Rockcastle Global Real Estate to spend €750 mln in Poland

Opole-based shopping center Solaris was bought for €52 million by Rockcastle Global Real Estate (RGRE), Puls Biznesu daily reported. The South African fund is planning on investing €750 million in Poland. RGRE is going to pursue its development business and to acquire more real estate in Poland, the investments are to be valued at €750 million, according to the daily. The fund has been actively operating in Africa, North America, Asia and Western Europe. Its portfolio amounts to $1.9 billion.