Fashion retailer H&M has leased more than 1,700 sq m of retail space in the Galeria Neptun shopping centre under construction in Starogard Gdański. The developer was represented in negotiations with the tenant by a leading global real estate services firm Cushman & Wakefield, which is the exclusive agent responsible for the commercialization of the shopping centre.
Galeria Neptun is being developed at the site of the former footwear factory Neptun at the junction of Pomorska and Jana Pawła II streets in the downtown area of Starogard Gdański. Its construction broke ground in spring 2013. Upon completion Galeria Neptun will total around 24,000 sq m of leasable space and target around 195,000 people living within its catchment area.
Justyna Bartosz, a senior negotiator from the Retail Department of Cushman & Wakefield, said: “H&M will occupy a two-storey store in Galeria Neptun. It will be the largest fashion store in the shopping centre and H&M’s first store in Starogard Gdański. It will also boast the latest fit-out and offer a complete range of H&M’s products”.
H&M (Hennes & Mauritz) is a Sweden-based company active in the clothing industry and present in 53 countries across the globe. It is a leading large-format fashion brand. H&M opened its first store in 1947 and now operates under such brand names as H&M, including H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. Its first store in Poland opened in 2003. H&M now has 123 stores in Poland and a central warehouse for distribution of its products in Central Europe.
Galeria Neptun Sp. z o.o. Sp. k. is the developer of the scheme while Dekpol Sp. z o.o. is the general contractor. More information on Galeria Neptun at: www.galeria-neptun.eu.