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Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Deals

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and operated by Spar since their delivery in 1999, according to a press release sent to the Budapest Business Journal.

Interspar Zalaegerszeg offers a GLA of some 9,000 sqm and went through a major refurbishment and upgrade in 2016.

Interspar Nyíreghaza offers a GLA of 8,700 sqm and was fully upgraded in 2018 with a major refurbishment and regearing of the lease. The portfolio offers a weighted average lease term of some 10 years.

Unione Group has established a significant presence in the real estate market since 1998. The investment group is recognized for its involvement in several award-winning real estate development projects.

This acquisition has increased the total number of strip-mall assets in the Unione network to six.

Avison Young was instructed by the seller while the buyer was advised by iO Partners.

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