MAS Real Estate Inc. is a real estate investment company (REIT). The Company has a portfolio of commercial properties in Western Europe. It focuses on providing investors with a sustainable euro-based distribution and growth in value over time through acquisition, development and asset management strategy. It operates through four segments: Income-generating property, Development property, Investments, and Corporate and treasury. The Income-generating property segment consists of all the income-generating investment property in the portfolio. The Development property segment consists of development property, such as the New Waverley development in Edinburgh; North Street Quarter development in Lewes, and the Langley development in Chippenham. The Investments segment consists of the holding in the Karoo Fund and Sirius. The Corporate and treasury segment consists of all of the cash holdings outside of the other segments, treasury investments and goodwill.