Origination

• Direct from shareholder

Ownership

• Held by Fund I

Role

• Acquired 100% shareholding as part of an agreed restructuring agreement with bank

Value Creation

• Generated cash flow used to de-lever assets
• Improvement of locally managed assets to stabilise rental income and confirm lease renewals
• Investments in tenant improvements and marketing attract new tenants
• Transform to institutional grade investment

Property Type

• 7 retail warehouse units with gross leasable area of 5,580 m2 (60,062 sq ft)
   
   

See property website for further details: parkcenters.hu