Mint acquired Breda & Weinstein shopping center 26.7.2018

Mint acquired Breda & Weinstein shopping center

In June 2018, Mint Investments successfully completed the acquisition of the shopping center Breda & Weinstein from Avestus Capital Partners. The value of the transaction exceeded EUR 60 million. Mint Investments originally developed and later asset managed this shopping center for Avestus Capital Partners.

Radim Bajgar, Partner at Mint Investments, commented on the acquisition: “We are thrilled to have acquired Breda & Weinstein. We have been with the center since its original development and we believe in its strong potential due to its dominant position and micro-location in the Opava region. We are convinced that we secured a solid and safe long-term investment for our private investors and ourselves”.

Breda & Weinstein is a modern shopping center with over 25ths sqm of leasable area, located in the historical center of Opava, on the footprint of former Zlatovar brewery. The center offers a wide and complex range of shops and services with focus on leisure activities and gastronomy, including multiplex cinema, large fitness center, and mini-brewery with a restaurant.

Breda & Weinstein is an architectural award-winning building. It obtained the Building of the Year 2013 award, Honorable recognition in the Grand Prix of Architects, The Prize of the General Public and the Honorable Mention in the Building of the Moravian-Silesian Region as well as, the 3rd place in the Best of Realty.

 

About Mint Investments Group

Mint Investments group was founded in 2002 and is one of the leading real estate investors in Czech Republic and Slovakia. The total value of assets under management exceeds EUR 600 million.

Mint Investments offers a full range of real estate investment services and its team of more than 50 professionals addresses all the financial, legal and technical aspects of managing real estate and development projects.

The Mint Investments group is owned by 5 partners. All partners have long-term experience from major global financial and real estate companies.

The key mission of the group is to generate above average returns for our investors with minimized risks. We manage the funds of large institutional investors as well as a number of private investors.

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