Central and Eastern European retail specialist Atrium European Real Estate has signed a preliminary agreement to buy the Promenada shopping centre in Warsaw, Poland from Aim-listed investor Carpathian. The transaction volume amounts to EUR 169.5 mln, plus EUR 1.5 mln to be paid to Carpathian upon the successful recovery of value added tax. Atrium will finance the acquisition through a mixture of equity and debt.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
