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.




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