Investor and developer IMMOFINANZ, Retail Group CCC, and developer Trei Real Estate all win multiple accolades at Central Eastern Europe’s top retail awards ceremony.
Recognizing the importance of Central Europe’s retail markets EuropaProperty was proud to host the 14th annual EuropaProperty CEE Retail & Marketplace LIVE & ONLINE. The spectacle was witnessed by a select crowd of retailers and associated industry professionals; who gathered to see the top-performing companies from the region recognised for their phenomenal achievements in the retail real estate sector.
Currently, the retail industry is going through unprecedented challenges. In this way, the CEE Retail Awards and Marketplace recognised and appreciated those who have remained faithful to their core values in the face of the crisis and unfavourable market situation.
Overall Retailer and Newcomer of the Year awards went to the off-price retailer HalfPrice, which was recognised by the jury for their expansion and confidence throughout a challenging 2021. Fashion Retailer of the Year (over 600 sqm) was received by SinSay and Guess picked up the Fashion Retailer of the Year award for under 600 sqm.
Accentuating the strength, brilliance and resilience of the retail sector, many retailers were highlighted on the night. Online Retailer went to the eobuwie.pl and MODIVO platforms. Other major winners for the retailer-specific awards included: Zabka, the convenience retail store chain, one of Europe fastest-growing retailers, won the Specialty Retailer Award, and Cosmetics Retailer went to Rossmann.
Multi-disciplined investor, developer IMMOFINANZ was recognised by the jurors for its investment and development success in the region. Throughout 2021 the company has continued its strategy of seeking investment opportunities in development projects, for example, continuing its successful STOP SHOP brand of retail parks and VIVO! shopping centres.
The company won the Investor and Developer awards respectively. The company was also recognised for innovation and forward-thinking practices that have shaped the changing face of the retail industry over the last year. The company walked away with the Retail Innovation award for its new concept Top on Shop by IMMOFINANZ which combines residential with retail development.
Putting his achievements firmly in the spotlight, Trei Real Estate’s Jacek Wesołowski was named this year’s Industry Professional. The Jury recognised his strong leadership skills under challenging market circumstances while continuously delivering the developer’s popular Vendo Park formats in Poland.
In this way, the company received the Retail Park Developer award. The developer also picked up two project awards in the Retail Park and Small Retail Project categories – Vendo Park Chorzow and Vendo Park Piekary Slaskie, both delivered in 2021, were both winning projects at the event.
2021 was a good year for retail park and convenience store development in Poland and the project award winners reflected the changing dynamics of the country’s retail development market. Many of this year’s nominees formed extensions, refurbishments, and new retail park concepts.
Equilis and Acteeum Group’s Galeria Andrychow won Retail Project of the Year in the medium category. Other projects recognised on the night included MMG Ciechanow from the Master Management Group, which won the Refurbished Project award and the Expansion Project of the Year went to Designer Outlet Warszawa by DWS Group and ROS Retail Outlet Shopping.
Another project winner highlighting the new development trends on the market was Echo Investment’s hugely popular and spectacular multi-functional development in the centre of Warsaw, the Warsaw Brewery, which was awarded Mixed-use Project of the Year. Also in Warsaw, Wilanow Park by NHood won the Future Project award.
Futureal’s Etele Plaza in Budapest won Retail Project of the Year in the large category and Centrum Praskie Koneser by Liebrecht & wooD Group and BBI Development in Poland, one of the best retail destinations in the region, received the coveted Ultimate Retail Destination award.
Many industry leaders and associated companies from the real estate industry were also awarded on the night. Sierra Balmain picked up the Asset and Property Management of the Year awards, highlighting the growing importance of good asset management, and the extensive nature of the firm’s retail portfolio under management.
Global consultants CBRE picked up the Agency of the Year award. Additional company awards were presented to Dentons, one of the world’s biggest law firms, which received the Law Firm of the Year award. Tax and Financial Adviser of the Year once again went to TPA Poland and Professional Service Provider of the Year went to MK Illumination. Cushman & Wakefield topped a successful year of growth and walked away with the Project Management Firm award.
The event is the only one of its kind with a real focus on the retail market with awards for top retailers, innovators, developers, bankers, projects and specialized service firms. Bank Pekao was voted Bank of the Year and Shopping Centre Director of the Year was once again awarded to Blue City’s Yoram Reshef.
EuropaProperty’s esteemed panel of highly-respected business leaders from around the region judged the nominations for the awards categories on their merit and positive impact on the market. World-renowned audit firm EY monitored the scoring and voting process.
The CEE Retail Awards and Marketplace once again enabled the industry’s key players to come together. The event proved itself as an unmissable opportunity to showcase the company and its services to the real estate sector and wider industries, as well as strengthen business partnerships and ensured unrivalled coverage and exposure.
