Keen Property Partners Retail (KPP Retail), which specializes in the acquisition and development of local and regional retail centers, has decided to change the property management structure in two of its shopping centers. The sole management of Galeria Victoria in Walbrzych, KPP Retail's flagship project, and Rzeszow Plaza will now be taken on by Keen Property Management (KPM) and its team of experienced specialists.
Since their openings, both centers have been asset managed by KPP Retail, which will continue doing so on the same basis. The property management of the Walbrzych shopping center, as well as of Rzeszow Plaza will be taken over entirely on February 1, 2013 by Keen Property Management, KPP Retail's sister company, set up mainly for this purpose.
"Due to the fact that we have highly-qualified and dedicated local property management teams along with experienced lease specialists, we have decided that Galeria Victoria and Rzeszow Plaza will now be managed in-house by Keen Property Management. I am positive that this change will result in even more successful operation of both centers," said Richard Keen, Managing Director, Keen Property Partners Retail.
Galeria Victoria is the first modern retail, entertainment and hotel complex in Walbrzych and the surrounding region. The mall has brought the first multiplex cinema, as well as restaurants, cafés and many highly-desired Polish and international retail brands to the city for the first time. Galeria Victoria, designed by award-winning architects Chapman Taylor, made an invaluable contribution to the central area of Walbrzych.
It has successfully revitalized a hitherto neglected part of the city, and has become a new public space and focal point for the community of Walbrzych. The shopping center was opened in October 2010 and since then has been immensely popular with Walbrzych residents, with nearly 4 million visitors throughout 2012. The complex now comprises a shopping center, a retail park and a hotel, making it a retail area of over 43,000 m².
Rzeszow Plaza, a favorite shopping destination for the residents of Rzeszow with a stable and loyal customer base, is situated in the Nowe Miasto district of Rzeszow, which is a primary retail area of the city center. The mall, which houses over 65 stores, was recently expanded and its GLA now amounts to 19,500 m2. Two new stories were added and the main building was connected with the nearby E.Leclerc hypermarket with a roofed passage. Rzeszow Plaza also gained a five-story car park and office area of 1,200 m2 was created. As a result, the shopping center has significantly extended its offer with new stores and business units.
Source: Questia PR