Creative distance

Retail & leisure
CEE REGION Liebrecht & Wood would hate to be considered just another everyday real estate developer.
“This is our 20th year in Poland, but building the same thing every year from a mental point of view wouldn’t be satisfying. We want to stay creative. It’s very important to us to create something. So we like to build new types of projects and in this way distance ourselves from the rest of the market,” says Marc Lebbe, a managing director of Liebrecht & Wood. And with Warsaw projects such as Plac Unii (developed with BBI Development) and Koneser (also to be developed with BBI), the company is certainly trying its hardest to dispel such notions. Plac Unii offers over 56,000 sqm gla, including a 15,000 sqm shopping centre and 41,000 sqm of office space in the centre of Warsaw. The project has now been completed and is already on the market awaiting a buyer; but according to Marc Lebbe, Liebrecht & Wood is always analysing the market, looking for the ideal moment to sell its assets: “At the moment yields are roughly the same as last year: retail is a
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