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Avison Young delivered TDD in retail portfolio acquisition by Tewox (Lords)
August 8, 2023
Tewox, an investment vehicle managed by Lords LB Asset Management (deriving from Lithuania) finalized the second acquisition in Poland – purchase of 5 retail parks portfolio. 4 facilities host Biedronka grocery store as anchor tenant. Although retail parks shares in the investment volume decreased significantly in H1 2023, we expect that investors’ interest will rebound in H2 and we will witness more transactions of these assets.
Avison Young technical advisory team in Poland had pleasure to provide AB Tewox with technical due diligence services in the transaction.