Makeover for Galeria Sfera
Retail & leisureThe work, which should be completed by mid-2018, is to be divided into four stages. The first stage is nearing completion and involves changes to the appearance of Galeria Sfera I: refurbishing the walls, the ceilings, replacing the outdoor furniture and the partial replacement of the lighting. This work is designed to adapting the older part of the building to the newer section – Galeria Sfera II. Work has already begun on the second stage, improvements to the multi-storey car park of Galeria Sfera II. CBRE Global Investors, the owner of the centre, has opted to repaint the walls and pillars, the marking of areas and to install a vacant space information system, among other improvements.
A tender is to take place to choose a company to install new zone marking inside Galeria Sfera to improve the communication and navigation around the mall. Staircases are to be made available to relieve the pressure on the lifts. New illuminated marketing communication tools are also to replace existing media. Other improvements will be along the lines of the family-oriented strategy adopted by the management of the centre. The refurbishment of the parents with children rooms is to start soon, while the toilets and washing facilities will be adapted for children and a separate play area is to be created in the food court of Galeria Sfera II.
“From the moment we acquired this centre, our intention was to maintain the attractiveness of Galeria Sfera in the eyes of customers and tenants through modernisation that reflected market trends and expectations. The centre, which registered almost 13 mln visits last year, is the leading centre in the Podbeskidzie region; however, changes are necessary maintain the position it has achieved over the years,” explains Karel Zeman, the director of CBRE Global Investors Polska.
Galeria Sfera became part of CBRE Global Investors’ portfolio at the end of 2015. The mall, which opened in 2001, comprises 250 stores, restaurants and service units as well as a music club, a four-star hotel, warehouses and office space.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...