Mitiska REIM has announced the start of the redevelopment project of the Europa Centralna in Gliwice.
Mitiska REIM acquired Europa Centralna on behalf of the MEREP 3 fund, alongside a co-investment from EBRD, and last year agreed the sale of a 6.6-hectare land plot to Momentum Leisure. According to the investor, Momentum Leisure is developing a new EUR 50 million theme park on a land plot adjacent to the retail center, the opening of which is planned for mid-2027.
As part of the project, the main gallery of Europa Centralna has been closed for a comprehensive renovation that will significantly upgrade the customer environment and retail offer. The retail park section will continue to operate without disruption, ensuring full access for customers and stable trading conditions for tenants. Throughout the redevelopment period, nearly 40,000 square meters of retail space, together with all existing parking facilities, will remain fully open. The project team is currently selecting a demolition company, with demolition works planned to begin at the start of December. The general contractor is expected to be formally appointed in the first quarter of 2026, currently scheduled for February 2026.
The retail park remains open and continues to provide access to well-known brands, including Action, Aquael ZOO, BEL-POL, Castorama, Fluegger Farby, Funzeum, Galeria Telefonow, House of Air, Jula, JYSK, Kolejkowo, Martes Sport, McDonald’s, Media Expert, myjnia samochodowa, New Yorker, Nexterio, Pan Materac, RTV Euro AGD, Smyk, Sports Direct, Studio Mebli Kuchennych, and TEDi.
“Mitiska REIM has a long track record of revitalizing underperforming retail assets and transforming them into modern, successful, and sustainable convenience retail centers for the benefit of shoppers, tenants, and local communities,” commented Mitiska REIM Managing Partner and Managing Director of Poland Sylvie Geuten-Carpentier. “Since acquiring Europa Centralna two years ago, we have worked in partnership with existing tenants and local authorities to redevelop and reposition the center and bring in new entertainment partners such as Momentum Leisure. Our goal is to turn Europa Centralna into a go-to destination in the region through a compelling offering of necessity retail, leisure, and entertainment.”
Image source: mitiska-reim.com