Mitiska REIM opens 10th Karuzela retail park in Poland

23
Apr
2024
News - Mitiska REIM opens 10th Karuzela retail park in Poland #Karuzela Holding #Mitiska REIM #Poland #retail #retail park

by Property Forum | Retail

Mitiska REIM has announced the opening of a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.


Comprising 19 units with a gross leasable area (GLA) of 11,450 sqm and parking for 330 cars, the new Karuzela Świebodzin development has become the dominant retail scheme in the city. Designed to achieve a “Very Good” score on the BREEAM scale, the retail park is food-anchored by a Lidl supermarket and brings new brands to the city such as Sinsay, Cropp, House, CCC, Jysk, SMYK and Tedi. Other tenants include Pepco, Kik, Media Expert and Martes Sport.

Also opened as a retail anchor is an owner-occupied Bricomarche DIY store with a GLA of 2,300 sqm which joins a pre-existing McDonald’s restaurant on-site. Plans are in place to open a 1,200 sqm Bodzio Meble furniture store in the coming months, bringing the total GLA of the retail destination to 14,900 sqm.

Janusz Botorek, Member of the Board of Karuzela Holding, comments: “This Świebodzin development is a classic example of our convenience real estate approach in Poland. Conveniently located on a main access road and easily reached by multi-modal transport, this latest retail park has unrivalled visibility and brings to Świebodzin a comprehensive retail offering which includes the first new format Lidl supermarket and the first Bricomarche DIY store in the city. Karuzela Świebodzin has now become the go-to retail destination for everyday shopping in both the city and surrounding area.”

Magdalena Bednarczyk, Investment Associate in Mitiska REIM’s Polish team, adds: “This development brings new retail brands to the city of Świebodzin and is part of our strategy to bring necessity retail to cities across Poland in a way which is modern, sustainable and conveniently located for shoppers. The retail park proposition of convenience, essential shopping and value for money continues to be very attractive in Poland for retailers and shoppers alike.”

Sylvie Geuten-Carpentier, Managing Partner of Mitiska REIM, adds: “This latest opening continues our very successful partnership with Karuzela which has seen us create over the past five years a portfolio of assets across Poland representing a total GLA of 105,900 sqm. With five additional projects planned to open in the next two years, this will increase to 160,000 sqm of modern retail space, making it one of the most significant and sustainable retail park portfolios in Poland.”

Mitiska REIM’s Polish portfolio consists of ten retail parks in the cities of Września, Wodzisław, Lubliniec, Turek, Kołobrzeg, Biała Podlaska, Puławy, Ełk, Wągrowiec and Świebodzin. Five developments are planned for 2024/25 which includes a retail project in Jastrzębie-Zdrój which is scheduled to open in June 2024.




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New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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