Turnover per square meter at Gemini shopping centers has increased significantly compared to the previous year, with all centers outperforming the Polish Council of Shopping Centers (PRCH) Turnover Index. Notably, Gemini Park Tarnów saw a 16% rise in turnover, Gemini Park Tychy recorded nearly 9%, and Gemini Park Bielsko-Biała achieved a 6% increase.
Gemini Park Bielsko-Biała
New leases signed in the first half of 2024 total 1,610.24 m². Esotiq opened in April, followed by Sports Direct in July, marking the first location of this brand in the Gemini Park portfolio and strengthening the center’s sports offering.
Lease renewals cover a total of 10,158.31 m², with brands such as Aren, Bytom, Hebe, Hypermarket bi1, home&you, Itaka, and Your Travel Center continuing their partnership with Gemini Park Bielsko-Biała.
A clear trend of store modernization is emerging. Last year, brands like Triumph and Sushi Samuraj introduced new store concepts, followed by Hebe and Douglas this year. More brands, such as Ochnik, will soon open in updated formats with expanded spaces.
Gemini Park Tarnów
In the first half of 2024, Gemini Park Tarnów signed leases for 271.66 m² of space. New tenants include Change Lingerie (opened in March), LaFlor florist (opened in April), and Pierre Cardin (opened in August). The center also welcomed a new Pan Burger restaurant in May, and an expanded Medicine store, redesigned with the brand’s latest concept, opened at the end of the summer.
Following LPP Group’s decision in 2023 to extend all leases and expand their stores, the first half of 2024 saw the reopening of the Reserved store in a larger location with the latest store concept. Additional LPP brand stores—Cropp and House—are scheduled to open in September, all featuring the latest concepts.
Lease renewals cover a total of 965.51 m², with tenants including Duka, Greenpoint, Kantor, Liberty, Medicine, Orange, Perfect Serwis, Play, Sizeer, and Pralnia EBS.
Gemini Park Tychy
Gemini Park Tychy secured a new lease in September for 73.80 m², welcoming Cafemania, created in collaboration with the well-known brand Lodomania. In February, the popular Hop Bęc playground opened, covering 508.42 m².
Lease renewals total 4,133.23 m². Tenants who have extended their leases include Cafe De Grano, Fine Wine, KFC, Lodomania, New Yorker, Ochnik, Reporter Young, Silesia Jeans, Tedi, Tefal, Vision Express, Vive Profit, and Wojas.
– The first half of 2024 has been very successful for us, both in terms of turnover in our tenants’ stores and the number of leases signed – says Anna Malcharek, Managing Director at Gemini Holding. – We aim to provide our customers with a diverse product offering, ensuring that their shopping needs, shaped by the latest trends, are met. We continuously analyze market data and update our tenant mix – she concludes.
A Larger Ochnik Store in a New Concept at Gemini Park Bielsko-Biała
On December 4, Ochnik unveiled its newly expanded store at Gemini Park Bielsko-Biała, now spanning 543 square meters. This marks a fourfold increase in size for a store that has been part of the shopping center since its opening 15 years ago.
Impressive Results from Gemini Park Bielsko-Biała’s Image Campaign
The ongoing image campaign at Gemini Park Bielsko-Biała, promoting an active lifestyle and the center’s sports offerings, is delivering impressive results. Initial outcomes are striking—sales for sports tenants have increased by an average of 28% month-over-month, with footfall in most stores up by as much as 20%.
A Successful Streak for the Footwear Sector – Gemini Park Tychy Expands Its Offering
In October this year, Gemini Park Tychy Sp. z o.o. signed a five-year lease agreement with Shoebox Polska Sp. z o.o. for the opening of an Office Shoes store spanning over 100 square meters. The store is set to open at the end of November 2024.