LPP leases over 5,000 sqm at Dekada Nysa mall

Fashion retailer LPP has leased more than 5,000 sqm of retail space at the Dekada Nysa shopping center project, which developer Dekada is now building in Nysa in Opolskie voivodship. Four of the company’s brands – Reserved, House, Cropp and Sinsay – will open their stores at the mall. Construction w...

Locked content LPP prelim. operating profit up at PLN 420 mln in Q4

Fashion retailer LPP reported PLN 420 million of consolidated operating profit (EBIT) in Q4, an increase of 12 percent y/y. Revenue grew by 10 percent y/y to PLN 2.37 billion, the company said, presenting preliminary data. Like-for-like sales grew in Q4 by 2.3 percent y/y. At the end of December, th...

Locked content LPP with net profit of PLN 91.56 mln in Q3 2018 

LPP has recorded a consolidated net profit of PLN 91.56 million in the third quarter of 2018 compared to PLN 85.12 million profit a year earlier, the company said in a report. Operating profit was PLN 129.21 million compared to PLN 103.09 million profit a year earlier. The EBITDA result amounted to ...

Locked content LPP launches store in Kazakhstan

WSE-listed fashion retailer LPP opened its first flagship Reserved store in Kazakhstan’s Almaty last week. The store has 2,385 sqm of retail space. The company plans to launch its three other brands in the city in November, the company said in a market filing and introduce all the remaining br...

Locked content LPP with PLN 125 mln Q3 EBIT

WSE-listed fashion retailer LPP had a PLN 125 million net operating profit in Q3, up by 21 percent y/y, the company said in its preliminary report. The group’s revenue stood at PLN 2.05 billion, a 13 percent y/y growth, while gross profit from sales amounted to PLN 1.05 billion, an 18 percent y/y in...

LPP leases over 3,500 sqm at Tkalnia mall

Fashion retailer LPP has leased more than 3,500 sqm of retail space at the Tkalnia shopping center project which investor A&A is now developing in Pabianice near Łódź. The tenant will open stores of its Reserved, House and Sinsay brands at the mall. The Tkalnia scheme, which will comprise approx...

LPP expands in Waterside building in Gdańsk

Fashion retailer LPP – the owner of such brands as Reserved, House, Cropp and Mohito – has taken up additional space at the Waterside office building in Gdańsk. The tenant now occupies over 4,800 sqm in the location. Knight Frank brokered the lease transaction, acting on behalf of Deka Immobilien, t...

Locked content Dekpol signs contract to expand LPP distribution center

Polish general contractor Dekpol signed an agreement with LPP regarding the construction of a high storage warehouse with a usable area of about 23,000 sqm and an office building with a usable area of around 5,500 sqm as part of the expansion of the distribution center in Pruszcz Gdański, the compan...

LPP leases space at Gdańsk’s Opera Office

Fashion retailer LPP – the owner of such brands as Reserved, Cropp, House and Mohito – has leased almost 2,400 sqm at the Opera Office building in Gdańsk. The transaction was brokered by JLL, the exclusive leasing agent of the property. Completed in 2012, Opera Office comprises a total of 8,200 sqm ...