Magnusson advised Austrian investor and developer IMMOFINANZ Group on commercialization of retail space of Tarasy Zamkowe Shopping Center in Lublin, Poland.
Tarasy Zamkowe encompasses 38,000 sq.m. with place for 150 stores, cafes, restaurants, shopping service and entertainment premises. The costs of IMMOFINANZ Group’s investment amounts to approximately PLN 480 million (USD 130 million). Tarasy Zamkowe was opened on 4 March 2015. Magnusson has advised on negotiations of the lease agreements with tenants.
IMMOFINANZ Group is one of the leading property companies in Europe which activities are focused in the office, retail and logistics asset classes of the core markets in Austria, Germany, the Czech Republic, Poland, Hungary, Romania, Slovakia and Russia.
Magnusson’s team included partner Agnieszka Pytlas-Skwierczyńska and associate Norbert Gawor.