Making its debut on the Polish market, Encore+ acquired Futura Park retail park in Wrocław from Irus fund. The transaction, brokered by JLL, is worth €27m. Concentrated on Continental Europe, Encore+ is a diversified real estate vehicle managed by LaSalle Investment Management and Aviva Investors.
Gil Bar, a manager of Encore+, said the transaction is a first step for the fund to expand within the Polish market. Located on the outskirts of Wrocław, near city’s airport, the Carrefour-anchored Futura Park offers 20,208 sqm of retail.
