PL

Poland Focus turns focus on Płock

Investment & finance
Ukrainian investor Focus Estate Fund has acquired the Atrium Mosty shopping centre in Płock, about 110 km northwest of Warsaw, for an undisclosed sum.

This is the fund’s fifth investment in the Polish retail sector, following the acquisitions of Turawa Park in Opole around the beginning of this year, as well as in previous years Galeria Sandomierz, Park Handlowy Eden in Zgorzelec and Galeria Awangarda in Bartoszyce.

The seller, Atrium European Real Estate, which is part of G City Group (formerly Gazit-Globe), also recently sold the Atrium Copernicus mall in Toruń to NEPI Rockcastle for EUR 127 mln. It has also put up for sale Atrium Molo (27,500 sqm) in Szczecin and Atrium Palac Pardubice (20,600 sqm) in the Czech Republic as well as the Polish-registered company Atrium Agromex Development.

Atrium Mosty, which was completed in 2010, comprises 18,700 sqm gla with 70 stores and 659 parking places. Its anchor tenants are Biedronka, Sinsay, Media Expert, Pepco and Rossmann.

We follow our strategy of diversifying the investment portfolio by acquiring properties in different geographical parts of Poland as well as by supplementing the format of retail parks with convenience shopping centres with excellent location. Moreover, the available vacancy allows us to reconceptualise the shopping centre and transform it into a place of family leisure which will successfully combine not just the shopping needs but entertainment and relaxation.
Maxim Shkolnick, the Focus Estate Fund’s general partner

Atrium Group, the seller of the property, was represented by JLL, while Atrium was supported by Czabański & Gałuszyński, Gleeds and KKLW.

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Edition 11 (293) November 2024

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