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The Warsaw Voice » Real Estate » October 14, 2009
The Real Estate Voice
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October 14, 2009   
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Reserved at Fashion House Gdańsk
LPP SA has signed a lease for premises at Fashion House Gdańsk shopping center. The company will open an outlet store with the Reserved, Reserved Kids, Esotiq, Mohito and Cropp brands. The store will occupy 365 square meters. This will be LPP's second outlet store in Poland selling the Reserved brand. It is due to open in mid-November 2009.

Construction of stage two of Fashion House Gdańsk began early this spring, and the opening is planned for mid-November.

Shopping centers like the Fashion House Outlet centers sell remainders of clothing, footwear, appliance and home textile lines for 30 to 70 percent less than the original retail price.

The agent responsible for finding tenants in stage two of Fashion House Gdańsk is CB Richard Ellis Polska.

King Sturge Agent for Galeria Krotoszyńska
Real estate services firm King Sturge has been tasked with finding tenants for Galeria Krotoszyńska, a new mall planned for the town of Krotoszyn, Wielkopolska province. This is the latest project by developer City Park Development. The new shopping center will be just 200 meters from the town's main square, between Kobylińska, Sienkiewicza and Zacisze streets. The opening is planned for the fourth quarter of 2011, and the project's total space is 12,000 sq m.

Galeria Victoria Cornerstone Laid
The cornerstone-laying ceremony for the first modern shopping and entertainment center in Wałbrzych, Lower Silesia province, was held Sept. 22. Galeria Victoria will be built on a 10-hectare plot at the intersection of 1 Maja and Skarżyska streets in the city center.

The developer is Keen Property Partners Retail. A total of 43,000 sq m will be offered for lease. The project is worth about 75 million euros, with another 20 million euros to be spent on planned hotel and residential space. Construction of Galeria Victoria began in February and the opening is planned for next summer.

Galeria Victoria will be the first modern retail/service/entertainment complex in Wałbrzych, with a supplementary hotel and housing component. It will also be the city's first shopping center with a multiple-screen movie theater (Cinema City). So far, almost 60 percent of the space has been leased out. CB Richard Ellis is responsible for finding tenants.

New Tenants for Shopping Paradise
A NOMI home improvement store and a store offering children's clothing and accessories from the Ja¶ i Małgosia and Coccodrillo brands have signed up as tenants at the Raj (Paradise) shopping center in Dębica.

The NOMI store has leased 2,350 sq m, and the store with children's goods just over 400 sq m.

The Raj center has been in existence since 1999. Its re-commercialization has been entrusted to Colliers International. The center is located at the junction of the Podkarpacie region's two main highways, 1.5 km from Dębica town center, and occupies 14,000 sq m. The main tenants are Kaufland, Deichmann, Rossmann, CCC, 5.10.15. and Nike/Puma. The center is the property of IVS Grupa, a Dębica developer active in commercial projects for many years that will soon start building new shopping centers in Mielec and Kra¶nik.

Mall for Katowice Station
The planned modernization of the transport terminal in Katowice will involve the construction of a complex comprising a rail station, a bus terminal, a retail and service center as well as a business and cultural center.

The station building on Wilhelma Szewczyka Square in the city center will be connected with the retail/service center. The mall will occupy all of Szewczyka Square. Offering 53,000 sq m of space, the mall will have five stories as well as two underground parking levels for 1,200 cars. A seven-story office facility will be built in the western wing. The new station building and shopping mall will be connected with a pedestrian passageway called Aleja Mody (Fashion Avenue).

The design refers to prewar Katowice's downtown. The complex's three avenues in a triangular arrangement will recreate the frontage that in the past was formed by tenement houses.

The project will be completed in stages, the first being the new station building.

The multi-purpose center will be built in two stages. The opening is planned for 2012. Completion of the free-standing office building is planned for the fourth quarter of 2013. The complex's investor and developer is Spanish company Neinver Sp. z o.o. Its partner in the project is national rail company PKP. Cushman & Wakefield has been tasked with finding tenants for the Dworzec Katowice shopping mall.
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