Sunday, July 5, 2020
Home News Retail News GTC officially opens Galeria Północna in Warsaw

GTC officially opens Galeria Północna in Warsaw

GTC’s Polish flagship retail project has officially opened. Galeria Północna is the first major modern shopping and entertainment centre located in Warsaw’s Białołęka district. The investment was completed within 25 months after obtaining the construction permit.

Designed by renowned APA Wojciechowski and Tzur Architects studios, the shopping mall offers 64,800 sqm of leasable space and ca. 2.000 parking spaces at its customers’ disposal. The list of brands that are to open their stores in Galeria Północna includes companies that decided to enter the Polish market for the first time, i.e. Forever 21 and Hamleys.

“Galeria Północna is the first and biggest shopping centre in the area, strongly awaited by locals and the retail industry. This investment is collective success of the whole company and its opening will more than double the value of GTC’s income producing retail portfolio” said Thomas Kurzmann, GTC CEO.

Most Popular

Cordia to profit around EUR 38.2 million on the acquisition of Polnord

As part of its international expansion strategy, Cordia International Zrt. has recently acquired 93 percent of the shares of the developer Polnord...

TEDi opens its first store in Kielce

The tenants of Power Park Kielce, a property from the portfolio of the company managed by Griffin Real Estate - Chariot Top...

Strong H1 for Poland’s real estate investment market

EUR 2.9 billion worth of investment transactions is the second-best result in Poland's H1 history. Further, the pandemic quarter was better than...

Speedwell starts works on new mixed-use project in Timișoara

The works for Speedwell’s newest project, Paltim, will soon kick off in the city of Timișoara. The demolition permit has been issued...