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Scallier to develop new retail park in Vaslui

Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.

The project is scheduled to become operational this year and close to half of the retail spaces have already been leased. The retail park in Vaslui will be the fifth property developed by Scallier in Romania.

The company completed projects in Roșiorii de Vede and Focșani and is continuing the development of retail sites in Turda and Timișoara.

“We are consistently implementing the plan for the development of retail parks in Romanian cities, building a balanced portfolio of real estate generating stable income based on contracts with recognized international and local brands,” said Wojciech Jurga, Managing Partner at Scallier, responsible for managing the company’s development in Romania.

The investments in retail parks have picked up in Romania during the pandemic and market consultants expect the development to continue in smaller cities.

Source: www.property-forum.eu

Scallier secures permit for fifth Romania retail park

Polish retail developer Scallier has received its latest building permit for the development of its Funshop Park network in Romania – for a retail park in the eastern town of Vaslui.

The permit is for the construction of a 9,975 sqm retail park, which is scheduled to come into use in 2022. More than 4,000 sqm of the space has already been leased, to such brands as New Yorker, Hervis, Designer Outlet and Zoo Center, while advanced talks with other tenants are underway.

This will be the fifth such centre opened by Scallier, following the openings of Funshop Parks in Roșiorii de Vede and Focșani last year and the eventual openings of two parks under construction in Turda and Timișoara. Scallier aims to achieve BREEAM certification for all its retail parks.

We are consistently rolling out our plan for the development of retail parks in Romanian cities, building a balanced portfolio that generates stable income based on contracts with recognised international and local brands. Our properties are tailored to local conditions as much as possible and are of great interest to retail chains: the space in our centres are leased before they come into use, so that when they are opened, we can offer consumers an interesting and complementary offer that meets their basic needs.
Wojciech Jurga, the managing partner of Scallier responsible for its development in Romania

Vaslui has a population of around 50,000.

Source: www.eurobuildcee.com

Scallier gets construction permit for retail park in Turda

Property developer Scallier says it has secured a building permit for a new retail park located in Turda. The project will have a leasable area of 9,000 sqm and has already attracted a mix of retailers.

This year, the company has already delivered two retail parks in the country in Focșani and Roșiorii de Vede with a total rentable area of more than 11,000 sqm.

The new project in Turda is slated for delivery in the second half of 2022.

“Our retail parks reflect the requirements of retail chains and the expectations of local communities to the most possible extent. As their purchasing power is increasing, residents of the smaller urban areas expect rich and diverse offerings from domestic and international brands. So far they had to travel to larger cities to do shopping in modern malls, which required both plenty of time and extra money to spend,” said Adrian Aleman, Development Director at Scallier’s Romanian subsidiary.

The newest project in Turda will be certified according to to the international BREEAM green rating standard.

Source: www.property-forum.eu

Scallier buys retail project in Timișoara

Polish developer Scallier has purchased a retail project in Timișoara from Oasis Group for an undisclosed sum.

The buyer will develop a retail centre with a leasable area of 10,800 sqm that should be delivered in the first quarter of 2022, according to economica.net.

“The concept introduced by Scallier on the Romanian market involves the integration of modern premises to serve a wide range of customers. The project we are preparing for Timișoara aims to revitalize the retail area and to bring new standards corresponding to the real needs of customers,” says Adrian Aleman, Development Director for Scallier Romania.

The new project will join the FunShop Park network. Law firm PeliPartners assisted Scallier in the transaction.

Source: www.property-forum.eu

Scallier’s second retail park in Romania set to open this week

Polish company Scallier is set to open its second retail park in Romania on November 11. Located in Focsani in Vrancea county, east-central Romania, the centre comprises 5,000 sqm GLA, of which 100% has already been leased.

The first retail park built by Scallier in Romania opened in September in Roșiorii de Vede. The company plans to develop similar projects in other Romanian towns, some of them having 2022 as the estimated delivery time.

“The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites near existing large-format grocery shops. In tandem, they create an attractive destination: for daily grocery shopping, well-known clothing and electronics brands, food court offer, or even a playground for children,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

The retail park in Focsani has tenants such as Sinsay, Pepco, KiK, Kids Outlet, Animax, Xpress and Hervis, as well as the Dabo Doner and Bun de Tot restaurants.

Source: www.romania-insider.com

Scallier to deliver second retail park in Romania

Polish company Scallier will open its second retail park in Romania on November 11 as part of its expansion strategy on the local market.

The project under the Funshop Park brand is located in Focșani and has a leasable area of 5,000 sqm that has been fully occupied. The opening comes less than two months after Scallier delivered its first local retail park in Roșiorii de Vede.

”The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites near existing large-format grocery shops,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

The company has other retail projects under development in Romania that will be delivered throughout 2022.

“Romania is the market that has a large retail potential connected with increasing purchase power of Romanian citizens as well as lack of modern retail space except for markets of the biggest Romanian cities,” said Adrian Aleman, Development Director in Scallier. He added that more than 30% of modern retail space is in Bucharest so there is still room for development in smaller cities.

Source: www.property-forum.eu

Scallier opens its first retail park in Southern Romania

Polish developer Scallier has delivered its first retail park in Romania and has a pipeline of new retail projects in the country.

Funshop Retail Park Roșiorii de Vede has a leasable area of 6,200 sqm and is fully occupied by a mix of retail tenants and restaurant operators.

“We leased the available space a few months before the project was put into operation. This trend is confirmed by our other developments where we have already leased space or are in advanced negotiations for space. We are planning the next opening in November, in Focșani, and we expect that on the day of the opening the occupancy rate for this retail park will also reach 100%,” said Adrian Aleman, Development Director at Scallier Romania.

The company’s Managing Partner Wojciech Jurga adds that retail parks are the type of assets that are resilient to market turbulence, including the dynamic development of e-commerce.

“We are opening two more parks in the coming months and the construction of further facilities will start soon,” said Wojciech Jurga, Managing Partner at Scallier.

Meanwhile, Scallier’s new park in Focșani will have a leasable area of 5,000 sqm and is almost fully occupied.

Source: www.property-forum.eu

Scallier: Pre-Opening of retail park in Rosorii De Vede

Jysk and Pepco are the first tenants to start their operations in the Rosiorii de Vede retail park. The official opening of the project is scheduled for late September.

The retail park in Rosiori will augment the Romanian market with 6,200 sqm of modern and already fully-leased retail space. Scallier has more in store for this year in Romania: a cutting edge park in Focsani is launched in November. This 5,000-square-metre project is almost fully leased as well. For next year, Scallier plans to open at least three more parks in Romania. The company is working intensively on further developments.

Apart from Jysk and Pepco, which have already inaugurated their operations in the project developed by Scallier in Rosiori, other shops will include: Sinsay, KIK, Martes Sport, Deichmann, or one of the largest Romanian retail chains offering electronic goods- Flanco. On top of the broad array of retail outlets, the Romanian parks will also offer a choice of catering providers; in Rosiori, Vibe and City Doner restaurants are scheduled to open their eateries.

