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General de Galerías Comerciales invests €140M
03 July 2019 | Vanessa Sousa

By the end of the first semester, REIT General Galerías Comerciales had invested a total of 140.9 million euro in new real estate assets.

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According to information provided through a release by Mercado Alternativo Bursátil, the REIT’s largest purchase was the Dos Mares Shopping Centre (Murcia) for more than 28 million euro.

During the last eight months, the company «increased in 50% the amount of shopping centres it owns, growing from 6 to 9 shopping centres, which might represent, according to the board’s predictions, a 15% increase in revenue yoy», it can be read in the document.