News Article C&W signs two property management deals in Poland
by Ákos Budai | Retail

Cushman & Wakefield announced that now it is the property manager of Union Investment’s two retail properties in Poland: Sarni Stok and Ferio Konin shopping centres.


Cushman & Wakefield has been the property manager of Sarni Stok in Bielsko-Biała (southern Poland) since 2006. Union Investment decided to retain Cushman & Wakefield’s services after acquiring the property in 2015. Sarni Stok offers over 30,000 sq m of retail space with tenants including Carrefour, Media Markt, TK Maxx, H&M, New Yorker, JULA, Reserved, Empik, Smyk and Rossmann.
 
In April 2016 Union Investment became the new owner of Ferio Konin, the dominant shopping centre in the region attracting a catchment of over 300,000 in and around the city of Konin (central Poland). It is fully leased, with an international tenant mix anchored by fashion, supermarket, DIY, electronics and sports operators on ca. 40,000 sq m. After the acquisition of Ferio Konin by Union Investment, the new owner signed an asset services agreement with Cushman & Wakefield, the previous property manager of the centre.