Focus Estate buys Galeria Sandomierz
16:26
Euro Real Estate Investment has sold Galeria Sandomierz, a commercial center in South-East Poland, to Focus Estate Fund, Cushman & Wakefield, who represented the buyer, informed.
Galeria Sandomierz is the only modern mall in Sandomierz and its surroundings. The commercial center, which was opened in 2009, offers 4,400 sqm of commercial space and 160 parking spots. The facility is 97.5 percent leased.
"It's our first transaction on the Polish commercial center market... We have ambitious plans, soon we will conclude a few other transactions in Poland and the Czech Republic," said Andriy Kozin, Managing Partner, Focus Estate Fund.