NEW SIERRA BALMAIN JOINT VENTURE CREATED FOR POLAND AND CEE MARKETS

Sonae Sierra has acquired a 50% stake in Balmain, therefore entering the Polish market and facilitating significant expansion opportunities into other CEE markets for the new JV, Sierra Balmain.

Sierra Balmain will immediately provide a combination of Asset Management, Property Management, and Leasing services throughout the portfolio. The JV will make use of both companies’ track records and growing service capabilities, coupled with a strong local service experience, to be able to keep expanding its service business on all fronts and achieve better results to shape tomorrow’s future in the Polish and other CEE markets.

Find out more Sierra Balmain Press Release