“The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites in immediate vicinity of existing large-format grocery shops. In tandem, they create an attractive destination: for daily grocery shopping, well-known clothing and electronics brands, food court offer, or even a playground for children,” says Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“This asset class proved its worth even in the wake of the coronavirus restrictions. Retail parks remained open, often becoming the only functioning shops at a location. In the era of booming e-commerce, they are becoming even more valuable: their local character facilitates efficient delivery of goods ordered online to individual customers,” observes Adrian Aleman from Scallier’s Romanian branch. “High flexibility of the space, allowing for quick adaptation of the offer to the expectations of local communities, builds significant market advantages of parks over large shopping malls, for example. These features, among others, allow us to predict that smaller retail formats will continue to develop and their share in the overall available retail space volume will certainly grow on the markets in question,” concludes Adrian Aleman of Scallier’s Romanian branch.

The retail park in Rosiorii de Vede will be BREEAM certified. The international company Gleeds is responsible for the process.

Source: www.across-magazine.com

Funshop Park Focșani on its way

Polish investment manager Scallier has started the construction work on a Funshop Park in Focșani in eastern Romania.

The retail park, which is due to open in November, is to comprise 5,000 sqm gla, of which 70 pct has already been leased.

This is the second Funshop Park on which construction work has begun, with the first being in Roșiorii de Vede in the south of the country, which is to open in September. Scallier is also preparing to develop retail parks in other Romanian locations.

The retail space market in Romania is unusually polarised. For certain, most new space is built in Bucharest as well as in a few other cities, which leaves many large and small towns completely without any modern retail. This creates huge opportunities in this market for us to supply the retail formats that meet their needs. Our advantage is that we also know these local markets very well.
Adrian Aleman, the development director of Scallier

Funshop Park Focșani is already 70 pct leased, to such brands as Sinsay, KiK, Pepco, Animax and Xpress.

Source: www.eurobuildcee.com

Funshop Park in Focșani 70% leased

In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.

“Retail parks are currently experiencing a renaissance. All those qualities that once meant the largest investors would fail to take them seriously have resulted in them not only improving their market position but also becoming one of the fastest developing retail asset classes,” says Wojciech Jurga, the Managing Partner of Scallier responsible for the development of the Funshop Park chain in Romania. “Some of the arguments that speak out in favour of this form of real estate are the proximity of retail parks, their range of goods, which is matched to shoppers’ needs, the way they are built, their lower rental costs compared to larger centres allowing a diversified tenant mix to be built up including local businesses and also their lower maintenance costs. Retail parks also guarantee flexibility. It is easy to adapt them to changing customer preferences as well as to other market conditions. As a result, we cannot complain about a lack of tenants. Our parks are built in the vicinity of large grocery chain stores, which means that we mutually complement each other with what we offer thus guaranteeing crucial footfall,” sums up Wojciech Jurga.

“The retail space market in Romania is unusually polarised. For certain, most new retail space is built in Bucharest as well as in a few other cities, which leaves many large and small towns completely without modern retail space. This creates huge opportunities for us to supply retail formats in this market that meet their needs. Our advantage is that we also know these local markets very well,” says Adrian Aleman, Development Director at Scallier, who before joining Scallier was responsible for the development of a large grocery chain in Romania.

In the Funshop retail park in Focșani, stores are to be opened by well-known international chains, but also by local entrepreneurs. The tenants list of Funshop Park Focsani includes such names as Sinsay, KiK, Pepco, Animax, and Xpress, as well as the Dabo Doner, Hello Donuts and Bun de Tot restaurants. Other service outlets to open are Superbet and Las Vegas Casino. “The wide range of food and restaurants, as well as recreation, make Romanian retail parks stand out from those that operate in Poland. Romanian shoppers expect restaurants and other culinary outlets to accompany traditional retail stores in retail parks. In Polish retail parks, food and restaurants are only just beginning to appear. Nevertheless, we see that this is a direction that the Polish retail sector is also heading in just as we see the increasing significance that retail parks have for local communities,” points out Wojciech Jurga.

Source: www.linkedin.com

More food & beverage tenants in Funshop Parks

Polish company Scallier, which is developing a network of retail parks in Romania, has signed a number of lease agreements for two new Funshop Parks – in Roșiorii de Vede and in Focșani, both of which are already at advanced stages of development. The Funshop Park in Roșiorii de Vede (6,200 sqm) is scheduled to come into use at the turn of the third and fourth quarters of this year, while the park in Focșani (5,000 sqm) is to open in the fourth quarter. The new tenants signing these contracts are Vibe (in Roșiori, which will also include a City Doner restaurant) as well as Dabo Doner and Bun de Tot (in Focșani). The restaurants will offer customers the opportunity to eat multi-course meals in the retail parks as well as pick up takeaways – a delicious burger, for example. More Funshop retail parks are to open in new locations in 2022.

“Food & beverage tenants have been increasingly making their presence felt in retail parks – and in Romania this trend is especially evident. Compared to Poland, we have been seeing much greater interest from tenants for space intended for restaurants or other gastronomic formats. This is due to the different expectations of the local communities here that are the main customers of such centres,” explains Wojciech Jurga, the partner at Scallier responsible for the company’s expansion on the Romanian market.

“Restaurants and social zones of various kinds have been embraced by Romanian consumers. The residents of small and medium-sized Romanian towns and cities are eager to take advantage of such amenities offered by modern retail, as when out shopping they are more than happy to spend time in a restaurant or in play areas with their children,” points out Adrian Aleman, Scallier’s Development Director in Romania. “Another important fact is that Funshop Parks are being built in locations where there is a shortage of modern retail space. Our centres offer opportunities for well-known retailers to open close to customers in locations where such chains have previously been absent. In turn, the residents of smaller towns will be able to make the kind of purchases that they have only been able to buy in larger cities until now,” adds Adrian Aleman.

“We have been receiving many enquiries from potential tenants, some of whom have already signed contracts with us. In Roșiori, after four months of construction we already have 80% of the available space leased. While at Focșani we started the construction work last month and have already secured contracts for half of the available space,”reveals Wojciech Jurga.

The largest tenants to have already signed contracts to open stores in Funshop Parks are Sinsay, KiK, Jysk, Pepco and Flanco. Advanced negotiations are also underway regarding the lease of space in parks that are scheduled to open in 2022. “In taking care of the standard of our centres we will certify them under the BREEAM environmental system, in order to emphasise their exceptional quality, sustainability and our special approach to local communities,”adds Wojciech Jurga.

Source: www.scallier.com

More catering for Funshop customers

Polish company Scallier has signed a number of lease agreements with food and beverage tenants for two retail parks of its Funshop Park network in Romania.

The new tenants include City Doner for its Funshop Park in Roșiorii de Vede (about 120 km southeast of Bucharest), as well as Dabo Doner and Bun de Tot for Scallier’s park in Focșani (app.. 185 km northeast of Bucharest).

