Thursday July 9, 2020

AIB property fund invests €90 million in Poland

AIB’s Polonia Property Fund II is to acquire two designer outlet centres in Poland at an estimated cost of €90 million.

16th February, 2008

AIB’s Polonia Property Fund II is to acquire two designer outlet centres in Poland at an estimated cost of €90 million.

The deal is for outlets run by The Fashion House group in the cities of Sosnowiec and Gdansk and the selling price includes the forward purchase of additional phases of the schemes. The new phases are due for completion within the next 18 months.

‘‘We are delighted to complete this strategic investment on...

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