Union Investment Real Estate GmbH’s Post

Thursday, September 19 #Warsaw #Poland. Coffee with Craig Show daily CRE news covering the CEE region with Craig Smith and Winston Norman -- Publications 2024/5 - CEE/SEE Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - CEE/SEE Retail Guide - November - MAPIC 2025 - CEE Real Estate Guide - March MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024/5 October 15, CRE Awards (#Budapest) October 29, CEE Investment Awards (#Warsaw) 2025 January 30 - Retail Awards (Warsaw) April 3, SEE Real Estate Awards (#Bucharest) May 22, Baltic Real Estate Awards (#Sopot) -—- NEWS —— - Gap is back in Poland after a decade, with an outlet store at Designer Outlet Warszawa. This is GAP’s third outlet in Central Europe, joining its other stores in the #Czech #Republic, #Slovakia, and #Hungary. “The addition of such a well-known and beloved brand to our offer is another step towards the development of an excellent brand line-up, which answers to an increasing demand from younger customers. At the same time, this is another high-profile market debut that has taken place right here in our centre,” says Katarzyna Ciemińska Centre Manager at Designer Outlet Warszawa, managed by ROS Retail Outlet Shopping.   - Panattoni has fully leased its City Logistics Kraków Airport II project. The latest tenant, an international FMCG company, will occupy 20,050 sq m. Located near Kraków Airport and the A4 motorway, the park features modern, eco-friendly designs. The first tenant, Allegro, is already using the space for its parcel sorting operations. The development is expected to receive top BREEAM Official certification for sustainability. Filip Noworól, Senior Leasing Manager at Panattoni, says “The neighbourhood of the extended cargo terminal and the superb connections make this the ideal location for a fast-growing firm.”   - Polish logistics operator TAS Logistyka has expanded its warehouse space at CTPark Warsaw South by 67%, now occupying 25,000 sqm. The expansion comes in response to increased demand from clients in the electronics and household goods sectors. TAS aims to improve efficiency and attract more customers with the additional space. CTP continues to expand across Poland, with 16 logistics and production parks in various stages of development. Tomasz Fraczkiewicz, President, TAS Logistyka says: “In addition, the increase in storage space enables us to increase operational efficiency, improve organisation and, ultimately, optimise our warehouse processes – a significant contributor to increasing our competitiveness in the logistics services sector.”  

🌟 Antwerp: The Ultimate Retail Destination in Belgium and Beyond! 🌟 Antwerp isn't just a city—it's a thriving retail hub that perfectly blends tradition with innovation. Here's why investing in a retail store in Antwerp is a decision that promises unparalleled growth and success: Strategic Location: Situated at the heart of Europe, Antwerp is easily accessible and serves as a gateway to major European markets. The city's port is one of the largest in the world, ensuring seamless logistics and distribution. Vibrant Economy: Antwerp boasts a robust and diverse economy, with strong purchasing power and a high standard of living. The city is a magnet for international businesses and talent, fostering a dynamic commercial environment. Cultural and Historical Appeal: Steeped in rich history and culture, Antwerp attracts millions of tourists every year. Iconic landmarks and a lively arts scene provide a unique shopping experience that blends modernity with tradition. Fashion Capital: Home to the renowned Antwerp Six and the prestigious Royal Academy of Fine Arts, Antwerp is a global fashion hotspot. The city's fashion district is bustling with designers, boutiques, and flagship stores from top brands. Innovation and Sustainability: Antwerp is at the forefront of retail innovation, embracing the latest technologies and sustainable practices. Supportive Business Environment: The city offers attractive incentives for new businesses, including tax benefits and grants. Antwerp's proactive local government and business associations provide excellent support to retailers. Cosmopolitan Lifestyle: A diverse and international population ensures a broad customer base with varied tastes and preferences. The city’s vibrant lifestyle, from gourmet dining to eclectic nightlife, enhances the overall shopping experience. Investing in a retail space in Antwerp means joining a community that values quality, creativity, and excellence. With its strategic advantages and dynamic environment, Antwerp is not just a place to do business—it's a place to thrive. Join the ranks of successful retailers who call Antwerp home. Let's shape the future of retail together! If you're interested in exploring retail opportunities in Antwerp, feel free to contact me. I'm more than happy to assist you in making informed investment decisions. #Retail #InvestInAntwerp #BusinessOpportunity #RetailInvestment #AntwerpFashion #Innovation #Sustainability #EconomicGrowth #BusinessinAntwerp #OpenForBusiness

