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Vivenio launches offer for Atletico Madrid’s plot
26 June 2019 | Vanessa Sousa

REIT Vivenio presented a last minute offer for the third plot of land from Atletico Madrid which impressed the football club.

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The news is reported by Spanish newspaper El Confidencial which does not, however, disclose the offer’s amount. Up until then, the most interesting offer had been presented by Swiss fund Stoneweg, which has since reformulated it.

Nevertheless, sources told the same newspaper that Stoneweg’s new proposal shouldn’t be enough to overcome the offer from Vivenio– the REIT managed by fund APG and Renta Corporación –, which places it ahead of the race.

This operation, which involves the sale of three plots, should be concluded by the end of June, and club Atletico Madrid expects to receive around 180 million euro.

It should be reminded that Azora is ahead in terms of acquiring the other two plots (which have a total combined area of 40.500 sqm), since the proposal it presented last month convinced the club.