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News Release

Warsaw

Jones Lang LaSalle appointed as a leasing agent for a new Inter IKEA Centre Group Poland project in Lublin


Warsaw, 27 January 20112 – We are pleased to announce that Jones Lang LaSalle will cooperate with Inter IKEA CG Poland in the commercialisation of the company’s new shopping complex in Lublin. The range of services provided by Jones Lang LaSalle for the new Inter IKEA’s project includes comprehensive consultancy advice and lease terms negotiations.
Ewa Teodorczyk, Head of Leasin Department  in Inter IKEA CG Poland, commented: “We appointed Jones Lang LaSalle on a back of our successful co-operation in the past on projects such as Targówek Retail Park in Warsaw, Rawa Retail Park in Katowice, Bielany Retail Park in Wrocław and Matarnia Retail Park in Gdańsk.”

Edyta Potera, Associate Director in Retail Agency in Jones Lang LaSalle, said: “There has been a significant developers’ appetite for the city of Lublin which is clearly undersupplied with retail space. The Inter IKEA CG Poland project represents a long awaited destination both by a local community and by retailers. The centre will cater for entire families.”

Upon completion, the total space of the two-storey retail cluster will be approx. 80,000 sq. m GLA and will encompass an IKEA store, a gallery (49,000 sq m) and a hypermarket (11,000 sq m). Clients will be provided with 3,000 car parking spaces. In addition to a comprehensive shopping offer, the project will also feature a wide selection of catering units such as cafes and restaurants.
The project will offer a convenient transport network. It will be located in northern part of Lublin, next to the future junction of S12/S17 ring road and upgraded DK 19 national road, around six-minute drive from the city centre.
The opening of the project is planned for Spring 2014.