Aviva sells CH Focus Park

Investment fund Aviva Investors has finalized the transaction of the sale of shopping mall Focus Park in Rybnik to Union Investment for an undisclosed sum, real estate consultancy JLL informed. "This transaction clearly illustrates the growth in retail investor activity. It also further proves the interest among key foreign investors in shopping centers that are located outside major Polish agglomerations, boasting a strong position on its particular market, a wide catchment area, high footfall and loyal customer base," Agnieszka Kołat from JLL was quoted in a statement. Focus Park was constructed in 2007 and has 17,850 sqm of total space. It houses 74 stores with key tenants including Alma, Bershka, C&A, CCC, Cropp, Empik, House, Mohito, New Yorker, Reserved, Stradivarius, Rossmann and Pepco. JLL, Linklaters and Deloitte advised Aviva Investors in this transaction.