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JLL advises Atrium Real Estate in Militari Shopping Centre transaction

JLL has advised Atrium European Real Estate Ltd. (Atrium) on the successful sale of Militari Shopping Centre in Bucharest, Romania, to MAS Real Estate, for 95 million Euro. The transaction, signed in April and closed this week, represents the most important retail transaction in Bucharest since the end of 2014.

2018-07-06 14:49:28

Commenting on the sale, Silviana Petre Badea, Managing Director, JLL Romania said: "We are excited to have had the opportunity to work alongside our client, Atrium, and their transaction team as well as the team of Mas REI for the successful sale of Militari Shopping Centre. JLL continues to be the advisor to successfully represent institutional sellers of dominant retail assets in Romania"

Militari Shopping Centre, with a gross leasable area of 54,000 sqm, is a successful and dynamic shopping centre in the densely populated Militari neighbourhood in Bucharest, just steps away from a strongly developing residential and office area.

The center is home to a large variety of brands including the most sought after and successful international retailers present in Romania such as Auchan, H&M, Decathlon, C&A, New Yorker, Reserved and Praktiker

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