Find in the news:
BY COUNTRY

The AFI Palác in the Czech Republic Sold for €83 Million



The AFI Palác shopping center in Pardubice has changed hands in a deal worth €83 million ($103 million). The purchasing party is Atrium European Real Estate Limited.

Atrium is a firm that owns, develops and operates retail real estate and shopping malls across the Central and Eastern regions of Europe. They stated that they financed the deal with existing cash resources. The seller is AFI Europe N.V.

A previous deal between the same two companies in 2011 saw Atrium buy the Palác Flora development off AFI Europe.

The company advising Atrium on the deal was Cushman & Wakefield. The firm’s Alexander Rafajlovic pointed out in a press release that the purchase represented the “positive shift in investor sentiment” in relation to established malls in the regional cities of Central Europe.

Following this purchase, property in the Czech Republic now makes up more than 19% of the Atrium income producing portfolio, in terms of market value. 77% of their developments are in countries which have a sovereign rating of at least A-.

Open Since 2008

The AFI Palác Pardubice shopping complex was opened in 2008. It contains 20,900m2 of retail gross leasing area which are spread across four levels. The bottom two floors are given over entirely to retail units, while a Cinema City and a conference center make up one of the other floors. There are spaces for over 500 cars in the center as well.

There is currently a 96.4% occupancy rate and some of the big name tenants include Intersport, New Yorker, H&M, Sephora and Lindex.

The city of Pardubice is the capital of the region and currently the 10th biggest in the country. It has a population of 90,000 but the shopping center has a catchment area of over 200,000. The AFI Palác is the only modern shopping center in the region and is conveniently located close to the bus station and the train station, as well as being at the intersection of 4 important roads. 

More about shopping malls in Czech Republic



YESTERDAY, Turkey:
Apple Store employees advise customers to wait for new price increases, after which sales of equipment will resume in full.
DAY BEFORE YESTERDAY, USA:
The parade will feature both iconic figures from years past and six brand new balloons.
DAY BEFORE YESTERDAY, USA:
Gap posted a net loss of $152 million for the third fiscal quarter of 2021.
DAY BEFORE YESTERDAY, USA:
Pharmacy chains Walmart, CVS and Walgreens, engaged in the uncontrolled distribution of opioid analgesics in gigantic amounts.
Nov 24, 2021, Germany:
The first Adidas Terrex flagship in Europe preaches sustainability by focusing on outdoor clothing and footwear.
Nov 24, 2021, India:
Health, sports, and sustainable development will play a vital role in the project's conception.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us