March 2026 – Kinstellar has successfully advised Gránit Asset Management on the acquisition of a high-value retail portfolio comprising 8 retail parks and 4 standalone stores across Hungary from Revetas Capital, an international real estate investment company.
The portfolio includes eight retail parks and four single-tenant retail properties located in major regional cities, including Sopron, Mosonmagyaróvár, Miskolc, Debrecen, Zalaegerszeg, Siófok, Dunaújváros, Nagykanizsa, Marcali, Tolna, Szekszárd and Szentlőrinc. The assets comprise approximately 45,000 sqm of gross leasable area and are nearly fully leased to a strong tenant mix including C&A, Deichmann, Intersport, Libri, McDonald's, and Müller.
Gránit Asset Management acted on behalf of the Magyar Posta Takarék Real Estate Investment Fund, an open-ended real estate fund owned by tens of thousands of retail investors. The portfolio will be integrated under the "Zone" retail park brand operated by Gránit Asset Management. As a result of the transaction, seventeen strip malls will operate under unified management, increasing the company's total retail portfolio from approximately 97,800 sqm to more than 142,000 sqm.
The transaction ranks among the most significant recent retail real estate deals in Hungary.
Kinstellar advised Gránit Asset Management throughout the entire transaction process, providing comprehensive legal support covering due diligence and the preparation and negotiation of all transaction documentation, including the sale and purchase agreement.
The Kinstellar team was led by Barnabás Sági (Counsel), supported by Fanni Oroszi (Senior Associate), Bertalan Ványa (Associate), Anna Szilágyi (Associate), and Gergely Ficsor (Junior Associate).