Granit Alapkezelo made the acquisition for the Magyar Posta Takarek real estate investment fund.

The eight strip malls and four single-tenant units have a combined leasable area of 45,000sqm.

Granit Alapkezelo will operate the properties under its Zone Shopping Centre brand.

The transaction, which still requires regulatory clearance, will bring the total leasable area in the fund manager's retail portfolio to more than 142,000sqm.

Background info: 

Park Center refers to a chain of retail parks in Hungary, distinct from larger shopping malls.

These include locations in Debrecen, Dunaújváros, Kiskunhalas, Miskolc, Mosonmagyaróvár, Nagykanizsa, Siófok, Szekszárd, and Zalaegerszeg.

About Gránit Alapkezelő:

Gránit Alapkezelő is a Hungarian asset management firm founded in 2009, formerly known as Diófa Alapkezelő, specializing in funds for institutional and retail clients with a focus on real estate investments.​

Headquartered in Budapest, it manages around HUF 900 billion in assets and offers products like the Gravitas Hungary Real Estate Fund for programs such as the Golden Visa.​

The company was acquired by Gránit Bank in 2023 and employs about 120 people, emphasizing sustainable wealth management.​

More: 
europe-re.com


Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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