Strip Malls

Romania

These properties include seven convenience centres with a high density of national and international anchors, including Deichmann, Jysk, and Pepco. They are easily accessible by car and public transport and are close to densely populated residential areas. The centres’ proximity catchment areas range between 47,000 and 80,000 residents. The properties were developed in the DJV (opened during 2017 and 2018), and acquired by MAS from the DJV on 28 February 2019. An extension for Slobozia Strip Mall was developed in the DJV and became operational on 31 May 2023.

Retail

27,800m2 GLA

NRI

€3.9m

€49.4mBook value

100%Owned by MAS

Retail (extension)

4,300
m2GLA

NRI
(extension)

€0.7m

€9.2m

Book Value (extension)

40%

Owned by MAS (extension)