KPP Retail launched

Called Keen Property Partners Retail, the newly created brand will focus on the acquisition and development of shopping centers in Poland's secondary and third-tier cities.

Among KPP Retail's projects in Poland are the Park Handlowy Eden and Centrum Handlowe Graf schemes located in the southwestern city of Zgorzelec and the southeastern city of Chełm, respectively. The projects, whose GLA amounts to 8,500 and 4,500 sqm respectively, were opened in May and August 2008. KPP Retail is also currently developing the Galeria Victoria shopping center in Wałbrzych.

"Apart from the exciting projects currently underway, we are presently securing a very interesting pipeline of regional and local retail centers to be rolled out during the next few years." said Richard Keen, managing director of KPP.