News Article Deutsche EuroShop Deutsche Hypo ECE financing Gdansk mall Poland retail shopping
by Property Forum | Retail

Deutsche Hypothekenbank is financing the Galeria Baltycka shopping centre in Gdansk for real estate company Shopping-Center Galeria Baltycka GmbH und Co. KG sp.K. The financing volume amounts to almost €81 million, of which 50% will remain with Deutsche Hypo on a long-term basis.

The shopping complex from the portfolio of Deutsche EuroShop AG opened in 2007 and covers five floors, with two floors serving as a car park with around 1,000 parking spaces. The centre boasts about 200 shops and an attractive mixture of sectors and tenants comprising international and national retailers. Thanks to its central location at a traffic hub in Gdansk, Galeria Baltycka, managed by ECE, is highly visible and easy to reach with public transportation.

Photo: Deutsche EuroShop AG