Acquistion of Eurostop Halmstad from Unibail-Rodamco and Atrium Ljungberg on behalf of Eurocommercial Properties
Advisory service and commercial Due Diligence regarding Eurostop Halmstad, a 31,000 sqm shopping centre with substantial extension and redevelopment potential.
Full commercial market study along with Due Diligence of rent roll and service charges, collection and analysis of catchment and demographic data. Appraisal of existing and future cashflow and detailed investment analysis. Negotiation of Heads of Terms and monitoring of data room.
Successful and parallel closing of transaction of the deal with two different vendors at favourable terms and conditions. Eurocommercial is now in advanced discussions with the city planning department to agree on a major extension and redevelopment of the site.