Appetite for investing
Investment & finance
ECE is putting its development activities on the back burner as it sees an opportunity to buy new assets and provide facility management for others. “We have a great appetite for the Polish retail market,” declares Leszek Sikora, the director of the development department of ECE Projektmanagement in Poland
Aneta Cichla, ‘Eurobuild CEE’: ECE has participated in one of the largest ransactions on the retail market this year – the purchase of the Silesia City Center shopping centre in Katowice for over EUR 400 mln. Is it worth buying such product on the Polish market?Leszek Sikora, the managing director of ECE Projektmanagement Polska: There are many centres in Poland that are ripe for acquisition. In the last few years there were quite a lot of facilities of different categories built. Some have even managed to become old and others are still being built. It is a vibrant market where a lot of transactions are being closed. Such as, for example, the purchase of Silesia City Center by a consortium including ECE and which Allianz is the leader of. On the other hand, it is harder to find a premier league centre – the best on offer. This, again, is reflected in the higher prices that need to be paid for the best centres. Silesia cost over EUR 400 mln. It is one of the lar
Already have an account? Log in
91% of content remaining
Unlock full access to the edition
PLN
EUR
EurobuildCEE magazine
Access to EurobuildCEE edition online & flipbook
Current edition
Annual subscription
You save 23% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
