Dentons has advised Shopper Park Plus on the acquisition via its subsidiary Shopping Malls SVK of a Tesco-anchored retail park portfolio in Slovakia from Tesco Stores. Wilsons reportedly advised Tesco.
UniCredit Bank Czech Republic and Slovakia provided financing for the deal.
Shopper Park Plus is an owner and operator of food-anchored retail parks across Central and Eastern Europe. According to Dentons, the acquisition expands SPP’s presence in Slovakia with four retail parks – in Zilina, Nitra, Trnava, and Dunajska Streda – bringing its total portfolio to 22 locations across Hungary, the Czech Republic, and Slovakia, and covers 398,000 square meters of gross leasable area with over 600 tenants.
The Dentons team included Budapest-based Partners Judit Kovari and Edina Schweizer, Senior Associate Janos Csaki, Associate Frantisek Ordody, and Junior Associates Zsofia Tihanyi, Zsuzsanna Larsen, Adam Brecko, and Robert Bernath, Prague-based Partner Monika Kajankova, and Bratislava-based Managing Counsel Martin Mendel, Counsels Peter Panek and Miroslav Kapinaj, Senior Associates Tomas Pavelka, Natalia Hangacova, and Richard Marcincin, Associates Michal Distler, Alen Gondek, and David Stanek, and Junior Associates Norbert Vizvari, Nina Drgalova, Roman Kettner, Kristina Krestankova, and Nikola Salvova.