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200820 EPP Primark Opening at Galeria Młociny FINAL

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200820 EPP Primark Opening at Galeria Młociny FINAL Press release 20 August 2020 EPP’s Galeria Młociny becomes the home of Poland’s first Primark Johannesburg Stock Exchange listed EPP (JSE:EPP), Poland’s biggest retail landlord, today welcomed the opening of the country’s first Primark, the international retailer that offers Amazing Fashion at Amazing Prices, at its Galeria Młociny shopping centre, Warsaw. The Primark Warsaw store, which created over 250 local jobs, comprises of 3,660 square metres of retail selling space over two floors at EPP’s co-owned Galeria Młociny shopping centre. It features the latest trends in women’s, men’s, and children’s fashions including footwear, accessories, as well as lingerie and homeware. Customers can also shop Primark’s range of products made using sustainable, recycled, and organic materials. The store’s design and layout builds on Primark’s latest contemporary shop fit with 35 fitting rooms, including family ones, 30 cash desks, and access to free Wi-Fi for an enjoyable and convenient shopping experience. The store also features extensive measures in place to help safeguard employees and customers including a social distancing protocol and increased in-store cleaning. – Galeria Młociny boasts a spectacular mix of retailers, which strongly differs from the offer available anywhere else in Poland. This has allowed it to become a unique shopping destination on the map of Warsaw and a must-be place for the most exciting brands. We are very happy to welcome one of them – Primark, a much-awaited debut in our shopping centre – said Wojciech Knawa, Member of the Management Board responsible for the property management at EPP. – We are delighted to open the doors of our first store in Poland and to offer our Amazing Fashion at Amazing Prices to customers from Warsaw and beyond. Poland is an important market for Primark and marks another milestone in our expansion in Central and Eastern Europe. I would also like to thank all our employees who have been working hard to ensure we are ready to welcome our customers to shop in a safe environment for all – stated Maciej Podwojski, Sales and Operations Manager, Primark Poland EPP has a 70% shareholding in the flagship Galeria Młociny shopping centre and also manages this Poland’s most modern shopping complex. Primark was represented by Cresa in the process of negotiating the lease of the first store in Poland located in Galeria Młociny. EPP EPP is the largest owner of retail real estate in Poland in terms of GLA. The company's portfolio comprises 32 projects (25 retail, 6 office and one multifunctional under planning) with a total value of over EUR 2 billion and more than one million square metres of lettable space. EPP's properties are located in the most attractive Polish cities with the highest consumer demand and growth potential. The company is committed to deliver the best possible rates of return to its shareholders by providing consumers with a unique shopping experience and tenants with attractive space and innovative solutions to help them develop their business. EPP, which operates like a REIT, is listed on the stock exchanges in Johannesburg (JSE) in the Republic of South Africa and Luxembourg (LuxSE Euro MTF). More information at www.epp-poland.com. Primark Primark is an international retailer that offers the latest fashion, beauty and homeware at the best value on the high street; put simply, Amazing Fashion at Amazing Prices. First established in Dublin in 1969, Primark currently has over 380 stores, with over 16 million square foot of selling space, across 13 countries: the Republic of Ireland, the UK, Spain, Portugal, Germany, the Netherlands, Belgium, Austria, France, the US, Italy, Slovenia and Poland. Primark employs over 70,000 people and in the last financial year (FY 18/19) opened 15 stores creating over 4,500 new jobs and received over 42,000 job applications for these stores. Galeria Młociny A unique selection of tenants, the largest food court and entertainment zone in Poland and innovative interior design make Galeria Młociny a unique destination on the Warsaw retail map. This mixed-use facility located in the Bielany district, close to a transport hub serving 24 million passengers per year, offers 85,000 square metres of retail space, which houses over 200 shops and nearly 50 restaurants and cafes. The place is distinguished also by its innovative approach to designing meeting, entertainment and catering places. The investors of Galeria Młociny are EPP (70% of shares) and Echo Investment (30% of shares). The first company manages a newly opened complex and the second one is responsible for the development process and the lease. .
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