Atterbury Europe acquired a one-third stake in a Serbian shopping center portfolio owned by MPC Properties. The €259m package includes the country’s largest mall, Ušcce Shopping Centre in Belgrade. Atterbury partnered with Attacq, a Johannesburg Stock Exchange-listed capital growth fund, on the deal.
“Our goal is to develop and invest in shopping centers in Central and Eastern Europe, with an immediate focus on fast-developing Eastern European markets,” said Louis van der Watt, the CEO of Atterbury.