JLL advises Aviva Investors in sale of Focus Mall in Bydgoszcz
The Aviva Investors' fund has finalized the sale transaction of the Focus Mall shopping centre in Bydgoszcz. The scheme was purchased by Atrium European Real Estate Limited for €122 million.
Experts from JLL advised Aviva Investors in this transaction. Agata Sekuła, Head of Retail Investment CEE, JLL, commented: “The sale of Focus Mall shopping centre is the second largest investment transaction completed this year on the Polish retail market. This transaction illustrates that investors are focusing on high quality shopping centres in Poland's best locations, which have a cemented market position and a loyal customer base.”
Focus Mall, offering 44,000 sqm of leasable space on two floors and in historic buildings, is the largest shopping and entertainment centre in Bydgoszcz and the Kuyavian-Pomeranian Voivodeship as a whole. The scheme offers 137 shops and services points as well as a well-developed restaurant and entertainment section.