Factory Ursus outlet center in Warsaw sold for €79.7 mln

Image: Neinver

Neptun, a joint-venture company established by developer Neinver and investment manager TH Real Estate, has acquired the Factory Ursus outlet center in Warsaw from IRUS European Retail Property Fund for €79.7 million. Located in the Ursus district of the Polish capital and completed by Neinver in 2002, the center comprises over 19,500 sqm of GLA and houses more than 100 stores. Neptun’s portfolio currently comprises 13 assets offering a total of 304,500 sqm of retail space. Five of them are located in Poland (in Warsaw, Kraków and Poznań).

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