SHOPPER PARK PLUS Ltd. (SPP), owning a portfolio of 18 retail properties in the Central and Eastern European region, directly and through its subsidiaries, aims to be the largest retail park owner and operator in the region. The Company's current portfolio consists of 4 properties in the Czech Republic and 14 in Hungary with a total gross lettable area of more than 320,000 sq m shared by almost 600 retail units.
The retail units in this real estate portfolio meet basic consumer needs for which demand is predictable in both boom and bust economic environments. This gives significant immunity against the cyclical effects to the company, while providing SPP with a stable dividend paying capacity.
In the longer term, Adventum, with its considerable experience in the region's commercial real estate market, aims to make SPP the largest retail park portfolio owner and operator in the Central and Eastern European region. The group's investment funds own more than 700,000 square metres of office and commercial real estate in the region, with more than €1 billion worth of managed assets.
Headquarters
1015 Batthyany Utca 3. Fsz. 1
Budapest; Budapest;
Postal Code: HU-1015
Contact Details: Purchase the Shopper Park Plus Nyrt. report to view the information.
Website: http://shopperparkplus.hu
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service