ASB Group provided full tax and financial due diligence and transactional advisory to MY Park - a Czech retail real estate investor, during acquisition of ten retail parks in Poland. The transaction marks MY Park’s first investment in the country and an important step in its expansion across Central Europe.
The retail parks, operating under the A-Centrum brand, were acquired from BHM Group by the Czech investment group Reticulum, of which MY Park is a part. The properties span over 30,000 sqm of gross leasable area, include more than 60 retail units, and are almost fully leased to well-known tenants such as Pepco, CCC, Rossmann, Martes Sport, and KiK. With this acquisition, MY Park strengthens its presence in the region. The company has confirmed plans to continue building its retail portfolio in Poland.
ASB Group’s team, Tomas Novak, Łukasz Bączyk and Paweł Jóźwik, ensured smooth and efficient execution of the financial and tax aspects of the deal, supporting the client throughout the entire transaction process.
We appreciate the trust placed in us by MY Park and congratulate them on the successful transaction. Our thanks also go to the other advisors for their cooperation.
The following may also be of interest:
ASB provided advisory services for acquisition of logistics park in Senec, Slovakia
ASB Group advised during the acquisition of Centrum Černý Most
ASB advised on the acquisition of the NOVA Real Estate portfolio
