The Lublin Plaza shopping and entertainment centre, which is to be bought by French property company Klepierre, has opened to the public, developer Plaza Centers said on Wednesday. The 26,000 m[sup]2[/sup] mall is located in the centre of Lublin, a city of over 350,000 residents in eastern Poland. Lublin Plaza is fully occupied by national and international retailers. Plaza Centers, a shopping centre developer active in Central and Eastern Europe, holds a 50% interest in the Lublin mall. The remaining interest is held by a joint venture partner.
The Lublin Plaza shopping and entertainment centre, which is to be bought by French property company Klepierre, has opened to the public, developer Plaza Centers said on Wednesday. The 26,000 m2 mall is located in the centre of Lublin, a city of over 350,000 residents in eastern Poland. Lublin Plaza is fully occupied by national and international retailers. Plaza Centers, a shopping centre developer active in Central and Eastern Europe, holds a 50% interest in the Lublin mall. The remaining interest is held by a joint venture partner.
'This is the third centre we have opened in Poland in 2007, all of which were 100% occupied on opening, and is also the seventh centre we have opened in Poland since starting operations here in 2000,' said Ran Shtarkman, president and ceo of Plaza Centers. He said Plaza Centers would update investors once the sale of Lublin Plaza to Klepierre is completed. Plaza is part of the Europe Israel Group of companies, controlled by Mordechay Zisser.