Published at: 2018-04-28 11:54 | Author: Robert McLean
Atrium has sold its Militari shopping center to MAS Real Estate in order to focus on retail in the Czech Republic and Poland
Atrium European Real Estate Limited is exiting Romania, following its sale of the Atrium Militari Shopping Center in Bucharest to MAS Real Estate for €95m. Atrium claims the price represents a 9 percent premium to the asset’s book value price as of the end of 2017. The transaction is expected to close by the end of the third quarter of this year. The sale is part of Atrium’s new strategy to refocus its portfolio on other countries in Europe. The company is turning its attention to prime assets i...

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