BOYANOV & Co. Advised on the Acquisition of The Mall Shopping Centre
BOYANOV & Co. assisted the UK-based Hystead Limited (”Hystead”) and its 100%-owned subsidiary Balkan Retail NV to successfully close the acquisition of all shares in the Bulgarian company AP Retail I EOOD, which owns The Mall shopping centre. The deal’s value amounts to a total of Euro 156 million. The Mall is regarded as one of the best shopping centres in Bulgaria. It provides approximately 52 000m² of GLA, and has around 200 tenants including Zara, Peek & Cloppenburg, H&M, New Yorker, Mango, Deichmann, etc.
Boyanov & Co. team, led by the partners Yordan Naydenov and Nickolay Nickolov, assisted the buyer throughout the acquisition process and secured fast, safe and effective closing and assumption of control by the buyer.
Copyright picture: The Mall shopping centre