Following the Group’s policy of working side by side with its tenants to create mutually beneficial long-term relationships, Zeritis Group recently signed a 10-year lease contract for its retail property facing Dózsa György út, just off the M0 ring road, with XXXL Shopping Center. XXXL Shopping Center is a chain of retail outlets engaging in the sale of clothing and other equipment.
Konstantinos Karagiannis, CFO at Zeritis Group, commented: “The deal marks the long position that Zeritis Group has taken towards Hungary macro and real estate wise. The real estate market in the country has seen lately some impressive yields and more is yet to come.”
SmartLegal Schmidt & Partners acted as the legal advisor on the deal for Zeritis Group.
Athens, Greece, August 3rd, 2021 – Zeritis Group announces the closing of the divestment of 100% of Budafok Recycling Zrt. The sale comes as part of Zeritis Group’s strategy to divert its focus from controlling stakes in capital-intensive manufacturing sectors to diversified investments across disciplines and asset classes. Simultaneously with the divestment, Zeritis Group has […]
Zeritis Group announces the lease of 700 m2 at the Zeritis Business Park | Szentendre, an industrial and logistics plot ideally located by Route 11 at Dózsa György út 22. Housed on Building B, a newly renovated space in a large industrial building which is being converted gradually into a commercial asset having suitable private […]