Bringing people together has never been more important and this year’s CEE Retail Awards and Marketplace created a unique opportunity and platform for everyone to be entertained and share the experience of a highly coveted event, whilst learning about the developments and trends which will help shape the sector going forward.
Winners
Category: Professional Service Provider
MK Illumination creates True Light Experiences that fill places with a festive atmosphere and make people happy. Design is the cornerstone of the company’s creativity and thanks to its courage and openness to “think differently”, its team of experts offer both local and global insights, producing unique products in its own production facilities, and creating experiences that add value to its customers.
Category: Tax & Financial Adviser
TPA is a leading international consulting group, offering comprehensive business advisory services in Central and Southeastern Europe. In Poland, TPA is one of the largest consulting companies providing international corporations and large domestic companies with effective business solutions in terms of tax advisory, accounting and payroll outsourcing, real estate investment consultancy and personnel consulting, as well as audit and business advisory services under the Baker Tilly TPA brand.
Category: Project Management Firm
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
Category: Law Firm
Dentons is the world’s largest law firm operating in 81 countries and 205 offices globally. Its clients benefit from more than 12,000+ lawyers and professionals with experience in 24 sectors and 40 practices. With over 1,500 lawyers, including 100+ in CEE alone, Dentons’ Global Real Estate Group offers legal advice and solutions that combine international real estate expertise, local market knowledge, and sector-specific experience.
Category: Property Management Company
Sierra Balmain provides real estate services in 15 Polish cities on 13 assets with a combined value of €1.3 billion and 1,370 tenants. Sierra Balmain has 134 employees and 18 years of regional experience having successfully provided service to and executed transactions with, dozens of Europe’s largest and most well-known investors.
Category: Shopping Centre Manager
Blue City is a unique fourth generation mall, combining retail, entertainment and office functions. It offers over 200 stores, restaurants, services and entertainment outlets, a modern cinema, a fitness club, numerous attractions for children and several dozen special events per year. The shopping centre has been repeatedly recognized for its shopping comfort and customer friendliness and appreciated for its environmental friendliness with a BREEAM In-Use certificate.
Category: Agency
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2020 revenues of $23.8 billion. We have been included on the Fortune 500 since 2008, currently ranking #122. The firm’s shares trade on the New York Stock Exchange under the symbol “CBRE.”
Category: Bank
Pekao finances all segments of real estate, both construction and investment phases. Over the last three years, the bank has underwritten loans amounting to PLN 10 billion and in 2021 its lending volume came back to pre-covid levels with 90 percent being construction loans. The bank financed many landmark projects in Poland including the Warsaw Brewery revitalization,
the revitalization of the Norblin Factory and the revitalization of Elektrownia Powiśle.
Category: Asset Management Firm
Sierra Balmain provides real estate services in 15 Polish cities on 13 assets with a combined value of €1.3 billion and 1,370 tenants. Sierra Balmain has 134 employees and 18 years of regional experience having successfully provided service to and executed transactions with, dozens of Europe’s largest and most well-known investors.
Category: Investor
The company’s activities in the retail sector are based on the STOP SHOP brand for retail parks and VIVO! for shopping centres which are designed, above all, for secondary and tertiary cities. The retail portfolio is responsible for roughly 36 percent of the total portfolio value. In addition to the professional management of these properties, the company focuses on value-creating growth through its own development projects and acquisitions – always with the goal of strengthening its standing investments and sustainable cash flow.
Category: Retail Park Developer
Trei Real Estate Poland is a part of Trei Real Estate GmbH, a German real estate company with a registered office in Düsseldorf. The company acquires, develops and manages customised and sustainable retail and residential properties. Trei is currently developing its Vendo Park brand in Poland, the Czech Republic and Slovakia. A total of 39 retail parks have already been built, with 29 located in Poland.
Category: Developer
The company’s activities in the retail sector are based on the STOP SHOP brand for retail parks and VIVO! for shopping centres which are designed, above all, for secondary and tertiary cities. The retail portfolio is responsible for roughly 36 percent of the total portfolio value. In addition to the professional management of these properties, the company focuses on value-creating growth through its own development projects and acquisitions – always with the goal of strengthening its standing investments and sustainable cash flow.
Category: Expansion Project
The project is an extension of Designer Outlet Warszawa adding 5,500 sqm GLA, food court refurbishment, a new restaurant and a multilevel car parking extending the parking capacity of the project by 40 percent. After the expansion, Designer Outlet Warszawa is the largest premium outlet centre in Poland. The expansion was completed by DWS Group and ROS Retail Outlet Shopping.
Category: Refurbishment Project
The refurbishment of the MMG Ciechanów centre managed by Master Management Group was completed at the end of September 2021. This popular centre, which combines a retail park with a shopping arcade, has gained new tenants and the space within has been completely modernised.
