Złote Tarasy attracts more new tenants to Warsaw

19
Sep
2023
News - Złote Tarasy attracts more new tenants to Warsaw #Cushman&Wakefield #Poland #retail #Warsaw

by Property Forum | Retail

Popeyes is to open its first Warsaw restaurant in Złote Tarasy on 21 September. The fast food chain from Louisiana is the seventh new tenant to come to Złote Tarasy in 2023 after such brands as LUSH, Candy Pop, and Hugo. Cushman & Wakefield, which is responsible for the re-commercialisation and property management for the scheme, expects to see more international debuts in Złote Tarasy later this year.


Popeyes Famous Louisiana Chicken has become a cult classic since it was founded in 1972. Its restaurants offer a taste of the American South, well-known for fried chicken and seafood. The first Popeyes restaurant was opened in Wrocław in July this year. The time has now come for Warsaw.

“Złote Tarasy is one of the best-known shopping centres in Poland. It boasts a diverse mix of retail, service and F&B outlets which it continues to expand and enhance. This year’s newcomers, in addition to Popeyes, include Eobuwie/Modivo, LUSH, Candy Pop, Ryłko, Hugo, Cofix, and Zdrowa Krowa. Openings scheduled to take place in the run-up to Christmas include an Italian restaurant and wine store and a store of a fashion retailer that will debut on the Polish market”, comments Anna Oberc-Krzycka, Leasing Team Manager, Cushman & Wakefield.

In addition, many tenants who have their flagship concepts in Złote Tarasy continue to consistently improve the in-store experience. Brands that have increased their retail floorspace or opened revamped stores in 2023 include CCC, Vision Express, Kruk, Wedel, New Balance, Boss, Samsonite, Costa, Cava, Five O’Clock, Tous, and Lego Build and Play.

“Additionally, Carrefour has decided to renew its lease for another 10 years. The grocery retailer’s supermarket in Złote Tarasy will soon undergo significant change, with new fit-out and functionality features to be added that shoppers are likely to appreciate,” adds Anna Oberc-Krzycka.

Złote Tarasy is a five-level shopping centre with an area of over 66,000 sq m. It has a portfolio of 180+ stores, including Van Graff, Converse, Victoria’s Secret, Guess, Lacoste, LUSH, Sephora, Douglas, MAC, Marc O’Polo, Massimo Dutti, and New Balance. Food retailers include Kuchnie Świata, Lindt, Nespresso, Lukullus, Organic Farma Zdrowia, and Five O’Clock. 




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New leases

  • 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.
  • 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.

New appointments

  • 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.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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