MAS Real Estate Inc. announced appointments of Dan Pascariu and Vasile Iuga as independent non-executive directors of the Company with effect from 13 January 2020. More recently, Dan acted as Chairman of Nepi Rockcastle plc, the large public real estate company in the CEE region, having served on the board for 9 years. The company board also announced appointment, Vasile will be appointed as the Chairman of MAS' audit and risk committee. Vasile is based in Bucharest.