Hypo Real Estate Bank International AG, a member of the Hypo Real Estate Group, announces today that it has provided a 57.7 million acquisition facility for Dawnay, Day Carpathian PLC for the acquisition of a portfolio of 4 properties in the Czech Republic and Hungary. The transaction closed on 3rd October 2007.
The portfolio consists of two properties in the Czech Republic; a 22,000 m² shopping centre in Hradec Králové and a 7,700 m² supermarket in Znojmo, and two properties in Hungary; a 10,000 m² retail park in Ózd and a 9,000 m² supermarket in Gyula. The properties are predominantly let to major international brand retailers.
Commenting, Harin Thaker, CEO-Europe, Middle East & India - Hypo Real Estate Bank International, said: "We are delighted to work again
with Dawnay, Day Carpathian PLC to provide a multi region facility that supports their activities in Central and Eastern Europe".
Source: Hypo Real Estate Bank International