WOOD & Company, along with Tatra Asset Management, successfully acquired Aupark Bratislava for EUR 450 million, marking a significant milestone in Slovakia's retail market.

Information on the Target

The transaction announced in 2021 was heralded as the largest single asset real estate acquisition in Slovakia, with a total value of EUR 450 million. WOOD & Company, in partnership with Tatra Asset Management (TAM), has successfully become the sole shareholders of Aupark Bratislava, with WOOD & Company holding the majority stake. This acquisition is a pivotal milestone for WOOD & Company, illustrating their commitment to their strategic partners and investors, as noted by Martin Šmigura, Local Partner at WOOD & Company.

Aupark Bratislava stands out as a significant asset in the company's portfolio and reinforces their strong position in the Central European retail market. Following the acquisition, investors had the opportunity to participate in the iconic shopping center through the AUP Bratislava sub-fund via direct subscription before the completion of the final tranche, highlighting the investment potential of Aupark.

Industry Overview in Slovakia

The retail industry in Slovakia has been witnessing steady growth, reflecting an overall favorable economic environment. This growth is largely driven by increasing consumer pur