Retail parks targeted by individual investors
Commercial real estate is becoming an increasingly common capital investment target for individual investors. Recently, there have been three transactions on the market, worth more than several tens of millions of zlotys. In each case, Higasa Properties was involved in the sale process.
The first of the sold facilities is Stokrotka, located in Cieplewo (Pomeranian Voivodeship). The shop (650m2), which was opened this summer, completes the retail offer of the town and is located opposite Higasa Park Cieplewo. Both projects are individual ventures of the Tricity-based company Higasa Properties and both are in the hands of individual target investors. Further retail parks sold are located in Silesia: in Gliwice and Zabrze. Higasa was a consultant and broker in this transaction, representing the seller, the Poznań-based Duda Development group.
“The D2 retail parks, built by the Poznań company Duda Development, have been sold to an Austrian individual investor. Tenants include Rossmann, Pepco, Tedi, Aldi and Biedronka. The total area of the property is more than 6,300 GLA. In addition, Michał Radomski was involved in the transaction,” says Michał Ciapka, President of the Management Board of Higasa Group.
Further Higasa retail facilities are already in the implementation phase: construction of Higasa Park Świdnica started a few weeks ago, while projects in Oświęcim and Bełchatów are awaiting building permits. Construction work will start at the beginning of 2024. In Świdnica, tenants will include a Rossmann drugstore and the Extreme fitness chain.Back