Category: Future Project
Wilanów Park will be a modern mixed-use project that will stand out on the map of Warsaw, combining commercial functions, gastronomy, services and entertainment, surrounded by a two-hectare city park. It is a space where everything that is needed to meet the basic needs of residents is within just a quarter of an hour from leaving the house.
Category: Retail Park
Vendo Park Piekary Śląskie, developed by Trei Real Estate, has an area of 5,600 sqm. Its tenants include such brands as Biedronka, Orange, KiK, as well as six stores – Hebe, TEDi, Dealz, Neonet, Sinsay and Smyk – which are making their debut in the city.
Category: Mixed-use Project
Warsaw Breweries is a multi-functional city quarter project. It is a new, friendly and easily accessible part of Warsaw – located in the heart of Wola, in a place with many historical references. For years it has been a symbol of Warsaw entrepreneurship and one of the largest breweries in this part of Europe.
Category: Retail Project Small
Vendo Park Chorzów was opened by Trei Real Estate in November. The investment executed under the Vendo Park brand is the 28th facility of this type built by the developer in Poland and Trei’s fourth retail park in Silesia. It’s also the first retail park developed by Trei as part of a joint venture with Patron Capital.
Category: Retail Project Medium
Galeria Andrychów is the first and only modern retail scheme in Andrychów, Poland. Galeria Andrychów was developed as a joint venture between the developers Acteeum & Equilis.
Category: Retail Project Large
Etele Plaza opened on the 17th of September 2021 and is Hungary’s first smart plaza, which is located at the largest multimodal transport hub in Hungary. Etele Plaza is estimated to attract around 40,000 customers every day from the capital, the suburbs and the further towns that are easily accessible from its location.
Category: Speciality Retailer
Żabka Polska is the owner of the largest convenience store chain in CEE, with over 7,900 outlets run by over 6,500 franchisees under the Żabka brand. During twenty years of operation on the Polish market, the company gained the position of the leader in the convenience sales segment.
Category: Cosmetics Retailer
Rossmann is the leader of the drugstore market in Poland. Every day, over 820,000 people shop in its drugstores. The first store was established in 1993 in Łódź. 22 years later, the retailer celebrated the opening of its 1,000th drugstore in Warsaw’s Złote Trasa district. The company has over 1,500 stores in Poland.
Category: Fashion Retailer (Under 600 sqm)
Guess, designs, markets, distributes and licenses a collection of apparel and accessories for men, women and children. The company’s product lines include a range of clothing, including jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear and intimate apparel.
Category: Fashion Retailer (Over 600 sqm)
LPP is a Polish family business, and one of the fastest-growing clothing companies in the
region of Central and Eastern Europe. For 30 years it has been successfully operating in
Poland and abroad, offering its collection in traditional stores already on 26 markets,
including in such prestigious capitals as London, Helsinki, Tel Aviv or Moscow. LPP
manages five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay.
Category: Retail Innovation
Top on Stop is a combination of living and retail by IMMOFINANZ. The new Top on STOP concept involves the overbuilding of single-storey retail parks in the STOP SHOP brand to create low-cost housing directly adjacent to local suppliers and recreational facilities. IMMOFINANZ will expand its portfolio to include the growth segment of sustainable and affordable housing with
up to 12,000 apartments planned.
Category: Online Retailer
Eobuwie.pl is a leader in the online footwear and accessories sales market in Central and Eastern Europe, offering over 170,000 products from over 580 brands. The company currently operates in 17 European markets.
Category: Newcomer
HalfPrice is the off-price retail chain where customers find a wide range of products from well-known brands at very attractive prices. HalfPrice offer clothing, footwear, accessories, cosmetics, toys as well as home furnishings and accessories. The chain was inaugurated in May 2021 and by the end of the year already had 48 shops in 6 counties.
Category: Overall Retailer
HalfPrice is the off-price retail chain where customers find a wide range of products from well-known brands at very attractive prices. HalfPrice offer clothing, footwear, accessories, cosmetics, toys as well as home furnishings and accessories. The chain was inaugurated in May 2021 and by the end of the year already had 48 shops in 6 counties.
Category: Ultimate Retail Destination
Centrum Praskie Koneser is one of the most significant cultural and entertainment centres in Warsaw, located on the premises of the historic “Koneser” Vodka Factory. The uniqueness of the offer and interestingly designed urban space are the features that distinguish this place. The project was developed by Liebrecht & wooD Group and BBI Development.
Category: Professional of the Year
Jacek Wesołowski has 30 years of experience in retail, office and residential real estate. He was one of the initiators of the shopping centre format in Poland. Since 2016 he’s been a Managing Director of Trei Real Estate Poland, where he is responsible for strategic decisions concerning investments and building the company’s real estate portfolio.