RE signs off on retail project

RE has sold its rights to the property, industrial buildings, and all the legal and execution permits to demolish, revitalize and construct new buildings on the site. The project will be maintained, however, under a new brand, namely Galeria Askana. The retail space of the complex will reach 16,000 sqm, on which about 100 shops will be located, as well as cinema facilities, restaurants, and a fitness club. The project manager, Jerzy Nemling, assured that the Ferio shopping centers project will continue: "In November we are opening a Ferio in Wrocław, and further projects will be developed in midsized towns in the south and west of Poland."