Capital idea

Capital cities were the first to benefit from the boom in modern retail projects in the CEE region. Are they also going to be the first to enjoy the new wave of shopping centres? In times of turbulence investors stick to the golden rule: "Prime product is king!" Moscow traditionally has been the number one choice for the majority of investors, who prefer to play it safe rather than investing in the regions. But is this also the case in other CEE capitals? A few recent investment deals give some food for thought. At the end of September, Atrium European Real Estate bought the 37,600 sqm Palác Flóra shopping centre in Prague for EUR 191 mln from its two previous owners, AFI Europe and Avestus Capital Partners. At the very end of 2010 Atrium purchased the Promenada shopping centre in Warsaw for almost EUR 170 mln and now has an income-producing portfolio valued at around EUR 2 bln. Still number oneThe retail market is hardly an exception, with investors still opting for the comfort wh
Already have an account? Log in
92% of content remaining
Unlock full access to the edition
PLN
EUR
EurobuildCEE magazine
Access to EurobuildCEE edition online & flipbook
Current edition
Annual subscription
52 PLN
37.50 PLN
You save 23% when paying annually
Monthly on one device. Annual payment
52 PLN
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
420 PLN
350.00 PLN
You save 17% when paying annually
Monthly on one device. Annual payment
420 PLN
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

Categories