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BIG CEE ACQUIRES DELTA CITY MALL IN MONTENEGRO FOR €95 MILLION
BIG is expanding its operation in Eastern Europe and the Balkans by acquiring its first property in Montenegro: Delta City mall, located in the capital at an agreed value of €95 million, of which €57 million will be financed by a bank loan.
Hay Galis, CEO of BIG Shopping Centers, says: “We are acquiring strategic properties in the region, in line with the company’s expansion strategy for the Balkans and Eastern Europe. BIG continues to locate strategic assets in order to expand its commercial power. Delta City Podgorica is one of the most powerful assets in the country and one of the most powerful commercial facilities in the Balkans. It is fully leased and many leading international retail chains are interested in joining it.”
“We at BIG are looking forward to merging the mall into the group and enhancing this excellent property,” said Lev Weiss, CEO of BIG CEE who is leading the operations in Serbia and the Balkans.
The shopping centre has 24,500 sqm GLA of commercial space and is nearly 100 percent leased.
LIDL TO OPEN STORE ON PRAGUE’S NA PŘÍKOPĚ
Discount food chain Lidl is preparing a store in Prague’s Na Příkopě. The new Lidl premises will reside in the former historic building headquarters of the Czechoslovak Commercial Bank. Lidl expects to open a new store in the middle of the year. The grocery store will cover an area of 1,140 sqm.
Na Příkopě Street is around the 20th place in the ranking of the most expensive streets in the world by Cushman & Wakefield.
“The establishment of the store in these unique premises will simplify life, especially for the residents of adjacent neighbourhoods, but also for employees and visitors to the capital who do not have access to grocery stores in their immediate area,” said Lidl spokesman Tomáš Myler.
The building on the corner of Na Příkopě and Panská streets was renovated about ten years ago by Immofinanz and Lordship. It offers commercial and office space as well as an underground car park. In the past, a house called U tří lip (At the Three Lime Trees) stood on this site, where the famous Czech fairy tale writer Božena Němcová died in 1862.
“Food chains have been expanding very dynamically in recent years and it is understandable that with a higher density of their networks, they naturally consider specific locations, such as Na Příkopě,” Jan Janáček, head of the retail project team at CBRE.
TEDI JOINS TENANTS AT 3 STAWY SC IN KATOWICE
Since 2020 Multi has leased over 64,000 sqm GLA in six shopping centres it manages in Poland. The other deals include two Carrefour hypermarkets, a Primark shop, several Action and HalfPrice discount stores, the second LG Brand Store in Europe and many other brands.
The store occupies 900 sqm and is designed in the contemporary style that aligns with 3 Stawy’s vision to provide a fast, smart and convenient shopping experience.
“The deal with TEDi is another leasing contract with a discount retailer that we have recently signed,” says Anna Fabianowska, Senior Asset Manager Multi Poland. “Non-food discounters are one of the types, renting more and more space in our shopping centres.”
GLOBALWORTH ADDS ELOCITY ELECTRIC VEHICLE CHARGING STATIONS TO ITS BUILDINGS
CEE office investor Globalworth has recently been cooperating with Polish technology firm Elocity, a leading electromobility provider, on a project to install electric vehicle charging stations at its buildings.
These are to appear next to 14 office and mixed-use properties owned by Globalworth across Poland, including Hala Koszyki as well as the high-rise Warsaw Trade Tower and Spektrum Tower buildings in the Polish capital.
Most of the stations have already been installed.
“This network of Elocity electric vehicle charging stations is the latest step to support green development that we are undertaking for Globalworth’s portfolio buildings. This is, without doubt, a huge bonus for our tenants, their employees and their guests, but it is also an expression of our common goal to reduce our carbon footprint and be more socially responsible,” said Piotr Zatorski, the Portfolio Projects Manager at Globalworth Poland.
“Globalworth’s management understands very well that electric vehicles represent the future of motorisation. The huge growth in the number of electric vehicles in Poland in 2021 was just the beginning of long-term changes as well as marking a growth trend for the market,” said Michał Baranowski, the CEO of Elocity.
SEGRO APPOINTS NEW HEAD OF CZECH OPERATIONS
Daniel Kubizňák has joined SEGRO as the new Head of the Czech Republic. He will be responsible for SEGRO’s development portfolio in the Czech Republic and managing the local team.
Daniel Kubizňák has over 17 years of experience in the real estate industry. The newly-appointed head of the Czech SEGRO team will be responsible for the development of SEGRO Logistics Park Prague and the search for new business opportunities and investments in the country.
“We are very proud that Daniel Kubizňák has joined the SEGRO team. It will strategically support our development in the Czech Republic and strengthen the company’s position in this country. The Czech Republic is an important logistics market in Central Europe, where we hope to develop dynamically in the coming years,” says Magdalena Szulc, SEGRO Managing Director for Central Europe.