CMS and Kinstellar Advise on Sale of Revetas Capital’s Park Center Retail Portfolio in Hungary

CMS and Kinstellar participated in the transaction, with CMS representing seller Revetas Capital and Kinstellar advising buyer Granit Asset Management via MPT Real Estate Fund. The transaction involves the sale of Revetas Capital’s Park Center retail portfolio in Hungary to Granit Asset Management. The portfolio comprises eight retail parks and four single-tenant retail assets located in regional cities across Hungary, with a combined gross leasable area of approximately 45,000 square metres. The properties are nearly fully leased and host a mix of international and regional tenants, including C&A, Deichmann, Intersport and McDonald’s. The transaction remains subject to regulatory approval. CMS represented Revetas Capital with a team composed by: Partners Gabor Czike and Szabolcs Szendro, Senior Associate Laszlo Jokay, Associate Viktoria Csanyi, and Lawyer Andras Rezsnyak. Kinstellar represented Granit Asset Management via MPT Real Estate Fund with a team composed by: Counsel Barnabas Sagi and Associates Bertalan Vanya and Anna Szilagyi.

CMS and Kinstellar Advise on Sale of Revetas Capital’s Park Center Retail Portfolio in Hungary

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