Poland Four shopping centres change hands
Investment & financeschedule 11 April 2023
One of the sold Facilities is Stara Cegielnia in Szczecin
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An international investment fund has sold four retail centres: Stara Cegielnia in Szczecin, Galeria Kosmos in Koszalin, OK Centrum Wałbrzych and OK Centrum Strzegom, with a total area of app. 15,000 sqm. They are to be partly renovated and re-commercialised by the buyer.
Each centre has a discount food chain operator as the main tenant – either Lidl, Biedronka or Intermarché. The seller was represented by Avison Young and supported by Dentons on legal matters.
This transaction confirms that established retail formats, located in central, convenient locations, which can be acquired at attractive pricing, will continue to be the subject of transactions.Michał Ćwikliński, the prinicipal and managing director of Avison Young in Poland
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