Rockcastle Global Real Estate has acquired three regional shopping centres in Poland for a total of 522 million euros. Bonarka City Center in Kraków, Focus Mall in Zielona Góra and Focus Mall Piotrków Trybunalski will be added to the South African fund’s portfolio.
According to Rockcastle’s financial report two separate preliminary agreements have already been signed with the sellers. One involves the acquisition of Bonarka City Centre from Trios Dutch Holdings for 361 million euros and the other involves the acquisition of Focus Park Zielona Góra and Focus Mall Piotrków Trybunalski from Aviva Investors for 161 million euros.
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