TUF Real Estate has closed the deal on land purchase for a new project to add to its retail park portfolio.
TUF Real Estate’s new retail park will be located in Golub-Dobrzyń and is expected to be up and running next year. The investor has already taken first steps to start the project. In March this year, TUF Real Estate sold its first project – Chełmiśki Strip Mall. The developer’s second project, Warmiński Strip Mall is underway. It is expected to open late this year.
“The town of Golub-Dobrzyń is yet to have a modern shopping center. Our project will be made up of two buildings with a total leasable area of approx. 3,500 sqm and a parking lot with a capacity of close to 100 vehicles,” says Fabian Eryk Barbarowicz, Managing Partner at TUF Real Estate Polska.
TUF Real Estate was advised on the land purchase for the Golub-Dobrzyń project by act BSWW.
The law firm’s team was led by Michał Wielhorski (Managing Partner). Other team members included Mateusz Prokopiuk (Senior Associate) and Michał Sołtyszewski (Partner).
“It is the latest in a string of projects on which we have had the pleasure to advise our Client. Previously, we assisted the Client in the implementation of a retail park in Chełmno and provided legal support in its sale,” says Michał Wielhorski, Managing Partner at act BSWW.
TUF Real Estate is a well-established real estate company, operating in office and retail real estate market. Its goal is to address the needs of small town communities. The developer’s projects reflect the potential of given location and the purchasing power of its residents, filling the market gap created by the convenience segment.