Should the deal be sealed, the portfolio value is likely to head toward EUR300 million.

Retail projects are among the most sought-after properties for investments owing to the 6.75% investment return, but few have been traded as their owners want to keep them in their portfolio.

Retail parks have Kaufland or Lidl as a main retail anchor and have a 134,000-sqm leasable area overall and more than 150,000 visitors per day.

Tomas Cifra, Mitiska manager for Romania, has recently stated Romania continues to be an opportunity for modern retail parks.

(English version by Catalina Apostoiu)

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