The retail parks in the SHOPPER PARK PLUS (SPP) portfolio seem to have a steady income-generating potential and growth potential. Partly on the cost side, through targeted energy efficiency improvements and more efficient operation. And partly on the revenue side, by continuously optimising the tenant mix.
Even more promising is SPP’s vision to become a significant retail park owner and operator in the Central and Eastern European region.
There is considerable potential for improvement in the income-generating capacity of the SPP retail park portfolio. On the one hand, average rents are well below market levels, as consistent optimisation of the tenant mix can maximise rental income. On the other hand, by making operations more efficient and complementing this with comprehensive energy efficiency investments: more efficient heating and cooling systems, solar park installation, switching to LED lights, integration of geothermal potential.
The exchange rate risk for investors is reduced by the fact that rents are fixed in euros and shares are denominated in euros.
This means above-average growth potential and significant cashflow. This already promising vision is further underpinned by SPP’s strategic objective of becoming a significant retail park owner and operator in the Central and Eastern European region through targeted expansion.
The prospects are also enhanced by Adventum’s Group Management support, while the capital market presence will reinforce transparency.
