EPP raises EUR 90 mln for second tranche of M1 portfolio

The EUR 222.5 mln transaction, which is expected to be completed in June, covers the transfer from Chariot Top Group of M1 Bytom, M1 Czestochowa, M1 Radom and Power Parks in Kielce, Olsztyn and Opole, totalling 184,000 sqm gla and with a combined net operating income of EUR 16.3 mln. The equity raise was done through an accelerated bookbuild process that took place on the Johannesburg and Luxembourg stock exchanges on April 24th. The initial target from the issue of new ordinary shares had been