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| Karolinka |
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| Location |
Opole, Poland |
| Date acquired |
Acquired by MGPA Europe Fund III in December 2009 |
| Investment type |
Retail |
| Description |
Karolinka is a 70,000 sqm regional shopping centre, located on the western outskirts of Opole (126,000 citizens), a growing residential district, approximately 5 minutes drive time from the city centre. It lies 150 km west of Krakow and 90km south-east of Wroclaw (700,000 inhabitants). |
| Investment strategy |
Acquire a newly developed shopping centre with strong dominance in local catchment area. Improve tenant mix by introducing quality international tenants and enhance retail offer. Benefit from natural growth and expanding catchment areas. Capitalize on rental growth. |
| Contact |
Karol Bartos
Warsaw, Poland |
| website |
www.ch-karolinka.pl |
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