBITDA growth for the first half of fiscal year 2025/2026, which ended on 31 July 2025. At the same time, the company has made significant progress in implementing its growth strategy, despite challenging market conditions.

The international discounter is facing challenges in the region, as Lidl Belgium did not generate profit the previous year. To correct and enhance their financial results, the company plans on addressing the issue, investigating the main cause for failure.

Las Vegas welcomed its first two Aldi stores in the presence of a large number of expectant consumers, which shows the retailer’s success with its popular brand strategy in the local market. The debuting stores opened as part of Aldi’s 9 billion euro expansion strategy in the country.

Driven by successful business development and strong customer demand, the quality fashion discounter Takko Fashion is continuing to invest in growth: the fashion company plans to open up to 300 new stores in Germany, Austria and the Netherlands by 2028, with at least 60 new stores planned for the current financial year.

Primark-owner Associated British Foods plans to move on with the fashion retailer’s store rollout program in Europe as well as the US, despite current tariff uncertainties.

On 23 April 2025, after a construction phase of around one and a half years, umdasch The Store Makers celebrated the opening of its expanded production and office space at its Czech site in Litomyšl. The investment in additional capacity is an important step for the shopfitting company to strengthen its own production and versatile service portfolio in Europe.

Kaufland Marketplace is continuing its international growth course and further establishes itself as one of the largest international e-commerce providers with its expansion into France and Italy. Both marketplaces are scheduled to go live in late summer.

JYSK opened the first two stores in Casablanca, Morocco. The opening not only establishes JYSK’s presence in Africa but also marks a significant milestone as the company expands into its 50th country.