Appeninn has signed sale and purchase agreements for the acquisition of Kantrum Property and Tidaholm Properties with representatives of the Central European Real Estate Fund. Kantrum Property owns the Kanizsa Centrum Shopping Centre in Nagykanizsa, which is located in the eastern part of the city, approximately one kilometre from the city centre. The shopping centre, with a gross floor area of 20,779 square metres, was built in 2006-2007 and has been continuously maintained since the completion of construction, with the first phase of the water network renovation of the property completed in 2021.

KCB currently has 93,54% of occupancy, with tenants ranging from large retail chains (such as Interspar, Magyar Posta, BENU pharmacy, CCC, Libri Books, Pepco, DM, H&M, Sinsay) to smaller, stable local tenants.

Tidaholm Properties owns the Zone Shopping Park in Székesfehérvár and Zalaegerszeg. The Székesfehérvár property is a strip mall, a U-shaped facility consisting of 3 free-standing buildings on the outskirts of the city. The property has an occupancy of 97,51%. The tenants include smaller local players, but the majority are large retail chains (C&A, CCC, Deichmann, Fressnapf, Müller, Pepco, Régió Játék, Takko Fashion, etc.).

The Zone Shopping Centre in Zalaegerszeg is located in the eastern part of the city, close to the city centre and easily accessible. The building, built between 2008 and 2010, has an L-shaped design. The net lettable area is 13,736 sqm. It currently has 98.79% occupancy, with tenants including large retail chains (e.g. C&A, CCC, Deichmann, DM, H&M, Fressnapf, JYSK, New Yorker, Diego, etc.) as well as smaller local operators.

"We selected the targets for the two domestic acquisitions after a long search, based on the business potential of the properties and the expectations of Scope Ratings, in the hope that by adding further stable income generating assets to our portfolio we can move closer to an upgrade by an independent international rating agency and increase the value of our company," he said. Györgyi Szűcs, CEO of Appeninn Plc.