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Bemowo Shopping Center in Warsaw. Credit: Futureal

Futureal buys Galeria Bemowo shopping center in Warsaw

Futureal Investment Partners has acquired the Galeria Bemowo shopping centrr in Warsaw. The acquisition is the company’s third, following the Manhattan Shopping Center in Gdansk and Wratislavia Tower in Wroclaw.

Galeria Bemowo is a 30,345 sq m center that opened in 1999 on Powstańcow Śląskich on the fringe of the Bemowo and Bielany districts. It has 120 shops and 944 parking spaces, anchored by a Carrefour hypermarket, Rossmann and RTV Euro AGD.

Karol Pilniewicz, who heads Futureal Investment Partners, said: “Bemowo is in a very good location, serving as a key connection between the two parts of Warsaw. Like the Manhattan center in Gdansk, the asset needs repositioning, which is in line with our strategy.”

Futureal Investment Partners was advised by Dentons, Deloitte, JLL and Avison Young. The asset management of both shopping centers will be done in-house by Katarzyna Socha, Senior Asset Manager at Futureal Investment Partners.