News Article development KG Group Krakow outlet Peakside Poland retail
by Property Forum | Retail

KG Group SA and Peakside Capital have teamed up to develop a new outlet centre in Kraków. ROS Retail Outlet Shopping has been selected as the manager of the Cracovia Outlet project with a wide range of fashion & lifestyle products. The construction of the centre will start soon and the opening is planned for autumn 2021.

“The competition on the market of shopping and outlet centres in Poland is very high. Based on this assumption, we decided that the best solution would be to develop one outlet centre in Kraków together. We want to use the know-how and experience of both companies,” said Krzysztof Gaczorek, President of the Management Board of KG Group SA.

The new outlet centre will have a total area of ​​approx. 20,000 sqm with 120 stores offering fashion and lifestyle products. The centre will be supplemented with a retail and entertainment offer to be built on an area of ​​60,000 sqm.

The facility will be managed by ROS Retail Outlet Shopping, one of the leading European outlet operators. The ROS portfolio in Poland includes Designer Outlet centres in Warsaw, Gdańsk and Sosnowiec.