Sale of Jantar Shopping Centre by Tristan Capital Partners to CBRE Global Investors
CATEGORY
Investment Deal of the Year, CEE
Tristan Capital Partners is an employee-owned investment management boutique specialising in real estate investment strategies across the UK
and Continental Europe. Tristan’s pan-European real estate funds include core-plus and value-added/opportunistic strategies with total assets
under management of over €7 Billion. Tristan’s headquarters are in London and it has offices in Luxembourg, Milan, Paris, Stockholm, Dusseldorf, Madrid and Warsaw.
Name of the deal
Sale of Jantar Shopping Centre by Tristan Capital Partners to CBRE Global Investors
Value of the transaction (in EUR)
Yield
WND
Consultancy which advised Seller
Cushman & Wakefield, Dentons
Purchaser, plus brief information about the company
CBRE Global Investors is a global real estate investment management firm with $89.0 billion in assets under management* as of December 31, 2015. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
Consultancy which advised Purchaser
Savills
Linklaters
Financing institution
None
Current occupancy level
98%
Please say why this deal should be considered for the award
The transaction is succesful sale of last Polish asset in Tristan's EPISO fund and a proof of succesful investment programme realised by the fund. Jantar has been acquired as a 22,000 sqm centre and consecutively redeveloped into 43,000 sqm regional scheme attracting prime Polish and international retailers. CBRE Global Investors acquired a well establishe and stabilised centre, which ideally fit requirement as a first investment for Nationale Netherlanden account.
