Closing the Disposal of Park Centers Hungary Portfolio

Revetas Capital Successfully Completes Disposal of Park Center Hungary Portfolio

Budapest, 3 March 2026– Revetas Capital is pleased to announce the successful completion of the disposal of the Park Center Hungary portfolio to Gránit Asset Management, acting on behalf of the Magyar Posta Takarék Real Estate Investment Fund, marking the conclusion of a long‑term value‑creation strategy initiated with the acquisition of the assets through a restructuring process in 2013. The closing follows the signing of the sale and purchase agreement in December 2025 and the receipt of all customary regulatory approvals, including clearance from the Hungarian Competition Authority.

Over more than a decade, Revetas delivered a comprehensive repositioning of the Park Center portfolio – a geographically diverse set of 12 retail assets comprising eight retail parks and four single‑tenant units totaling approximately 45,000 sqm across key regional cities in Hungary.

During the hold period, Revetas implemented targeted capital investment, improved operational performance, strengthened tenant mix, and achieved near‑full occupancy supported by long‑term tenancy and resilient income streams. This hands‑on approach transformed a complex, multi‑asset situation into a stabilized, institutional‑grade portfolio.

Vlad Dragoescu, CEE Head of Portfolio Management at Revetas, added: “This achievement is the result of over two years of relentless effort, strategic thinking, and bold innovation. Navigating a complex senior debt restructuring and pioneering creative deal engineering, our team turned challenges into opportunities. We are deeply grateful for the dedication and expertise that made this full project turnaround possible. With this momentum, we are confident that 2025 will bring even greater milestones for our portfolio.“

The closing followed the successful fulfilment of all customary closing conditions, including receipt of approval from the Hungarian Competition Authority. Securing regulatory clearance was a critical milestone in the transaction process, removing execution risk and enabling full completion in line with the agreed timetable.

Bence Rohr, Principal at Revetas Capital, added: “From restructuring to stabilization and monetization, Park Center Hungary demonstrates our ability to manage complexity and exit with precision. We remained conviction-driven throughout the hold period, actively enhancing income quality and liquidity. Park Center Hungary exemplifies Revetas’ hands-on approach to transforming special situations into institutional-grade investments.”

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About the Park Center Portfolio

The Park Center retail portfolio consists of 12 properties — 8 retail strip malls and 4 single-tenant retail units — with a combined more than 45,000 sqm of GLA, located in major regional cities throughout Hungary: Sopron, Mosonmagyaróvár, Miskolc, Debrecen, Zalaegerszeg, Siófok, Dunaújváros, Nagykanizsa, Marcali, Tolna, Szekszárd and Szentlőrinc. The properties are almost fully leased to a balanced mix of national and international retail tenants. Thanks to their strategic locations and established tenant base, the assets offer a stable, long-term income profile for institutional investors.

About Revetas

Revetas Group is a vertically integrated international institutional investment platform, specializing in value-add, oportunistic, distressed opportunities and special situations.

With offices in New York, Vienna, Luxembourg, and London, Revetas Group serves a global investor base, including institutional investors, pension and endowment funds, investment managers, family offices, and ultra-high-net-worth individuals.

The Group has managed, advised, invested in, and/or developed over €7.9 billion in real estate and is supported by a team of 75+ professionals, bringing deep expertise and hands-on execution to complex real estate investments across Europe and the U.S.

www.revetas.com