SES Spar European Shopping Centres is the market leader for large-scale shopping malls in Austria and Slovenia and is now strengthening its position on the Slovenian market.
The contract for the purchase of the ARKADIA retail park in Domžale, north-east of the capital Ljubljana, was signed on Wednesday, 11 June 2025. Subject to approval by the competition authority, this transaction will enable SES – as the property developer and operator – to acquire a well-established regional convenience store location hosting 19 shops and numerous strong brands.
The seller of the property, Generali Adriatic Value Fund I, is managed by Generali Investments Slovenija. The retail park opened in 2016 and offers 11,000sq m of GLA. This new addition expands SES’s international portfolio to 32 locations, which includes six large-scale shopping destinations in Slovenia. The contractual parties have agreed not to disclose the purchase price.
Marcus Wild, SPAR Management Board member and Chairman of the Supervisory Board of SES said: “SES is specialised in retail property, facilitating utilisation of meaningful synergies within the SPAR Group across all countries and enabling us to continue strengthening locations. SPAR and Hervis are already present in the ARKADIA retail park, so this is an excellent example of how we work.”
Christoph Andexlinger, CEO SES Spar European Shopping Centres commented: “Our current portfolio consists of five large-scale shopping centres in Slovenia and has now been complemented with the acquisition of ARKADIA, an excellent retail location with great potential. After the purchase of IL GRIFONE in Bassano del Grappe (Italy), the acquisition of ARKADIA is a further continuation of the expansion process.”
