AZTN: Allows MSREF/Gradski Centar and Manta Concentration

Mladen Cerovac, AZTNLPJ Issue 167, 8 February 2016

The AZTN cleared the concentration whereby the Morgan Stanley Real Estate Fund VIII Global-GP, L.P. (MSREF) will acquire control over the Gradski centar and Manta, owners of the “City Centre One West” and “City Centre One East” properties, respectively;

the properties are some of Zagreb’s largest shopping malls.

The analysis carried out by the agency, based on the notification documentation and other data available, showed that this concentration will have no significant effect on the Croatian retail property market.

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