Echo Polska Properties (EPP) has just finalized another acquisition – a takeover of Galeria Solna in Inowrocław from a company owned by Libra Project and Acteeum Group. The value of the deal was €55.4m.
CEO Hadley Dean says: “We are excited to add another regionally dominant centre to our portfolio which advances our claim of building a Polish retail property champion. In the last 9 months we have added 7 retail acquisitions meaning we have now 16 major retail locations across Poland.”
In line with EPP strategy the 24,000 m² centre is located in a regionally growing Polish city with a large catchment area and a proven track record since opening in 2013.
Galeria Solna was open in May 2013. It’s fully leased with GLA of over 23,500 m². Its tenants include Tesco hypermarket and the leading Polish and international retailers such as CCC, H&M, Reserved, Rossmann, Martes Sport, Deichmann, Smyk, Empik, Media Markt supported by the food court with McDonald’s and other food concepts. A DYI store Leroy Merlin is located in the direct vicinity of Galeria Solna.
Visitors have an access to a parking lot with over 1 000 parking spaces and an excellent access to the mall is guaranteed by the Wojska Polskiego street as well as a bike path connecting the mall with the city’s spa area located next to the property. Galeria Solna’s unique design refers to the city’s signature – the salt tower.
The shopping centre was awarded a prestigious BREEM certificate that proves high environmental standards of the building.