Centerscape Investments has acquired the final retail park in the Fairway portfolio from Hunter REIM, after closing the deal for a retail park in Torun, Poland.
Financial details were not disclosed.
Two other retail parks from the Fairway portfolio, located in Inowroclaw and Warsaw, were acquired by Centerscape in December 2021. These comprised 4,550 m2 of lettable space, with Netto as the grocery anchor.
The last property in the portfolio, in Torun, has 1,424 m2 and is also anchored by Netto.
Avison Young represented the seller in the transaction.
Artur Czuba, associate director at Avison Young, said: 'The transacted properties are all attractively located retail parks with a strong anchor tenant - a grocery operator.
'This type of investment product is currently one of the most sought-after on the market, evolving dynamically since 2020.
'Developers compete in securing land for new investments, therefore acquiring already existing assets is also a very good strategy, ensuring the purchase of property in good locations, with an established position among local communities.'
