The competition authorities of Poland, Hungary and Serbia have all granted consent for Optimum Ventures Private Equity Fund’s takeover of a majority shareholding (61.49%) in Globe Trade Centre S.A., a Polish company trading on the Warsaw Stock Exchange and Johannesburg Stock Exchange.
Optimum is owned by Optima, the fund manager of the National Bank of Hungary's foundations and is acquiring the shares from an affiliate of Lone Star Funds, an American private equity firm.
The GTC portfolio comprises commercial buildings (in particular office buildings and retail complexes) and several development projects in Poland and other capital cities in the CEE region (in particular Budapest, Bucharest, Belgrade, Zagreb, and Sofia).
Optimum Ventures Private Equity Fund is an Optima Investment Ltd group entity. Optima Investment Ltd is a Hungarian long-term investor in high–quality, income-generating real estate assets in Hungary and the CEE region. Optima was established in 2015 with the objective to manage funds of the foundations of the National Bank of Hungary.
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