Silesia City Center is a shopping centre in Katowice, in southern Poland
NEPI Rockcastle plans to acquire Silesia City Center in Katowice, Poland, for €495 million (R9.44 billion), the JSE and Amsterdam-listed owner of shopping centres in central and Eastern Europe said on Friday.
The group, with properties in Romania, Poland, Hungary, Slovakia, Bulgaria, Croatia, Czech Republic and Lithuania, announced on Friday that it had signed an agreement to acquire HELIOS SCC, which owns Silesia City Center, from Allianz Finance VII Luxembourg, which owns 45% of HELIOS, Kamsa Luxco (45%) and Cura Beteiligungsgesellschaft International (10%).
“We are grateful for the confidence NEPI Rockcastle’s investors have placed in our company during the recent equity raise as we continue to deliver on our strategy with the acquisition of Silesia City Center,” said…