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WARSAW—TH Real Estate, on behalf of TIAA-CREF, has completed the purchase of a 50% interest in Factory Annopol in Warsaw, and Factory Krakow and Futura Park in Krakow, Poland. The latest acquisition in a 50/50 joint venture between TIAA-CREF and Neinver, a Spain-based developer of outlet malls, it marks the asset manager’s first foray into the Polish market. Deal terms were not disclosed.

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