Marcredo Shopping Centers with new owner

Capital Markets

Marcredo Shopping Centers with new owner

HBK, asset manager of Direkt Invest Polen fund, finalized sale transaction of retail portfolio, comprising of seven existing properties as well as development lands for new projects. Master Management Group became new owner of the Portfolio. Total value of the transaction equals to ca. 60 mln EUR. The advisory process for the seller was held by BNP Paribas Real Estate Poland’s Capital Markets CEE team – Dr. Piotr Goździewicz, MRICS, Director and Rafał Proczek, Senior Consultant.

The portfolio comprises of 7 existing shopping centers, offering approximately 63,000 sqm of GLA distributed over different formats – from retail parks to shopping centers. Properties are located in Kutno, Ciechanowów, Piekary Śląskie, Józefosław, Lubin, Poznań and Szczecin. The properties are popular not only among customers, but also among tenants.

Sale of the HBK / Direkt Invest Polen portfolio proves investors’ persisting demand for retail assets throughout Poland. In Q2 2017, investment market transactions in retail sector reached 80% of overall volume. We estimate this trend to sustain until end of the year

Piotr Goździewicz, MRICS, Director Capital Markets CEE

The transaction is reflecting current investment market demand, clearly proving the investor’s appetite for attractive retail schemes in secondary cities of Poland

Rafał Proczek, Senior Consultant, Capital Markets CEE


Download All

Gozdziewicz Piotr

image | 2.9 MB

Proczek Rafal

image | 2.64 MB

Related Stories
EQlibrium is up on sale

EQilibrium office building located at Jana Kazimierza Street in Wola district in Warsaw is up on the sale. BNP Paribas Real Estate Poland experts are providing advice for the sale of the building.
A strong end of the year expected on the investment market

The total value of transactions on the domestic investment market at the end of 2017, taking into account the acquisitions completed in the first nine months and the estimated value of transactions in progress, may be about 15% higher from the record EUR 4.5 billion last year. The EUR 2.3 billion generated during the first three quarters of 2017 was lower than the value of the transactions completed in the corresponding period of the previous year, however the authors of the report believe this was caused e.g. by new regulations concerning the tax classification of agreements that prolong the decision-making process and the time needed to prepare and complete a transaction.
Encouraging investment market results for Q2 2017

Investor appetite has translated into high transaction volumes which stood at approximately 1 billion Euro. This is one of the trends discussed in “At a Glance. Polish investment market, Q2 2017” report.
Galeria Świdnicka with a new owner

Calioppe Investments has acquired the scheme from Rank Progress, a Warsaw Stock Exchange listed company engaged in the property investment and development sector. The total value of the transaction amounts to EUR 26.7 million including EUR 15.2 million of debt financing.
Check your inbox for a subscription confirmation email.
By confirming your subscription you will receive the latest content published on this website and consent to your information being securely processed and stored.