News Article asset management Balmain Asset Management BSC Real Estate Advisors Heitman investment Neinver Poland Poznan property management retail
by Property Forum | Investment

Poznań’s Galeria Malta, under a JV co-owned by Heitman and Neinver, has been sold to an unnamed new investor. At the same time, Balmain Asset Management and BSC Real Estate Advisors have been designated respectively as the new asset manager and property manager of the shopping centre, replacing Neinver.


Galeria Malta is one of the largest shopping and entertainment centres in Poland. It brings together 160 stores and service points of many local and global brands from the mid-mass market and premium segment on 54,000 sqm of retail and leisure space.
 
The centre, opened in 2009, was developed and operated from the start by Neinver. The company, which currently manages 16 European outlet centres totalling 319,300 sqm GLA and has set targets of doubling the current GLA of its pipeline, is strategically focusing its business in the outlet sector in Poland.
 
“We are consistently working on the development of FACTORY centres in Poland in all the important areas. We’re modernizing interiors, introducing new brands to the portfolio and expanding the package of additional services to maintain the best possible standards,” says Bożena Gierszewska-Mroziewicz, Country Head Neinver in Poland. “We also closely observing the market, but not excluding new business ventures,” she adds.
 
The new owner of Galeria Malta has appointed Balmain Asset Management as asset manager and BSC Real Estate Advisors to provide property management, project management, marketing and leasing services.