Locked content PRCH: 481 shopping centers with a total of 11 mln sqm

The Polish Council of Shopping Centers (PRCH) reports there are 481 shopping malls in Poland, featuring in total more than 11 million sqm. In 2015, 27 new shopping centers were established (443,340 sqm) and 18 more have been expanded (161,900 sqm). “The development of shopping centers in Polan...

Locked content Caleum possible seller of nine Polish properties

American investment fund Caelum was a possible seller of nine properties located in Poland acquired by Castlelake, according to propertynews.pl web portal. The portfolio included, among others, Centrum Familia in Gdańsk and Stara Cegielnia in Szczecin, 55,000 sqm in total, propertynews.pl reported, ...

Locked content Galeria Karuzela in Września to be open in May

The opening of shopping mall Galeria Karuzela in Września, a city in western Poland with a population of 28,000, has been scheduled for mid-May, according to a press release. The building is 96 percent leased. Construction work began at the end of 2014. The investor behind the scheme is Lublin-based...

Locked content Rank Progress sells Aviator

Property developer Rank Progress has sold the Aviator scheme to Pergranso for over PLN 67.3 million, the media reported. Aviator is a shopping mall based in Mielec (Podkarpackie voivodship). It is still under construction. Aviator will encompass 33,200 sqm including 25,400 sqm of GLA. Rank Progress ...

Locked content Echo to carry out shopping mall in Katowice

Property developer Echo Investment will construct a shopping mall in Katowice, the draft name is Galera Echo Katowice, but the final one will be revealed within a few days. Update: it’s named Galeria Libero. The building will offer 42,000 sqm of GLA, including a cinema and squash and badminton...

Locked content IKEA to launch stores in Lublin and Zabrze

IKEA Centers is launching investment projects in Lublin and Zabrze and modernization of its unit in Poznań, propertynews.pl reported. Construction of Zabrze-based shopping center and integrated IKEA store will begin in 2017 and will last approximately a year. When it comes to the store in Lublin, it...