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Rockcastle acquires Platan shopping centre in Zabrze, Poland

Platan in Zabrze, Poland

Rockcastle Global Real Estate has acquired the 25,336 sq m Platan shopping centre in the city of Zabrze (Katowice urban area) from TRIUVA for EUR 51.8m.

Platan is a modern and efficient shopping centre comprising 25,336 sq m GLA with a diversified collection of 75 retailers including a hypermarket, a strong fashion & footwear offer as well as a services and food and beverage offer. Tenants include: Auchan hypermarket, Go Sport, RTV Euro AGD, Carry, CCC, LPP Group (Reserved, House, Cropp, Sinsay), Deichmann, Rossmann, Sephora, Centro and Vision Express. The centre boasts nearly 100% occupancy and has been operating since 2003 offering customers a simple layout, attractive tenant mix and an extensive free parking facility. Together with the adjacent retail park it forms a strong retail destination with an annual footfall of almost 4m visitors. The total catchment area defined as the area within a 20-minute drive from Platan encompasses 914,000 people.

Rockcastle was advised in this transaction by Cushman & Wakefield, Weil, Gotshal & Manges and CMT. The seller was represented by JLL, Linklaters and Arcadis.

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