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H&M RENEWS ITS LEASE IN PLEJADA SOSNOWIEC

CH Plejada
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H&M has renewed its lease at the Plejada shopping centre in Sosnowiec. Its 1,835 sq m store will be fully refurbished next year. Cushman & Wakefield, a leading global real estate services firm, represented Plejada’s owner, St Martins Property, in this transaction.

H&M (Hennes & Mauritz) is a Sweden-based company active in the clothing industry and present in 55 countries across the globe. It is a leading large-format fashion brand. H&M opened its first store in Poland in 2003 and now has 146 stores across the country.

Magdalena Gniazdowska, Associate, Retail Department, Cushman & Wakefield, said: “The lease renewal also provides for a complete refurbishment of H&M’s store to be carried out next year. We are very pleased that one of Plejada’s anchor tenants has decided to stay on in this shopping centre.”

The Plejada shopping centre is located at 8b Staszica Street in Sosnowiec and totals more than 20,000 sq m of leasable space, comprising 90 stores, restaurants, a Carrefour hypermarket, and a car park with more than 1,300 parking spaces. It opened its doors in November 2001. In 2012 Plejada was refurbished. The refurbishment was coordinated by the Project Management Department of Cushman & Wakefield. Since October 2010 the centre has been managed by the Property & Asset Management Department of Cushman & Wakefield.