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Announced

Completed

M Core completed the acquisition of 25 retail parks from Mitiska REIM for €219m.

Financials

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Transaction Value£187m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Belgium

investment company

Private Equity

Acquisition

Cross Border

Majority

Private Equity

Private

Friendly

Single Bidder

Completed

Synopsis

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M Core, a collective of property investment and management companies, completed the acquisition of 25 retail parks from Mitiska REIM, an investment firm, for €219m. ”Recognising the strategic significance of Romania, as a territory boasting promising macro tail winds and robust investment opportunities, this move marks a pivotal moment for our collective,” Sebastian MacDonald-Hall, M Core Chief Investment Officer (Europe) and Co-CEO of Romania.

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