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Poland: Galeria Mazovia to be sold



CBRE European Shopping Centre fund receives Ђ21M facility from Deutsche Pfandbriefbank.
The CBRE European Shopping Centre Fund which is advised and managed by CBRE Global Investors has been provided with a medium-term acquisition facility of Ђ21m by pbb Deutsche Pfandbriefbank for its purchase of Galeria Mazovia, a shopping centre in Plock. Pbb is the sole hedge provider and lender for the facility. The transaction was completed during June 2014.
Mozovia-1.jpg

The shopping centre was opened during 2010, with a net leasing area of 28485mІ. Its main tenants are popular retail chains, including Zara, Reserved, Piotr i Pawel and Media Markt.The Head of Real Estate Finance International, UK & CEE at pbb Deutsche Pfandbriefbank, Charles Balch, said that the banking institute is very pleased to have offered support to CBRE Global Investors with their latest acquisition. It is of the opinion that the real estate market in Poland offers good opportunities for asset managers investing in regional centres.


More about shopping malls in Poland



YESTERDAY, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
DAY BEFORE YESTERDAY, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
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