Locked content Immochan raises €125 million

Immochan, the operator of Auchan retailer in Poland has sold its real estate for €125 million to Primonial REIM, a company press release read. The portfolio features 22 assets located in 15 municipalities of France, encompassing in total 80,000 sqm and including some 245 tenants. It is mainly made u...

Nearly 400,000 people work in Polish shopping centers

Poland takes fourth place in the EU when it comes to the size of the employment in the commercial real estate sector, according to estimates by the Polish Council of Shopping Centers (PRCH) and the International Council of Shopping Centers (ICSC).

Locked content Plaza Centers to build shopping center in Romania

WSE-listed Plaza Centers will develop a shopping center in Timișoara, Romania, ISBnews agency reported. The firm has been given a construction permission. A 37,000 sqm GLA shopping center will comprise some 120 retail units and a hypermarket. The construction work is to start this fall and complete ...

Locked content Rafał Sonik wants to invest in Kraków

Rafał Sonik, Polish entrepreneur and the 2015 Dakar Rally winner intends to develop a scheme in Kraków’s city center including a shopping center, a hotel and an underground car park, the media reported. The project would be build in the area of the former Elefant shopping mall, encompassing 0....

GTC to launch Galeria Północna in 2017

On Monday, GTC subsidiary Centrum Światowida, has obtained an approval from the mayor of Warsaw for the construction of Galeria Północna shopping center. On Tuesday, the company announced that it plans to open the center in the first quarter of 2017. The scheme is valued at €160 million.

Poland’s shopping center pipeline fifth in Europe – C&W

With some 9.2 million sqm of retail space located in shopping centers, Poland ranked seventh in Europe in a recent report by Cushman & Wakefield. Russia came in first with 17.7 million sqm of shopping center space, followed by France (17.66 million sqm) and the UK (17.1 million sqm). Germany, It...

The mean and green shopping extreme

With the advent of technologies such as automated meter reading and LED lighting, malls are at last becoming places where you can shop without sullying your conscience