Rockcastle buys two malls in Poland for €220.8 mln

South Africa listed Rockcastle Global Real Estate, has signed an agreement to purchase two shopping malls in Poland’s Silesia region from giant US manager Blackrock for €220.8 million, webportal pie-mag.com said. "Over the year, we have made considerable progress in executing our strategy of taking over retail assets in Poland. Apart from the acquisition of Centrum Solaris in Opole for €52 million and a mall in Tomaszów Mazowiecki, we have made three other investments in Poland," said Spiro Noussis, the CEO of Rockcastle. Beside the takeovers in Silesia, the company is constructing Fabryka Wołomin in Wołomin.