Deloitte Romania and Reff & Associates advised MAS in acquiring Militari Shopping Center
Deloitte Romania and Reff & Associates, member of Deloitte Legal in Romania, have advised MAS Real Estate in the acquisition of Militari Shopping Center from Atrium European Real Estate in a transaction worth 95 million Euro, in line with the group’s strategy of investing across the broader European market.
2018-05-16 14:05:34
The acquisition has been undertaken in terms of a long-term co-investment agreement that MAS has entered into with Prime Kapital.
Reff & Associates was constantly involved in all the stages of the transaction, from due diligence, deal structuring and negotiation to signing the conditional sale-purchase agreement.
The project was spearheaded by Irina Dimitriu, Associate Partner with Reff & Associates, head of the real estate practice, and coordinated by Simona Iacob, Managing Associate and Ioana Georgescu, Senior Associate.
"The project was a particularly complex and challenging one, spanning over a negotiation period of several months, and involved most practice areas in Reff & Associates, as well our tax and financial advisors from Deloitte Romania and Netherlands. We are proud to have supported our client in what we expect to be one of the largest real estate transactions of 2018," said Irina Dumitriu.
The transaction services team at Deloitte Romania provided financial due diligence support in the transaction, with a team led by Radu Dumitrescu, Transaction Services Partner and included Vlad Balan, Bogdan Mazilu, Atena Mituca, Miruna Ciocea and Silviu Antonescu.
Established in 2008, MAS has assembled, through acquisition and development, a portfolio of retail, office, industrial, logistics and hotel properties in Germany, the United Kingdom, Bulgaria, Poland, Switzerland and Romania.