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Diverse joins tenant roster at Galeria Bursztynowa

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A Polish clothing retailer Diverse has leased 168 sq m of retail space in Galeria Bursztynowa in Ostrołęka. Cushman & Wakefield, a leading global real estate services firm, represented the owner of the scheme Narev Inwestycje in the transaction. The gallery is scheduled to open in the spring of 2014.

Roman Tomczak, President of Narev Inwestycje, said: “The construction works are well underway. The installation of ceramic facade panels from Gorbatowa street has just been completed. Now the car parking is being developed and further installation works inside the building are proceeding on schedule. Some tenants have already started employees selection process. We expect around 800 jobs will be created in the scheme.”

Tomasz Górski, a senior negotiator from the Retail Department of Cushman & Wakefield, said: “Galeria Bursztynowa is over 85% let. We are now in talks with various retailers with a focus on companies from fashion sector, so we are pleased to have been able to secure Diverse for the centre.”

Galeria Bursztynowa is being developed in Gorbatowa and Żebrowskiego streets in the centre of Ostrołęka (the population of approximately 54,000). It will total around 32,000 sq m of usable space, including 27,000 sq m of retail space to let in about 60 units. The shopping centre benefits from superb access, offering five separate access roads, to the inhabitants of both Ostrołęka and the surrounding areas. It will also provide a car park with more than 850 parking spaces.

Tenants include: Tesco, OBI, RTV EURO AGD, Reserved, Sinsay, Mohito, House, Cropp, Martes Sport, CCC and Rossmann.

The Retail Department of Cushman & Wakefield is the exclusive agent in the commercialization of Galeria Bursztynowa. The construction and building permit documentation has been prepared by Jacek Zub with the Project Management team of Cushman & Wakefield. The investment is financed by Bank BPS.