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Galeria Mlociny, Credit: EPP

EPP and Echo Investment opened Galeria Młociny

Warsaw’s newest shopping center opened on May 23, 2019 and hosts more than 200 different stores.

Galeria Młociny features nearly 85,000 sq m of modern, well-designed space featuring more than 6,000 sq m of restaurant and entertainment options. Gastronomy takes center stage as the center’s food hall is unique within Poland’s capital city, with several different zones to appeal to a broad range of different customers. The center also features the first multiplex cinema in the district with 10 screens and seats that fully recline.

The main hall within the center, dubbed “fashion avenue” is designed to evoke the feeling of a high-street, something that is lacking in Poland. The shopfronts, which were designed by top-tier architects, are nearly 8 meters high with natural light.

“I have mentioned before that our flagship development in Warsaw is the jewel of our portfolio, but I can now say that Galeria Młociny shines even brighter than we anticipated. We are incredibly pleased with the results of our planning which has created a space that genuinely serves numerous different populations, from young urban professionals to families, and everyone in between, all under one roof”, said Hadley Dean, CEO of EPP.

“Galeria Młociny is the largest project Echo Investment has developed so far. When creating it, we used twenty years of experience in the retail, entertainment and gastronomy sector. We wanted Galeria Młociny to be a place that will attract people to Bielany, therefore around 20% of its space was intended for a meeting, entertainment and gastronomy. Creating places where people want to stay, work, play or relax is a very important keystone of our strategy”, said Nicklas Lindberg, CEO of Echo Investment.

Galeria Młociny’s investors are EPP (70% of shares) and Echo Investment (30% of shares). While the former will manage the newly opened complex, the latter was fully responsible for the development process and leasing.