M Core Expands Romanian Portfolio with two new Acquisitions

M Core  has recently completed two acquisitions in Romania: Retail Park Hunedoara, the CUB Shopping Center, and five Penny stores.

Sebastian Macdonald-Hall, Chief Investment Officer (Europe), said: “Hunedoara and the CUB portfolio add seven retail assets with established occupiers and strong local catchments. Both deals reflect how we invest in Romania: active management, long-term ownership and the ability to execute on single assets and portfolios alike.”

With these transactions, M Core’s national portfolio grows to almost 40 retail parks and 15 operational food retail stores across Romania, in line with the group’s strategy of investing in and actively managing convenience retail schemes built around the needs of local communities.