Mitiska REIM has opened a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.
The new Karuzela Świebodzin development comprises 19 units with a GLA of 11,450 sqm and parking for 330 cars. Designed to achieve a “Very Good” score on the BREEAM scale, the retail park is food-anchored by a Lidl supermarket and brings new brands to the city such as Sinsay, Cropp, House, CCC, Jysk, SMYK and Tedi. Other tenants include Pepco, Kik, Media Expert and Martes Sport.
Also opened as a retail anchor is an owner-occupied Bricomarche DIY store with a GLA of 2,300 sqm which joins a pre-existing McDonald’s restaurant on-site. Plans are in place to open a 1,200 sqm Bodzio Meble furniture store in the coming months, bringing the total GLA of the retail destination to 14,900 sqm.This development is a classic example of our convenience real estate approach in Poland. Conveniently located on a main access road and easily reached by multi-modal transport, this latest retail park has unrivalled visibility and brings to Świebodzin a comprehensive retail offering.
Janusz Botorek, member of the board of Karuzela Holding
This latest opening continues our very successful partnership with Karuzela which has seen us create over the past five years a portfolio of assets across Poland representing a total GLA of 105,900 sqm. With five additional projects planned to open in the next two years, this will increase to 160,000 sqm of modern retail space, making it one of the most significant and sustainable retail park portfolios in Poland.
Sylvie Geuten-Carpentier, managing partner of Mitiska REIM
Mitiska REIM’s Polish portfolio consists of ten retail parks in the cities of Września, Wodzisław, Lubliniec, Turek, Kołobrzeg, Biała Podlaska, Puławy, Ełk, Wągrowiec and Świebodzin. Five developments are planned for 2024/25 which includes a retail project in Jastrzębie-Zdrój which is scheduled to open in June 2024.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...