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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  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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