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LULULEMON ANNOUNCES OPENING OF ITS FIRST STORES IN GREECE NEW TIMBERLAND STORE OPENS In Brief

THROUGH ITS FRANCHISE PARTNERSHIP WITH ARION RETAIL GROUP ITS DOORS IN GERMAN CAPITAL On celebrates Sweden opening

The first store opened on Saturday 23 May at The new Timberland store in Berlin With the new store in Stockholm, the Swiss
Akadimias 17 & Voukourestiou in Kolonaki, cen- has officially opened. For this project, Premium Sportswear brand continues its
tral Athens. A second store location is set to open Schweitzer Industries was responsible for strategic expansion. This move underscores
on Friday 12 June at the Golden Hall shopping mall. the complete realisation process - from the brand’s commitment to enhancing its
The opening of these stores represents an impor- engineering, value engineering and mate- retail presence and delivering a premium
tant step in lululemon’s continued expansion across rial research to production, logistics and experience in the region.
Europe, introducing the brand’s innovative athletic final on-site installation.
and lifestyle products, alongside community-led The result is a retail space that authen-
experiences rooted in movement and wellbeing, to tically reflects the Timberland brand Alo makes Australian debut
new guests in Greece. identity, combining functionality with a LA-based lifestyle brand Alo has made its
Located in the heart of Athens, the lululemon clear and recognisable design language. Australian debut, with the brand opening
Kolonaki store will showcase products designed to High-quality materials, precise execu- its first local store at Chatswood Chase. Alo
support a wide range of activities including yoga, tion and a consistent brand experience is known for its premium yoga apparel and
pilates, running, training, golf, tennis and everyday create a contemporary shopping environ- studio-to-street activewear, whilst expand-
movement. Guests will discover the brand’s prod- ment in the heart of the German capital ing into digital fitness through Alo Moves.
ucts across almost 180sq m of modern retail space. city of Berlin.

Moxy Budapest Downtown opens
The new Moxy Budapest Downtown hotel
Gran Hotel Taoro, the historic landmark hotel in PASSERINVEST TO COMPLETE PRAGUE has opened its doors in central Budapest,
INTERNATIONAL NEWS
northern Tenerife, has completed the final phase marking the debut of Marriott Interna-
of its three-year renovation with the opening of MIXED-USE PROJECT IN Q4 2026 tional’s lifestyle brand in Hungary. The
Sandára Wellness Centre, offering guests an addi - hotel is located on Kazinczy Street in one of
tional space dedicated to relaxation, restoration Passerinvest Group has completed the generous rooftop terraces covering Budapest’s cultural districts.
and holistic wellbeing, with exclusive treatments shell construction of the Hila multi- over 2,000sq m, providing one square
by Anne Semonin. functional building which is situated in metre of terrace for every 14.65sq m of
Designed to be a calm, sensory retreat, Sandára Prague’s Brumlovka district. office space. The administrative section New retail park opens its doors
Wellness Centre’s relaxation area includes a sauna, The 15-storey building reaches 55m includes a central atrium spanning Falcon Investment Management fund
steam room and experience showers, which over- at its highest point and combines offices, 464sq m and the building will achieve has expanded its retail portfolio with the
look the hotel’s gardens and natural landscape residential units, shops and services for Leed Gold certification. opening of Oto Park Sandomierz, the latest
beyond. The centre also features three individual the first time in the area. “Quality working environment is fun- addition to its growing Oto Park brand. The
treatment rooms and two spacious double rooms, When complete, the project will offer damental for us. We have long designed 7,000sq m retail park houses nine tenants,
allowing for personalised wellness and beauty rit - 20,200sq m of office space, 71 fully offices for people, not for spreadsheets. including Lidl and Action.
uals, either individually or as shared experiences. equipped rental apartments and 2,300sq Hila pushes this standard even further
The treatment menu includes specialised facials m of retail space. with its outdoor spaces, terraces, indoor
focused on hydration and rejuvenation.
The building meets EU taxonomy environment quality and overall daily ZEL lands in Fuerteventura
criteria and implements advanced comfort,” said Eduard Forejt, Devel- The lifestyle hospitality brand created by
technologies to provide healthy indoor opment and Commercial Director at Meliá Hotels International and Rafa Nadal
SCF EXPANDS POLISH RETAIL NEW BALANCE ENTERS air quality with 1,000 to 1,500 negative Passerinvest Group. welcomes ZEL Fuerteventura to the portfo-
Completion of the project is expected
ions per cubic centimetre, similar to
lio, introducing an active, social approach to
PORTFOLIO WITH PURCHASE BRISBANE WITH STORE LAUNCH conditions near waterfalls or in conif- to occur in Q4 2026, with move-ins wellbeing on the island. The new resort sits
beginning in H1 2027.
erous forests. Office spaces feature
on Playa de Sotavento.
The Czech investment group SCF has completed the acquisition The company has expanded its Australian retail presence with
of Janki Retail Park of Warsaw, located next to the shopping the opening of its first physical store in Brisbane, located at West
-
centre of the same name that SCF has owned for two years. The field Chermside. Arc’teryx has officially opened its largest store in the
seller was LCP Poland, part of M Core. The retail park houses The 300sq m retail space on level two of the shopping centre Southern Hemisphere within Sydney’s Queen Victoria
Media Markt and TK Maxx stores spanning over 7,000sq m. marks the brand’s tenth Australian store. The store layout is Building (QVB), unveiling a new three-level flagship
”We have long considered Poland to be one of the most attrac- designed to carry the company’s full range of performance and that marks a significant milestone for the brand across
tive retail real estate markets in Central Europe. That is why we lifestyle apparel and footwear, targeting both athletes and life- Australia and New Zealand.
have our own office here, staffed by a team of local experts and we style consumers. Occupying the largest apparel-based retail space
are actively expanding our portfolio of investment properties in Tim Page, New Balance’s Asia Pacific Head of Retail, said within the QVB, the new flagship introduces Australia’s
the country,” says Josef Malíř, CEO and Owner of SCF. the Chermside location is a key part of the company’s ongoing first Arc’teryx Alpha Store, a global concept designed to
SCF entered the Polish retail market two years ago by acquir- nationwide retail footprint expansion, aimed at establishing bring together the brand’s full expression across product,
ing six shopping centres from Cromwell Property Group for direct consumer touchpoints in major regional markets. innovation, community and immersive brand experience.
almost €300M. To mark the New Balance Brisbane store’s opening, the brand Located in the heart of Sydney’s CBD, the QVB flagship
This year, the group expanded with the acquisition of Jantar scheduled an in-store promotional activation on 30 May and 31 will house the most extensive range of Arc’teryx apparel
shopping centre in Słupsk, with a leasable area of 44,000sq m. May, in collaboration with skincare label Laneige and the local and equipment in Australia, spanning trail running,
Aareal Bank provided financing for the transaction, with JLL, business The Flower Bar, to offer a custom flower-bouquet assem- hiking, climbing, snow sports and everyday technical
Gleeds and Dentons providing advisory services. bly station. apparel, alongside footwear, accessories and packs.

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