ACROSS | The European Retail Real Estate Magazine

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MINT ACQUIRED BREDA & WEINSTEIN SHOPPING CENTER, CZECH REPUBLIC

Image: Mint Investments Group

Mint Investments successfully completed the acquisition of the shopping center Breda & Weinstein from Avestus Capital Partners in June 2018.

The value of the transaction exceeded EUR 60 million. Mint Investments originally developed and later asset managed this shopping center 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 center 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 center with over 25,000 sq m of leasable area, located in the historical center of Opava, on the footprint of former Zlatovar brewery. The center offers a wide and complex range of shops and services with focus on leisure activities and gastronomy, including multiplex cinema, large fitness center, and mini-brewery with a restaurant.

Breda & Weinstein is an architectural award-winning building. It obtained the Building of the Year 2013 award, Honorable recognition in the Grand Prix of Architects, The Prize of the General Public and the Honorable Mention in the Building of the Moravian-Silesian Region as well as, the 3rd place in the Best of Realty.

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