MBL advised Europa Capital on the acquisition of Retail Park Plovdiv. The 20-million-euro investment deal was closed in Q1 2011 and represents the first retail investment transaction in Bulgaria since 2008.
Retail Park Plovdiv consists of about 25,000 m2 of retail space, anchored by retailers including Baumax, Deichmann and DM. The scheme is located in Plovdiv, Bulgaria's second largest city in terms of population and about 130 km south east of Sofia.
Asen Lisev, Director of MBL, said: "We are delighted to have helped Europa Capital secure their first asset in Bulgaria. The acquired property represents a quality investment with a stable tenant mix".