JTRE opens shopping centre extension in Slovakia

23
Sep
2021
News - JTRE opens shopping centre extension in Slovakia #development #extension #JTRE #mall #retai #shopping #Slovakia

by Property Forum | Retail

The first modern regional shopping centre in Prešov, the third biggest city in Slovakia, is opening a second stage on 23 September. JTRE’s expanded EPERIA Shopping Mall will include new fashion brands, restaurants, and a multiplex cinema, with the retail area increasing by 50%.  The shopping centre will provide visitors with a wide range of customer services, more parking spaces, and new indoor and outdoor relaxation zones.


Just four years after opening, this addition of a further 11,000 sqm of leasable area over three floors will eventually deliver 25 new shops. Followers of fashion will enjoy the network of five stores of the Polish fashion operator LPP: Reserved, Cropp, House, Mohito and Sinsay will together cover 5,400 sqm.

"When EPERIA opened, we set ourselves the goal of bringing a regional shopping centre to Prešov with world-class design – a quality shopping experience that truly belongs to an exceptional regional shopping centre. The new fashion destination of EPERIA for the city and region of Prešov was mapped from the outset by a wonderful selection of fashion brands. As the second stage welcomes new brands – with the first stage at full capacity – EPERIA will rank among the top regional shopping centres in Slovakia," observes Peter Píš, director of JTRE’s commercial real estate department.

The extensive entertainment and leisure range is being further complemented by the addition of KINO STAR’s five modern boutique cinemas. Eating options have been increased with modern concepts in the food court, and a separate Burger King with a drive-in.

In connection with increased floor space, the car park will have an additional 200 spaces to bring the total to 800 (mostly underground). A public transport stop has been added next to EPERIA and improved roads will ease vehicle access from the city centre.

Construction of EPERIA’s second stage began in January 2020. The expansion was implemented by JTRE, which has been behind the project since day one. "EPERIA was our first retail project of such scale, and its second stage expansion will truly leverage its market potential. I believe we have achieved a good mix of shops, restaurants, and services to meet the needs of the over 100,000 residents in Prešov and the local area. With an enlarged EPERIA, Prešov has a shopping centre of supraregional importance,“ explains Pavel Pelikán, JTRE’s executive director.

The two-floor EPERIA opened in November 2017 with almost 100 shops covering 22,000 sqm. Shortly after opening, preparations began on extending the centre -  since visitor numbers had exceeded the owner’s forecasts. "The first stage’s success was due to an attractive mix of shops, services, entertainment and eating places, as well as factors necessary for the success of regional shopping centres: transport accessibility and parking spaces. Having acquired key tenants for the expansion and with increasing footfall, the decision was made to expand the shopping centre," explains Juraj Bielik, member of the board of 365.invest, správ. spol., a.s. (formerly the First Pension Management Company), which is part of the Skupiny 365.bank and a project investor.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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