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Merlin negotiates sale of office portfolio for €200M
15 November 2019 | Vanessa Sousa

REIT Merlin Properties is about to close the sale of an office portfolio for more than 200 million euro.

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Despite the identity of the buyer not being known yet, market sources indicate that negotiations with fund Cain are advancing.

The portfolio includes 26 offices, spread across Madrid and Barcelona, with a total combined area of 133.000 sqm, according to El Economista on its print edition this Thursday.

According to the same sources, this operation should be concluded by the end of the month.