Dawnay Day buys 90 pct in Czech Republic shopping centre worth 37 mln eur

Retail commercial property investment company Dawnay, Day Carpathian PLC said it has completed its third transaction, the purchase of a 90 pct interest in the Varyada Shopping Centre in the Czech Republic.

The Varyada Shopping Centre is valued at around 37 mln eur.

The purchase follows a recent acquisition of four shopping centres for 64.5 mln eur in Poland, and the Antana Warehouse Park in Hungary for 21.0 mln eur.

The Varyada Shopping Centre is located close to the centre of spa resort Karlovy Vary, with a total lettable area of approximately 18,200m2. The main tenants are the supermarket Interspar, Marks and Spencers and brands such as Tommy Hilfiger, Pierre Cardin, Benetton, New Yorker, NafNaf and Helly Hansen.

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