M Core Group Acquires Romanian Strip Malls from MAS
Deal News | Feb 14, 2025 | CEE Legal Matters
M Core Group has expanded its commercial real estate portfolio through the acquisition of multiple strip malls in Romania. The purchase was facilitated through financial arrangements, with legal guidance provided by CMS, an international law firm. CMS's team for the transaction included a roster of legal experts led by Partners Roxana Fratila and Ana Radnev. The seller, MAS, is a property investor with listings on the Johannesburg and Luxembourg exchanges. Despite inquiries, CMS refrained from commenting on the specifics of the deal.
Sectors
- Real Estate
- Legal Services
- Finance
Geography
- Romania – The strip mall portfolio that M Core Group acquired is located in Romania, making it the geographical focus of the transaction.
- South Africa – MAS is listed on the Johannesburg exchange, indicating involvement of the South African market.
- Luxembourg – MAS's listing on the Luxembourg exchange highlights the European financial connection.
Industry
- Real Estate – The acquisition of strip malls by M Core Group is a significant event in the real estate sector, particularly in the commercial property market.
- Legal Services – CMS provided legal advisory on the acquisition, highlighting the involvement of the legal services industry in this transaction.
- Finance – The acquisition financing indicates involvement of the finance industry, essential for enabling such real estate transactions.
Financials
- – The article does not disclose any specific financial figures related to the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| M Core Group | Buyer | Company | A company acquiring a portfolio of strip malls in Romania. |
| MAS | Seller | Company | A property investor and operator, listed in Johannesburg and Luxembourg, selling the strip mall portfolio. |
| CMS | Legal Advisor | Company | An international law firm providing legal advice for the acquisition. |
| Roxana Fratila | Partner | People | A partner at CMS involved in advising on the acquisition. |
| Ana Radnev | Partner | People | A partner at CMS involved in advising on the acquisition. |
| Claudia Laura Nagy | Senior Counsel | People | A senior counsel at CMS involved in advising on the acquisition. |
| Alina Tihan | Senior Counsel | People | A senior counsel at CMS involved in advising on the acquisition. |
| Mircea Moraru | Senior Counsel | People | A senior counsel at CMS involved in advising on the acquisition. |
| Oana-Elena Mina | Senior Associate | People | A senior associate at CMS involved in advising on the acquisition. |
| Aura-Georgiana Marina | Associate | People | An associate at CMS involved in advising on the acquisition. |
| EduardMarian Roventa | Associate | People | An associate at CMS involved in advising on the acquisition. |
| Andreea Bianca Radu | Associate | People | An associate at CMS involved in advising on the acquisition. |
| Florian-Gabriel Pacalici | Associate | People | An associate at CMS involved in advising on the acquisition. |
| Radu Dragan | Lawyer | People | A lawyer at CMS involved in advising on the acquisition. |