News Article investment Poland retail Tarnów
by Property Forum | Investment

Galeria Tarnovia in Tarnów has been bought by a London-based European investment company. The mall has about 17,000 sqm of leasable space (36,500 sqm of total space). The price has not been disclosed. 

Galeria Tarnovia was commissioned in 2009 and offers around 60 shops. The facility was developed by TK Development, which in 2017 announced plans to exit the Polish market. In 2019, Griffin Property Finance II FIZAN became the owner of the mall and Cream became the manager. 

The new investor plans to optimise the facility by increasing commercial space and new retail, service and cultural offer. The asset of the shopping centre is the only cinema complex of the Multikino chain in the region. Cushman & Wakefield team will take care of the commercialization and strategic consulting of the gallery.

"Galeria Tarnovia has a great potential to expand the tenants' portfolio so that the centre can respond even better to the needs of its customers", said Michał Masztakowski, Head of Retail Agency Poland, Cushman & Wakefield.