Monday, July 8 #Warsaw #Poland. Coffee with Craig Show daily CRE news covering the CEE region in PANATTONI CAFE with Craig Smith and Winston Norman -- Publications 2024/5 - CEE/SEE Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - CEE/SEE Retail Guide - November - MAPIC 2025 - CEE Real Estate Guide - March MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024/5 October 15, CRE Awards (#Budapest) October 29, CEE Investment Awards (#Warsaw) 2025 January 30 - Retail Awards (Warsaw) April 3, SEE Real Estate Awards (#Bucharest) May 22, Baltic Real Estate Awards (#Sopot) -—- NEWS —— - Panattoni India announces Today, truly groundbreaking news. The plan is to invest $100m annually in India for the next few years. The launch of Panattoni Park NH71 in Delhi NCR means a lot both for us and for the region's development opportunities. The park is equipped with cutting-edge solutions and offers 32,000 square metres of space, which will translate to efficient logistics processes. Congratulations for the first project! Sandeep Chanda and team - The European Bank for Reconstruction and Development (EBRD) is increasing its investment in Czech online grocery retailer Rohlik Group. Leading a €160 million funding round that includes the (European Investment Bank (EIB)), Sofina, Index Ventures, and Quadrille Capital, EBRD's additional equity will support Rohlik’s expansion in #Germany, #Hungary, and #Romania, and further automate operations in its home market. Tamás Nagy of EBRD praised Rohlik's innovative use of AI and automation. Rohlik, founded by Tomáš Čupr, - Designer Outlet Croatia has been ranked 23rd in ecostra’s latest study of Europe’s premium outlet centres. Upcoming expansions in 2025 include an additional 6,000 sqm for new stores and a new INGKA retail park. Centre Manager Nikola Grđan Centre Manager at Designer Outlet Croatia. highlighted the outlet’s focus on sustainability, holding a BREEAM certificate for green construction and implementing numerous eco-friendly initiatives. The centre, which opened in 2018, attracts visitors with a range of over 100 brands and various sustainability programs. - LCP Properties, a key player in the Polish retail park market and part of the international M Core group, has finalized the acquisition of a plot in Brzeziny, Łódź Voivodeship, from Genesis Property for the development of M Park Brzeziny. Magdalena Kowalewska-Kasperowicz, Chief Operating Officer of LCP Properties. Juliusz Wawrzyniak, President of Genesis Property. -Panattoni is expanding its Panattoni Park Koluszki near Łódź by an additional 14,000 sqm after completing its commercialisation. Current tenants KAMOKA auto parts and Pet Republic are significantly increasing their leased space. Managing Director Dorota Jagodzińska-Sasson, Managing Director at Panattoni,   Craig Smith Anita Pietrykowska, Marek Forynski Marek Dobrzycki Emilia Dębowska, Malwina Pawłowska, Aleksandra Szwaja Panattoni Robert Dobrzycki

Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield Echinox report ► https://lnkd.in/dnYREAu9 Dana Radoveneanu #commercialrealestate #propertyinvestment #realestateinvesting #realestatetrends

Monday, May 6 #Warsaw #Poland. Coffee with Craig Show daily CRE news covering the CEE region in PANATTONI CAFE with Craig Smith and Winston Norman -- Publications 2024/5 - CEE/SEE Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - CEE/SEE Retail Guide - November - MAPIC 2025 - CEE Real Estate Guide - March MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024/5 May 23, “Baltic Real Estate Awards” (#SOPOT, #Poland) October 15, CRE Awards (#Budapest) October 24, CEE Investment Awards (#Warsaw) 2025 January 30 - Retail Awards (Warsaw) April 3, SEE Real Estate Awards (#Bucharest) -—- NEWS —— - Property consultancy 108 REAL ESTATE has announced its expansion in #Romania, where it will focus on the industrial segment. The Romanian branch of the company will be led by Victor Rachita MRICS as Managing Partner. - Indotek Group has completed a large-scale revamping of its Plaza M retail project in Târgu Mureș. The company has invested €16 million in the renovation of the shopping complex. Following the investment, the mall's leasable area was expanded to 55,000 sqm. Plaza M currently hosts 90 stores and has an occupancy rate of 92%. ”The comprehensive redevelopment of Plaza M reflects our consistent approach in #Italy, #Spain and #Hungary, demonstrating our commitment to enhancing value through modernisation and redevelopment," said Kertai Zsolt, Head of International Retail at Indotek. Indotek’s Romanian portfolio has a total value of over €150 million. - CPIPG has announced the signing of a binding agreement for selling a portfolio totalling 6 properties located in the Czech Republic to S IMMO AG. A subsidiary of CPI Property Group signed a contract with a subsidiary of S Immo for the sale of two office buildings, two shopping centres, a mixed-use property and a single-tenant retail building with a total lettable area of around 136,000 sqm. The transaction property value is €463 million and the annual rental income is around €28.3 million. - JTRE has opened its residential project Downtown Yards in #Bratislava for pre-sale and 20% of the stock is gone. 135 of the 650 residences at the gateway to Bratislava’s expanding downtown have already been sold in the pre-sale phase. The project’s second stage will include a 35-floor office building. Craig Smith Anita Pietrykowska, Marek Forynski Marek Dobrzycki Emilia Dębowska, Malwina Pawłowska, Aleksandra Szwaja Panattoni Robert Dobrzycki

