The refinancing deal, worth EUR 120 million, is being provided jointly by Erste Group Bank AG and Erste Bank Hungary Zrt., each covering 50%.
The Stop Shop portfolio includes 14 retail parks across Hungary, offering nearly 136,000 square meters of leasable space.
Despite recent economic uncertainty, the portfolio has shown resilience thanks to strong occupancy, high footfall, well-known retail tenants, and attractive, diversified locations in Budapest and provincial cities.
With Erste Group focusing on stable, high-quality real estate assets and CPI Europe bringing regional expertise in retail park development, both parties seem happy to continue their partnership, which began in 2019.
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