ARTICLES LABELLED WITH TAG Gdansk

The commercialization of Gdańsk’s Galeria Metropolia, which is scheduled to open on 22-23 October, is nearing completion. Fourteen new tenants include fashion stores, cafés and services. Cushman & Wakefield  acted as the agent on the lease agreements.

Echo Polska Properties – an international fund operating as a REIT –is purchasing seven office buildings with almost 112,000 sqm of GLA from Echo Investment, a Polish developer. The total value of the properties as at the agreement amounts to almost €264 million. The sold properties are: O3 Business Campus in Kraków (phase I, II and III), Tryton Business House in Gdańsk, A4 Business Park in Katowice (phase III) and Symetris Business Park in Łódź (phase I and II).

Clothing company LPP SA, owner of brands such as Reserved, Tallinder, Mohito, House, Crops and Sinsay, decided to move into the Waterside building in Gdansk by leasing an office of more than 1,000 sqm. Knight Frank, acted as sole agent on behalf of the property’s owner, the Deka Immobilien fund.

Goodman Group has signed two lease agreements for a total of 7,800 sqm at the Pomeranian Logistics Centre (PLC), located adjacent to the Deepwater Container Terminal (DCT) in Gdańsk. With these new agreements, all available space (51,500 sqm) at PLC is now fully leased. In response to market demand, Goodman is also constructing 15,836 sqm of class-A warehousing at PLC, which will be delivered in the third quarter of 2016.