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E-commerce and rise in consumerism will create almost 40,000 extra HGV trips
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Colliers: Retail parks are the new star of the retail market
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Colliers: Sales of non-food products have exceeded the pre-coronavirus crisis levels and retailers with online stores are the big winners
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Poland s retail market attempts to catch its breath
According to JLL, between January and March 2021, nearly 93,000 sqm of retail stock was delivered, a result comparable to the same period last year. The structure of new supply included only two large-scale formats: stand-alone retail warehouses (55% of new space) and retail parks (31%). Convenience centres claimed the remaining 14%. The largest scheme delivered was an Agata Meble store (11,000 sqm) in Jelenia Góra. .
Developer activity - the end of the dominance of large assets?
Nearly 490,000 sqm of retail space remains under construction across all formats. The projected mix of new supply in 2021 reflects the trend for convenience and local shopping that became more marked during the pandemic.
Portico Investments Romania sold six buildings in its portfolio in two transactions advised by Colliers
Aurel Constantin 19/04/2021 | 17:38
Portico Investments Romania, advised by Colliers, completed the sale of six retail buildings in its portfolio to Praktiker Real Estate and Lidl Romania, in two transactions totaling over 8.5 million euros.
The portfolio sold by Portico Investments includes six retail projects, located in Tulcea, Resita, Ramnicu Vâlcea, Drobeta-Turnu Severin, Barlad, being leased by Lidl, Penny Market, MOL Romania, Jysk, Altex, Ingrimar, Adidas, Romstal and Pepco, with a total leasable area of 16,312 square meters.
With the exception of the Lidl Resita building, which was purchased by Lidl itself, all five other buildings were purchased by Praktiker Real Estate, the company controlled by Omer Susli, who took over Praktiker Romania’s operations in 2014, later sold to Kingfisher, and who then set up the Homelux decoration brand.