Food & beverage tenants have been increasingly making their presence felt in retail parks – and in Romania this trend is especially evident. Compared to Poland, we have been seeing much greater interest from tenants for space intended for restaurants or other gastronomic formats. This is due to the different expectations of the local communities here that are the main customers of such centres.
Wojciech Jurga, the partner at Scallier responsible for the company’s expansion on the Romanian market.

The Funshop Park in Roșiorii de Vede (6,200 sqm) is scheduled to come into use at the turn of the third and fourth quarters of this year, while the park in Focșani (5,000 sqm) is to open in the fourth quarter.

Source: www.eurobuildcee.com

KiK opens new store in Romania

A new 640m² KiK store is going to be opened in the retail park Funshop Park in Focșani. The new retail park belongs to a chain developed by a Polish company Scallier in small and medium Romanian cities. Signing the contract with the recognized retail chain KiK, which is one of the largest German retail labels, is for us an attestation of the high-quality product and the correctness of the business assumptions regarding our development on the Romanian market. Retail parks created under the Funshop Park brand will be tailored – to as much degree as possible – to the requirements of the local communities in respect of their retail, catering and services offer. The quality of the space we deliver is of key importance to us, and to prove the high standards we adhere to, all Funshop Parks will be certified under the BREEAM standard, says Wojciech Jurga, Managing Partner at Scallier, who is responsible for the company’s development on the Romanian market.

Romania holds enormous potential, which stems from the growing purchasing power of its citizens and from modern retail being practically absent outside the main cities. Over 31% of all modern retail space in Romania (3.96 m m²) is found in Bucharest. Smaller towns population expects modern shopping in locations closer to their homes. Funshop Parks fills in this gap by delivering a unique solution that incorporates food and catering, which distinguishes them from the retail parks built in Poland, adds Wojciech Jurga.

Source: www.europe-re.com

Scallier announces 70% lease for first retail park in Romania

Polish company Scallier has announced that 70% of available space has been leased in its first retail park under the Funshop Park brand in Romania.

Among the tenants are brands as KiK, Jysk, Sinsay, and Flanco. Funshop Park now being built in Rosiorii de Vede will provide the market with a total of 6,200 sqm of modern retail space. It is scheduled for opening in Q3 2021.

Scallier has plans to complete six retail parks in small and medium Romanian towns by the end of 2022. The Romanian market will this way grow in total by 40,000 sqm of GLA. The Company is also conducting advanced talks concerning more locations.

“These locations do not usually have access to modern retail, and the local inhabitants travel to larger cities to shop for the more known brands. We are going to change that. The Romanian map of retail space has a lot of blank spots. We want to fill these gaps”, says Wojciech Jurga, Managing Partner at Scallier, who is responsible for the company’s development on the Romanian market.

Another two Funshop Parks will be completed this year in Focșani and Moșnița, near Timișoara.

Scallier manages commercial space investments and assets, focusing on maximizing property value over time. The present value of the retail properties portfolio managed by Scallier is around €120 million.

Source: www.property-forum.eu

Sinsay sashays into Funshop Park

A 1,500 sqm Sinsay store is to open in Funshop Park in Roșiorii de Vede in southern Romania.

The clothing brand, which is owned by Polish fashion group LPP, will feature in the retail park from its opening, which is scheduled for Q3 this year. The project is one of six Funshop Parks being developed by Polish company Scallier in Romania.

Funshop Park is a format specifically adapted to the needs of local inhabitants. We want the retail parks to meet the basic needs of local communities, but also provide shopping opportunities that used to be available only in larger cities, often after a long ride. Funshop Parks will change this situation. In Rosiorii de Vede, right next to our park, a modern Lidl chain store is being created, and in the parks themselves, on top of retail, catering and services, customers will also enjoy recreational facilities, such as safe playgrounds. Our ambition is to make Funshop Parks local hotspots that will play commercial as well integration and recreational roles.
Wojciech Jurga, a managing partner of Scallier

By the end of 2022, Scallier is aiming to have completed around 40,000 sqm gla of such retail space in small and medium cities across Romania.

Source: www.eurobuildcee.com

Scallier to develop large retail park network in Romania

Polish company Scallier is developing a new chain of retail parks in Romania under the Funshop Park brand with the first three expected to open this year. Wojciech Jurga, Managing Partner at Scallier provided an update on the company’s development plans and talked about the differences between the Polish and Romanian markets.

Why did you decide to enter the Romanian market?

Bulgaria and Romania are where modern retail space is most scarce in the EU. Two years ago we decided to enter the Romanian market and I consider this to be the right choice. Why? Retail space must be created where retail companies are on the rise. The strategy many of them pursue includes development in Romania. One example is Schwartz Group, owner of the Lidl and Kaufland chains. Several of their retail chains will be launched in 2021. Developing the Romanian retail park market is an important task for both the tenants who are already active in this market and those planning to expand there. Many cities lack modern retail space and creating retail parks in such market conditions offers a competitive advantage.

How did you choose which locations to build in?

What counts is the location and who is the first one to launch a business in each location. That is why we choose places where there is no competition yet. Other success factors are the tenant choice of the retail park and its size. The grocery store, the availability of services and the gastronomic offer are key. The facility must have at least 5,000 sqm to compete effectively in the future.

How advanced are the projects? When will the first Funshop Parks be ready to receive visitors?

Six projects are being carried out in Romania. We have already obtained construction permits for three – in Roșiorii de Vede, Focșani and Moșnița Nouă (next to Timișoara) – and we plan to put them into operation by the end of 2021. Further retail parks in Turda, Vaslui and Hunedoara are scheduled to open in 2022. Our goal is to build a large network of modern retail parks across Romania.

Has the pandemic made executing your development strategy more difficult?

We had prepared ourselves for this venture. We studied the market for two years, created a local team and acquired land to build the Funshop Park network. Despite the pandemic, the schedule is going as planned.

Has competition from e-commerce affected your development plans?

Any deliberation on whether we should develop sales in retail parks or shift to e-commerce will first appear in Poland. In Romania, we will reach this stage after larger retail space saturation is achieved.

Do you see any major differences in customer expectations between the Romanian and Polish market?

In Romania, we encountered a greater demand for a gastronomic offer than in Poland. This is probably due to the local culture – Romanians eat out more often. At the onset of the project, we did not take that into account. Queries concerning catering units emerged when the first and second projects were in the pipeline. So we decided to include not only commerce but also leisure space – catering areas and playgrounds for children. There were also requests for service space, e.g. for medical facilities. Before the pandemic, we negotiated a contract with a cinema chain. For obvious reasons, it was not finalised. This shows the differences between the Polish and Romanian markets and the level of demand for modern retail space.

Do you expect more Polish retail chains to enter the Romanian market?

