• Off market, direct from bank 


  • Fund I


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

Value creation

  • Active asset management and investment in building and tenant improvements to improve rental income
  • Implement cost savings and allow marketing to attract new international anchor tenants
  • Building improvements include repositioning of escalators, rebalancing of customer circulation flows and improvement of external transparency

Property Type

  • Retail Center

See property website for further details: www.parkcenter.bg/home

Key Facts
Location Sofia, Bulgaria
Deal type Acquisition and bank restructuring
Closing date Q2 2014
Origination Direct from bank
Status Under management