New shopping mall opens in Warsaw

14
Sep
2017
News - New shopping mall opens in Warsaw #Cushman&Wakefield #development #GTC #JLL #mall #Poland #retail #shopping #Warsaw

by Import Sys | Retail

Galeria Północna, GTC’s latest retail development in the Polish capital has officially opened. The mall has a total leasable area of 64,800 sqm and is LEED Gold pre-certified.


Galeria Północna is the first large-scale shopping centre of fourth-generation in the northern part of Warsaw and it is the first shopping gallery of such size since over a decade that was completed in the Polish capital. The commercial complex of over 64,000 sqm is located on Światowida Street in Warsaw. GTC Group is both the investor and the manager of Galeria Północna.
 
According to the GTC’s research, approx. 750,000 inhabitants, mostly young people and families with children, live in the direct range of the building. The specificity of these target groups has been taken into account not only in the commercial offer but also in the architectural design of the building, created by APA Wojciechowski and Tzur Architects, e.g. the special arrangement of the roof space enables active rest among greenery. The facility will also meet the highest ecological standards, confirmed by pre-certification of LEED Gold rating level.
 
More than 200 shops, boutiques and service points of national and international brands, food court, cinema with 11 halls and parking with 2,300 spaces are available to visitors. The tenant list includes inter alia the first in Poland, Hamleys shop, LPP brands, Forever 21, TK Maxx, H&M, Martes Sport, Cinema City, EURO RTV/AGD, CCC, sports club Calypso, Carrefour with full-sized hypermarket, Bierhalle, and Enel-Med medical centre.
 
Cushman&Wakefield and JLL were responsible for the commercialization of Galeria Północna.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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