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News Release

Warsaw

Jones Lang LaSalle to manage Forum Gliwice

The company provides comprehensive property management services and conducts the re-commercialisation process of one of Katowice Agglomeration's leading shopping and entertainment centres


Warsaw, 28 November 2013 - Jones Lang LaSalle has been appointed property manager of the Forum Gliwice shopping and entertainment centre. The company is responsible for the supervision of operational, technical, financial and marketing processes, as well as the asset’s re-commercialization. The owner of Forum Gliwice, German investment fund Deka Immobilien GmbH, handed over these responsibilities to Jones Lang LaSalle at the beginning of November.
The popular Forum Gliwice is strategically located in the centre of one of the most dynamically developing cities in the Silesia region, in the block between Lipowa, Opolska, Traugutta and Witkiewicza streets. The centre, commissioned for use in June 2007, is located within a 15 minute drive from the Gliwice – Sośnica, motorway intersection – the largest transport hub in Central Europe. A bus and railway station are also located in close proximity to the centre. The 43,000 sq m of office space accommodate 140 shops and service units. The property’s tenant portfolio includes Carrefour as well as popular Polish and international fashion brands such as Reserved and Mohito from the LPP group portfolio and Zara and Bershka from the Inditex portfolio. One of the centre’s main assets is its entertainment amenities which include a 13 – screen Cinema City multiplex, a gym and other sports facilities as well as numerous cafes and restaurant.

Virginie de-Baere, Head of Property Management Poland, Jones Lang LaSalle, commented: “Starting from November, Jones Lang LaSalle has been providing comprehensive property management services for Forum Gliwice. Our responsibilities include supervision of operational, administrative, financial and technical processes, as well as marketing activities and maintaining excellent relations with tenants. We firmly believe that thanks to our experts’ significant experience in the area of shopping centre management in Poland and in the CEE region, Jones Lang LaSalle will contribute to a further strengthening of Forum Gliwice’s position on the Polish retail scene”.

The firm is also responsible for the re-commercialization process and providing project and development services.

Jones Lang LaSalle manages 65 projects for institutional clients and private investors in all sectors of the real estate market, including retail, office and industrial. The total GLA of assets managed by the firm in Poland is over 700,000 sq m. Jones Lang LaSalle’s clients include: Aviva Central European Property Fund, Balmain Asset Management, Catalyst Capital, Deka Immobilien GmbH, elbfonds Development, Heitman, P3, RREEF and Rockspring