PL

GPoland looking to expand at home and abroad

Retail & leisure
POLAND Master-franchising firm GPoland is now focusing on major expansion plans for the company. The products it offers are intended to fill gaps on the Polish market. It has recently founded an academy to train its business partners how to retail in line with its standards. The company is looking for new partners, to open more stores in Poland and in the future and to open its first outlets abroad. It is aiming at opening another twenty or so boutiques by the end of 2017.

How has the GPoland concept been received on the Polish market?

Tomasz Wasiucionek, commercial director, GPoland: At GPoland we develop a whole range of mono-brand concepts, the best examples of which are outlets such as Liu Jo, Pinko, Patrizia Pepe and Twin Set. Our latest original project is the ‘Made in G’ concept. We offer the option to our partners of a multi-brand outlet, where everyone is able to pick and choose a few brands from our agency’s portfolio – all this in an individually prepared architectural design characteristic for the chain, which is now growing. The concept is a response to the market demand, while its variety and rich brand offer have led to us receiving more and more inquiries, not only from partners but also from shopping centres themselves. Made in G outlets are now operating in Radom, Olsztyn, Elbląg and Kraków. Future openings are planned in Bydgoszcz and Opole over the next few months. We would like to have opened around twenty boutiques by the end of 2017.

What is the general development strategy of the company for this and the next year?

Growth is the key word. We are developing in terms of the structure, such as extending our showroom to 5,000 sqm a few months ago, as well widening our range of clothing, footwear and denim brands. We have recently added brands such as Elisabetta Franchi, Luisa Spagnoli, Pollini, ATPCO, Kocca and Rinascimento. We also want our retail partners to develop with the help our experience, and so we have recently set up our GPoland Retail Academy for regular training sessions in the fields of sales psychology, visual merchandising and shop and staff management. In our opinion we absolutely need to focus on the quality. And we haven’t ruled out expansion to the countries neighbouring Poland.

How many shops were opened last year?

In 2014 we opened a total of 15 new shops, including three mono-brand shops, Manila Grace, Luisa Spagnioli and Twin-Set, two ‘Made in G’ stores and nine partner multi-brand boutiques. Thus we have extended the range of the brands in markets such as Łódź, Warsaw, Olsztyn, Radom, Lubin, Leszno, Kalisz, Wrocław, Płock, Szczecin, Poznań, Tarnów and Krosno.

What is the average area of the shops?

Depending on the individual brand, we franchise mono-brand clothing stores with areas ranging from 80 sqm to 120 sqm. Our ‘Made in G’ multi-brand boutiques are between 70 sqm and 140 sqm, while in the case of clothing, footwear and accessories brands the area is 50–70 sqm for. Subject to the location, our partner multi-brand shops are mainly opened over areas ranging from 70 sqm to 90 sqm.

Which brands are you planning to offer?

We will certainly be introducing more clothing and footwear brands to Poland. We are planning to continue to develop not only in the premium sector, but also to interest customers in our pronto fashion offer. We also believe that the Polish range of what’s on offer in the denim segment is definitely too limited. Details of our plans will be made available soon.

What are the average fees for GPoland’s franchisees?

The fact that the franchisees of GPoland do not have to pay any fees or preliminary, licensing or marketing payments for joining the chain is a very significant factor, which has a positive influence on the trust our company enjoys. GPoland’s business partners only pay a single fee for adapting their units to the chain’s requirements; however, we often participate in the fit-outs . It is worth noting that we do not charge any licence fees but we train the staff free of charge, we help franchisees stock their outlets and we take care of the marketing of the boutiques. We want the relations between the seller and the buyer to be one of cooperation between partners. GPoland is responsible for introducing international clothing, footwear and accessory brands from the premium sector to the Polish market. The company currently cooperates with 32 brands from the ready to wear, denim, footwear and accessories and handbag segments, in both women’s and men’s collections.

Latest news

Office & mixed-use development

Poland Eurocash stays at Diuna for longer

schedule 10 May 2024
Opr./edited by ANZ

Eurocash Group is staying at the Warsaw office complex, part of the portfolio of Pine Bridge Benson Elliot and Syrena Real Estate, for the next few years. Eurocash has signed a lease for four floors in Building A at Diuna, totalling nearly 4,600 sqm.

Material partner

Poland Excellent Fern at Off Piotrkowska

schedule 04 April 2024
Eurobuild CEE

Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.

