In line with its European asset strategy, Ceetrus is actively transforming its property portfolio in Poland by focusing investments on its key assets, developing new value-creating projects and pursuing diversification. The disposal of non-strategic assets contributes to the reshaping of the portfolio while releasing capital to support further investments.
Nhood acting as strategic advisor for the transaction and representing the property co-owner Ceetrus, successfully coordinated the sale process of eight retail shopping centres in Poland, owned by Ceetrus and Auchan, to the Adventum fund. Ensuring full transactional support and efficient execution of the entire process in line with the highest standards of the commercial real estate market.
The Nhood team, representing Ceetrus and Auchan, was responsible for leading discussions and negotiations with investors, coordinating the due diligence process and preparing comprehensive operational, technical, financial and legal analysis and documentation. Nhood experts also ensured efficient and professional communication with the buyer’s advisors, enabling a smooth process and timely transaction closing.
A key area of Nhood’s involvement in the sale was the coordination of cooperation between the co-owners of the disposed assets – Ceetrus and Auchan. The process included managing information flows and preparing and delivering key investment materials, including financial data as well as detailed land and asset breakdowns.
“Thanks to our strong understanding of the commercial real estate market and our longstanding cooperation with Ceetrus and Auchan, we were able to structure and carry out the sales process in a way that fully met investor expectations. Effective coordination and the high advisory standards of the Nhood team ensured that the transaction was completed quickly, safely and professionally, in line with good market practices,” said Ada Walentek, Nhood.
The completed transaction is in line with Ceetrus’s global asset management strategy, which aims to transform its property portfolio by prioritising investments in its ‘Coeur Patrimoine’ assets, with high commercial and social value. The disposal of non-strategic assets enables the company to reallocate capital towards projects with the greatest value-creation potential, while supporting its broader diversification strategy.
“This transaction marks an important milestone in the execution of our strategy in Poland. By reallocating capital to our most strategic assets, we are reinforcing our market positioning and unlocking new development opportunities. It also enhances our ability to deliver large-scale projects and to further shape vibrant, sustainable destinations that meet the evolving expectations of our visitors and local communities,” said Raluca Crisan, Portfolio Director, Ceetrus.
The buyer of the eight Auchan shopping centres, located across Poland, is Adventum Penta Fund SCA SICAV RAIF, based in Luxembourg. The fund is part of the Hungarian capital group (Adventum Group), which specialises in investment fund management focused on commercial real estate across Central and Eastern Europe. Funds managed by the Adventum Group currently own more than 700,000 sqm of commercial and office space and operate in Poland, Slovakia, the Czech Republic, Hungary and Romania.
