Cushman & Wakefield, a leading global real estate services firm, has been appointed property manager of the Nowy Rynek shopping centre being developed in downtown Jelenia Góra by TK Development and investment fund Heitman. The scheme is scheduled to open on 15 October 2015.
Nowy Rynek is a downtown shopping centre under construction close to Jelenia Góra’s Old Town. It will also comprise a PKS coach station with the annual passenger traffic of around four million, being potential shopping centre customers alongside Jelenia Góra inhabitants. The two-level retail scheme will provide around 115 stores and service outlets. Nowy Rynek will total 56,000 sq m, including around 24,000 sq m of leasable space.
Nowy Rynek is a joint project developed by TK Development and investment fund Heitman. The value of the investment is approximately EUR 55 million.
Aneta Rogowicz-Gała, Partner, Head of Property & Asset Management, Cushman & Wakefield, said: “We are pleased that the consortium of TK Development and Heitman has appointed us to manage Nowy Rynek right from the outset. Drawing on its many years of experience on the Polish market Cushman & Wakefield will introduce good management practices in the building to ensure top quality services for both the shopping centre’s tenants and customers.”
The Property & Asset Management Department of Cushman & Wakefield is a leading team managing commercial properties on the Polish market. It specialises in modern office, retail and industrial properties.
More information on Nowy Rynek in Jelenia Góra at: http://www.nowy-rynek.com.