Czech investment group SCF Group has completed the acquisition of the Jantar shopping centre in Słupsk, Poland, from CBRE Investment Management, marking its seventh retail asset in the country.
The scheme, located in northern Poland, provides approximately 44,000 sqm of leasable space, making it the largest shopping centre in the Central Pomerania region. The transaction further expands SCF’s presence in Poland, alongside its existing retail assets in the Czech Republic and Slovakia.
“We believe that Poland is one of the most attractive real estate markets in Central Europe, which is why we want to expand our activities here. The newly acquired shopping center meets exactly the criteria we look for in real estate—a strong location, a stable tenant mix, and real potential for value growth. It will thus complement our existing portfolio of Polish shopping centers located in prime locations,” said Josef Malíř, CEO and owner of SCF. “I am grateful to the entire team and our partners, without whose expertise and trust the transaction would not have been possible.”
“We greatly appreciate the quality of the entire transaction process. Given the limited number of transactions involving large shopping centers in Poland in recent years, it was a real pleasure for us to work with SCF,” said Karel Zeman, Country Lead CEE at CBRE Investment Management. “Over the nearly ten years that we owned this shopping center, we significantly transformed it, thereby strengthening its position and long-term performance. We are proud that SCF has recognized the results of our work and appreciates the quality of this investment,” added Justyna Pączkowska, who led the transaction on behalf of the seller.
Jantar shopping centre comprises more than 125 stores across two floors and includes a multiplex cinema, food court and leisure facilities. The scheme offers approximately 1,100 parking spaces and is located بالقرب main transport routes connecting Słupsk with Szczecin.
SCF entered the Polish market in 2024 through the acquisition of a six-asset retail portfolio from Cromwell Property Group, in a transaction valued at over CZK 7 billion. The newly acquired asset will be integrated into the SCF Eagle sub-fund, part of SCF Investment Partners SICAV.
Financing for the transaction was provided by Aareal Bank and J&T Banka. Legal advisory was handled by Dentons, while the seller was advised by Cushman & Wakefield and CMS Cameron McKenna Nabarro Olswang.