Arka2 fund gets rid of its real estate portfolio

Arka BZ WBK Fundusz Rynku Nieruchomości 2 FIZ has signed a deal to sell five pieces of real estate from its portfolio alongside with two special purpose vehicles, propertynews.pl reported. All of the assets will be purchased by  ERED 1 and ERED 3, owned by the Berglod Group. The portfolio includes two shopping malls: Galeria Łomża in łomża, Dom Handlowy Dukat in Olsztyn and office buildings Park Biznesu Teofilów in Łódź, Jutrzenki Business Park and Okopowa 56, both in Warsaw. The total GLA of space amounts to some 25,000 sqm, the web portal informed. Closing of the fund's operation will take place on December 28 this year.