Schoenherr and Deloitte Legal Advise on EUR 100 Million Secondary Public Offering of Shopper Park Plus

Schoenherr, working with White & Case, advised sole global coordinator and bookrunner Erste Group Bank and joint bookrunners Concorde Ertekpapir and WOOD & Company, while Deloitte Legal, together with Huempfner & Associates, advised Shopper Park Plus. The transaction was a secondary public offering of Budapest Stock Exchange-listed Shopper Park Plus, a Hungarian real estate company focused on the ownership and leasing of retail parks. Up to 9.3 million new shares, issued without subscription rights for existing shareholders, were offered to retail and institutional investors in Hungary and to selected institutional investors internationally. The final offer price was set at EUR 10.8 per share through a bookbuilding process, producing gross proceeds in excess of EUR 100 million. The proceeds from the capital increase are intended to finance acquisition projects, primarily in Poland, with potential additional investments in Romania or the Czech Republic. Schoenherr represented clients Erste Group Bank (sole global coordinator and bookrunner), Concorde Ertekpapir and WOOD & Company (joint bookrunners) with a team composed by: Partners Christoph Moser and Gabor Pazsitka, Attorneys at Law Angelika Fischer and Nora Ordody-Nagy, and Associates Daniel Gritsch, Vivien Veres, and Nikolaus Kresse. Deloitte Legal represented client Shopper Park Plus with a team composed by: Hungary-based Managing Partner Peter Gondocz, Partners Linda Al Sallami and Gabor Koka, Managing Associate Zsolt Pinter, Senior Associates Aliz Wulcz, Zoltan Zagyva, Sara Rideg, and Stefania Toth, and Austria-based Head of Banking Regulatory Maurizia Anderle-Hauke and Attorney at Law Patrick Mayrhuber. White & Case acted alongside Schoenherr in advising Erste Group Bank, Concorde Ertekpapir and WOOD & Company. Huempfner & Associates also advised Shopper Park Plus.

Schoenherr and Deloitte Legal Advise on EUR 100 Million Secondary Public Offering of Shopper Park Plus

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads