Our better half

In the same period contracts worth EUR 1.26 bln were finalised in the region, 70 pct of which (EUR 877 mln) was transacted on the Polish market. The mood of analysts is not optimistic, despite the fact that a few days before publishing the JLL research, Heitman announced the signing of a conditional agreement with TK Development to purchase two retail assets: Galeria Tarnovia in Tarnów and a shopping centre project in Jelenia Góra. The total value of the transaction amounts to EUR 95 mln. A few days later another investor concluded a deal - this time it was UniImmo: Deutschland, an open investment fund managed by Union Investment, which announced the acquisition of the Manufaktura shopping and entertainment centre from French partners Fonci?re Euris, Rally and Apsys. The portfolio of the German fund will now be added to by an area of 91,000 sqm, for a price of more than EUR 300-350 mln. Appetite comes with eating"Kulczyk Silverstein Properties Real Estate Investment Management is an