Strategy and Finance Division
Investor Relations
Reference number: IR-079/2024
21 March 2024
Extraordinary announcement
One Croatian group member of OTP Group signed a share-purchase agreement
to purchase the Croatian entity Zagrebtower d.o.o.
OTP Bank Plc. announces that its indirectly fully owned subsidiary, OTP Nekretnine d.o.o. as buyer has concluded a share sale and purchase agreement with CEE PROPERTY-INVEST Immobilien GmbH, as seller to purchase 100% shares of Zagrebtower d.o.o., a company registered in Croatia, seated in Zagreb As part of the transaction, following the receipt of the necessary regulatory approvals and the closing of the transaction, which is expected in 3Q 2024, OTP Group will acquire the office building owned by Zagrebtower d.o.o. with the size of gross 25,899 m2. With this acquisition the Croatian real estate subsidiary of OTP Group will expand its positions on the commercial real estate market from the seaside cities of Pula, Dubrovnik, Zadar and Split by becoming a significant player also in the capital, Zagreb.
OTP Bank Plc.
OTP Bank Plc.
Postal address: P.O.B.: 501
Budapest H-1876 Hungary
Phone: +36 1 473 5460
E-mail: investor.relations@otpbank.hu
Internet: www.otpbank.hu
Address: Nádor street 16. Budapest H-1051 Hungary
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OTP Bank Nyrt. published this content on 21 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 10:25:51 UTC.