Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5 per cent yield.
The company is evaluating a potential cash capital increase, contingent on market conditions, to support its planned expansion across the CEE region, with Poland and Romania being potential targets.
SPP is also looking into the possibility of a dual listing on another CEE stock exchange, in a bid to solidify its position in the food-anchored retail park sector. Its vision focuses on developing high-quality, energy-efficient Shopland-branded retail parks.
At present, SPP’s portfolio comprises four properties in the Czech Republic, four in Slovakia and 14 in Hungary, totalling over 398,000sq m of leasable area across nearly 600 retail units.
