AUP Bratislava Sub-Fund

Our goal is to take care of our buildings and keep increasing their value. Aupark is an attractive location for tenants from large and important companies, which makes the shopping centre even more desirable, so its development represents an ideal investment opportunity.

An investment Sub-Fund has been created for Aupark, focused on investing in one asset – Bratislava's most prestigious shopping centre. The fund's strategy is to distribute all free cash flows through dividends, with a targeted dividend yield of approximately 5-6% p.a. and a total targeted return on investment of more than 8% p.a., net of fees. The first dividend payment was made in the summer of 2022. The external debt ratio is at a conservative level of approximately 50%.

Average lease expiries in excess of 3.3 years, combined with fixed rents (above 95 %) and full occupancy, demonstrate Aupark's strong market position, its ability to manage competition, and resilience against economic cycles and growth in the e-commerce sector.

We consciously and professionally manage the amount and structure of debt in our projects as a basis for the stability and long-term sustainability of our building and fund management business. Within the Aupark Sub-Fund, we maintain an external debt ratio of approximately 50%.