Globe Trade Centre S.A. (GTC) has signed a lease contract with H&M, a global clothing retail leader. This notable tenant will lease over 2,100 sqm of retail space in Galeria Północna in Warsaw.
After signing an agreement in Galeria Wilanów, GTC’s another flagship project in Warsaw, the Swedish clothing chain also decided to open one of its shops in Galeria Północna, which will be located in Warsaw’s Białołęka district.
“The fact that such a significant player decided to mark its presence in both our malls in Warsaw makes us extremely pleased. I am certain that, just as with Galeria Wilanów, also in Galeria Północna H&M will contribute to creating an exciting tenant mix for the clients. Let me welcome yet another tenant to our gallery,” said Jacek Wachowicz, member of GTC Management Board.
“H&M is a perfect complement to Galeria Północna’s offer. Inhabitants of right-bank Warsaw, especially of Białołęka district and its surroundings, deserve their own retail centre, which would satisfy their shopping and entertainment needs. Galeria Północna will be such a place. Market leaders see that fact and want to join,” said Anna Wysocka, JLL, the company involved in leasing Galeria Północna.
“Considering the lease agreements we have already concluded, the offer of Galeria Północna is becoming clearer and sharper. H&M, but also other tenants of the mall, confirms that customers can count on a large, well-known brands and high quality service,” said Renata Kusznierska, DTZ company, also involved in the rental of the Gallery premises.
Galeria Północna is currently at the final stages of formal and legal actions preceding commencement of construction works. Construction works will initiate as soon as the building permit is issued.
Galeria Północna, is designed by the renowned architectural studios APA Wojciechowski and MTZ Architects. The project will boast a green roof with lawns and walking paths. Part of the roof will be glazed allowing daylight to come inside the mall. Galeria Północna will offer its clients approximately 64,000 sqm of retail space. Just as in the case of Galeria Wilanów, GTC expects to obtain LEED gold certification for Galeria Północna. The project is co-leased by JLL and DTZ.