The two largest commercial real estate transactions in Poland so far this year involved prime shopping centres. In the first half, CBRE Global Investors and AXA Real Estate acquired the majority stake in the retail-led Zlote Tarasy mix-use scheme central Warsaw for EUR 475 mln, and in July Germany’s Union Investment snapped up the Manufaktura shopping centre in Lodz for an estimated EUR 350-400 mln.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
