Immofinanz acquisition of WM Group Slovak shopping centre portfolio

24/11/2016
Private acquisition

Completed

24/11/2016


Overview:

  • Immofinanz has acquired six shopping centres in the Slovak Republic from the WM Group.
  • The new acquisitions will form part of the company's STOP SHOP retail portfolio, which will consist of 449,000 square metres of space across seven countries.
  • The centres are located in Bardejov, Michalovce, Prievidza, Roznava, Presov and Bratislava.
  • Immofinanz is a commercial real estate developer with assets valued at €5.4 billion.
  • WM Group is an Austrian real estate developer.

Sam Duke - Editor

Jurisdictions:

Austria
Slovak Republic

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Real estate


Firms:

Party: WM Group (Seller)


Party: WM Group (Seller)


Party: Immofinanz (Acquirer)