Portfolio Poland

1 Krzemowa, Gdańsk


1 Krzemowa, Gdańsk

A well-located neighbourhood shopping centre in Gdańsk, on Poland´s Baltic coast, anchored by Biedronka, Poland´s largest supermarket chain


Address: 1 Krzemowa, Gdańsk
Category: Shopping centre
Site: The Gdańsk – Sopot-Gdynia (750,000 inhabitants) conurbation is located in the northern part of Poland, on the Baltic coast. The property is situated in the southern part of Gdańsk, within the city’s most densely populated 40th district, Chelm (50,000 inhabitants). To the north-east it borders the Srodmiescie district, home of the medieval old town. To the west and east, it adjoins the residential districts of Orunia, Ujescicko Lostowice, Wzgórze Mickiewicza and Siedlce. Surrounded by multifamily residential buildings, the property benefits from high volumes of passing traffic, with Gdansk’s city centre reachable by car within less than 10 minutes.
Property: Freehold
Time of origin: 2002
Plot size (m2): 5.122
Surface (m2): 1.573
Occupancy rate: 100%
Parking spaces: 46
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The dividend policy of the Fund is to aim to pay out ca. 35% of the annual operational profit as dividend. This annual distribution may be replaced or supplemented by specific share buyback programmes as approved by shareholders in a General Meeting.

Arcona Property Fund counts the following substantial companies amongst its tenants: