Focus Estate Fund has acquired Atrium Mosty in Poland

Focus Estate Fund has closed the transaction on the acquisition of the Atrium Mosty shopping center in Płock (Poland). The total area of the center (GLA) is 18,000 sqm. It is the fifth investment of the fund into the Polish retail sector. The other four assets are located in such cities as Opole, Sandomierz, Zgorzelec, Bartoszyce.

The seller of the property Atrium Group was represented by JLL, while the buy side was backed by Czabański & Gałuszyński, Gleeds and KKLW.

Atrium Mosty is a modern urbanistic building in the city center with over 50 shops. A great location along with the 660 parking places are indisputable advantages of Atrium Mosty. The stores like Biedronka, Sinsay, House, Media Expert, Pepco, CCC, Martes Sport, Rossmann are among its anchor tenants.

“We follow our strategy of diversifying the investment portfolio by acquiring properties in different geographical parts of Poland as well as by supplementing the format of retail parks with convenience shopping centers with excellent location. Moreover, the available vacancy allows us to reconceptualize the shopping center and transform it into a place of family leisure which will successfully combine not just the shopping needs but entertainment and relaxation. I’d like to also to highlight a very high level of professionalism and dedication of Atrium and JLL teams through the entire acquisition process”, Maxim Shkolnick, Focus Estate Fund General Partner, commented.

Focus Estate Fund – Real estate investment fund focusing on non-prime retail properties in the EU. The Fund’s strategy is to invest in the existing mid-scale commercial properties in the most dynamic European markets.

Atrium Mosty is a modern shopping center in Płock’s city center with the total area (GLA) of the shopping center is 18,000 sqm. The shopping center has more than 50 stores and 660 parking places. Main lessees are such well-known and popular brands as Biedronka, Sinsay, House, Media Expert, Pepco, CCC, Martes Sport, Rossmann, and Xtreme Fitness Gyms.

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