I expect both Western European and Polish retail chains to enter the Romanian market. Polish companies enjoy a strong position in Romania and expect more of them to start their operations in the near future. The Romanian market resembles what the Polish one was a dozen or so years ago. The experience of the Polish chains from that period will pay off.

When do you think a saturation level comparable to the Polish market will be achieved in Romania?

In Poland, retail space is available in medium-sized and small cities. In Romania, apart from Bucharest and a few other cities, there is a shortage of such space. In my opinion, Romania faces at least five years of intensive development. Will we reach a level of saturation comparable to that in Poland by then? I do not think so.

Source: www.property-forum.eu

Funshop Parks to be green parks

Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its new parks.

By 2022, Scallier aims to have opened six Funshop Parks in the country with a total of 40,000 sqm gla. Further projects are in the preparatory stage.

Funshop Park will introduce a new quality of retail to medium-sized and small towns in Romania. The inhabitants of such areas often do not have access to modern retail or it is very limited. Funshop Park will bridge this gap by providing their inhabitants with tailor-made facilities offering an attractive retail and F&B mix. We are in the process of advanced talks with tenants. The latter include Polish retail chains wishing to develop in the attractive Romanian market, which is characterised by the rapidly growing purchasing power of consumers. At the same time, the Romanian market is very polarised: most of modern retail space operating in the country is located in Bucharest. One of our basic goals is to develop properties that are as sustainable as possible, providing tangible benefits to tenants and local communities.
Wojciech Jurga, a partner at Scallier responsible for the company’s Romanian expansion

Up to now only 8 assets in the retail and service sector in Romania have obtained BREEAM certification. Overall, there are more than 250 green buildings in Romania, almost half of which have been certified in the last three years and the highest number in 2019.

Construction consultancy Gleeds will be responsible for the certification process as well as project and cost management services.

Currently, around 75 pct of the certified buildings are located in Bucharest. These statistics show great potential for developing green buildings in the rest of Romania’s regions – outside the capital city. The decision to choose BREEAM certification was motivated by the possibility of using not only European but also local standards, and a variety of solutions that contribute to the development of land with respect for the environment. Thanks to using the BREEAM criteria, including appropriate design solutions, we can gain additional advantages for users of all age groups, for example playgrounds in outdoor areas.
Justyna Chmielewska, the head of sustainability at Gleeds Polska

Source: www.eurobuildcee.com

Scallier’s retail parks in Romania to be certified under BREEAM

Polish company Scallier, which is developing a chain of retail parks in Romania under the brand name Funshop Park, has decided to choose BREEAM as the certification system for newly built schemes. Gleeds, one of the world’s largest companies operating in the construction consultancy market, is responsible for the certification process as well as project and cost management services. By 2022, Scallier plans to deliver 6 assets under the Funshop Park brand, which will offer a total of 40,000 sqm of modern retail space (GLA). Further projects are in the preparatory stage.

“We are in the process of advanced talks with tenants. The latter include Polish retail chains wishing to develop in the attractive Romanian market, which is characterised by the rapidly growing purchasing power of consumers. At the same time, the Romanian market is very polarised: most of the modern retail space operating in the country is located in Bucharest. One of our basic goals was to develop properties that are as sustainable as possible, providing tangible benefits to tenants and local communities,” says Wojciech Jurga, Partner at Scallier.

So far, only 8 assets in the retail and service sector in Romania have obtained BREEAM certification. Scallier will therefore make a significant contribution to expanding this pool and developing this positive trend. Overall, there are more than 250 green buildings in Romania, nearly half of which have been certified within the past 3 years, with the highest number in 2019.

“Currently, around 75% of the certified buildings are located in Bucharest. These statistics show great potential for developing green buildings in the rest of Romania’s regions – outside the capital city. The decision to choose BREEAM certification was motivated by the possibility of using not only European but also local standards, and a variety of solutions that contribute to the development of land with respect for the environment. Thanks to using the BREEAM criteria, including appropriate design solutions, we gain additional advantages for users of all age groups, e.g. playgrounds in outdoor areas,” says Justyna Chmielewska, Head of Sustainability at Gleeds Polska.

Gleeds’ contract for Scallier includes project management and cost management services, which are the responsibility of the local Gleeds Romania team, and BREEAM certification, which is executed by a team of specialists from Gleeds Poland.

Source: www.property-forum.eu

Scallier is developing a network of retail parks in Romania

Funshop Park is a new chain of retail parks that are being built in small and medium-sized Romanian cities. By 2022, 6 facilities with a total leasable area of 40,000 sqm will be completed.

Work is currently underway to prepare further investments. The projects are carried out by Scallier from Poznań, which has been operating on the Polish market for nearly a decade and specializes in investment management in the sector of small and medium-sized commercial facilities.

Funshop Park is a compact facility tailored to the needs of local communities.

“Hence, a characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania”, says Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time which this country is currently located within. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all”, emphasizes Wojciech Jurga.

“The situation related to this pandemic, which changes the market conditions, is also important. E-commerce and complementary projects are dynamically developing, meeting the expectations of consumers and making it possible to shop quickly and conveniently”, he adds.

Scallier’s specialists are already in the later stages of negotiations with Polish retail chains regarding the lease of space in the Parks.

“We also actively encourage all other tenants who want to develop their sales network in Romania. Our ambition is to create an environment that is very well suited to the needs and expectations of the inhabitants of small and medium-sized Romanian cities and the requirements of local and international retail chains”, concludes Wojciech Jurga.

Source: www.across-magazine.com

Polish company plans to develop six retail parks in smaller Romanian cities by 2022

Polish company Scallier plans to develop six new retail parks in smaller Romanian cities by 2022.

The six projects will have a total leasable area of 40,000 sqm. The new chain, branded Funshop Park, includes compact facilities tailored to the needs of local communities.

“A characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time where this country is now. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all,” Jurga added.

Scallier plans to draw Polish retailers to open shops in its retail parks.

The Poznan-based developer has been active on the Polish market for nearly ten years. The company has 54 properties under management in Poland worth about EUR 125 mln, according to data available on its website.

Source: www.romania-insider.com

Scallier to develop a network of retail parks in Romania

Scallier is developing a network of Funshop Park retail parks in Romania. It is expected that the company will complete 6 facilities with a total leasable area of 40,000m² by 2022. Work is currently underway to prepare further investments.

“Funshop Park is a compact facility tailored to the needs of local communities. Hence, a characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market. “We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time which this country is currently located within. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all. The situation related to this pandemic, which changes the market conditions, is also important. E-commerce and complementary projects are dynamically developing, meeting the expectations of consumers and making it possible to shop quickly and conveniently.”

Source: www.europe-re.com

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Scallier to develop new retail park in Vaslui

Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.

The project is scheduled to become operational this year and close to half of the retail spaces have already been leased. The retail park in Vaslui will be the fifth property developed by Scallier in Romania.

The company completed projects in Roșiorii de Vede and Focșani and is continuing the development of retail sites in Turda and Timișoara.