Union Investment will invest €10m to refurbish Le Befane shopping centre in Rimini, enhancing its market position. #UnionInvestment #LeBefane #RiminiShopping #RealEstateInvestment #ItalianAdriatic #ShoppingCentre #RetailExpansion #PropertyRefurbishment #UniImmoEuropa #MarketPosition #europere #topstory #property #story #news #Europe #europerealestate https://lnkd.in/erWvaZ3v

Monday, June 3 #Warsaw #Poland - Coffee with Craig Show daily CRE news covering the CEE/SEE/Baltics region with Craig Smith and Winston Norman For interviews and partnerships contact Craig Smith - Craig@EuropaProperty.com -- Publications 2024/5 - EuropaProperty Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - EuropaProperty Retail Guide - November - MAPIC World 2025 - EuropaProperty Real Estate Guide - MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024 October 15, CRE Awards (#Budapest) October 24, CEE Investment Awards (#Warsaw) 2025 January 30, Retail Awards (#Warsaw) April 3, SEE Real Estate Awards (#Bucharest) -------------NEWS---------- - PASSERINVEST GROUP, a.s. Group has started the construction of a new office and mixed-use building in Prague's Brumlovka located in Prague 4. Radim Passer, Founder and CEO at Passerinvest Group.   - logistics operator for deep-frozen products FRIGO LOGISTICS has expanded and upgraded the refrigeration infrastructure at its distribution centre in Żnin. The facility will be powered by a solar PV installation. The PLN 80 million investment will bolster the region’s status as a key logistics hub in Poland, enhancing support for domestic, local, and international supply chain companies. Jarosław Kołodziejski, Managing Director of Warehousing at Frigo Logistics. Kajima Poland is responsible for general contracting and design. “The Żnin project marks the fifth collaboration we have completed for Frigo Logistics,” said Sandra Wróblewska, Senior Business Development Manager at Kajima Poland.   - Kaufland continues to expand in Europe and revitalizations are playing an increasingly central role in this. The integration of existing retail locations and modernization has increased recently in comparison to the construction of new buildings. In the Bulgarian capital Sofia, a very special revitalization has now been completed. The historic market hall in the centre of Sofia has been given a new lease of life as a modern shopping location. “As an international retail company, it was a great honour for us to acquire this unique property. We are aware of the responsibility involved and approached the planning with the appropriate respect,” says Michael Hiese, MBA, Head of Central Divisions International. “Preserving the unique character of this historic retail location was always a priority for us."   - Globalworth has secured the LEED certification for Globalworth Tower Center International, located in the CBD area of Bucharest. Cushman & Wakefield Echinox has assisted the office developer in the certification process. Mihnea Cristescu, Project Manager and sustainability specialist within the Project Management department at Cushman & Wakefield Echinox.

Mitiska REIM has announced on behalf of the Merep 3 fund a joint venture partnership with Park Lane Developments to develop #retail parks in #Bulgaria. Park Lane Developments is a commercial #property company which develops and manages prime #office, #logistics/light-#industrial, and retail park assets in Bulgaria and the CEE Region. Park Lane is part of AG Capital, a #commercial and #residential real estate #investment group operating in Bulgaria, #Romania and #Poland. Under the joint venture, Mitiska REIM and Park Lane plan to develop and open at least five prime retail parks in Bulgaria over the next five years. The JV has already acquired its first land plot in the Hadzhi Dimitar district of Sofia to develop a retail park which is scheduled to open by the end of next year. The new #development is located on a main road close to the city center and residential areas and will feature more than 20 retail units, food-anchored by a Lidl supermarket, with a total GLA of 14,000 sqm. The tenant mix will comprise a range of #national and #international brands offering clothing, shoes and home goods, in addition to services such as pharmacies and a food court. "The Bulgarian market offers significant opportunities in the retail park sector – shoppers’ disposable income is rising, consumer spending is increasing, and retailers are looking for modern and #sustainable retail space to meet this demand. We look forward to working in partnership with the Park Lane team to capitalize on this opportunity." Tomas Cifra, Mitiska REIM’s managing director for Romania, Czech Republic, Slovakia & Bulgaria The Hadzhi Dimitar project is being designed by Planning Architectural Studio led by architect Iliyan Iliev, with #construction by MMV Engineering. The retail park will be designed to achieve an “Excellent” score on the #BREEAM scale and will feature landscaped parking areas, charging stations for electric vehicles and bicycle racks. Legal advice on the #transaction was provided by Wolf Theiss Bulgaria.

