MRM to acquire the two shopping centres of Alatrea for $92m.

MRM, a real estate investment company, agreed to acquire the two shopping centres of Alatrea, a company which develops and manages large regional shopping centers, for $92m. "We are delighted to present today a proposed significant acquisition that will have a transformative effect on MRM. The acquisition of these two shopping centres would mark a real change of dimension for MRM, representing an increase of more than 50% in the value of our asset portfolio. Altarea is a key player in the real estate industry. Its entry in the share capital of MRM is a mark of recognition of our know-how and confidence in our ability to create value,” François de Varenne, MRM Chairman of the Board of Directors.