Galeria Olimpia, Bełchatów

Award:

New Shopping Centre of the Year, Poland

Name of project:

Galeria Olimpia

City:

Bełchatów

Total area (sqm):

48,100

GLA (sqm):

32,900

Name of developer:

Echo Investment

Name(s) of investor(s):

Echo Investment

Source of project financing:

credit agreement (EUR 15.3 mln with Nordea Bank Polska)

Architect:

Mofo Architekci

Construction company:

Polimex-Mostostal

Leasing agency:

Echo Investment's leasing team

Short information about Developer/Investor: Echo Investment is among the largest investment and development companies with Polish capital in Europe. The company realises investments in four key sectors of the real estate market: housing, shopping and shopping centres, office buildings and hotels. The company has already completed over 90 projects in several Polish cities, with a total area of app. 800,000 sqm. The company also manages investments in Romania, Hungary and Ukraine.

Short information about the project.: The opening of Galeria Olimpia is to take place on November 30th, 2012. So far 90 pct of its retail area has been leased. Galeria Olimpia and the neighbouring Echo shopping centre will create a functionally connected retail and service complex with a gross leasable area of 32,900 sqm. It will include two hypermarkets: Tesco and Carrefour, which has been operating in the Echo shopping centre, as well as a Nomi DIY shop. A Helios multiplex cinema, the biggest cinema chain in Poland, will also be opened. The shopping centre will include 85 shops such as: H&M, Reserved, House, Mohito, Cropp, New Yorker, Orsay, Martes Sport, RTV Euro AGD, CCC, Deichmann, Rossmann and KFC. Its underground and ground-level car parks will offer a total of 1,050 parking spaces.

Company website: www.galeriaolimpia.com.pl


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