NEPI Rockcastle buys Olsztyn mall for almost €65 mln

Johannesburg Stock Exchange- and Euronext Amsterdam-listed commercial property investor and developer NEPI Rockcastle has acquired the Aura shopping center in Olsztyn in north-eastern Poland from Rockspring. The value of the transaction amounts to 64.9 million. Opened for business in 2005, the Aura mall was extended in 2009 and modernized in 2013 and 2016. It comprises more than 25,000 sqm of GLA and is currently 94.2 % leased out with major tenants including Carrefour, H&M, Helios, LPP, Martes Sport, New Yorker, RTV Euro AGD and Smyk. NEPI Rockcastle also owns the Galeria Warmińska shopping center in Olsztyn, which is the dominant mall in the city.

Pin It