Lone Star $387 million acquisition of Centrice Real Estate

28/6/2016
Public acquisition

$ 387 million

Completed

28/6/2016


Overview:

  • Lone Star Funds has acquired Centrice Real Estate from HETA Asset Resolution for €328 million.
  • The deal includes outstanding loans from HETA to Centrice.
  • Centrice owns real estate assets in Bosnia and Herzegovina, Croatia, Serbia, Slovenia and Macedonia.
  • The portfolio includes 31 shopping centres and office buildings with a total area of 339,000 square metres.

Sam Duke - Editor

Jurisdictions:

Austria
Bosnia and Herzegovina
Croatia
North Macedonia
Serbia
Slovenia

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Real estate


Firms:

Party: Lone Star Funds (Acquirer)


Party: HETA Asset Resolution (Seller)


Party: Lone Star Funds (Acquirer)

Lawyer: Branko Bulat


Party: HETA Asset Resolution (Seller)

Lawyer: Blaž Ogorevc


Party: Lone Star Funds (Acquirer)