Alma Market to sell 50% of its property portfolio

Polish real estate Alma Market has sold three retail properties (out of six) worth PLN 27 million in total to the investment fund Skarbiec TFI. The "Sale and lease back" transaction was in relation to three supermarkets from the Alma chain (two in Kraków, one in Warsaw). Alma Market, as the owner (and occupant) of the existing assets, has also signed a contract with the new buyer of a long-term lease. Capital group Alma Market is a Polish company specializing in retail trade. The firm has been listed on the WSE since 1994.