MAS PLC sells Romanian strip mall portfolio to M Core Group

MAS PLC, a leading property investor and operator in Central and Eastern Europe (CEE), sold a portfolio of seven strip malls in Romania to M Core Group. According to Cushman & Wakefield Echinox, which assisted the seller in the deal, the retail assets have a total gross leasable area of approximately 32,000 sqm, located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni.

All properties are fully leased and strategically positioned next to Kaufland stores, hosting a strong mix of national and international tenants, including JYSK, Pepco, C&A, CCC, Deichmann, Sinsay, Altex, KFC, and McDonald’s.