Unibail-Rodamco buys out Aupark

In the second major real estate transaction of the year in Slovakia, Unibail-Rodamco has bought out its JV partner in the highly successful Bratislava Aupark for €151m (before the deduction of the debt on the scheme). At the same time, the buyer purchased an adjacent development plot for €3m, land that could be used for the mall’s expansion. In all, the transaction has resulted in €120m in proceeds for HB Reavis. Aupark currently offers 52,300 sqm of retail space.

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