News Article Avison Young Hungary Interspar iO Partners Nyíreghaza retail Unione Group Zalaegerszeg
by Property Forum | Retail

Real estate investor Unione Group has purchased two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and operated by SPAR since their delivery in 1999

Interspar Zalaegerszeg has a leasable area of around 9,000 sqm and went through a major upgrade in 2016. Meanwhile, Interspar Nyíreghaza offers a leasable area of 8,700 sqm and was fully upgraded in 2018. The portfolio offers a weighted average lease term of 10 years.

This acquisition has increased to six the total number of strip-mall assets in the Unione network.

iO Partners advised Unione Group on the acquisition, while the seller was advised by Avison Young.