The Outlet Company to build six new units

Within five years, The Outlet Company (TOC), owned by British developers and a company operating in Poland, Liebrech & wooD, intends to build six 'factory shop' centers. "The cost of construction is estimated at zl. 120 million. Hence, the company wants to invest zl. 720 million," said TOC representative Paulina Gorska. "The investment is to be financed by private investors as well as by bank loans," added Liebrech & wooD's sales and marketing director, Artur Dziubak. The first unit will be erected in Sosnowiec with others in Gdansk and Piaseczno, near Warsaw. At the same time Factory Outlet, built by Neinver of Spain in Warsaw's Ursus district, will have its official opening in a few days. "We do not fear competition. Our complex will have more space and will include entertainment and dining centers. Therefore, considering its easy access from the center, we hope this facility will be visited regularly by Warsaw residents," said Dziubak. (Puls Biznesu, p. 8) A.Z.