Futureal Investment Partners has announced three real estate investments totalling nearly 70,000m². The company has added two shopping malls and an office building in Poland. The purchase price was not disclosed.
The company has acquired the 30,345m² Galeria Bemowo shopping centre in Warsaw and the 25,570m² Manhattan shopping centre in Gdansk. Both complexes have an excellent location, spacious parking area and 120 shops that has attracted major tenants such as Carrefour. The Wratislavia Tower located in Wroclaw, one of the largest Polish cities, is also part of the acquisitions. Only 300 meters from the city’s main square, the 11-storey glass-walled building offers 12,000m² of office and service space including a cinema, a fitness centre and 140 underground parking spaces.
“All three of our recently announced projects fit perfectly into our investment strategy to deliver high returns. We invest in properties with excellent potentials to reposition them with high expertise that will further increase their value in the market,” commented Karol Pilniewicz, Chief Investment Officer at Futureal Investment Partners.
“We have launched Futureal Investment Partners with the view of becoming the partner of choice for institutional investors seeking value-add and opportunistic real estate exposure. Futureal Investment Partners operates as an independent platform, however, it leverages the collective experience and network of our 500+ people real estate teams and two decades of deal-making and development history,” added Gabor Futo, founder and main shareholder of Futureal Group.
