LJUBLJANA (Slovenia), February 14 (SeeNews) – HETA Asset Resolution d.o.o. (HETA), the 'bad bank' of former Hypo Alpe Adria International, has called expressions of interest for the purchase of a network of 13 retail centres located in 11 cities across Slovenia.
The portfolio with over 125,000 sq m gross building area and over 110,000 sq m gross leasable area (GLA) is fully owned by HETA, it said in a statement.
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Occupied approximately 98%, the centres are long-term rented to Merkur Trgovina, the Slovenian market leader in sales of DIY products, machinery and tools.
HETA has appointed PricewaterhouseCoopers Svetovanje as the exclusive financial adviser to assist with the transaction.
The deadline for the submission of bids is March 17.
HETA Asset Resolution is part of HETA Group, a wind-down corporation owned by Austria. Its statutory task is to dispose of the non-strategic portion of Hypo Alpe Adria, nationalized in 2009, as effectively as possible whilst preserving value.