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Shopper Park Plus

Hungarian real estate company specializing in owning and leasing retail parks across Central and Eastern Europe.

Last updated September 29, 2026

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Overview

Shopper Park Plus Nyrt. (short: SPP Group) is a Hungarian real estate company specializing in the holding and leasing of retail parks. The company, listed on the Budapest Stock Exchange, operates a portfolio of properties leased to a wide range of international brands such as Tesco, Sportsdirect, Sinsay and Deichmann. Its business model focuses on generating steady income through the leasing of these spaces and on capturing growth potential, including through expansion into other countries such as Slovakia. The company was founded in 2019 and originally operated as Shopper Park Plus Zrt. From the outset it concentrated on the acquisition, development and leasing of retail parks in Central and Eastern Europe, with a particular focus on food markets. A major milestone was its successful initial public offering on the Budapest Stock Exchange on 27 October 2023, when it became the first company in Hungary to carry out a euro-based IPO. Since then SPP has continuously expanded its portfolio. In June 2022, for example, four properties in the Czech Republic were acquired. Further expansions, including into Slovakia, followed, giving the company today a diversified portfolio of currently 22 properties in Hungary, Czechia and Slovakia. The strategy, supported by Adventum as majority shareholder, is geared toward long-term growth and stable dividend distributions.

History

The history of Shopper Park Plus began with its founding in 2019. The company, originally incorporated as Shopper Park Plus Zrt., focused from the start on the acquisition, development and leasing of retail parks in Central and Eastern Europe, particularly with a focus on food markets. A key milestone was the successful initial public offering on the Budapest Stock Exchange on 27 October 2023, in which the company became the first in Hungary to conduct a euro-based IPO. Since then SPP has continuously expanded its portfolio. In June 2022, for example, four properties in the Czech Republic were acquired. Further expansions, including into Slovakia, followed, giving the company today a diversified portfolio of currently 22 properties in Hungary, Czechia and Slovakia. The strategy, supported by Adventum as majority shareholder, is geared toward long-term growth and stable dividend distributions.

  • 2023

    Initial public offering on the Budapest Stock Exchange on 27 October, the first euro-based IPO in Hungary

  • 2022

    Four properties in the Czech Republic acquired in June

  • 2019

    Company founded as Shopper Park Plus Zrt.

Products and positioning

Owner and lessor of retail parks in Central and Eastern Europe, focused on long-term growth and stable dividends.

  • Retail park properties

  • Leasable retail space

Sources3 sources

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