ARTICLES LABELLED WITH TAG mas
15
Jul
2025
Jul
2025
M Core secures €175 million financing from Alpha Bank Group
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
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21
Mar
2025
Mar
2025
Prime Kapital, MAS to deliver new mall in Iași next month
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
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03
Feb
2025
Feb
2025
M Core fully purchases MAS strip malls in Romania
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
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21
Dec
2024
Dec
2024
MAS sells strip malls in Romania for €49 million
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
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28
Sep
2022
Sep
2022
Prime Kapital secures building permits for apartments in Iași
Property developer Prime Kapital has obtained the construction permits for the second and third phases of the residential component of Silk District, the mixed-use scheme located in Iași.
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01
Sep
2022
Sep
2022
Prime Kapital & MAS plan to invest around €2 billion in Romania
Property developer Prime Kapital says it will invest close to €2 billion across Romania in retail, office and residential projects alongside MAS Real Estate by 2029.
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11
Aug
2022
Aug
2022
Prime Kapital delivers its first resi project in Romania
Property developer Prime Kapital has delivered four out of five apartment buildings in its first residential project in Bucharest. The company has invested €47.8 million in the project that will feature 458 apartments.
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04
Jun
2021
Jun
2021
MAS RE sells two UK assets, wants to invest in CEE instead
South African investor MAS Real Estate has entered into to sell an office building in Scotland to Union Investment for €91 million. The company also agreed to sell a piece of development land in East Sussex for €20.8 million. MAS Real Estate wants to sell all of its remaining Western European assets and reinvest the proceeds in Central & Eastern Europe.
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13
May
2021
May
2021
EBRD invests €24.7 million in MAS’s real estate green bond
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
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21
Aug
2020
Aug
2020
Prime Kapital and MAS Real Estate open new mall in Romania
Developer Prime Kapital and investment partner MAS Real Estate have opened 33,000 sqm GLA Dâmboviţa Mall shopping centre in the city Târgoviște, 80 km northwest of Bucharest.
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New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
