MCL has advised the Euromax Group on the sale in the summer of 2018 of the City Arena Shopping Mall in Trnava, Slovakia, to Trenesma, controlled by sole shareholder Peter Korbacka. The Relevans law firm advised the buyers on the deal. Financial details were not disclosed.
Trnava is a city in western Slovakia, about 50 kilometers to the north-east of Bratislava.
“I believe in the long-term sustainable growth of the retail sector and in Trnava’s potential,” said Korbacka. “City Arena’s location in the absolute center of the city, the high-quality construction work, the 100-percent occupancy of the rented premises and the synergy with the neighboring [football] stadium are the prerequisites for it to continue to be successful.”
The MCL team was led by Partner Martin Jurecko, Senior Associate Kamila Turcanova and Associate Martin Micak. Partner Matej Firicky and Associate Martin Micak were in charge of the transaction structure.
The Relevans team included Partners Marian Masarik and Jana Borska and Attorney Martina Simkova.