ZDR Investments has strengthened its position in the Slovak market with the acquisition of a retail park in Topolcany. The purchase grew the Group’s portfolio to 64 properties with a total value of more than €516m.
A wide range of tenants operates their retail units in the Topolcany retail park with a leasable area of almost 9,000m². Among the largest of them are the grocery chain Billa and the Danish chain JYSK. They are complemented by INTERSPORT, PLANEO Elektro, GATE, dm drogerie, Pepco and KiK discount stores, and others.
Tomas Hozlar, Director of Acquisitions at ZDR Group, commented on the purchase: “This acquisition strengthens our position in the region and adds another attractive, high-value property to our portfolio. In addition, we are already experiencing increased tenant demand for additional retail units, and we are beginning discussions on the possibility of expanding the retail park with a new, follow-on phase.”
