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Retail Expansion
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2010

CEE Retail Real Estate Awards Final Results

Retail industry professionals come out in force to witness major accolades giving at the third annual EuropaProperty CEE Retail Real Estate Awards Gala

The third annual EuropaProperty CEE Retail Real Estate Awards, which highlighted the best commercial retail real estate companies, retailers, projects and people in the CEE region for 2010, continued to grow and build on previous successes by welcoming over 450 top real estate professionals to this year’s event.

The awards, held on February 10th at the five-star Intercontinental Hotel Warsaw in Poland, were awarded by an international academy of jurors, comprised of senior industry professionals, in five different categories consisting of retailer, shopping centre manager, company, project and overall awards.

This year’s ceremony saw a lot of companies walk off with more than one award and past winners recognised again for their continued market success.

Keen Property Partners Retail, for example, scooped two awards for Galeria Victoria, their acclaimed shopping centre project in Walbrzych, Poland. The centre was awarded Shopping Centre of the Year in the medium category and was also voted Overall Retail Project of the Year.

Richard Keen, Managing Director of Keen Property Partners, and Paul Kusmierz, Principal of Master Management, received the prizes on behalf of Keen Property Partners Retail, the developer of Galeria Victoria.

“Receiving these awards for Galeria Victoria is a real success and gives great satisfaction to all of our team, who were extremely committed to the development of this unique and beautiful shopping centre,” said Richard Keen. Paul Kusmierz, added, “It was a big project for us. We’re small private guys, who don’t have half the experience of the people in this room. Thank you very much, we couldn’t be happier.”

Atrium European Real Estate, who has been pretty active in the region with some high profile deals, for example the €171 million purchase of Promenada Shopping Centre in Warsaw, received the Investor of the Year. They also picked up the Overall Company of the Year award.

To coincide with the region’s ever changing market, and reflect its evolving nature, new awards and categories were added including: Big Box Retailer of the Year and Multi-Media Retailer of the Year, which were both won by the Metro Group.

Also added this year, to highlight the importance of good asset management, was the Shopping Centre Manager of the Year award. Metro Group Asset Management’s Krzysztof Kucharski won this accolade.

Changes to the project categories also reflected the changing dynamics of the region’s retail development markets with the addition of an Extended/Refurbished Project of the Year award. ING REIM continued their success from last year’s event by marching off with this award for their highly acclaimed and successful project on Warsaw’s Marszalkowska Street, Wars Sawa Junior.

Ballymore collected two awards for their mega Eurovea development in Bratislava, Slovakia. The project was awarded under the new category Mixed-use Development of the Year and Shopping Centre of the Year in the large category.

Other projects awarded on the night included Polimeni International’s Galeria Jastrzebie in Poland for Shopping Centre of the Year in the small category and Fashion House Gdansk Phase 2, by Fashion House Development, in the Factory Outlet Project of the Year award.

The Overall Professional of the Year award went to a genuinely surprised Yann Guen of Mayland. On accepting the award he said, “I’m totally surprised and very grateful. I’m very proud of my team and I would like to share this award with them, we try to be one of the best.”

Inter IKEA Centre Group were recognised for the their development in 2010 and walked off with the Retail Developer of the Year award and Salans picked up the Law Firm of the Year award.

Overall retailer of the Year went to Rossmann, who were recognised for their extensive expansion throughout 2010 and the Newcomer of the Year award was received by Diva. “We’re definitely newcomers here and we’re very excited about this market. You’ll be seeing a lot more of Diva in the future,” said the company’s triumphant General Director of CEE, Peter Bohn.

Other winners for the retailer specific awards included: Claire’s, Douglas, Tally Weijl, Mango, TK Maxx and Coffeeheaven, who won the Café-Fast Food Retailer of the Year for the third year in a row.

Other companies picking up an award for the third consecutive year included EC Harris for Project Management Firm of the Year, and Chapman Taylor again picked up Architectural Firm of the Year.

First Title won the Professional Service Provider of the Year award for the second time. On collecting the award, Andrew Jackson, CEE Director for First Title, said, “In spite of all the issues last year we have still managed to insure half a million euros worth of commercial property.”