“We are consistently implementing the plan for the development of retail parks in Romanian cities, building a balanced portfolio of real estate generating stable income based on contracts with recognized international and local brands,” said Wojciech Jurga, Managing Partner at Scallier, responsible for managing the company’s development in Romania.

The investments in retail parks have picked up in Romania during the pandemic and market consultants expect the development to continue in smaller cities.

Source: www.property-forum.eu

Scallier secures permit for fifth Romania retail park

Polish retail developer Scallier has received its latest building permit for the development of its Funshop Park network in Romania – for a retail park in the eastern town of Vaslui.

The permit is for the construction of a 9,975 sqm retail park, which is scheduled to come into use in 2022. More than 4,000 sqm of the space has already been leased, to such brands as New Yorker, Hervis, Designer Outlet and Zoo Center, while advanced talks with other tenants are underway.

This will be the fifth such centre opened by Scallier, following the openings of Funshop Parks in Roșiorii de Vede and Focșani last year and the eventual openings of two parks under construction in Turda and Timișoara. Scallier aims to achieve BREEAM certification for all its retail parks.

We are consistently rolling out our plan for the development of retail parks in Romanian cities, building a balanced portfolio that generates stable income based on contracts with recognised international and local brands. Our properties are tailored to local conditions as much as possible and are of great interest to retail chains: the space in our centres are leased before they come into use, so that when they are opened, we can offer consumers an interesting and complementary offer that meets their basic needs.
Wojciech Jurga, the managing partner of Scallier responsible for its development in Romania

Vaslui has a population of around 50,000.

Source: www.eurobuildcee.com

Scallier gets construction permit for retail park in Turda

Property developer Scallier says it has secured a building permit for a new retail park located in Turda. The project will have a leasable area of 9,000 sqm and has already attracted a mix of retailers.

This year, the company has already delivered two retail parks in the country in Focșani and Roșiorii de Vede with a total rentable area of more than 11,000 sqm.

The new project in Turda is slated for delivery in the second half of 2022.

“Our retail parks reflect the requirements of retail chains and the expectations of local communities to the most possible extent. As their purchasing power is increasing, residents of the smaller urban areas expect rich and diverse offerings from domestic and international brands. So far they had to travel to larger cities to do shopping in modern malls, which required both plenty of time and extra money to spend,” said Adrian Aleman, Development Director at Scallier’s Romanian subsidiary.

The newest project in Turda will be certified according to to the international BREEAM green rating standard.

Source: www.property-forum.eu

Scallier buys retail project in Timișoara

Polish developer Scallier has purchased a retail project in Timișoara from Oasis Group for an undisclosed sum.

The buyer will develop a retail centre with a leasable area of 10,800 sqm that should be delivered in the first quarter of 2022, according to economica.net.

“The concept introduced by Scallier on the Romanian market involves the integration of modern premises to serve a wide range of customers. The project we are preparing for Timișoara aims to revitalize the retail area and to bring new standards corresponding to the real needs of customers,” says Adrian Aleman, Development Director for Scallier Romania.

The new project will join the FunShop Park network. Law firm PeliPartners assisted Scallier in the transaction.

Source: www.property-forum.eu

Scallier’s second retail park in Romania set to open this week

Polish company Scallier is set to open its second retail park in Romania on November 11. Located in Focsani in Vrancea county, east-central Romania, the centre comprises 5,000 sqm GLA, of which 100% has already been leased.

The first retail park built by Scallier in Romania opened in September in Roșiorii de Vede. The company plans to develop similar projects in other Romanian towns, some of them having 2022 as the estimated delivery time.

“The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites near existing large-format grocery shops. In tandem, they create an attractive destination: for daily grocery shopping, well-known clothing and electronics brands, food court offer, or even a playground for children,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

The retail park in Focsani has tenants such as Sinsay, Pepco, KiK, Kids Outlet, Animax, Xpress and Hervis, as well as the Dabo Doner and Bun de Tot restaurants.

Source: www.romania-insider.com

Scallier to deliver second retail park in Romania

Polish company Scallier will open its second retail park in Romania on November 11 as part of its expansion strategy on the local market.

The project under the Funshop Park brand is located in Focșani and has a leasable area of 5,000 sqm that has been fully occupied. The opening comes less than two months after Scallier delivered its first local retail park in Roșiorii de Vede.

”The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites near existing large-format grocery shops,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

The company has other retail projects under development in Romania that will be delivered throughout 2022.

“Romania is the market that has a large retail potential connected with increasing purchase power of Romanian citizens as well as lack of modern retail space except for markets of the biggest Romanian cities,” said Adrian Aleman, Development Director in Scallier. He added that more than 30% of modern retail space is in Bucharest so there is still room for development in smaller cities.

Source: www.property-forum.eu

Scallier opens its first retail park in Southern Romania

Polish developer Scallier has delivered its first retail park in Romania and has a pipeline of new retail projects in the country.

Funshop Retail Park Roșiorii de Vede has a leasable area of 6,200 sqm and is fully occupied by a mix of retail tenants and restaurant operators.

“We leased the available space a few months before the project was put into operation. This trend is confirmed by our other developments where we have already leased space or are in advanced negotiations for space. We are planning the next opening in November, in Focșani, and we expect that on the day of the opening the occupancy rate for this retail park will also reach 100%,” said Adrian Aleman, Development Director at Scallier Romania.

The company’s Managing Partner Wojciech Jurga adds that retail parks are the type of assets that are resilient to market turbulence, including the dynamic development of e-commerce.

“We are opening two more parks in the coming months and the construction of further facilities will start soon,” said Wojciech Jurga, Managing Partner at Scallier.

Meanwhile, Scallier’s new park in Focșani will have a leasable area of 5,000 sqm and is almost fully occupied.

Source: www.property-forum.eu

Scallier: Pre-Opening of retail park in Rosorii De Vede

Jysk and Pepco are the first tenants to start their operations in the Rosiorii de Vede retail park. The official opening of the project is scheduled for late September.

The retail park in Rosiori will augment the Romanian market with 6,200 sqm of modern and already fully-leased retail space. Scallier has more in store for this year in Romania: a cutting edge park in Focsani is launched in November. This 5,000-square-metre project is almost fully leased as well. For next year, Scallier plans to open at least three more parks in Romania. The company is working intensively on further developments.

Apart from Jysk and Pepco, which have already inaugurated their operations in the project developed by Scallier in Rosiori, other shops will include: Sinsay, KIK, Martes Sport, Deichmann, or one of the largest Romanian retail chains offering electronic goods- Flanco. On top of the broad array of retail outlets, the Romanian parks will also offer a choice of catering providers; in Rosiori, Vibe and City Doner restaurants are scheduled to open their eateries.

