Wolf Theiss

Wolf Theiss advises Supernova on the Acquisition of 10 shopping centres in Slovenia

Vienna/Ljubljana, 15 October 2018 – Supernova Invest GmbH acquires ten shopping centres in Slovenia from food retail chain Mercator with a rentable area of around 100,000 square metres. The property developer Supernova relied on the legal advice of Wolf Theiss for this acquisition, including due diligence and contract negotiations. Signing of the transaction took place on 12 October 2018; its deal value amounts to EUR 116.6 million.

Led by Partner Markus Bruckmüller, the following experts from Wolf Theiss Ljubljana were involved in the transaction: Associate Petra Jermol, Associate Neja Nastran, Partner Klara Miletic, Associate Tjasa Lahovnik, Senior Associate Ziga Dolhar and Associate Larisa Primozic.

„We are pleased to have been able to accompany Supernova in this expansion step. Slovenia is an important market both for Supernova and Wolf Theiss. Both companies have been successfully represented in this country for a long period of time,“ Markus Bruckmüller explains.

Supernova has developed and operates more than 30 shopping centres and retail parks in Austria, Slovenia and Croatia. Moreover, the Graz-based company leases large properties to retail chains, among them 30 DIY-Stores.

With a market share of more than 30 %, Mercator is the biggest food retailer in Slovenia. With the proceeds from this sale, the Mercator Group intends to reduce the Group's debt and enable its long-term development.

For more information, see the following link.

 

 

For further information please contact

Barbara Fürchtegott
Barbara
Fürchtegott
Public Relations & Communications Manager
T. +43 1 51510 3808
Schubertring 6
1010 Vienna
Austria

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