Why is commercial property a good investment?
The retail parks in the SHOPPER PARK PLUS (SPP) portfolio seem to have a steady income-generating potential and growth potential. Partly on the cost side, through targeted energy efficiency improvements and more efficient operation. And partly on the revenue side, by continuously optimising the tenant mix.
Even more promising is SPP’s vision to become a significant retail park owner and operator in the Central and Eastern European region.
“Significant growth potential
in its ability to generate income.“
There is considerable potential for improvement in the income-generating capacity of the SPP retail park portfolio. On the one hand, average rents are well below market levels, as consistent optimisation of the tenant mix can maximise rental income. On the other hand, by making operations more efficient and complementing this with comprehensive energy efficiency investments: more efficient heating and cooling systems, solar park installation, switching to LED lights, integration of geothermal potential.
The exchange rate risk for investors is reduced by the fact that rents are fixed in euros and shares are denominated in euros.
This means above-average growth potential and significant cashflow. This already promising vision is further underpinned by SPP’s strategic objective of becoming a significant retail park owner and operator in the Central and Eastern European region through targeted expansion.
The prospects are also enhanced by Adventum’s Group Management support, while the capital market presence will reinforce transparency.
How can I subscribe to SPP shares?
Both retail and institutional investors can subscribe. As a retail client, the share subscription is available from October 9, 2023 at 09.00 until October 20, 2023 a 14.00, while for institutional investors the bookbuilding process is available from October 16, 2023 at 09.00 until Octobr 20, 2023 at 18.00.
OTP Bank Nyrt. and Concorde Értékpapír Zrt. are acting as distributors for the share subscription. Retail customers of OTP Bank Nyrt. or Concorde Értékpapír Zrt. who fulfil the conditions set by the respective distributor (private banking framework agreement) and have a securities account with the respective distributor are entitled to subscribe for newly issued ordinary shares of Shopper Park Plus. Further information on the participation in the subscription of newly issued ordinary shares can be found in section VI.5.5 of the Prospectus approved by the Hungarian National Bank (MNB), and more information is available on the website of OTP Bank Nyrt. as distributor and Concorde Értékpapír Zrt. as distributor.
- Shopper Park Plus REIT IPO on the Budapest Stock Exchange - Investment Presentation
- Articles of Association of Shopper Park Plus Public Limited Company
- MNB Resolution
- Consolidated Information
- Articles of Association of Shopper Park Plus Privately Operated Joint stock company
- Information of the result of subscription
- Summary of the rules on the conduct of general meetings and the exercise of shareholders voting rights
Disclaimer
“This disclosure is considered as advertising pursuant to Regulation (EU) No 1129/2017. The purpose of the disclosure is to ensure that all investors have access to the same regulated information and thus to ensure full transparency and compliance of the Company with the capital market requirements under Regulation (EU) No 1129/2017, Regulation (EU) No 596/2014 and Act CXX of 2001 on Capital Markets (Act on Capital Markets). In connection with the information contained in this disclosure, the Company has published a prospectus approved by the Hungarian National Bank in relation to the issuance of securities pursuant to Regulation (EU) No. 1129/2017, which is available on the website of the Budapest Stock Exchange, the disclosure website of the Hungarian National Bank, the Company’s website, the website of Concorde Értékpapír Zrt. as distributor and the website of OTP Bank Nyrt. as distributor. The Hungarian National Bank has approved the prospectus for compliance with the requirements of Regulation (EU) No 1129/2017 on completeness, clarity and consistency and it should not be considered as a recommendation on the Company or on the quality of the securities. Investors are advised to read the Prospectus before making an investment decision in order to fully understand the potential risks and benefits of the relevant investment decision and to carefully consider the legal, tax or return consequences, including the benefits and the relevant risks of a potential investment in the Company and its securities before making an investment decision. The Company draws attention to the fact that the Company and its representatives, Concorde Értékpapír Zrt. as distributor and OTP Bank Nyrt. as distributor do not take any liability for investment decisions based on the conclusions drawn by investors, their adverse legal consequences or financial losses.”