M Core opens Świdnik M Park retail centre

03
Apr
2023
News - M Core opens Świdnik M Park retail centre #LCP Properties #M Core #Poland #retail #Świdnik

by Property Forum | Retail

With a €10 million investment, M Core has made another commitment to its portfolio in Poland through the announcement of the Świdnik M Park development. At 7,700 ssqm, the retail park will be the largest development for M Core in Poland and the first created under the M Park brand, built by LCP Properties — one of the five property entities that sits under the M Core umbrella.


The centre has tenant mix with retailers such as Pepco, Dealz, Action, Sinsay, Rossmann, Martes Sport, large Portuguese food operator Biedronka. 

Krystian Modrzejewski, Group Head of Expansion for M Core division LCP Properties (Poland), commented: "Świdnik M Park has been open on 30th of March, with ambitious plans set to ensure its success as a bustling hub for its community, which has been calling out for a retail park of this size. This €10 million development comes as part of M Core’s £1 billion investment target for the UK and Europe during 2023. With this fund, we’re pleased to expand our portfolio across Poland and continue towards our goal.”




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New leases

  • Poland’s largest residential developer, Dom Development, has finalised a lease extension and significant expansion at the Metropolitan Warszawa building. Under the new agreement, the firm will occupy more than 4,000 sqm of office space. JLL represented the tenant throughout the negotiations.
  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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