Shopper Park Plus plans €100 million share offering for CEE expansion

Business Forum
Shopper Park Plus, a Hungarian real estate investment company, announced plans for a secondary public offering of approximately 8 million newly issued shares in the last quarter of 2025. The company expects to raise between €90 million and €110 million through the offering on the Budapest Stock Exchange.

The company operates a portfolio of 22 properties across Hungary, the Czech Republic, and Slovakia, totalling 398,000 sqm of gross leasable area. Since its 2023 IPO, Shopper Park Plus has delivered euro-denominated revenue growth above inflation and paid annual dividends of around 7%.

"Shopper Park Plus has demonstrated that retail, particularly food-anchored retail parks, remains a resilient and growing asset class," said Kristóf Péter Bárány, chairman of the Board of Directors. "Our ambition is to expand into Poland and Romania, some of the largest and most dynamic markets in the CEE region. Through the contemplated secondary public offering, we will accelerate our expansion and strengthen our position as the leading listed retail park investor in the CEE region."

The company's acquisition pipeline consists of 18 assets worth approximately €424 million with an average yield of 9.0%. The primary transaction involves a portfolio of 8 retail assets across Poland, comprising approximately 210,000 sqm of gross leasable area, with an expected purchase price of €195 million and an initial yield of 9.1%.

Erste Group Bank will act as sole global coordinator for the offering, with Concorde and WOOD & Company serving as joint bookrunners. The company targets gross proceeds of €90 million to €110 million to fund strategic expansion within Central and Eastern Europe.

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Business Forum  |  5 November, 2025 at 7:31 PM
Business Forum  |  5 November, 2025 at 6:08 PM