Newbridge acquires third retail park in Poland

Investor Newbridge, part of the Somerston Group, has acquired a 2,700-sqm retail park in Grodzisk Mazowiecki near Warsaw, which is the third asset in the company’s portfolio. The property was completed in 2016 and its main tenants include Piotr & Paweł, Rossmann, CCC and Pepco. DLA Piper and Arcadis advised the investor during the acquisition process. The portfolio of Newbridge also includes retail parks in Włocławek and Namysłów, which were completed in 2011 and 2014 respectively.