Tuesday, 26 May 2026
MAS has signed an agreement with AFI Europe, which aims to acquire 6 shopping centers in Romania, at a price of almost Eur 200 million. With an asset value of around EUR 281 million, this becomes the largest transaction ever signed in the retail sector of the local real estate market.
iO Partners advised MAS on the transaction.
“This transaction marks a defining moment for the Romanian real estate market, both through the scale of the portfolio and the efficiency of the execution process. The level of interest generated confirms that high-performing assets continue to attract institutional capital in a competitive manner, despite ongoing geopolitical and macroeconomic challenges, while investors increasingly view Romania as a key market at regional level,” said Andrei Văcaru, Managing Director Romania & Head of Capital Markets CEE.
The sale process was completed within a record timeframe for a transaction of this scale — approximately six months.
