Fashion House outlet centers have new owner
18:29
Investor Deutsche Asset Management (Deutsche AM) has announced the acquisition of the Fashion House outlet centers in Warsaw, Sosnowiec and Gdańsk from a fund managed by Peakside Capital. The value of the transaction has not been revealed. The three outlet centers comprise a total of more than 50,000 sqm of space and house over 210 tenants. After the acquisition of the Fashion House portfolio, the combined value of the Deutsche AM assets in Poland has increased to €1.65 billion. Cushman & Wakefield represented the buyer in this transaction.
