Aviva Investors Polish Retail Fund sells two retail schemes

01
Sep
2016
News - Aviva Investors Polish Retail Fund sells two retail schemes #Aviva #investment #JLL #Poland #retail #Rockcastle

by Ákos Budai | Investment

The Aviva Investors Polish Retail Fund has signed a preliminary sales agreement for Focus Park in Zielona Góra and Focus Mall in Piotrków Trybunalski. The two shopping centres are to be purchased by Rockcastle for around 161 million euros. JLL advised Aviva Investors on the transaction.


Focus Park is the largest shopping and entertainment centre in Zielona Góra boasting an annual footfall of 5.4 million people. The scheme, commissioned for use in 2008, offers 26,800 sqm of GLA. Key tenants include Alma, Bershka, C&A, CCC, Deichmann, Empik, H&M, New Yorker, Reserved, Rossmann, Smyk, Cinema City, KFC or McDonalds. 
 
Focus Mall, completed in 2009, is the largest shopping centre in Piotrków Trybunalski. The scheme with 35,286 sq m GLA houses such tenants as Tesco, CCC, C&A, H&M, Martes Sport, New Yorker, Pepco, Reserved, Rossmann, Smyk, KFC or Helios Cinema. Focus Mall is situated in in the centre of a dense residential area comprising high-rise blocks of flats and is well served by buses. 



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