ING Real Estate Investment Management has acquired the Piast Shopping Centre in Szczecin, Poland for nearly EUR 41 mln. The mall is located in Pomorzany, one of the biggest housing districts of Szczecin.
ING Real Estate Investment Management has acquired the Piast Shopping Centre in Szczecin, Poland for nearly EUR 41 mln. The mall is located in Pomorzany, one of the biggest housing districts of Szczecin.
The two-building retail scheme with about 28 000 m2 of rentable area is anchored by a Carrefour hypermarket, Media Markt, Deichamnn, CCC, Marriannaud and Komfort. There is also a Carrefour-branded petrol station.
The centre was opened in 2000 and currently is 100% leased. ING said the estimated footfall in 2006 is around 5.5 million visitors.
Piast Shopping Centre will be contributed to the portfolio of ING Insurance.
