The sale of the real estate of 11 Cash & Carry stores in Poland, Hungary and Czech Republic by METRO PROPERTIES
The total portfolio of 11 established properties comprises 5 MAKRO Cash & Carry stores in Poland (Warsaw, Wroclaw, Krakow and Lublin), 3 METRO Cash & Carry properties in Hungary (Budapest) and 3 MAKRO Cash & Carry markets in Czech Republic (Prague).
The total GLA area of the portfolio is 195,000 m2.
The stores in Poland are best performing stores in the country and are located in Aleje Jerozolimskie and in Ząbki (Warsaw), Kobierzyce (Wrocław), Jasnogórska (Kraków) and Chemiczna (Lublin). The stores in Poland have been successfully trading since 1994 and employ 4,800 employees.
The stores in Hungary are located in Budaörs, Kelet-Pest and Ferencváros in Budapest and are also most prominent stores in the country. They have been trading since 1994 and employ 2,500 employees.
The stores in Czech Republic are in Čestlice, Černý Most and Stodůlky in Prague. They have been trading since 1997 and employ 3,440 employees.
