Euro Mall has prepared reconstruction of "Galeria Tarnovia"

Euro Mall is supervising the acquisition of permits for the reconstruction of the "Galeria Tarnovia" shopping center on Krakowska Street in Tarnów (Małopolskie Province). The enterprise is going to include the re-commercialization, modernization and changing location of outlets of, among others, the following chains: Biedronka, Jysk, Kappahl, Newyorker, Vision Express, CCC and Rossmann. Architects from (Art. Studio) Paweł Kurzeja, Anna Smolska (A.N.I) and Marek Witaszewski are collaborating on the investment. Let us recall that in May 2016, we informed about Griffin Property Finance II providing approx. 10 mln euro of mezzanine type financing for the expansion of the "Tarnovia" center with a 5-room cinema. Meanwhile, in April of that year, we wrote that the owner of the complex, TK Development, had entrusted Erbud with the contracting of the Cinema 3D multi-screen cinema. The outlet, with a total area of 36,500 sqm and a lease area of 17,000 sqm, is managed by Cream Management. ■


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