TriGranit finalizes sale of Bonarka mall

TriGranit has finalized the sale of Bonarka City Center shopping mall in Kraków,  but will continue to manage the property for the next two years, the company said. The buyer is Mauritius-based investment fund Rockcastle who had earlier signed an initial deal to take over the 92,000 sqm of GLA in Bonarka City Center with Trios Dutch Holdings for €361 million. The mall was opened in 2009, it is 94 percent leased and its turnover stood at €168 million in 2015.