### DaMam Properties Announces Major Deal with Allan Saint-Maximin for $1.6 Billion

DaMam Properties Limited (NASDAQ: DAMA), a leading real estate investment trust in the Asia-Pacific region, has announced a significant deal with Allan Saint-Maximin (ASM) Real Estate Investment Trust, one of the largest and most experienced property developers in Europe. The transaction involves a strategic partnership that will enhance both companies' portfolios and capabilities.

#### Key Details of the Agreement

The major deal involves a joint venture where DaMam Properties will acquire all or substantially all of the assets and liabilities of ASM's European real estate portfolio. This includes properties such as office buildings, retail spaces, hotels, and residential developments across various countries in Western Europe. The acquisition is expected to be completed through a combination of cash payments and the issuance of new shares from both entities.

The total value of the deal stands at approximately $1.6 billion, which represents a substantial portion of DaMam Properties’ existing portfolio. This large-scale transaction aligns well with the company’s strategy of expanding its international presence while diversifying its revenue streams.

#### Strategic Implications

This move is anticipated to have several strategic implications for both parties:

- **Enhanced Portfolio**: By acquiring ASM’s assets, DaMam Properties can significantly expand its reach into the European market, offering more diverse and competitive offerings.

- **Cost Efficiency**: The use of a joint venture structure allows for cost-sharing and risk mitigation, making it easier for both companies to manage the complexity of the acquisition without diluting their respective ownership stakes.

- **Brand Strengthening**: The integration of these assets under one umbrella can strengthen DaMam Properties’ brand recognition within the European market, potentially attracting new tenants and investors.

- **Market Expansion**: For Allan Saint-Maximin, this deal provides an opportunity to explore new markets outside of France, leveraging DaMam Properties’ established infrastructure and expertise.

#### Future Prospects

As part of the agreement, both companies have committed to working closely together on future projects and expansions. This collaborative approach not only accelerates the integration process but also ensures continuity and stability in operations post-acquisition.

#### Conclusion

DaMam Properties' announcement of this landmark deal underscores its commitment to growth and expansion. The collaboration between two renowned players in the real estate sector promises to bring fresh energy and innovation to the broader real estate landscape, particularly in the dynamic European market.

For readers interested in staying updated on the latest developments in the real estate industry, we encourage you to follow DaMam Properties and Allan Saint-Maximin on relevant platforms for detailed updates and insights into the ongoing transactions.

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