• Direct from shareholder


  • Held by Fund I


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

Value Creation

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

Property Type

  • 2 retail units with gross leasable area of 543 m2 (5,844 sq ft) plus 2 additional basements

See property website for further details: parkcenters.hu

Key Facts
Location Sopron Várkerület 1 9400 Hungary
Deal type Acquisition and bank restructuring
Closing date Dec 2013
Origination Direct from shareholder
Status Under management