Savills recommercialises redesigned retail park in Okecie

Global real estate adviser Savills has been appointed as an exclusive agent responsible for the recommercialisation of part of Centrum Krakowska 61 retail park in Warsaw.

The complex will soon undergo a substantial refurbishment, including refurbishment of one of the buildings which comprises 11,800 sqm. Centrum Krakowska 61 is one of the largest retail complexes in Warsaw, totaling nearly 55,000 sq m. The advantage of the park is its excellent location at 61 Krakowska Avenue, in the immediate vicinity of the S2 road exit. Within the park there is Agata furniture store, Media Markt and Komfort showroom. Soon the offer of the complex will expand, due to the redevelopment of a facility previously occupied by one of the DIY chain-stores.

“The modernization of the two-storey building belonging to the Centrum Krakowska 61 retail park will completely change its image, providing a flexible and modern retail space with a new interesting façade, within a recognizable and popular location. The schedule of modernization works will be determined by the progress of commercialization process. Our commercialization strategy will focus on extending the current offer of the complex, making it more complete” – says Magdalena Jakubowska, Senior Leasing Manager in the Retail Department, Savills.

Centrum Krakowska 61 includes also Auchan hypermarket with retail space offering services such as currency exchange, travel agent and laundry, as well as Orlen gas station and Burger King restaurant.

The owner of Centrum Krakowska 61 is Octava FIZAN fund, managed by Octava Asset Management Sp. z o.o.

Press release by Savills.

August 07, 2017
New shopping centres under construction in Poland

In the first half of 2017, there were only approximately 30,000 sqm of retail space delivered to the market in Poland, half of which are extensions. The total stock of modern retail space at the end of June 2017 reached about 11,2 million sqm. Supply for 2017 is estimated at a similar level compared to […]

October 10, 2017
Foreign debuts in Poland’s new shopping centres

After delivering to the market nearly 135,000 sqm during the last three months, the total stock of modern retail space at the end of Q3 2017 reached approximately 11.3 million sqm. Almost 620,000 sqm of retail space is still under construction of which 29% will be completed this year. The total supply by 2017 is […]

Written by: Savills