Corpfin Capital sold several stores in Valencia for €19M

Corpfin Capital sold several stores in Valencia for €19M

The stores are leased to top operators such as Vodafone, KFC and Starbucks, whereas the offices are occupied by real estate consultant Aproperties. The assets were acquired by the REIT in 2015 and after a full refurbishment, it divided them into three different commercial areas and offices.

Corpfin Capital’s last operation

Last April, the real estate management company concluded the sale of a commercial store located at number 55, Gran Vía in Madrid for 18.4 million euro.

On the 31st of December 2019, its REITs portfolios were estimated at 101.52 million euro.

Corpfin owns the commercial area of the building Edificio España, which currently hosts a four-star Riu hotel. Recently, the Spanish management company closed a deal with distribution group Inditex to lease it 9.000 sqm of that same area.

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