Apsys has completed the acquisition of 3 Stawy Shopping Centre in Katowice from a fund managed by Union Investment. The retail property offers 38,600 sqm of gross leasable area and recorded an occupancy rate of 97.1% at the end of May 2026. Dentons acted as legal counsel and PwC as financial adviser to Apsys throughout the transaction.
"For 30 years, Apsys has been delivering projects in Poland that combine commercial functions with creating value for cities and their communities. We know this place very well and want to use our experience to further develop the centre and strengthen its position on the local market," said Benoit Charles, CEO of Apsys Polska.
The acquisition forms part of the Apsys Group's strategy of investing in properties with an established market position in areas offering long-term development potential. The area around Alpejska Street is one of the main gateways to Katowice and may become an important part of this district in the future. Apsys Polska will assume property management responsibilities from completion, with the centre continuing to operate in its current format, existing long-term lease agreements remaining in force and Auchan continuing as the main grocery anchor.
The transaction reflects a broader recovery in Poland's retail investment market. In the first half of 2026, investment volume in the Polish commercial real estate market exceeded €3.06 billion, a 78% year-on-year increase and the strongest first-half result since 2018. Retail assets attracted the greatest investor interest, accounting for more than one-third of total transaction volume.
