A New Modern Mall Hopes to Draw Belarusians Back to the Home Market

RRY Capital

In saturated markets, the retail stock per capita is equal to 600 sq. metres per 1,000 persons. Minsk presents good opportunities for retailers with its 370 sq. metres per 1,000 persons and with just a few foreign brands currently available.

Mazen Hamwieh, Project Manager at RRY Capital, which is currently developing the Palazzo Shopping Mall in Minsk, spoke to Jerry Cameron about the new mall, as well as prospects for the retail market in Belarus’ capital city.

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The Shopping Experience Is Set To Go Global in Belarus from 2017 Onwards

As an expat who has lived in Belarus, for three years now, I can say that it is not easy to shop for clothes here. There aren’t many recognisable international brands in the market and the ones that are here have only one shop in Minsk and lack in both quantity and variety, so finding your style or the right size is definitely a challenge.  Continue reading The Shopping Experience Is Set To Go Global in Belarus from 2017 Onwards

2016 — a Year Of Revival In the Croatian Real Estate Market

Croatia has officially overcome the economic crisis, with GDP displaying growth, albeit modest, for the third consecutive quarter. The GDP recovery is a result of numerous factors including trade partners’ recovery, the oil price slump, a record tourist season, personal income tax cuts and the relief that low interest rates have leveraged on households and firms. Continue reading 2016 — a Year Of Revival In the Croatian Real Estate Market

Strong Demand for Retail Stock Expected to Continue Through to 2014

shopping Warsaw

A positive sentiment for investment in Poland’s future continues as retail expansion in the region centres around growing shopping centre stock, according to Jones Lang LaSalle’s latest Poland Retail Market. Two major new projects feature: a multi-use complex, Galeria Katowicka in Katowice and downtown shopping gallery Plac Unii by BBI Development in Warsaw.

Continue reading Strong Demand for Retail Stock Expected to Continue Through to 2014