Europa Capital enters Bulgaria with acquisition of Retail Park Plovdiv (BG)

Europa Capital LLP, the general partner of Europa Emerging Europe Fund, is pleased to announce it has entered into an agreement to acquire Retail Park Plovdiv, Plovdiv, Bulgaria, from Landmark Property Management.


The transaction volume for the investment is €20 million.

Retail Park Plovdiv is a 25,000-m² retail warehouse park located in Plovdiv, the second largest city in Bulgaria approximately 150 km southeast of Sofia. The property has a quality tenant mix including Baumax, Deichman Shoes, DM pharmacy, Technomarket electronics and Sport Depot.

This investment represents the first asset to be acquired by Europa Capital in Bulgaria. The transaction volume for the investment is €20 million.

The asset will be managed by Alfa Property Management.

Tim Norman, Chairman of the Europa Emerging Europe Fund, said: "We are delighted to have secured our first asset in Bulgaria, which represents a quality investment with a strong tenant roster."

Source: Finsbury PR

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