Capital Park Group acquired two convenience retail schemes for its Capital Park Real Estate Income Assets FIZ AN dividend fund. Located in Warsaw’s Ursynów district, the two projects are anchored by the Polish hypermarket Piotr i Paweł, which signed 10-year leases on 320,000 sqm of space.
Totaling 450,000 sqm of space, the schemes are currently under construction. Located on Pileckiego street, the first of the two centers is due for completion in the second half of 2015. The second one is expected to be completed in 2016.
