It is the first acquisition for BIG in Poland, with an investment of approximately 65 million Euro. Hay Galis, CEO of BIG, notes that these two acquisitions support company’s growth plans to become a dominant player in the Retail Park sector in Poland.
Over 80% of the redevelopment of Atrium Promenada in Warsaw is now pre-leased. Upon completion, the refurbished flagship will house over 150 retail and service units in the latest concepts. The completion of the renovation is scheduled to open in the second quarter of 2023.
Avison Young reports on the property investment market in Poland after Q1 2022.
Multi Poland has extended the leasing contract with Carrefour hypermarket located in Pestka Shopping Center, Poznań, Poland. The asset is owned by Henley Investments and managed by Multi.
Peek & Cloppenburg will open a large two-level store in 2023, as part of the Atrium Promenada’s continued refurbishment and repositioning. It will be the fashion retailer’s tenth store in Poland, occupying 3,450 sq m.
Sierra Balmain assumes management mandates for three Stage Capital shopping centers in Poland: Pasaż Łódzki, Galeria nad Jeziorem, and CH Osowa.
A new TEDi shop opened in Multi‘s Poland-managed shopping centre 3 Stawy in Katowice. The deal with the non-food retailer is another leasing contract with a discounter that Multi has recently signed.
