CBRE buys mall in Płock
22:34
CBRE Global Investors announced its acquisition of the Galeria Mazovia shopping center in Płock from a private investor. The value of the transaction was not disclosed.
Opened in 2010, Galeria Mazovia features 28,485 sqm of GLA, which makes it the largest modern shopping and entertainment center in Płock. The center offers over 120 retail units and 670 parking places. Anchor tenants include: Media Markt, Piotr i Paweł, Zara, H&M, Reserved and Go Sport.
“The acquisition of Galeria Mazovia indicates growing investment activities in the retail sector in medium size cities. The property is a prime product being a well-established and dominant shopping centre in one of the most affluent cities in Poland,” said Piotr Kaszyński, partner, head of Capital Markets, Cushman & Wakefield in Poland.
Cushman & Wakefield and Crido Legal law firm represented the seller in the transaction. Savills, Linklaters, EC Harris Arcadis and Environ represented the buyer.
