Focus Estate Fund has closed the transaction on the acquisition of the Atrium Mosty shopping center in Płock, Poland. The total area of the center (GLA) is 18,000m². It is the fifth investment of the fund into the Polish retail sector. The other four assets are located in such cities as Opole, Sandomierz, Zgorzelec, Bartoszyce. The seller of the property is Atrium Group.
Atrium Mosty is a modern urbanistic building in the city center with over 50 shops. A great location along with the 660 parking places are indisputable advantages of Atrium Mosty. The stores like Biedronka, Sinsay, House, Media Expert, Pepco, CCC, Martes Sport, Rossmann are among its anchor tenants.
“We follow our strategy of diversifying the investment portfolio by acquiring properties in different geographical parts of Poland as well as by supplementing the format of retail parks with convenience shopping centers with excellent location. Moreover, the available vacancy allows us to reconceptualize the shopping center and transform it into a place of family leisure which will successfully combine not just the shopping needs but entertainment and relaxation. I'd like to also to highlight a very high level of professionalism and dedication of Atrium and JLL teams through the entire acquisition process”, said Maxim Shkolnick, Focus Estate Fund General Partner.