Wednesday, May 15 #Warsaw #Poland - Coffee with Craig Show daily CRE news covering the CEE/SEE/Baltics region with Craig Smith and Winston Norman ONSITE - Marywilska 44 Sp. z o.o. - shopping center in Warsaw burned to the ground May 11/12 - circumstances unknown For interviews and partnerships contact Craig Smith - Craig@EuropaProperty.com -- Publications 2024/5 - EuropaProperty Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - EuropaProperty Retail Guide - November - MAPIC World 2025 - EuropaProperty Real Estate Guide - MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024 May 23, “Baltic Real Estate Awards” (#SOPOT, #Poland) October 15, CRE Awards (#Budapest) October 24, CEE Investment Awards (#Warsaw) 2025 January 30, Retail Awards (#Warsaw) April 3, SEE Real Estate Awards (#Bucharest) -------------NEWS---------- - On behalf of Generali Adriatic Value Fund, SIF, Peakside Capital and Generali Investments Slovenia have sold the #Austria #Trend #hotel located in the capital of #Slovenia. The buyer is Serbian company Agromarket Srbija. Christopher Smith, Head of Portfolio Management CEE at Peakside Capital Advisors,   - The #Bydgoszcz #Glinki shopping centre will be redeveloped by Redkom Development, resulting in the construction of a modern retail park with Carrefour as the grocery tenant. The new retail destination with an area of about 16,000 sqm GLA, 25 shops and service outlets will offer residents a wide range of goods, from fashion to beauty, home, pet, #DIY and medical clinics. It is scheduled to open in the fourth quarter of 2025. Elżbieta Kutrasińska, Senior Leasing Manager, Redkom Development. - Volvo Group Tech Hub will occupy 10,000 sqm of space at Brain Park C. A new section of Volvo Car Poland will be moving into the Kraków office building, from Echo Investment S.A., in three phases, starting in September 2024. In the transaction, the tenant was represented by JLL Polska. " This transaction, the largest in the office market in Krakow, is a milestone that will significantly increase Volvo's visibility in the city", comments Przemek Berendt, Head of Volvo Tech Hub. Agata Suder, Senior Consultant, Office Tenant Representation, JLL Polska.   - Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space. Michał Samborski, the Head of Development at Panattoni. “This is our investment in the future that will improve our operational efficiency from the first day of moving in", says Szymon Zdziarski, the president of the management board of Neopak. The company is to begin operations from the park just outside Warsaw in September this year. Panattoni Park Warsaw South IV is a logistics centre that is currently under development, which is to eventually comprise close to 100,000 sqm of industrial space in two buildings.

#NEPInews: In Business Review, Marius Barbu, Group Asset Director at NEPI Rockcastle, shared an inspiring outlook on the retail real estate market in Romania and Central & Eastern Europe. "In CEE countries like Romania and Poland, people tend to spend more time in shopping centres due to the lack of traditional high streets. This means our shopping centres play a more important role in providing social and community facilities to consumers across the region than is the case in Western Europe, contributing to the 337 million visits to our malls in 2023," said Barbu. NEPI Rockcastle has a development pipeline of c. €817 million across the region and is investing to transform its shopping centers into true community hubs though projects and strategies such as: 👉 A €282 million mixed-use extension of Promenada Mall in Bucharest, set for completion in Q4 2026 👉 Attracting international brands to the region with recent new store openings including Lefties, Rituals and Victoria's Secret 👉 Going green - €34 million of investment into on-site solar power installations across its malls in Romania, the only retail real estate company in CEE with this scale of renewable energy The future of retail is experiential, and NEPI Rockcastle is leading the way in bringing diverse entertainment, dining, and lifestyle experiences to shoppers across the region. Find the full link to the interview here: https://lnkd.in/eYbt-6_s #NEPIRockcastle #GrowthStrategy #NetZero #RealEstate #Retail #Sustainability #CEE #Romania