Mint Investments buys Czech shopping centre

07
Aug
2018
News - Mint Investments buys Czech shopping centre #Avestus Capital Partners #Czech Republic #investment #mall #Mint Investments #retail #shopping

by Property Forum | Investment

In June 2018, Mint Investments successfully completed the acquisition of the shopping centre Breda & Weinstein in Opava from Avestus Capital Partners. The value of the transaction exceeded €60 million. Mint Investments originally developed and later asset managed this shopping centre for Avestus Capital Partners.


Radim Bajgar, Partner at Mint Investments, commented on the acquisition: “We are thrilled to have acquired Breda & Weinstein. We have been with the centre since its original development and we believe in its strong potential due to its dominant position and micro-location in the Opava region. We are convinced that we secured a solid and safe long-term investment for our private investors and ourselves”.
 
Breda & Weinstein is a modern shopping centre with over 25,000 sqm of leasable area, located in the historical centre of Opava, on the footprint of the former Zlatovar brewery. The centre offers a wide and complex range of shops and services with a focus on leisure activities and gastronomy, including a multiplex cinema, large fitness centre, and mini-brewery with a restaurant.



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