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Market Impact: 0.3
Prosperus Retail Property Fund agrees €200 million acquisition of Ozas shopping centre from NEPI Rockcastle
Source: GlobeNewswire
M&A & RestructuringHousing & Real EstateCompany Fundamentals
Prosperus Retail Property Fund agreed to acquire the Ozas shopping and entertainment centre in Vilnius from NEPI Rockcastle for €200 million. The transaction is a meaningful retail-real-estate acquisition for Prosperus, while providing NEPI Rockcastle with asset-sale proceeds; its likely market impact is primarily limited to the companies and regional property sector.
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