by Property Forum
Appeninn Nyrt. has completed the acquisition of a retail portfolio from Polish company Dekada S.A., comprising eleven commercial properties across Poland with a combined leasable area of approximately 53,000 sqm. The portfolio consists of seven retail parks and four shopping centres located in Brodnica, Ciechanów, Grojec, Kraków, Myślenice, Olsztyn, Nowy Targ, Malbork, Sieradz, Skierniewice and Żyrardów. The transaction, valued at over €100 million, was financed through a combination of Appeninn's own funds and debt financing from Austria's Erste Group Bank AG. The exact purchase price has not been disclosed.
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