Investment & finance

Poland Another large transaction for Panattoni

schedule 10 May 2024
Opr./edited by ANZ

A specialist real estate investor has purchased the Panattoni Park Poznań XI for EUR 92.5 mln. The centre is one of the main logistics hubs for a leading European fashion platform for its operations.

Eurobuild FM

Poland Przemysław Pawłowski on the revolutionary technology of office Internet

schedule 09 May 2024
Eurobuild CEE

Welcome to a special episode of Eurobuild FM! Next Monday, the May issue of the "Eurobuild CEE" monthly will be released, and today we have a preview of the cover topic in the form of a podcast.

Warehouse & industrial

Poland Medivet chooses FLP Bydgoszcz

schedule 09 May 2024
Opr./edited by ANZ

Medivet, a provider of veterinary services and products, has leased more than 6,500 sqm of warehouse and office space at Fortress Logistics Park Bydgoszcz. The company will occupy circa 6,600 sqm in the facility.

Architecture and urban planning

Poland Poznań with a green Aura

schedule 09 May 2024
Opr./edited by ANZ

In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The façade of the building with its organic architecture will be covered with 140,000 plants.

Office & mixed-use development

Poland Saint-Gobain has views

schedule 09 May 2024
Opr./edited by ANZ

Saint-Gobain Group has signed a 10-year lease for office space at Varso Tower. The company will occupy nearly 1,400 sqm on the 28th floor of the building.

Investment & finance

Slovenia ZDR is expanding into Slovenia

schedule 09 May 2024
Opr./edited by JC

The property map of ZDR Investments funds expanded, thanks to the acquisition of three retail parks in the towns of Prevalje, Ravne, and Slovenj Gradec in the northern part of Slovenia. 

Events

Poland Run with us!

schedule 09 May 2024
Opr./edited by ANZ

On 24 May 2024, we will inaugurate a new event in the real estate community - Eurobuild's Annual Running Tournament! Participants will run through the green surroundings of the First Warsaw Golf & Country Club in Rajszew. Run along with us!

Office & mixed-use development

Poland Spyrosoft stays in the Nowy Targ office building

schedule 08 May 2024
Opr./edited by ANZ

The technology company Spyrosoft has extended its lease in the Nowy Targ office building in Wrocław. Employees have at their disposal roughly 2,800 sqm of office space.

Warehouse & industrial

Poland Alfa Warehouses launches its operations in Gdańsk

schedule 08 May 2024
Opr./edited by ANZ

Panattoni has delivered new space within Panattoni Park Tricity East III. Alfa Warehouses, a company specialising in warehouse logistics, is commencing its operations in the Gdańsk investment. 

Office & mixed-use development

Polska Nuclear tenant in Equator

schedule 08 May 2024
Opr./edited by JC

Bechtel has chosen Equator IV in Warsaw, an office building in CPI Property Group’s portfolio, to be the location of the head office of its Polish branch. The American company is to build the first nuclear power plant in Poland in Choczewo, Pomerania.

Warehouse & industrial

Poland Maxprint stays in Pruszków

schedule 07 May 2024
Opr./edited by JC

Maxprint, a wholesaler of office machinery and equipment, has renewed its lease at MLP Pruszków II logistics centre. The tenant currently occupies almost 3,200 sqm of warehouse space in the complex.

Eurobuild FM

Poland Christopher Mertlitz on the current and future investment market in Europe

schedule 07 May 2024
Eurobuild CEE

We invite you to listen to our still hot Eurobuild FM podcast! Christopher Mertlitz, managing director and the head of European investment at W.P. Carey, shares his opinions exclusively for Eurobuild's readers!

Warehouse & industrial

Hungary Scan Global already expands in CTPark Budapest East

schedule 07 May 2024
Opr./edited by ANZ

CTP signed a contract with Scan Global Logistics for almost 13,000 sqm of space in CTPark Budapest East’s ULL2 Hall In December 2023. The logistics provider has already taken an additional 7,800 sqm of leased space in Q1 2024 in the ULL3 building, which is currently undergoing BREEAM certification.

Retail & leisure

Poland Empik flagship store in the city centre

schedule 07 May 2024
Opr./edited by ANZ

The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a total area of 1,300 sqm will open in the building.

Investment & finance

Austria Immofinanz sells the tower

schedule 06 May 2024
Opr./edited by JC

Euro Real Estate, a member company of the Wilhelm von Finck Group, acquired the City Tower Vienna from Immofinanz. With a purchase price of more than EUR 150 mln, this sale is the largest transaction in the office segment of Austria’s real estate market to date in 2024.

