MAS Real Estate has entered into an agreement with PKM Developments, a joint venture with its peer Prime Kapital, to buy a property portfolio consisting of nine shopping value centres in Romania for €112.97 million. The centres are being held by PKM Developments through three subsidiaries - PK Black, PK Indigo and PK Red.

MAS Real Estate, through a subsidiary, has acquired the Atrium Mall Shopping Centre in Arad, Romania from Cosmovia Holdings Limited, a member of the Demján Group based in Hungary.

Atrium European Real Estate Limited has completed the sale of the Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc. for €95 million, which represents a 9% premium to book value on 31 December 2017.

Atrium European Real Estate Limited has entered into an agreement to sell Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc., for €95 million, representing a 9% premium to book value on 31 December 2017. The transaction is subject to the fulfilment of certain conditions precedent which are expected to be finalised by the end of the third quarter of 2018.

MAS Real Estate, a commercial property investor, developer and operator listed in both Johannesburg and Luxembourg, announced the acquisition of two shopping malls in Bulgaria, for €62 million. The malls have been acquired from Globe Trade Centre and the European Bank for Reconstruction and Development. The Galleria Burgas Mall and the Galleria Stara Zagora Mall and are located in the Bulgarian cities of Burgas and Stara Zagora, respectively.