“The retail parks developed by Scallier in small and medium-sized Romanian towns fill a market gap: smaller towns often lack modern retail space. We tend to locate our sites in immediate vicinity of existing large-format grocery shops. In tandem, they create an attractive destination: for daily grocery shopping, well-known clothing and electronics brands, food court offer, or even a playground for children,” says Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“This asset class proved its worth even in the wake of the coronavirus restrictions. Retail parks remained open, often becoming the only functioning shops at a location. In the era of booming e-commerce, they are becoming even more valuable: their local character facilitates efficient delivery of goods ordered online to individual customers,” observes Adrian Aleman from Scallier’s Romanian branch. “High flexibility of the space, allowing for quick adaptation of the offer to the expectations of local communities, builds significant market advantages of parks over large shopping malls, for example. These features, among others, allow us to predict that smaller retail formats will continue to develop and their share in the overall available retail space volume will certainly grow on the markets in question,” concludes Adrian Aleman of Scallier’s Romanian branch.

The retail park in Rosiorii de Vede will be BREEAM certified. The international company Gleeds is responsible for the process.

Source: www.across-magazine.com

Funshop Park Focșani on its way

Polish investment manager Scallier has started the construction work on a Funshop Park in Focșani in eastern Romania.

The retail park, which is due to open in November, is to comprise 5,000 sqm gla, of which 70 pct has already been leased.

This is the second Funshop Park on which construction work has begun, with the first being in Roșiorii de Vede in the south of the country, which is to open in September. Scallier is also preparing to develop retail parks in other Romanian locations.

The retail space market in Romania is unusually polarised. For certain, most new space is built in Bucharest as well as in a few other cities, which leaves many large and small towns completely without any modern retail. This creates huge opportunities in this market for us to supply the retail formats that meet their needs. Our advantage is that we also know these local markets very well.
Adrian Aleman, the development director of Scallier

Funshop Park Focșani is already 70 pct leased, to such brands as Sinsay, KiK, Pepco, Animax and Xpress.

Source: www.eurobuildcee.com

Funshop Park in Focșani 70% leased

In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.

“Retail parks are currently experiencing a renaissance. All those qualities that once meant the largest investors would fail to take them seriously have resulted in them not only improving their market position but also becoming one of the fastest developing retail asset classes,” says Wojciech Jurga, the Managing Partner of Scallier responsible for the development of the Funshop Park chain in Romania. “Some of the arguments that speak out in favour of this form of real estate are the proximity of retail parks, their range of goods, which is matched to shoppers’ needs, the way they are built, their lower rental costs compared to larger centres allowing a diversified tenant mix to be built up including local businesses and also their lower maintenance costs. Retail parks also guarantee flexibility. It is easy to adapt them to changing customer preferences as well as to other market conditions. As a result, we cannot complain about a lack of tenants. Our parks are built in the vicinity of large grocery chain stores, which means that we mutually complement each other with what we offer thus guaranteeing crucial footfall,” sums up Wojciech Jurga.

“The retail space market in Romania is unusually polarised. For certain, most new retail space is built in Bucharest as well as in a few other cities, which leaves many large and small towns completely without modern retail space. This creates huge opportunities for us to supply retail formats in this market that meet their needs. Our advantage is that we also know these local markets very well,” says Adrian Aleman, Development Director at Scallier, who before joining Scallier was responsible for the development of a large grocery chain in Romania.

In the Funshop retail park in Focșani, stores are to be opened by well-known international chains, but also by local entrepreneurs. The tenants list of Funshop Park Focsani includes such names as Sinsay, KiK, Pepco, Animax, and Xpress, as well as the Dabo Doner, Hello Donuts and Bun de Tot restaurants. Other service outlets to open are Superbet and Las Vegas Casino. “The wide range of food and restaurants, as well as recreation, make Romanian retail parks stand out from those that operate in Poland. Romanian shoppers expect restaurants and other culinary outlets to accompany traditional retail stores in retail parks. In Polish retail parks, food and restaurants are only just beginning to appear. Nevertheless, we see that this is a direction that the Polish retail sector is also heading in just as we see the increasing significance that retail parks have for local communities,” points out Wojciech Jurga.

Source: www.linkedin.com

More food & beverage tenants in Funshop Parks

Polish company Scallier, which is developing a network of retail parks in Romania, has signed a number of lease agreements for two new Funshop Parks – in Roșiorii de Vede and in Focșani, both of which are already at advanced stages of development. The Funshop Park in Roșiorii de Vede (6,200 sqm) is scheduled to come into use at the turn of the third and fourth quarters of this year, while the park in Focșani (5,000 sqm) is to open in the fourth quarter. The new tenants signing these contracts are Vibe (in Roșiori, which will also include a City Doner restaurant) as well as Dabo Doner and Bun de Tot (in Focșani). The restaurants will offer customers the opportunity to eat multi-course meals in the retail parks as well as pick up takeaways – a delicious burger, for example. More Funshop retail parks are to open in new locations in 2022.

“Food & beverage tenants have been increasingly making their presence felt in retail parks – and in Romania this trend is especially evident. Compared to Poland, we have been seeing much greater interest from tenants for space intended for restaurants or other gastronomic formats. This is due to the different expectations of the local communities here that are the main customers of such centres,” explains Wojciech Jurga, the partner at Scallier responsible for the company’s expansion on the Romanian market.

“Restaurants and social zones of various kinds have been embraced by Romanian consumers. The residents of small and medium-sized Romanian towns and cities are eager to take advantage of such amenities offered by modern retail, as when out shopping they are more than happy to spend time in a restaurant or in play areas with their children,” points out Adrian Aleman, Scallier’s Development Director in Romania. “Another important fact is that Funshop Parks are being built in locations where there is a shortage of modern retail space. Our centres offer opportunities for well-known retailers to open close to customers in locations where such chains have previously been absent. In turn, the residents of smaller towns will be able to make the kind of purchases that they have only been able to buy in larger cities until now,” adds Adrian Aleman.

“We have been receiving many enquiries from potential tenants, some of whom have already signed contracts with us. In Roșiori, after four months of construction we already have 80% of the available space leased. While at Focșani we started the construction work last month and have already secured contracts for half of the available space,”reveals Wojciech Jurga.

The largest tenants to have already signed contracts to open stores in Funshop Parks are Sinsay, KiK, Jysk, Pepco and Flanco. Advanced negotiations are also underway regarding the lease of space in parks that are scheduled to open in 2022. “In taking care of the standard of our centres we will certify them under the BREEAM environmental system, in order to emphasise their exceptional quality, sustainability and our special approach to local communities,”adds Wojciech Jurga.

Source: www.scallier.com

More catering for Funshop customers

Polish company Scallier has signed a number of lease agreements with food and beverage tenants for two retail parks of its Funshop Park network in Romania.

The new tenants include City Doner for its Funshop Park in Roșiorii de Vede (about 120 km southeast of Bucharest), as well as Dabo Doner and Bun de Tot for Scallier’s park in Focșani (app.. 185 km northeast of Bucharest).

