Focus takes Awangarda
Investment & financeschedule 23 July 2018
Focus Real Estate has made its second Polish investment this year
1 / 1
POLAND Ukrainian Investor Focus Estate Fund has purchased the Galeria Awangarda mall in Bartoszyce, its second retail property acquired this year in Poland.
The total area of the centre, which was opened in April 2016, comes to 7,515 sqm with a gla of 6,126 sqm. At the time of the transaction, the vacancy rate was about 3 pct, and its main tenants now include Biedronka, Jysk, KIK, Deichmann, and ABRA.
The deal was brokered by Kyhos Real Estate with legal advice from Czabański Gałuszyński i Partnerzy. JLL has now been appointed property manager.
"We continue to follow our strategy of diversifying our investment portfolio, by acquiring propertie
Already have an account? Log in
62% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
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
Modern offices for modern officials
Modern offices for modern officials
Newmark Polska
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
Walter Herz
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
Axi Immo
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...