Tim Core News Today

International law firm CMS has advised L&C Properties, part of M Core, one of the UK’s largest, privately held commercial property collectives with combined assets in excess of EUR6 billion, on its entry into the Romanian market with its largest deal to date: the acquisition of 25 retail parks, an investment nearing EUR219 million.

M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, has acquired the 25 retail parks managed by Mitiska REIM in Romania, in a deal worth almost EUR219 million.

M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, is mulling acquiring the 25 retail parks managed by Mitiska REIM in Romania, in line with real estate market data.

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