MAS sells Romanian and Bulgarian assets for about R7 billion
IOL | 26.05.2026 23:01
MAS, the JSE, A2X, and Luxembourg-listed operator of commercial properties in Eastern Europe, said Tuesday it had sold assets in Romania and Bulgaria to realise about €369.4 million (R7.1 billion), after bank loans and taxes.MAS said it had reached agreements for the sale of shares of eight of its subsidiaries, holding six open-air malls in Romania.