Credit: Acteeum
Ticker

Acteeum prepares another retail park in Poland – Ostróda Power Center

Previous year successes of Acteeum – i.e. the opening of Galeria Chełm and starting construction of Galeria Andrychów in the Power Center format, show that despite challenges related to the coronavirus epidemic, the market welcomes new, well-thought-through projects in good locations. Acteeum is consistently expanding its portfolio throughout Poland preparing the new project – Ostróda Power Center.

Ostróda Power Center will be the first and the largest shopping complex of this type in the region. It will be a facility with a total GLA area of over 25,000 m², featuring over 14,000 m² GLA of a retail park, a stand-alone Home and Garden store as well as additional services such as a drive-thru restaurant, gas station, car wash and about 700 parking spaces. The shopping center will be located on a plot of over 8 ha. The investment area already has a construction permit, which is currently being adapted to the scope of the planned investment.

“An extremely strong advantage of the planned Center is its perfect location – the complex will be developed on the main entrance road to the city center, directly at the junction of the S7 expressway, connecting Warsaw and Gdańsk, and the S16 expressway leading to Olsztyn and Grudziądz. Location of the facility is also perfectly connected with Ostróda and the region. Ostróda Power Center catchment will cover over 120,000 inhabitants as well as extremely intense transit traffic on the S7 and S16 routes.“, commented Tomasz Lipiński, Acquisition Manager, Acteeum Central Europe.

“We are very pleased with the rapid progress of our new project in Ostróda. We are also convinced that thanks to the project’s perfect location, its size and a diverse and optimally composed mix of tenants, as well as through quick construction process, our Ostróda Power Center will turn out to be a great commercial success, meeting the expectations of tenants and, most importantly, the residents of Ostróda and the surrounding cities. We see a lot of interest from tenants – as an example I can name the LPP group – with which we are currently concluding conversations on the location of several stores in our Center“, explained Tomasz Jopkiewicz, Leasing Director, Acteeum Central Europe.

The 25,000 m² GLA of the shopping center will include, among others, a stand-alone DYI hypermarket, a large grocery supermarket, well-known fashion stores, popular discount chains and an attractive restaurant chain with a drive-thru facility. In addition, the retail park will include a spacious car park for over 700 vehicles, as well as a conveniently located gas station and car wash.

Ostróda Power Center will open up new shopping opportunities and comprehensively complement the offer of smaller shopping facilities located in the city and the region. The new Center will attract customers not only with its location, but also with a concept that will ensure that you can shop from various categories in one place. Direct access from the parking lot to each store will ensure easy, safe and comfortable shopping in a much shorter time than in other retail facilities.

All these advantages and the effective operating costs of the retail park are also key attractors for tenants, with most of whom the detailed lease agreements’ arrangements are underway.

The opening of Ostróda Power Center is planned for the first half of 2022.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Realm banks on F&B occupier growth with key appointment

Realm has grown its leasing team with the appointment of Caroline Helyer as leasing manager. Caroline will be working across several of Realm’s schemes – including Dalton Park, Milsom Place and Bedford Riverside – where she will be leading initiatives to secure new retail lettings and lease renewals, as well as enhance the customer shopping experience and F&B offering across the portfolio.

redos buys Äppelallee-Center retail warehouse in Wiesbaden, Germany

Hamburg-based large-scale retail property specialist redos Group has acquired the Äppelallee-Center in Wiesbaden near Frankfurt. The purchase was made on behalf of the special AIF "Redos Einzelhandel Deutschland III".

PINKO will open store in Ocean Plaza Shopping Mall in Ukraine

The Italian brand PINKO will open the second store in Ukraine in Ocean Plaza shopping mall. The exclusive distributor of the brand is ARGO. The new store with an area of ​​160 sq.m. will open its doors on the first floor in May. A wide range of women's clothing, shoes and accessories will be presented.

Sabine Georgi Appointed as ULI Germany/Austria/Switzerland Executive Director

Sabine Georgi joins the Urban Land Institute (ULI) from Royal Institute of Chartered Surveyors (RICS).

Acquisition of The Moor, Sheffield in a Joint Venture with BRAVO

NewRiver is pleased to announce that its joint venture with BRAVO Strategies III LLC in which it holds a 10% stake has exchanged contracts to acquire The Moor, a 28 acre estate in Sheffield city centre, from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 Limited, for total consideration of £41.0 million, representing a capital value of £60 per sq ft.

Ziv Gigi appointed as Managing Director for GTC’s operations in Romania

GTC has announced the promotion of Ziv Gigi to the position of Managing Director Romania. He will be responsible for all operations of GTC in the Romanian market.