Construction

Germany Digitalisation to the rescue

schedule 06 May 2024
Opr./edited by JC

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

Residential

Slovakia Downtown Yards are for sale

schedule 06 May 2024
Opr./edited by JC

135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava is currently under construction.

Investment & finance

Poland Sona will take a piece

schedule 06 May 2024
Opr./edited by JC

CPI Property Group has signed a commitment agreement with British company Sona Asset Management regarding a proposed equity investment of EUR 250 mln in Poland.

Latest in Retail & leisure

schedule 07 May 2024

Empik flagship store in the city centre

The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a total area of 1,300 sqm will open in the building.

schedule 25 April 2024

Aupark goes green

Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currently undergoing an extension, which will increase its space by 6,000 sqm. In the summer, a huge green façade will be built on the new part.

schedule 23 April 2024

High Street’s glamour

Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.

schedule 23 April 2024

Mitiska REIM opens its 10th Karuzela retail park

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. 

schedule 17 April 2024

Good start for Polish retail

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total.

schedule 16 April 2024

Prague’s Černý Most shopping mall will grow

Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.

schedule 16 April 2024

Glinianka changes hands

Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.

schedule 03 April 2024

Terg invests in retail parks

Terg, the owner of Media Expert, plans to strengthen its portfolio of investments in its own retail locations. The company wants to put into operation facilities with a total area of 72,000 sqm within the next two years.

schedule 28 March 2024

Smart Parks are springing out

Smart Park Poland and RG Leasing announced the latest progress in the implementation of their investment projects. After last year's openings in Mława and Wąbrzeźno, more locations are coming up.

schedule 20 March 2024

New tenants, more work at Turawa Park

The project of expansion at Turawa Park – which received a building permit last year – has now entered the construction phase, with the handover to the general contractor. In support of this project, Focus Estate Fund has secured financing through a credit facility provided by BNP Paribas Bank.

schedule 15 March 2024

Redkom develops Przystanek Karkonosze

Redkom has finalised the purchase of the property earmarked for the development of the Przystanek Karkonosze retail park. The operator in the facility under construction will be Lidl Polska.

schedule 12 March 2024

Leroy Merlin to expand in Bucharest

Leroy Merlin leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group.

schedule 22 January 2024

A shift towards bigger cities

According to data from the Cushman & Wakefield Echinox, the development activity in the Romanian retail market remains animated. Close to 215,000 sqm of retail spaces were delivered in 2023, the highest level during the last seven years.

schedule 12 January 2024

Retail continues to recover

Cushman & Wakefield has summarized the situation on the Polish retail market in 2023, which saw heightened development activity, with about 450,000 sqm of new retail space delivered. The Polish retail sector continued to recover, as confirmed by the number of debuts. Meanwhile, the slower price growth bolstered consumer sentiment, leading to higher retail turnover levels.

schedule 03 January 2024

Record number of new brands

39 new brands entered the Czech retail market last year, a record number achieved in the past ten years, according to Cushman & Wakefield’s monitoring. Some of the most notable brands include Victoria's Secret, Popeyes, Signorvino, Rossopomodoro and Zadig & Voltaire.

schedule 24 November 2023

Pařížská is the most expensive

In this year's 33rd edition of the Cushman & Wakefield Main Streets Across the World ranking, the Czech Pařížská street has been ranked 11th in Europe and the first in the CEE region. The survey compares nearly 50 countries around the world by the level of retail rents on the most expensive shopping street in each country.

schedule 20 November 2023

For the sixth time in Romania

Scallier has opened another retail park in Romania. The 8,500 sqm development was built in Mosnita, a town on the outskirts of Timisoara. The facility is almost fully leased. 

schedule 24 October 2023

Karuzela spins into Biała Podlaska

Mitiska REIM and Karuzela Holding have opened their ninth Karuzela retail park in Poland – in the eastern city of Biała Podlaska.

schedule 23 October 2023

Cosmic expansion for Opus

Opus Land Development has opened the extension of Cosmopolis Plaza in Ștefăneștii de Jos on the northern outskirts of Bucharest.

schedule 13 October 2023

Wittchen opens 1st Romanian store

Polish fashion brand Wittchen has opened its first Romanian store in the ParkLake shopping centre in Bucharest.

Edition 4 (287) April 2024

Latest comments

Categories