Acquisition of a portfolio of 28 retail properties known as M1 deal
Acquisition of a portfolio of 28 retail properties for around 1.0 billion euro by Chariot Top Group, with Griffin Real Estate acting as the transaction manager, co-investor and co-manager of Chariot BV. Chariot Top Group acquired a portfolio of 28 real estate assets consisting of 9 M1 shopping centers, 12 hypermarkets, 4 power parks, and 3 stand-alone DIY stores. The portfolio has a total GLA of about 704,000 sqm. Upon the closing, Chariot immediately resold 12 assets from the portfolio to EPP.
