Dawnay Day Europe confirmed that this would be the first of many purchases to be made on behalf of their in-house clients in Central & Eastern Europe.
Jones Lang LaSalle initially provided valuation and retail market advice to Dawnay Day Europe and their clients. The Hungarian Retail Team has subsequently been instructed to lease the vacant units within the centres while assisting the owners to restructure and re-position the existing shopping malls to attract new international and strong national tenants into the centres.