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Two Polish Malls Change Ownership

POZNAN, POLAND-Jantar Shopping Centre sold for $120 million in Slupsk, and Heitman has taken a 75% interest in the 581,000-square-foot Galeria Malta Shopping Center here.

By Robert Carr | Updated on December 26, 2010

POZNAN, POLAND-Two malls have changed hands in Poland recently. A fund from AEW Europe and Tristan Capital Partners has completed the purchase of the Jantar Shopping Centre in a transaction of about $120 million, and a Heitman fund has taken 75% of the Galeria Malta Shopping Center in Poznan.

Mayland Real Estate developed Jantar in 2008, and will continue to provide property management services for the property. The 240,000-square-foot mall is 100% leased now to tenants that include a Real hypermarket, H&M, KappAhl, Deichman, Empik, Smyk and RTV Euro AGD.

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