AB Tewox, an investment company managed by Lords LB Asset Management, has acquired five retail parks in Glowno, Swidnica, Przemysl, Kalisz and Pulawy in Poland. Financial details were not disclosed. The retail parks cover 36,000 metres squared of combined gross leasable area (GLA) and boast almost 100% occupancy with 90 shops. Bank Pekao provided a €40 million loan to AB Tewox to buy the parks. Property management company Colliers will be responsible for the day-to-day running of the retail parks.
Source: propertyeu.info on the 7th of august 2023