Transactions - MARCH 29, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

CBRE Global Investors sells retail portfolio in CEE for €650m

by Andrea Waitrovich

CBRE Global Investors has sold a portfolio of 11 mainly shopping center assets located in Czech Republic, Poland, Romania and Hungary. The portfolio has been sold to CPI Property Group for approximately €650 million ($699 million).

The portfolio has approximately 2.8 million square feet of leasable area, and the assets include:

Multifunctional complex Zlaty Andel in Prague

Olympia Plzen Shopping Center in the Czech Republic

Nisa Liberec Shopping Center in the Czech Republic

Ogrody Shopping Centre in Poland

Andrassy Complex in Budapest

Felicia Shopping Center in Romania

Polus Shopping Center in Hungary

Campona Shopping Center in Hungary

Two Interspar stores in Hungary


The assets are from CBRE Global Investors’ Property Fund Central Europe and Property Fund Central Eastern Europe.

Retail property investment in central and eastern Europe has been active in the past year.

In the

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy