The Polish Shopping Centre Fund is developing three Focus Park malls in the country and has seven other projects in the pipeline. The EUR 1 bn fund was established in November 2005 by Parkridge CE Retail and Morley Fund Management, which acted on behalf of the three Norwich Union Life Funds. King Sturge London is acting as investment and development consultant. The shopping centres, aimed at both international and domestic tenants, have pre-let levels of about 84%.
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