Food & beverage tenants have been increasingly making their presence felt in retail parks – and in Romania this trend is especially evident. Compared to Poland, we have been seeing much greater interest from tenants for space intended for restaurants or other gastronomic formats. This is due to the different expectations of the local communities here that are the main customers of such centres.
Wojciech Jurga, the partner at Scallier responsible for the company’s expansion on the Romanian market.

The Funshop Park in Roșiorii de Vede (6,200 sqm) is scheduled to come into use at the turn of the third and fourth quarters of this year, while the park in Focșani (5,000 sqm) is to open in the fourth quarter.

Source: www.eurobuildcee.com

KiK opens new store in Romania

A new 640m² KiK store is going to be opened in the retail park Funshop Park in Focșani. The new retail park belongs to a chain developed by a Polish company Scallier in small and medium Romanian cities. Signing the contract with the recognized retail chain KiK, which is one of the largest German retail labels, is for us an attestation of the high-quality product and the correctness of the business assumptions regarding our development on the Romanian market. Retail parks created under the Funshop Park brand will be tailored – to as much degree as possible – to the requirements of the local communities in respect of their retail, catering and services offer. The quality of the space we deliver is of key importance to us, and to prove the high standards we adhere to, all Funshop Parks will be certified under the BREEAM standard, says Wojciech Jurga, Managing Partner at Scallier, who is responsible for the company’s development on the Romanian market.

Romania holds enormous potential, which stems from the growing purchasing power of its citizens and from modern retail being practically absent outside the main cities. Over 31% of all modern retail space in Romania (3.96 m m²) is found in Bucharest. Smaller towns population expects modern shopping in locations closer to their homes. Funshop Parks fills in this gap by delivering a unique solution that incorporates food and catering, which distinguishes them from the retail parks built in Poland, adds Wojciech Jurga.

Source: www.europe-re.com

Scallier announces 70% lease for first retail park in Romania

Polish company Scallier has announced that 70% of available space has been leased in its first retail park under the Funshop Park brand in Romania.

Among the tenants are brands as KiK, Jysk, Sinsay, and Flanco. Funshop Park now being built in Rosiorii de Vede will provide the market with a total of 6,200 sqm of modern retail space. It is scheduled for opening in Q3 2021.

Scallier has plans to complete six retail parks in small and medium Romanian towns by the end of 2022. The Romanian market will this way grow in total by 40,000 sqm of GLA. The Company is also conducting advanced talks concerning more locations.

“These locations do not usually have access to modern retail, and the local inhabitants travel to larger cities to shop for the more known brands. We are going to change that. The Romanian map of retail space has a lot of blank spots. We want to fill these gaps”, says Wojciech Jurga, Managing Partner at Scallier, who is responsible for the company’s development on the Romanian market.

Another two Funshop Parks will be completed this year in Focșani and Moșnița, near Timișoara.

Scallier manages commercial space investments and assets, focusing on maximizing property value over time. The present value of the retail properties portfolio managed by Scallier is around €120 million.

Source: www.property-forum.eu

Sinsay sashays into Funshop Park

A 1,500 sqm Sinsay store is to open in Funshop Park in Roșiorii de Vede in southern Romania.

The clothing brand, which is owned by Polish fashion group LPP, will feature in the retail park from its opening, which is scheduled for Q3 this year. The project is one of six Funshop Parks being developed by Polish company Scallier in Romania.

Funshop Park is a format specifically adapted to the needs of local inhabitants. We want the retail parks to meet the basic needs of local communities, but also provide shopping opportunities that used to be available only in larger cities, often after a long ride. Funshop Parks will change this situation. In Rosiorii de Vede, right next to our park, a modern Lidl chain store is being created, and in the parks themselves, on top of retail, catering and services, customers will also enjoy recreational facilities, such as safe playgrounds. Our ambition is to make Funshop Parks local hotspots that will play commercial as well integration and recreational roles.
Wojciech Jurga, a managing partner of Scallier

By the end of 2022, Scallier is aiming to have completed around 40,000 sqm gla of such retail space in small and medium cities across Romania.

Source: www.eurobuildcee.com

Scallier to develop large retail park network in Romania

Polish company Scallier is developing a new chain of retail parks in Romania under the Funshop Park brand with the first three expected to open this year. Wojciech Jurga, Managing Partner at Scallier provided an update on the company’s development plans and talked about the differences between the Polish and Romanian markets.

Why did you decide to enter the Romanian market?

Bulgaria and Romania are where modern retail space is most scarce in the EU. Two years ago we decided to enter the Romanian market and I consider this to be the right choice. Why? Retail space must be created where retail companies are on the rise. The strategy many of them pursue includes development in Romania. One example is Schwartz Group, owner of the Lidl and Kaufland chains. Several of their retail chains will be launched in 2021. Developing the Romanian retail park market is an important task for both the tenants who are already active in this market and those planning to expand there. Many cities lack modern retail space and creating retail parks in such market conditions offers a competitive advantage.

How did you choose which locations to build in?

What counts is the location and who is the first one to launch a business in each location. That is why we choose places where there is no competition yet. Other success factors are the tenant choice of the retail park and its size. The grocery store, the availability of services and the gastronomic offer are key. The facility must have at least 5,000 sqm to compete effectively in the future.

How advanced are the projects? When will the first Funshop Parks be ready to receive visitors?

Six projects are being carried out in Romania. We have already obtained construction permits for three – in Roșiorii de Vede, Focșani and Moșnița Nouă (next to Timișoara) – and we plan to put them into operation by the end of 2021. Further retail parks in Turda, Vaslui and Hunedoara are scheduled to open in 2022. Our goal is to build a large network of modern retail parks across Romania.

Has the pandemic made executing your development strategy more difficult?

We had prepared ourselves for this venture. We studied the market for two years, created a local team and acquired land to build the Funshop Park network. Despite the pandemic, the schedule is going as planned.

Has competition from e-commerce affected your development plans?

Any deliberation on whether we should develop sales in retail parks or shift to e-commerce will first appear in Poland. In Romania, we will reach this stage after larger retail space saturation is achieved.

Do you see any major differences in customer expectations between the Romanian and Polish market?

In Romania, we encountered a greater demand for a gastronomic offer than in Poland. This is probably due to the local culture – Romanians eat out more often. At the onset of the project, we did not take that into account. Queries concerning catering units emerged when the first and second projects were in the pipeline. So we decided to include not only commerce but also leisure space – catering areas and playgrounds for children. There were also requests for service space, e.g. for medical facilities. Before the pandemic, we negotiated a contract with a cinema chain. For obvious reasons, it was not finalised. This shows the differences between the Polish and Romanian markets and the level of demand for modern retail space.

Do you expect more Polish retail chains to enter the Romanian market?

I expect both Western European and Polish retail chains to enter the Romanian market. Polish companies enjoy a strong position in Romania and expect more of them to start their operations in the near future. The Romanian market resembles what the Polish one was a dozen or so years ago. The experience of the Polish chains from that period will pay off.

