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Atrium Buys Warsaw Centre For €171M

Retail specialist, Atrium European Real Estate, has acquired the Promenada Shopping Centre in Warsaw.

Retail specialist, Atrium European Real Estate, has acquired the Promenada Shopping Centre in Warsaw, PropertyEU reports. Carpathian sold the shopping centre for €171 million.

The real estate company has also agreed to conditionally acquire an adjacent land plot from Pirelli Pekao Real Estate for €10.7 million, which it intends to build as an extension to the Promenada Shopping Centre. Separately, Atrium recently bought a land plot adjacent to the Copernicus shopping centre in Toru for €7.5 million, to carry out an extension of the centre.

Click here for the story from PropertyEU.

Click here for the additional coverage from Property Magazine International.

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