The Hungarian-based Adventum Penta has exchanged contracts to acquire a 360,000 sqm portfolio of 18 Tesco-anchored retail parks located in the Czech Republic and Hungary. Coming just a month after it bought Sky Tower building in Wroclaw, the €280 million deal (financed by Erste Group and OTP Bank) brings Adventum’s total AMU to €1 billion. Adventum’s fifth Fund, Adventum PENTA, including its related JV structures now has commitments of approximately €240 million. The fund’s Gergely Koos-Hutas says they’ll be improving the portfolio’s ESG profile by diversifying its energy consumption and securing . . .
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