A retail park in Bielsko-Biała, which is being built on the site of a Tesco shop on Warszawska Street, has a new owner.
Redkom Development, responsible for the construction and commercialisation of the facility, sold the project to Newgate Investment, a company specialising in managing the value of retail properties, especially retail parks.
Newgate Investment’s portfolio currently includes 31 schemes with a total GLA of more than 140,000sq m. The occupancy rate of the retail spaces making up the company’s portfolio is nearly 100 per cent.
The retail park in Bielsko-Biała is scheduled to open in Q4 2024. The new facility will provide the market with 17,000sq m of GLA with approximately 30 shops and service units. It will therefore be the largest retail park in Bielsko-Biała. A car park for 500 cars will be built next to the facility. A Burger King drive-thru restaurant will also be part of the project, further enhancing the park’s attractiveness for city residents.
The agent working with Redkom Development on the commercialisation of the building is Mallson Polska. Among the tenants, besides the grocery operator, which will be Kaufland, there will be popular brands such as: Sinsay, TEDi, Jysk, Media Expert, Kodano Optyk, Xtreme Fitness Gyms and KiK.
Despite the sale, Redkom is still responsible for the construction and commercialisation of the retail park in Bielsko-Biała.
