Outlet Company to build at least four new retail centers

The Outlet Company, partly controlled by Dutch developer Liebrecht & wooD, has officially announced plans to construct at least four more factory outlet centers. The outlets organize the sale of clothes from previous seasons and end-of-line stock, from a variety of producers. The merchandise is at least 30% cheaper than in branded stores. The first project, Sosnowiec Outlet Center, will start operating in October and CB Richard Ellis, the real estate agency letting out the retail area, has already signed contracts for 50% of the space. The Outlet Company is also planning to open stores in Warsaw and Gdansk. Each of the company's centers will be worth around zl. 30 million. The overall planned investment in the coming years stands at around zl. 390 million. (Puls Biznesu, p. 8) A.K.