The Warsaw real estate team led by Paweł Dębowski and supported notably by Maciej Jodkowski is advising Australia-based Charter Hall Retail REIT on the sale of five Polish shopping centers worth €174.5 million to opportunity fund European Property Investors Special Opportunities 3 (EPISO3). EPISO3, which is managed by Tristan Capital Partners, will acquire four shopping centers in southwest Poland (Arena in Gliwice, Borek in Wrocław, Dąbrówka in Katowice and Zakopianka in Cracow) and one in northwest Poland (Turzyn in Szczecin). The aggregate area of all assets in the portfolio is 65,054 m2.

The parties have signed preliminary agreements, and the transaction is scheduled to close in September 2013. The buyer, Tristan Capital Partners, is advised by Allen & Overy.
 
This is the second largest acquisition by Tristan-managed funds in Poland since November, when it closed the €210 million acquisition of the Warsaw Financial Center in a joint venture with Allianz. Advising the seller on that transaction was the Warsaw real estate team of Dentons (operating at that time as Salans) led by Paweł Dębowski, supported notably by Maciej Jodkowski.

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