Stary Browar mall sold for 290 mln euro

The ex-wife of late tycoon Jan Kulczyk, Grażyny Kulczyk has sold Stary Browar mall in Poznań to Deutsche Asset & Wealth Management (Deutsche AWM) for €290 million. Stary Browar is a center of commerce and art, built in November 2003, located in Poznań. The mall is a combination of retail space and an art gallery. The total area of the center is approximately 130,000 sqm. Stary Browar is home to around 210 stores and restaurants. "Despite the change of owner, we will continue to work according to standards we have learned here. There will be no staff changes and no changes to the character of operations," Barbara Banat, PR Coordinator, told the Polish Press Agency (PAP).