Plaza Centers, an emerging markets property developer, has completed and opened Suwalki Plaza in Poland - its 30th shopping centre in Central and Eastern Europe and its ninth in Poland. Suwalki Plaza is located in Suwalki’s city centre in the north-east of Poland.
Plaza Centers, an emerging markets property developer, has completed and opened Suwalki Plaza in Poland - its 30th shopping centre in Central and Eastern Europe and its ninth in Poland. Suwalki Plaza is located in Suwalki’s city centre in the north-east of Poland.
The mall comprises 20,000 m2 of gross lettable area (spread over three floors with 450 parking spaces. Suwalki Plaza is the first western style shopping centre in Poland's entire north-east region, with a catchment area of 200,000 inhabitants. The centre was about 80% let on opening and it includes a three screen cinema, Fantasy Park bowling and entertainment centre and a delicatessen. There are over 65 shops in the centre with international fashion brands such as H&M, KappAhl, Empik, New Yorker, Deichmann and Douglas.
Plaza has sold 26 of its 30 shopping centre developments to date with an aggregate gross value of circa EUR 1.16 bn. These comprise 17 shopping centres in Hungary, seven in Poland and two in the Czech Republic. The remaining four shopping centres are currently being held as operational assets, of which two are located in Poland, one in the Czech Republic and one in Latvia.
