Diófa Fund Management has finalized the acquisition of the Europark shopping center in Budapest from Unibail-Rodamco. The price of the deal was not disclosed. Europark offers 26,000 sqm of space. It is more than 90 percent leased. Diófa Fund Management was legally represented during the transaction process by Jalsovszky Law Firm. The Budapest-based company also recently purchased the 14,000 sqm Zala Park retail park in western Hungary from Resideal. Diófa Fund Management has been investing in real estate for the past three years on behalf of institutional and private investors with one open-ended and three closed-ended funds. Both retail assets have been added to its Magyar Posta Takarék Real Estate Fund.
