Union Investment has acquired the Ferio Konin shopping center from Rockspring Property Investment Managers. The value of the transaction was not disclosed. Cushman & Wakefield and Dentons advised the seller, while JLL and Hogan Lovells represented Union Investment.
Delivered in 2008, the center was expanded in 2014 by an additional 2,500 sqm to bring it to its current size of 35,585 sqm of space in 74 units. Located 5 km from the center of Konin, the property is expected to obtain a BREEAM certificate.
“Ferio Konin is a prime retail asset and regional leader, well-positioned to ensure future growth and sustainable income. This sale sets a new benchmark for the Polish investment market in regional cities,” said Anthony Selman, Partner, CE Capital Markets at Cushman & Wakefield.
