• Direct from shareholder


  • Held by Fund I


  • 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

  • 9 ground floor units with gross leasable area of 4,891 m2 (52,646 sq ft) 



See property website for further details: parkcenters.hu

Key Facts
Location Mosonmagyaróvár, Szekeres Richárd u. 19, 9200 Hungary
Deal type Acquisition and bank restructuring
Closing date Dec 2013
Origination Direct from shareholder
Status Under management