Mergers & Acquisitions: Heitman acquisition of City Center Sofia Shoppig Mall

Delchev & Partners Law Firm has advised Heitman in its acquisition of the City Center Sofia Shopping Mall in Sofia, Bulgaria, from Equest Balkan Properties plc. The acquisition is one of the largest real estate transactions in the SEE region with a price of €101.5 million paid by Heitman through its European Property Partners III fund.

The sale was effected through a share purchase agreement between Equest Balkan Properties plc. and Heitman European Property Partners III for the sale of Lerma BV, 100% owner of Auriga EAD, the 100% owner of City Center Sofia.