Newbridge planning more retail park acquisitions

Investor Newbridge, part of the Somerston Group, has announced it plans to acquire more retail parks and local shopping centers in Poland in the near future. However, the company, which is interested in well-located assets that offer extension and re-commercialization opportunities, has not revealed any details of the planned transactions yet. At the moment, Newbridge holds two Polish retail parks in its portfolio, which are located in Włocławek and Namysłów and were completed in 2011 and 2014 respectively.