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Announced

Completed

Pardubice Retail Fund completed the acquisition of Arkády Pankrác from Atrium European Real Estate for €123.8m.

Financials

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Transaction Value£107m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Czechia

shopping centre

Real Estate Holding and Development

Acquisition

Majority

Completed

Cross Border

Single Bidder

Private

Real Estate

Synopsis

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Pardubice Retail Fund, a Czech retail fund, completed the acquisition of Arkády Pankrác, a shopping center in Prague, Czech Republic boasting 38,700 sqm of retail GLA and 1,030 sqm of office GLA, plus parking for 1,100 cars, from Atrium European Real Estate, an owner, operator, redeveloper of community shopping centers and residential for-rent assets in Central Europe, for €123.8m.

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