PBW II Real Estate Fund has acquired the 40,000 m[sup]2[/sup] Wola Park shopping mall in Warsaw from Canada's Ivanhoe Cambridge for more than EUR 140 mln. The property includes 3,250 m[sup]2[/sup] office space and 4,100 parking spaces. After Galeria Pestka Shopping Centre in Poznan (Poland) and Smichov Gate (Prague), Wola Park is the third acquisition for PBW II fund since the Central Europe fund was established eight months ago by the major European real estate investment manager IXIS AEW Luxembourg.
PBW II Real Estate Fund has acquired the 40,000 m2 Wola Park shopping mall in Warsaw from Canada's Ivanhoe Cambridge for more than EUR 140 mln. The property includes 3,250 m2 office space and 4,100 parking spaces. After Galeria Pestka Shopping Centre in Poznan (Poland) and Smichov Gate (Prague), Wola Park is the third acquisition for PBW II fund since the Central Europe fund was established eight months ago by the major European real estate investment manager IXIS AEW Luxembourg.
CB Richard Ellis advised Ivanhoe Cambridge, a real estate subsidiary of institutional fund manager Canadian Caisse de dépôt et placement du Québec.
