Trios Dutch Holdings - the previous owner of the shopping centre controlled by TriGranit (TPG) which is a unique real estate platform in Central Europe, devoted to develop, acquire, and manage dominant projects that define the landmarks of the region with its world-class portfolio of 2.5 billion euro and more than 1 million sqm of GLA developed in two decades.
Name of the deal
Bonarka Shopping Center acquistion
Value of the transaction (in EUR)
361 million EUR
Yield
5,4%
Consultancy which advised Seller
none
Purchaser, plus brief information about the company
Rockcastle is a dual listed entity with listings on both the Mauritian and South African Stock Exchanges. It was established as a category one Global Business License company, with the primary objective of investing in global real estate assets and companies that have high growth prospects. Its investments comprise global real estate securities and a global portfolio of direct property assets, which are owned and managed by the company including commercial property development projects, existing properties and real estate companies. Rockcastle itself has a current market capitalization of USD 2 billion and its intention is to continue increasing its exposure and asset base in Poland and CEE
Consultancy which advised Purchaser
Savills
Financing institution
none
Current occupancy level
95%
Please say why this deal should be considered for the award
Rockcastle has taken over one of the largest and best shopping centres in Poland. It is very likely to be the largest single property investment transaction in Poland this year.
