Launch of the new food court at Silesia City Center
ECE and Allianz have opened the new, comprehensively modernized food court of the shopping center […]
allianz
SCC sale named the largest transaction in 2013
The volume of transactions concluded on the Polish commercial real estate market in 2013 reached over EUR 3,4 billion. The largest 2013 transaction across all commercial real estate market segments was the sale of Silesia City Center (SCC).
According to Jones Lang LaSalle, the volume of transactions concluded on the Polish …
Jones Lang LaSalle advised on Silesia City Center deal
The international consortium of investors led by Allianz has acquired from Immofinanz Group the Silesia City Center – the fifth biggest shopping center in Poland. The acquisition, worth €412 million, is the largest transaction on the Central Eastern European market this year. Jones Lang LaSalle advised Allianz on the acquisition process.
The information …
Chinese capital behind Silesia City Center acquisition
Last Friday, Immofinanz Group informed the company had officially closed the Silesia City Center deal with the Allianz–led consortium. Cushman & Wakefield revealed recently that the sale had also involved Asian partners. According to the PIE magazine, the partner is identified as the Bank of China.
Immofinanz sold the mall for EUR 412 million and said the transaction price …
Immofinanz closes Silesia sale
Immofinanz Group closed the sale of Silesia City Center for EUR 412 million to an international consortium of investors led by Allianz with the involvement of Asian partners. The sale price exceeded the book value, as it had been previously reported.
„Cycle-optimised sales like the Silesia City Center generate the liquidity for investments in new properties and again confirm our valuation approach in Eastern Europe.