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NEPI Rockcastle acquires Magnolia Park Shopping Centre in Poland from Union Investment for EUR 373 million

Real Estate

NEPI Rockcastle has acquired the 100,000 sqm Magnolia Park shopping centre in Wroclaw, Poland, from Union Investment in an off-market transaction. The sale price amounts to EUR 373 million. Union Investment acquired Magnolia Park in 2017 for the portfolio of the open-ended real estate fund UniImmo: Europa. “ NEPI Rockcastle has just acquired one of the top retail assets in Poland. Magnolia Park is a dominant shopping centre in Wroclaw the country’s third largest city and one of its richest. The

Tag-uri: Real Estate

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NEPI Rockcastle acquires Magnolia Park Shopping Centre in Poland from Union Investment for EUR 373 million http://www.business-review.eu - 03.10.2024 10:25
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