TSH Investment takes over Park Center Sofia

13
Feb
2025
News - TSH Investment takes over Park Center Sofia #Bulgaria #Hus Invest #Kinstellar #mall #retail #Revetas Group #SEE #Sofia #Trinity Capital #TSH Investment

by Property Forum | Investment

TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.


This acquisition marks the fourth resale of the landmark property and signifies a new phase in its development. TSH Investment plans to reposition the project in a bid to attract a wider customer base.

Park Center Sofia, which opened in 2006, enjoys a strategic location in the heart of the capital, offering easy access by foot, car, and public transport. The mall boasts 46,000 sqm of built-up area, 22,000 sqm of net leasable area, six levels, 350 parking spaces, and direct access to a park.

The mall will be managed by Trinity Asset Management Ltd., a subsidiary of Trinity Capital AD with expertise in providing property and asset management services. The company already owns and operates the XOPark retail parks chain with four functioning locations and five more expected to open in the upcoming 12-18 months.

Law firm Kinstellar represented TSH Investment in the acquisition. According to analysts, the sale ranks among the most significant investment transactions in the Bulgarian retail sector for 2025.




Latest news


New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - BNP Paribas Real Estate Poland names new CEO
19
Jun
2026

BNP Paribas Real Estate Poland names new CEO

by Property Forum
BNP Paribas Real Estate Poland has appointed Małgorzata Fibakiewicz as CEO.
Read more >
News - Europe's next growth corridor is emerging in the East
19
Jun
2026

Europe's next growth corridor is emerging in the East

by Property Forum
For decades, investment activity in Central and Eastern Europe has been concentrated around a handful of established markets and capital cities. Yet some of the most significant economic shifts taking place today are happening further east, along a corridor connecting Romania, Moldova and Ukraine.
Read more >
News - Luxent Fund buys two Prague apartment buildings
18
Jun
2026

Luxent Fund buys two Prague apartment buildings

by Property Forum
The qualified investors' fund Luxent Fund SICAV, with its real estate subfund, has purchased two apartment buildings in Prague 2 – Nové Město. The fund recently also acquired an apartment unit in Prague 4 – Hodkovičky and is in talks over further opportunities, including in Prague 1 and 5, Praha-východ, Kolín and Hradec Králové.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy