Savills to manage M7’s Polish shopping centre

07
Aug
2018
News - Savills to manage M7’s Polish shopping centre #M7 Real Estate #mall #property management #retail #Savills #shopping

by Property Forum | Retail

Savills became the property manager of the Zgorzelec Plaza shopping and entertainment centre owned by the M7 Real Estate fund.


Zgorzelec Plaza is a retail property located in the Lower Silesian Voivodeship totalling approx. 25,000 sqm, with approx. 12,500 sqm of retail space for lease. The facility architecture provides access to daylight in the common areas. Extensive entertainment offer includes a cinema and a bowling alley. The tenants of the centre currently include the following networks: Empik, H&M, Multikino, Komputronik, Martes Sport, Media Expert, and Rossmann.
 
“We are glad to continue our cooperation with M7 Real Estate and see a retail facility being added to their portfolio of office and warehouse properties, which we have the pleasure to manage. The area in which Zgorzelec Plaza is located is highly saturated with retail spaces, but at the same time the proximity of the border extends its reach to clients from outside Poland as well,” says Marta Mikołajczyk-Pyrć, Head of Retail Property Management at the Property & Asset Management Department of Savills.
 
The Retail Property Team at the Property & Asset Management Department of Savills is currently managing, among others, Galeria Pomorska, Morski Park Handlowy, and Ferio Wawer. Since 2017 Savills has also been the manager of four other properties owned by M7 Real Estate. These include two office buildings, RB House and Dwór Hamburski located in Poznań, the Wola Plaza office building in Warsaw, as well as the Airport House warehouse facility with office and social facilities.
 
“Zgorzelec Plaza is the first retail project purchased by M7 in Poland. We see many possibilities of using the facility's potential and to extend its retail offer. Our goal is to strengthen the project's position on the market,” says Paweł Materny, Head of Leasing at M7.



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  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
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