When do you think a saturation level comparable to the Polish market will be achieved in Romania?

In Poland, retail space is available in medium-sized and small cities. In Romania, apart from Bucharest and a few other cities, there is a shortage of such space. In my opinion, Romania faces at least five years of intensive development. Will we reach a level of saturation comparable to that in Poland by then? I do not think so.

Source: www.property-forum.eu

Funshop Parks to be green parks

Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its new parks.

By 2022, Scallier aims to have opened six Funshop Parks in the country with a total of 40,000 sqm gla. Further projects are in the preparatory stage.

Funshop Park will introduce a new quality of retail to medium-sized and small towns in Romania. The inhabitants of such areas often do not have access to modern retail or it is very limited. Funshop Park will bridge this gap by providing their inhabitants with tailor-made facilities offering an attractive retail and F&B mix. We are in the process of advanced talks with tenants. The latter include Polish retail chains wishing to develop in the attractive Romanian market, which is characterised by the rapidly growing purchasing power of consumers. At the same time, the Romanian market is very polarised: most of modern retail space operating in the country is located in Bucharest. One of our basic goals is to develop properties that are as sustainable as possible, providing tangible benefits to tenants and local communities.
Wojciech Jurga, a partner at Scallier responsible for the company’s Romanian expansion

Up to now only 8 assets in the retail and service sector in Romania have obtained BREEAM certification. Overall, there are more than 250 green buildings in Romania, almost half of which have been certified in the last three years and the highest number in 2019.

Construction consultancy Gleeds will be responsible for the certification process as well as project and cost management services.

Currently, around 75 pct of the certified buildings are located in Bucharest. These statistics show great potential for developing green buildings in the rest of Romania’s regions – outside the capital city. The decision to choose BREEAM certification was motivated by the possibility of using not only European but also local standards, and a variety of solutions that contribute to the development of land with respect for the environment. Thanks to using the BREEAM criteria, including appropriate design solutions, we can gain additional advantages for users of all age groups, for example playgrounds in outdoor areas.
Justyna Chmielewska, the head of sustainability at Gleeds Polska

Source: www.eurobuildcee.com

Scallier’s retail parks in Romania to be certified under BREEAM

Polish company Scallier, which is developing a chain of retail parks in Romania under the brand name Funshop Park, has decided to choose BREEAM as the certification system for newly built schemes. Gleeds, one of the world’s largest companies operating in the construction consultancy market, is responsible for the certification process as well as project and cost management services. By 2022, Scallier plans to deliver 6 assets under the Funshop Park brand, which will offer a total of 40,000 sqm of modern retail space (GLA). Further projects are in the preparatory stage.

“We are in the process of advanced talks with tenants. The latter include Polish retail chains wishing to develop in the attractive Romanian market, which is characterised by the rapidly growing purchasing power of consumers. At the same time, the Romanian market is very polarised: most of the modern retail space operating in the country is located in Bucharest. One of our basic goals was to develop properties that are as sustainable as possible, providing tangible benefits to tenants and local communities,” says Wojciech Jurga, Partner at Scallier.

So far, only 8 assets in the retail and service sector in Romania have obtained BREEAM certification. Scallier will therefore make a significant contribution to expanding this pool and developing this positive trend. Overall, there are more than 250 green buildings in Romania, nearly half of which have been certified within the past 3 years, with the highest number in 2019.

“Currently, around 75% of the certified buildings are located in Bucharest. These statistics show great potential for developing green buildings in the rest of Romania’s regions – outside the capital city. The decision to choose BREEAM certification was motivated by the possibility of using not only European but also local standards, and a variety of solutions that contribute to the development of land with respect for the environment. Thanks to using the BREEAM criteria, including appropriate design solutions, we gain additional advantages for users of all age groups, e.g. playgrounds in outdoor areas,” says Justyna Chmielewska, Head of Sustainability at Gleeds Polska.

Gleeds’ contract for Scallier includes project management and cost management services, which are the responsibility of the local Gleeds Romania team, and BREEAM certification, which is executed by a team of specialists from Gleeds Poland.

Source: www.property-forum.eu

Scallier is developing a network of retail parks in Romania

Funshop Park is a new chain of retail parks that are being built in small and medium-sized Romanian cities. By 2022, 6 facilities with a total leasable area of 40,000 sqm will be completed.

Work is currently underway to prepare further investments. The projects are carried out by Scallier from Poznań, which has been operating on the Polish market for nearly a decade and specializes in investment management in the sector of small and medium-sized commercial facilities.

Funshop Park is a compact facility tailored to the needs of local communities.

“Hence, a characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania”, says Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time which this country is currently located within. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all”, emphasizes Wojciech Jurga.

“The situation related to this pandemic, which changes the market conditions, is also important. E-commerce and complementary projects are dynamically developing, meeting the expectations of consumers and making it possible to shop quickly and conveniently”, he adds.

Scallier’s specialists are already in the later stages of negotiations with Polish retail chains regarding the lease of space in the Parks.

“We also actively encourage all other tenants who want to develop their sales network in Romania. Our ambition is to create an environment that is very well suited to the needs and expectations of the inhabitants of small and medium-sized Romanian cities and the requirements of local and international retail chains”, concludes Wojciech Jurga.

Source: www.across-magazine.com

Polish company plans to develop six retail parks in smaller Romanian cities by 2022

Polish company Scallier plans to develop six new retail parks in smaller Romanian cities by 2022.

The six projects will have a total leasable area of 40,000 sqm. The new chain, branded Funshop Park, includes compact facilities tailored to the needs of local communities.

“A characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market.

“We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time where this country is now. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all,” Jurga added.

Scallier plans to draw Polish retailers to open shops in its retail parks.

The Poznan-based developer has been active on the Polish market for nearly ten years. The company has 54 properties under management in Poland worth about EUR 125 mln, according to data available on its website.

Source: www.romania-insider.com

Scallier to develop a network of retail parks in Romania

Scallier is developing a network of Funshop Park retail parks in Romania. It is expected that the company will complete 6 facilities with a total leasable area of 40,000m² by 2022. Work is currently underway to prepare further investments.

“Funshop Park is a compact facility tailored to the needs of local communities. Hence, a characteristic feature of these projects will be a diversified gastronomical service offer, it’s an expectation of Romanian customers. This, among other things, distinguishes Polish parks from those implemented in Romania,” said Wojciech Jurga, Managing Partner at Scallier responsible for the company’s development on the Romanian market. “We decided to implement projects in Romania due to how similar this market is to the Polish market, as well as the special moment in time which this country is currently located within. Romania is in a place where Poland was about 10 years ago. The wealth of residents is growing, and the offer of modern retail space is very limited. In many cities with tens of thousands of people, there are no such spaces at all. The situation related to this pandemic, which changes the market conditions, is also important. E-commerce and complementary projects are dynamically developing, meeting the expectations of consumers and making it possible to shop quickly and conveniently.”

Source: www.europe-re.com