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MAS Real Estate sells UK investment property for €45.2m

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Proceeds of sale after taxes and mandatory settlements of senior debt facilities will be used for acquisitions

Real estate company MAS has entered into a €45.2m agreement to sell its hotel property and adjacent public square in Edinburgh, Scotland.

MAS, a JSE-listed green property owner and operator focused on Central and Eastern Europe , has been pursuing a strategy of disposing of West European property to deploy capital to Central and Eastern Europe...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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