EPP with four more M1 centers

Investor EPP has closed the second tranche of its multi-year M1 transaction, which was announced in December 2017 and regards the acquisition of a total of 12 M1 shopping centers and retail parks. The company has now added four more M1 centers to its portfolio, which are located in Bytom, Częstochowa, Radom and Poznań, and comprise a combined 141,000 sqm of GLA with the value of the deal amounting to €224 million. The third and last tranche of the M1 transaction is expected to be closed in June next year.

(Warsaw Business Journal)