CBRE, the administrator of the former shopping centre Všebořice in Ústí nad Labem, managed to facilitate the sale of the center to a new owner – Tamda Foods. CBRE represented the centre’s previous owner – Bainbridge Czech Republic Ústí nad Labem Holding – in the transaction. The sale price was not made public.
Peter Wojtusiak, Associate Director Investment Properties at CBRE, commented on the transaction: “Selling such a specific shopping centre generally takes a long time. There were several bidders who considered purchasing and utilizing the shopping centre. Opening a casino on the premises was also being considered at one point. We’re delighted about the fact we managed to complete the sale and that Tamda Foods will rejuvenate the centre.”
The Všebořice shopping centre is located 5 km northwest of Ústí nad Labem. It was built in 1999 by Bainbridge and the rental area covers more than 18,000 sq m. The principal tenant of the centre, the British business chain Tesco, closed for economic reasons in 2015. Gradually, other tenants, including Hervis and McDonald’s among others began to disappear, until the building was left completely empty. This led to the decision to offer the Všebořice shopping centre for sale. After negotiations with several interested parties, the premises were successfully sold to Tamda Foods in March of this year.