ING fund takes over Wars-Sawa-Junior

ING Property Fund Central and Eastern Europe (ING PFCEE) will become the sole owner of Wars-Sawa-Junior, a prime high street retail and office property located in Warsaw, Poland. With a €76m investment ING PFCEE, has acquired the remaining 50 percent stake in Wars-Sawa-Junior from its joint venture partner Centrum Development and Investment, Eastbridge Group’s real estate arm.

The property comprises about 29,000 sqm of retail space and 7,000 sqm of office space. Tenants include H&M, C&A, TK Maxx, Reserved, Marks & Spencer, Zara, Empik, Carrefour, Sephora, Esprit, Camaieu, Cropp Town and House.

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