Additional company awards were presented to ING Lease for Bank of the Year. Agency of the Year was won by Jones Lang LaSalle, Beatrice Mouton, Regional Director, Head of Retail CEE at Jones Lang LaSalle commented: “We share this award with all our clients and thank them for their loyalty, trust and belief in our retail capability for the past 19 years in the CEE region. Our success is their success.”

DTZ also won the Property Management of the Year award for the second year running and the Tax and Financial Adviser of the Year award went to PwC.

AWARD WINNERS
• Café-Fast Food Retailer of the Year: Coffeeheaven
• Big Box retailer of the Year: Metro Group
• Multi-Media retailer of the Year: Metro Group
• Specialty Retailer of the Year (under 100 sqm) Claire’s
• Speciality Retailer of the Year (over 100 sqm) Douglas
• Fashion Retailer of the Year (under 200 sqm) Tally Wiejl
• Fashion Retailer of the Year (under 500 sqm) Mango
• Fashion Retailer of the Year (over 500sqm) TK Maxx
• Newcomer of the Year: Diva
• Shopping Centre Manager of the Year: Krzysztof Kucharski - Metro Group Asset Management

• Professional Service Provider of the Year: First Title
• Tax and Financial Adviser of the Year: PwC
• Architectural Firm of the Year: Chapman Taylor
• Law Firm of the Year: Salans
• Property Management Firm of the Year: DTZ
• Project Management Firm of the Year: EC Harris
• Consultant / Letting Agent of the Year: Jones Lang LaSalle
• Bank/Finance Provider of the Year: ING Lease
• Investor of the Year: Atrium European Real Estate
• Developer of the Year: Inter IKEA Centre Group

• Factory Outlet Project of the Year: Fashion House Outlet Centre Gdansk Phase 2 - Fashion House Development - Poland
• Extended/Refurbished Project of the Year - Wars Sawa Junior - ING PFCEE/ING REIM/CDI - Poland
• Mixed-use Project of the Year - Eurovea – Ballymore - Slovakia
• Shopping Centre Small: under 15,000 sqm GLA - Galeria Jastrzebie - Polimeni International - Poland
• Shopping Centre Medium: 15,001 sqm to 40,000 sqm GLA - Galeria Victoria - Keen Property Partners Retail - Poland
• Shopping Centre Large: over 40,001 to 75,000 sqm GLA - Eurovea Galleria - Ballymore - Slovakia

• Overall Retailer of The Year: Rossmann
• Overall Company of the Year: Atrium European Real Estate
• Overall Project of the Year: Galeria Victoria - Keen Property Partners Retail - Poland
• Overall Professional of the Year: Yann Guen - Mayland

The event brought together some of the top-performing firms from all of the major retail market sectors in the rapidly expanding CEE region. The award winners were selected by the esteemed members of the EuropaProperty CEE Retail Awards Academy.

The retail awards gala and forum was organized to acknowledge and highlight the growing international significance of the commercial retail real estate market and related industries in the CEE region from both a development and investment perspective. Awards were presented for companies in the region for outstanding accomplishments for the year 2010.

EuropaProperty would like to thank all the participants at the event and congratulate the winners. The awards for 2011, to be held in February 2012, are set to be even more competitive in these increasingly dynamic and challenging markets.

The EuropaProperty CEE Retail Awards for 2010 was sponsored by Premier Partners: Inter IKEA Centre Group, ING Real Estate, Salans, Westdeutsche ImmobilienBank AG, King Sturge, AEW Europe. Cocktail Sponsor: Eurohypo. Associate Partners: Mayland, TriGranit, Panattoni Europe, TPA Horwath. Exclusive Software Partner: Manhattan. Award Sponsor: (Retailer of the Year) – Fashion House Outlet Centre/Polonia Property Funds. Coffee Break/Network Sponsor: Helaba Bank. Audit: Ernst & Young. Recruitment Partner: RealjobsCEE. Wine Partner: Mielżyński. Venue Partner: InterContinental Warsaw. Car Rental Partner: AVIS. Media Partners: Biznes Polska, Biz Poland, The City and PMR.

Premier Partners