The destination has finalised a €270M refinancing and top-up financing facility, with the transaction standing as one of the largest real estate financing operations ever recorded in Slovakia.
The capital was provided by a consortium of five leading financial institutions. UniCredit Bank Czech Republic and Slovakia acted as the primary arranger, coordinator and agent. The syndicate also included Tatra banka, Československá obchodná banka (ČSOB), ING Bank and Všeobecná úverová banka (VÚB).
This facility serves a dual purpose: it refinances existing debt originally utilised by Wood & Company and Tatra Asset Management to acquire a majority stake in the asset, while simultaneously providing additional “top-up” capital to bolster the centre’s financial position.
Located in Bratislava’s Petržalka district, Aupark is a premier retail destination with a leasable area exceeding 69,000sq m. The centre hosts over 200 international and local brands, serving a primary trade area of approximately 1.2 million people. Its market position is further strengthened by a high concentration of affluent consumers within its catchment zone. The legal architecture of the deal was managed by Kinstellar.
