Deva Retail Park
DTZ Echinox were instructed in 2014 by a local developer to advise on the disposal of a dominant retail park in Deva, anchored by Metro, Real Hypermarket & retail gallery and Selgros.
We organized a structured disposal process which made the asset appealing for investment funds.
Several investors were interested in buying the asset and we successfully closed the approx. EUR 50 million transaction with NEPI.