Bainbridge Portfolio

INFORMATION ABOUT THE TRANSACTION PROJECT/PROJECTS/PORTFOLIO
Aerium, the European real estate fund manager disposed of three shopping centers in Poland to Newbridge in January 2018. Located in Krakow (CH Czyżyny, opened in 2002), Torun (CH Bielawy, opened in 2002) and Lodz (CH Guliwer, opened in 1997) and totaling over 72,000 sqm of GLA each asset is anchored by Carrefour on a long term lease. Originally developed by Carrefour the schemes are 99% occupied and have sales 45% higher than the Polish national per square meter average. Other occupiers include Leroy Merlin, Rossmann, CCC, Deichmann, RTV Euro AGD, Jysk, Pepco, Douglas. Aerium acquired the properties in a pan-European portfolio in 2006 from Carrefour.
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