CBRE Global Investors acquires Galeria Sfera

CBRE Global Investors has purchased Galeria Sfera shopping center in Bielsko-Biała (Śląskie voivodship), a press release read. Galeria Sfera is one of the biggest shopping malls in southern Poland. The center consists of two main malls featuring some 61,878 sqm of GLA with 230 retail units and 2,068 parking spaces. "Sfera is a well-positioned and well-let dominant shopping center in a growing market that has a population of low unemployment and high disposable income per capita," said Florencio Beccar, Head of Retail EMEA, CBRE Global Investors. CBRE Global Investors was advised by Linklaters, Cushman & Wakefield and CBRE Building Consultancy. Helaba provided the financing  of €96 million for the transaction plus a VAT line.