French investor Mata Capital has acquired a portfolio of four Monoprix supermarkets from Novaxia Investissement for €117 mln.
The acquisition was carried out on behalf of Mata’s core-plus fund, in co-investment with an unnamed institutional partner. The assets located in the cities of Saint-Cloud, Meudon, Saint-Maur and Saint-Ouen, provide a total area of around 18,600 m2.
Following this acquisition, Mata Capital manages €470 mln of retail real estate assets in France. The company is an independent real estate investment management company specialized in core plus and value-added strategies. It currently holds a total of €1.2 bn of AuM across the office, retail, residential, logistic, healthcare, education and hotel sectors.
