BALMAIN ASSET MANAGEMENT AND BSC REAL ESTATE ADVISORS BECAME PARTNERS OF RETAIL INSTITUTE

New companies and shopping centres join the research of footfall, turnovers, OCR and affordability by Retail Institute (RI). Balmain Asset Management and BSC Real Estate Advisors became new Partners of the Institute, who highly evaluate quality of analysis published by RI. New members will be reporting centres’ data, for the purpose of Retail Institute research, from Tristan Capital Partners portfolio, Galeria Emka in Koszalin, Galeria Pomorska in Bydgoszcz, Centrum Galardia in Starachowice and Galeria Panorama in Poznań.

Additionally, experts from both companies will be sharing their knowledge and experience on retail market during events, discussion panels and in publications prepared by Retail Institute.

Anna Szmeja, Retail Institute CEO, said: Over 120 shopping centres already joined the Retail Institute project. We expect next 10 to join us in the near future. All this will allow us to prepare even more detailed analysis of retail market, also in the local aspects. We base our analysis on three main criteria: size of shopping centre, its location and type of offer. Retail Institute, as only organization in Poland, monitors the influence of Sunday trade ban on results achieved by shopping centres. It is very important for us to deliver honest and current data to our Partners. Only then it has the real impact on decisions made by them. We are really happy for Balmain Asset Management and BSC Real Estate Advisors to join our Institute and I am sure this cooperation will result in new, common initiatives to be undertaken.

Paul Cawood, Partner of BSC Real Estate Advisors and Non-executive Director of Balmain Asset Management, said: We are delighted to partner with Retail Institute which provides market-leading intelligence on retail sales and footfall across Poland. The sample is now significant and provides a wide view of national and regional averages and market movement which helps us advise our client base armed with a first class benchmark.