JLL mandated to market Polish mall

Jones Lang LaSalle has been selected as the exclusive leasing agent for the extension of Galeria EMKA shopping centre in Koszalin, Poland. The company will also advise on the re-modelling of the existing retail area of the centre.

Galeria EMKA shopping centre opened in 2002 and provides 15,000 m² of leasable retail area across 100 units and 550 parking spaces. The scheme, owned by the Polish arm of UK investor London & Cambridge Properties, is planned to be extended by a further 15,000 m² of space to offer a total of 30,000 m² of retail area and 1,090 parking spaces. Completion is planned for the third quarter of 2014.

'We perceive Poland as a market for long-term investments and we are increasing the value of our properties and their functionality for clients via active management,' said James Fife, CEO of LCP Properties. 'We would like to confirm our intention to continue the investment in and modernization and extension of Galeria EMKA, as a priority project in our portfolio.'