Stage Capital sold Galeria Nad Jeziorem, a large shopping centre of around 21,000 sqm, to Saller Group. Avison Young’s investment team represented the seller as the exclusive sales agent, with Wolf Theiss as legal advisor.
Galeria Nad Jeziorem, opened in 2002 and expanded in 2018, has a well-established position on the local market. Carrefour anchors it and provides customers with access to a range of popular Polish and international brands, including Bricomarché, Martes Sport, Sinsay, Rossmann, Pepco, CCC, and Euro RTV AGD. It also has a large Helios cinema, which enriches this retail location with an attractive entertainment offering. The property has recently been managed by Balmain Group, providing expertise to Stage Capital in asset management, property management, technical and leasing services.
“We acquired Galeria Nad Jeziorem with the intention to execute a clear business plan, particularly improving the tenant mix. We were pleased to successfully do this, including renewing a revised format Carrefour, introducing popular tenants such as Sinsay and developing plans to extend the scheme, all to the benefit of the local community,” comments James Huckle, Partner at Stage Capital. “In 2024, Galeria Nad Jeziorem welcomed 2.8 million customers, and has experienced stable footfall growth in recent years. We are confident that we are passing on a well-maintained shopping centre, having made significant efforts in its development, to the new owner.”
“Galeria Nad Jeziorem is a well-performing shopping centre dominant in its neighbourhood,” comments Michał Ćwikliński, Regional Manager for the EMEA Region at Avison Young. “It is fully leased to renowned tenants, ensures consistent footfall and stable revenues, but most importantly, creates a vibrant shopping destination for the inhabitants of Konin. This transaction demonstrates that there is a strong market interest in acquiring well-performing retail assets, as long as they create an attractive shopping place for the local community.”
