IMMOFINANZ has successfully completed and opened the first section of their VIVO! shopping centre in Stalowa Wola, Poland, under its VIVO! retail brand. The Stalowa Wola shopping centre has approx. 22,500 m² of rentable space for roughly 80 shops. The tenants include well-known retailers like Intermarché, H&M, Deichmann, Media Expert, LPP Group and many more. The investment costs for both sections is scheduled for completion in summer 2016 and will add a further 10,000 m² of rentable space.
“With VIVO! we have established a retail brand whose size, focus and offering are ideal for medium-sized cities with a catchment area of at least 200,000 residents. The focus here is on fashion and entertainment with strong anchor tenants“, explained IMMOFINANZ COO Dietmar Reindl at the opening. “Our plans call for the further expansion of VIVO! as well as our STOP.SHOP. retail park chain in Central and Eastern Europe.“
Stalowa Wola is located in the south-eastern region of Poland in the Carpathian Foothills administrative district, with a catchment area of nearly 400,000 residents. The shopping centre is well connected by public transportation and road networks and has roughly 1,000 parking spaces for visitors.
IMMOFINANZ completed and opened its first VIVO! shopping centre Piła, Poland, in 2014 that recorded approx. three million visitors in its first year. At the start of this year a 15-acre site was secured in Krosno for the construction of another VIVO! shopping centre, due to be completed Q1 2017.
Source: IMMOFINANZ
