It’s Tristan’s second deal on the Polish market so far, following an acquisition of Warsaw Financial Center, closed at the end of last year.
The properties will be added to Tristan’s opportunistic fund EPISO3. “We like the relative strength of the Polish economy, and believe these are good retail assets that will be enhanced through further investment,” said Daniel Harris, MD of Investments at Tristan Capital.
At the same time, Charter Hall Retail announced the deal is a final step towards leaving the Polish market to strengthen its position on its home market in Australia. (source: cijjournal.com)