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EUR 81 mln for Galeria Bałtycka

Aneta Cichla 14 November 2017

Aneta Cichla

Deputy editor in chief, journalist

+48 22 356 25 15

Aneta is passionate about the retail real estate market and everything associated with it. She has worked in the editorial department of ‘Eurobuild CEE’ for seven years. Prior to this she was employed as a journalist for the Retailnet.pl portal and for Shopping Center Poland magazine. In her free time she enjoys reading books, walking the dog and working out at the gym. She also loves watching martial arts fights.

EUR 81 mln for Galeria Bałtycka
Galeria Bałtycka first opened in 2007
POLAND The Deutsche Hypothekenbank is to refinance the Galeria Bałtycka shopping centre in Gdańsk with a loan of nearly EUR 81 mln.

“With this attractive financing deal we are pleased to be able to extend our real estate portfolio in our target market of Poland. Gdańsk is one of the largest retail markets in Poland and Galeria Bałtycka has been generating above-average results with its large catchment area and a very good tenant-mix,” explains Sabine Barthauer, a board member of Deutsche Hypo. The shopping centre was opened in 2007 and is part of the Deutsche EuroStore portfolio. It has three floors of retail with around 200 stores and two floors of parking facilities for over 1,000 vehicles. The centre is managed by ECE Projektmanagement.

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