February 26, 2015

Cinema City to open in GTC’s new Warsaw malls

Cinema City to open in GTC’s new Warsaw malls

Globe Trade Centre S.A. (GTC) has signed a binding lease agreement with Cinema City for over 3,300 sqm of cinema space in Galeria Północna, the company’s flagship project in Warsaw, Poland.

Cinema City International is the largest cinema operator in Central-Eastern Europe and Israel, being today part of Cineworld Group plc, the second biggest cinema operator in Europe. The company has decided to lease more than 3,300 sqm in Galeria Północna where it will open a state of the art multi-screen cinema. It will enable residents of Białołęka district to enjoy the newest movie productions in one of the 11 cutting-edge movie auditoriums.

Additionally, GTC is concluding a lease agreement with Cinema City for a movie theatre in Galeria Wilanów, GTC’s another shopping centre, planned in Warsaw’s southern district of Wilanów.

“Cinema City International is one of those key tenants that largely determine the attractiveness of a mall’s entertainment offer. We are proud to have with us a cinema operator this experienced. Cinema City will perfectly complement Galeria Północna’s and Galeria Wilanów’s tenant mixes, so that clients visiting our schemes will be provided with interesting and engaging options, satisfying their commercial, entertainment and culinary needs. We are committed to providing our customers with the best leisure and entertainment offers in these two malls and a cinema plays an important role in this mix,” said Jacek Wachowicz, GTC Management Board member.

Both projects, Galeria Północna and Galeria Wilanów, are at the final stages of activities performed prior to commencing construction works. Applications for building permits for both schemes have already been submitted.

“We are delighted to be included amongst the tenants of GTC’s Galeria Północna and Galeria Wilanów. We are especially proud to announce that our theatres in both shopping centres will be our most technologically advanced facilities. The appearance of Cinema City in Białołęka and Wilanów creates an exciting opportunity to reach new audiences and clients with our offer. I am certain that Cinema City will perfectly complement other tenants and strong leisure and entertainment offerings envisaged there, with which we will create a commercial and entertainment base that will serve range of Białołęka’s and Wilanów’s residents’ needs,” said Mooky Gredinger, CEO, Cineworld Group plc.

Galeria Północna, designed by the renowned APA Wojciechowski and Tzur Architects studios, will feature many green, leisure and entertainment solutions, including a publicly accessible rooftop with a garden, walking paths and a playground. The project will offer its tenants approx. 60,000 sqm, while its customers will be provided with ca. 2,000 parking spaces. GTC is planning to obtain LEED Gold certification for Galeria Północna.

Galeria Wilanów will be the first next generation shopping centre in Poland. The project is also being designed by APA Wojciechowski and Tzur Architects studios. The design encompasses the roof offering ample green areas providing the customers with a relaxing atmosphere and an opportunity to relax and enjoy the extensive leisure and entertainment offer. Galeria Wilanów will be surrounded by recreation areas, playgrounds and greenery. The investment will be environmentally friendly, as confirmed by the ecological LEED precertification. The project will provide tenants with over 61,000 sqm of GLA in about 250 retail and service outlets. Customers of Galeria Wilanów will be serviced by 2,200 parking spaces.

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