Deals & Cases

BOYANOV & Co. Advised on the Acquisition of The Mall Shopping Centre

BOYANOV & Co. assisted the UK-based Hystead Limited (”Hystead”) and its 100%-owned subsidiary Balkan Retail NV to successfully close the acquisition of all shares in the Bulgarian company AP Retail I EOOD, which owns The Mall shopping centre. The deal’s value amounts to a total of Euro 156 million. The Mall is regarded as one of the best shopping centres in Bulgaria. It provides approximately 52 000m² of GLA, and has around 200 tenants including Zara, Peek & Cloppenburg, H&M, New Yorker, Mango, Deichmann, etc.

Boyanov & Co. team, led by the partners Yordan Naydenov and Nickolay Nickolov, assisted the buyer throughout the acquisition process and secured fast, safe and effective closing and assumption of control by the buyer.